Review on Bitcoin Diamond by lakshan Gunasekara
Bitcoin Diamond
Bitcoin Diamond is perhaps the most recent fork of the Bitcoin blockchain and was made at the foreordained tallness of square 495866, where the new chain was incorporated with the Bitcoin blockchain itself.
Since each new money has its own convention, excavators can contemplate them and start mining that particular advanced cash. When Bitcoin Diamond propelled, excavators made squares utilizing an improved adaptation of the Proof-of-Work calculation, known as the X13 mining calculation. The X13 calculation is advanced for quicker exchanges and different advantages that were made to make BCD a superior option to Bitcoin.
Pros
- Its mining process is more accessible and affordable
- It’s great for making micropayments
- Fast transaction confirmations
Cons
- High threshold for new members
- It has the same lack of privacy
