Review on Bitcoin Diamond by Muhammed Özdemir
Bitcoin Diamond
Bitcoin has significantly led the formation of new subcoins with the new altcoins it has created in the past years. Like Bitcoin Gold, Bitcoin Cash, and Bitcoin Diamond. They have one of the excess market volumes of crypto currencies created by the hard fork of Bitcoin. What is Bitcoin Diamond ?, my answer to the question is as follows: Bitcoin Diamond, which is formed in the 495866th block of Bitcoin, is the new crypto currency that is formed as a result of the hard fork process. Bitcoin Diamond, Team EVEY and Team 007, which emerged thanks to the leadership of two Bitcoin miner groups, emerged with the hard fork process with these two group leaders. Bitcoin Diamond (BCD) promises its users much faster transaction confirmations and a more secure platform with the new features it promises. According to BCD developers, although Bitcoin has been developed for 9 years, it is still interpreted as a crypto currency with high transaction fees. Bitcoin Diamond (BTC) is struggling to meet the rising demands every day. At the same time, while the confirmation times of the transactions are slowing down, the lower threshold is quite high for new users. Bitcoin Diamond (BCD) aims to make improvements and updates to find solutions to such problems.
Pros
- Easy to mine
Cons
- Not the most reliable option
- Lack of privacy feature
