Review on Bitcoin Diamond by JooHwan Han

Bitcoin Diamond (BCD) is a password currency created by hard-forking bit coins by three anonymous developers who consist of 'EVEY', '007' and '?' (Developer name is ?) Bitcoin diamonds were split on November 24, 2017 at 495,866 blocks of Bitcoin. It is intended to improve the limitations and disadvantages of bit coin, as it is the case for hard currency fork coin. On the other hand, the password coins derived from bit coin are controversial in development intention and reliability. Bitcoin diamond is also under much suspicion about the 'purity' of its development. The bit coin is an antique. There are various disagreements about the value of bit coin, but the technical limitations of bit coin are all a pain in the cryptographic market. The bit coin can be regarded as a 'cryptographic currency itself', so the limit of bit coin is the same as the limit of the cryptographic market. So the attempt to improve the limit of bit coin is considered to be a desire of everyone in the cryptographic market. It is also why investors are paying attention to the main update of Bitcoin. On the other hand, instead of waiting for the improvement of the limit of bit coin, some people have developed themselves. Typically, there are bit coin cache and bit coin gold. The bit coin diamonds introduced here are also intended to improve the technical limit of bitcoin. Bitcoin diamonds are characterized by maintaining a skeleton of bit coins, but with various improvements. The main points introduced by Bitcoin Diamond are as follows. At first, it expanded the block size of the bit coin, which is just 1MB, to 8MB, which brought the transaction speed to more than 5 times. In addition, we have replaced the mining algorithm with OPTIMIZED X13, which is based on GPU, in order to prevent the situation where the mine is threatened by capitalization. Bitcoin Diamond changed the difficulty level every 12 hours. Even lightning networks that do not support other bit coin-derived currencies. In addition, if you read the performance of bit coin diamonds one by one, the true heir of bit coin seems to be called bit coin diamond. But despite these advantages. It is a good idea to think carefully before investing Bitcoin Diamond. First of all, make sure that the bit coin diamonds are attractive enough to push bit coin and bit coin derived passwords. There is no guarantee that good technologies will necessarily lead to market share Bitcoin diamonds have undergone several stock price manipulations due to the influx of forces. On January 13, 18, 12:00 am to 14:00 pm, the number of bitcoin diamonds listed on Kukoin rose from 0.0061 BTC to 0.0665 BTC by a factor of 10. As of August 20, 2018, the transaction price is $ 1.11. Recorded at 0.1 Btc at the time of the January 13th spike mentioned above is the record price of Bitcoin Diamond. Currently, it maintains the top 40 in CoinMarketCap.