1 Level
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Review on Bitcoin Diamond by Bernice Larkin
The aim in creating Bitcoin was to create a completely decentralized digital…
The aim in creating Bitcoin was to create a completely decentralized digital currency that made transactions faster, cheaper, more reliable, and more private than current financial transactions. While Bitcoin did realize those aspirations, there’s no doubting that it isn’t perfect, and that changes can be made to improve on the original Bitcoin implementation
Pros
- In this case there are three, with two identifying themselves as “Evey” and “007”, and the third remaining fully anonymous. It was later mentioned that the names actually referred to development teams, and that the likely location of the Bitcoin Diamond Foundation is Singapore.
Cons
- While Bitcoin did realize those aspirations, there’s no doubting that it isn’t perfect, and that changes can be made to improve on the original Bitcoin implementation. Like other blockchains, Bitcoin Diamond is a decentralized network aimed at providing users a means to exchange value. Because it was forked from Bitcoin it shares similarities with the parent coin, although it has differences as well
