1 Level
11 Review
13 Karma
Review on Bitcoin Diamond by Quan Lieu
Bitcoin Diamond is considered part of Bitcoin's blockchain platform with many…
Bitcoin Diamond is considered part of Bitcoin's blockchain platform with many upgraded technologies while retaining the original features of Bitcoin. It uses a variety of new encryption techniques to increase the amount of money encoded in a transaction process, enhancing the privacy of the customer. Simultaneously increase the transaction time many times.
Pros
- Miners get rewards for the tasks they perform on the blockchain. These tasks require a lot of computer power. Miners on the Bitcoin network use powerful equipment called ASIC miners to complete their tasks.ASIC mining is often done in large warehouses with hundreds of machines. It’s loud, expensive and can get very hot. This means that most members of the Bitcoin community can’t mine Bitcoin.Team Evey and Team 007 think this is unfair. BCD mining is easy enough for almost all users to do. BCD mining can be done using a GPU. If you’re a gamer, you’ll know this as a graphics card!
Cons
- in my opinion the price of Bitcoin Diamond will have to be more stable before it attracts any big-brand clients like Starbucks or McDonalds.
