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Review on Bitcoin Diamond by Francesco CANALE
Bitcoin Diamond is a fork of Bitcoin that has been occured in 2017 at the…
Bitcoin Diamond is a fork of Bitcoin that has been occured in 2017 at the height of Btc block 495866. The total amount of supply is 210 millions. The BCD aim is to increase speed of transactions, increasing the storage seize and the block-out speed and they will feature Lightning Network, a new layer that allow faster transactions. The mining algorithm is OPTIMIZED X13(GPU), the avg block time is 10 minutes and the max block size 16-32mb. The difficult adjustment is 2 weeks as Btc. The team is spread worldwide, the dev team looks quite active on Github. Their community looks strong. Bcd is ilsted in the top 10 exchange including Binance.
Pros
- Added privacy to btc and the dev and community looks strong
Cons
- Being a fork of Btc it might be a problem for succeeding
