Review on Bitcoin Diamond by Othere Obtentus
Another Bitcoin Fork
Bitcoin Diamond was potentially one of the most contentious hard forks in 2017. Users on the web believed that the coin alone was a fraud. Some argued that it has been produced simply to chip in on the Bitcoin name, while others suggested that you might reveal your private info through demanding Bitcoin Diamond from its hard fork. As of now, there is no specific proof that
the project is a scam or not has emerged. Individuals who argue that the hard fork was a fraud may have had a reasonable cause to anticipate it as such.
Since little was published from the organization supporting it at the time of launch. No community formation, no whitepaper, and not even a source code was issued. They didn't even have a GitHub account. There were and still are quite a few red flags about this controversial currency but despite all that, its market performance has been astounding. The project has been through several developments and claims to better than bitcoin in many ways. It might not actually overtake its predecessor but sure does provide better security and privacy in lower fees.
Pros
- Private and secure
- Performed exellent on the contrary
- Participative management
- Lower fees
Cons
- Unknown origins
- So many redflags
