1 Level
11 Review
7 Karma
Review on Bitcoin Diamond by Thu Trang
BCD Coin also tries to pull transaction costs down. Because trading with…
BCD Coin also tries to pull transaction costs down. Because trading with Bitcoin (BTC) will take a lot of time to process, while increasing transaction costs are increasing. This is because Bitcoin's block size is limited to just 1 MB, equivalent to processing only 3 transactions per second.
Pros
- Encourage more new users: Bitcoin has become very expensive. Today, one Bitcoin is worth more than 6,500 USD. This makes it very hard for new users to buy one Bitcoin. The creators of BCD feel that Bitcoin should be for everyone, not just those who can afford it.
Cons
- Deposits are blocked on Binance => it's easy to pump.
