Review on Bitcoin Diamond by Eve Vallenilla

For those who trust their finances in a digital platform, the main priority when selecting a certain network is the security and privacy that this non-custodial financial system can offer.

Thinking about it, the creators of Bitcoin Diamond decided to add privacy mechanisms to the original Bitcoin protocol that generate greater peace of mind to the holders of the coin, knowing that the management of their financial resources is not publicly exposed.

In this way, the digital currency BCD was born in 2018, as a result of a modification to the infrastructure originally created by Satoshi Nakamoto in 2008, known as Bitcoin.

How attractive is this new digital currency?

As we have already commented, the basic purpose of the BCD protocol is to ensure the anonymity of the operations of the cryptocurrency holders.

What other peculiarity does the BCD coin have?

Due to the fact that the BCD currency generates blocks of size greater than other currencies such as Bitcoin, the speed of its operations is increased by optimizing the speed with which each generated block is blocked.

As a result of these valuable qualities, users obtain, in addition to privacy, faster processing of their commercial operations.

We can also limit that the BCD cryptocurrency operates independently, thanks to the fact that it has its own virtual machinery.

Another important aspect of this protocol is that it will use the Proof of Work consensus protocol in its issuance only up to 1000 blocks generated, the remaining to complete its maximum supply will be minted using the Proof of Extraction algorithm, until the estimated 210 million BCDs are completed. .