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Review on Bitcoin Diamond by Georgia Birch
Forecasting the further development of a particular cryptocurrency, it is…
Forecasting the further development of a particular cryptocurrency, it is important for analysts to have information about the development team, since a lot depends on this variable. But in this case it is only known that three programmers have put their hand to the creation of the coin, and they wished to remain incognito. But on the other hand, as practice shows, the anonymity of the creator is not always bad. After all, the identity of the person who created the original Bitcoin has not yet been found out. And this did not prevent the coin from becoming the absolute leader of the industry
Pros
- The Bitcoin Diamond rate at the moment of entering to crypto market was about $50 per coin. The historical maximum is fixed at $92. At the time of writing, this digital currency can be bought for about $2.33.
Cons
- First of all, it’s worth to answer the question: “How much is mining of Bitcoin Diamond more technological than mining of BTC?” When the original Bitcoin with a block size of 1mb processes a maximum of three or four transactions per second, then the 8mb BCD works about five times faster. Of course, it is not the best indicator in the industry, but it is still quite a noticeable upgrade
