Review on Bitcoin Diamond by Bünyamin Sevinç
Bitcoin Diamond
In my post today, I will talk about another project, Bitcoin Diamond.
Bitcoin Diamond is one of the Bitcoin hard forks. It attracts the attention of many people with their names and functions.
Or, in other words, Bitcoin is a crypto currency created as a result of network hard forks.
With this coin, there is possibility for a lower entry threshold for new users.
It is a much more accessible cryptocurrency compared to cryptocurrency excavators.
It uses functions of private public addresses that allow you to hide balance and transaction history. This is not complete anonymity, but you could actually call it more privacy than in the case of bitcoin.
SegWit (Split Witness) is used. It is to reduce the transaction fee in BCD transactions.
It can be purchased along with USDT, BTC and ETH, as well as listed on giant crypto exchanges.
Bitcoin Diamond uses the X13 algorithm to exclude ASICs from the BCD network. This algorithm has been optimized for common graphics processors (GPUs) to make mining available again to everyone and thus decentralized.
As a result, BCD's fast transaction times and low transaction fees are attractive to us users.
Thank you to everyone who reads and those who do not.
Pros
- Easily accessible
- Anonymity
- SegWit is used
- Listed on giant exchanges
- X13 mining algorithm
Cons
- Not for now.
