Header banner
Revain logoHome Page

Reviews

Global ratings 186
  • 5
    52
  • 4
    105
  • 3
    20
  • 2
    8
  • 1
    1

Type of review

Today’s clear leader however is Bitcoin Diamond which has surged a whopping 60% in 24 hours. The spike happened a few hours ago propelling this Bitcoin offshoot to $4.70 from $2.27 in ten minutes. It has since pulled back to $3.55 which is a 64% jump from this time last weekend. OKEx currently dominates BCD trade with 18% of the total volume, followed by Huobi and Binance. Trade volume for Bitcoin Diamond has not jumped in line with the pump indicating that prices could fall back to previous…

Pros
  • The weekend has been quiet in crypto land with no major gains or losses. Markets are up marginally creeping above $280 billion again but with little direction for future momentum. Bitcoin has moved back towards its resistance level of $7,400, pushing slightly above it with a 1.7% gain to $7,450. If buyers continue throughout the day there could be another rally up towards $8k. Ethereum has been sluggish over the past few days with minor gains keeping it just above $465. Altcoins are all in the green at the moment with Stellar leading the top ten pack regaining 7% on the day. XLM is currently trading at $0.295 according to CMC, it surpassed Litecoin to take sixth place in the charts last week. Since last Sunday Stellar has gained 27% from $0.214, against Bitcoin it is up 5.3% on the day to 3970 satoshis. With employers paying their workers using cryptocurrencies, the Bitcoin Diamond ecosystem offers a secure environment for free global trade. The coin is readily accessible and you do not have to wait for minutes before your transactions are confirmed. The transaction costs are at the lowest compared to Bitcoin and Ethereum making the natural choice for Elite Shopping Cart. The price of BCD is currently at the lowest which the Elite audience can readily afford. A lowly priced digital coin offers a better value propositions for those using digital coins for their daily transactions and payment for goods and services. Both Elite and Bitcoin Diamond users have every reason to smile about the partnership and this has reflected on the BCD price in the last 24 hours.
Cons
  • Bitcoin Diamond Price Moons With the Bitcoin Diamond and Shopping Cart Elite partnership a done deal, the results have started reflecting on the BCD price with a spike of 30.44% against the dollar in less than 24-hours. At press time, BCD is trading at $1.45 and should the price hold; the coin will be among the best performing coins in the month of August which has recorded a huge market volume. By embracing the sophistication of Elite to offer a complete e-commerce solution to the crypto verse, automating their systems to include BCD as a way of making payments will increase the coin usability, visibility and dependability across the globe. Given that Bitcoin Diamond is fully decentralized, users can now access products through BCD Bazaar irrespective of their location the sophistication of SCE notwithstanding. While praising the partnership, Igor Soshkin, the SCE CEO and founder has said: ”Consumers who purchase products on the BCD Bazaar will have access to a range of brands including Amazon, Apple and Samsung to name a few. These products can be bought with cryptocurrency and delivered anywhere in the world. Cryptocurrency allows families and businesses to trade their digital assets (cryptocurrency) with physical assets.”

BCD is a diluted verson of Bitcoin and will be useful when more mainstream adaptation is present. While many despise it, I believe all forks will only strengthen Bitcoin. In the years to come, Bitcoin's value will come from it acting as a store of value where code will be usedby many forks, who will pay Bitcoin holders a share of their token - from 10-1 to 1-1. Think of the value Bitcoin CasH added to Bitcoin Holders. YaZEN Cryptophilosophy "from one seed, one apple tree, from one apple tree a…

Pros
  • Bitcoin Diamond uses legacy signing for all non-SegWit transactions and BIP143 for SegWit transactions. This is unlike BTG and BCH which use the BIP143 for all transactions. Because of the large number of BCDs which will be in circulation, it is not clear exactly how BCD is a fork of Bitcoin. The miners of the coin use X13 algorithm which engages GPU miners fully. According to BCD developers, this altcoin does not require Bitcoin blockchain as other forks of BTC do. The distribution of this coin is not as generous as that of BTC because you only get 0.5 BTX per 1 Bitcoin you had as of block 492820. Unlike many of the cryptocurrencies launched in 2017, it is stated on BCD’s website that the coin was created as a ‘free dividend for BTC holders’.
Cons
  • On February 3rd, the price of BCD surged to reach a high of $49.84. Even though the price went down on 6th February to $28.8, it regained on the 7th when it traded for $34.36 at 0600 (CET). The volumes traded for this coin aren’t consistent because on January 13th BCDs traded were $187 million while the previous day it was only $9.5 million. Two days later, the volumes dropped to $17 million. On February 6th, the volume traded was $8.2 million. The market cap of the coin is zero.

Who’s Behind Bitcoin Diamond? Bitcoin Diamond’s development team isn’t named. The pseudonyms for two developers are listed, while the third founder goes unnamed. The two named developers include Every and 007. The company appears to have organized under the name The Bitcoin Diamond Foundation. They list their location as Singapore. In a press release, the dev teams are listed as Team Evey and Team 007 – so it appears this is a collaboration between teams of developers as opposed to…

Pros
  • Bitcoin Diamond is one of several competing versions of bitcoin that have emerged in recent weeks. Just like similar proposals Bitcoin Silver and Super Bitcoin, Bitcoin Diamond promises to improve bitcoin in a number of different ways.
Cons
  • How Does Bitcoin Diamond Work? Bitcoin Diamond, or BCD, is a fork of the bitcoin blockchain. The fork will occur at block 495866. Once that block occurs, a new BCD chain will be generated. At this point, BCD miners will begin creating new blocks with a new proof of work algorithm. There’s a total supply of 210 million Bitcoin Diamonds. The price will be set at a rate of 1 BTC = 10 BCD. That’s a 10 times higher total supply than the original bitcoin blockchain. Even hard forks like Bitcoin Cash all have a fixed limit of 21 million units – after all, there’s only 21 million bitcoins in existence. What’s the point of Bitcoin Diamond? Which problems does the currency seek to solve? The website identifies three main areas of concern: Lack of privacy protection Slow transaction confirmations High thresholds for new members Conclusion Bitcoin Diamond is a fork of the original Bitcoin blockchain. The fork aims to improve bitcoin in two major ways: it plans to add additional encryption to each transaction, and it plans to increase the default blocksize limit to 8MB. Ultimately, Bitcoin Diamond seems to have more in common with Bitcoin Cash (BCH) than legacy Bitcoin (BTC). It’s also not totally clear who’s behind the project, how the blockchain fork works, or what type of additional encryption is being used. There’s no Bitcoin Diamond whitepaper, for example. There are also 210 million Bitcoin Diamonds, which is 10 times more than any other version of bitcoin. Again, it’s not totally clear how this works – whether they’ve actually created more bitcoins, or if they’re just using a smaller denomination. Anyways, stay tuned for the launch of Bitcoin Diamond at block 495866.

I'm not sure if it's a scam or not, but buying futures of a fork is always risky. A lot of users lost a huge amount of money because they decided to buy segwit2x futures, before the fork even happened. At least bdiamond already forked, but just like bgold they will probably took a while before we can claim or mine any coins. If they are ever released I will try to claim them, specially if they are traded closed to their futures price, but I would never buy bdiamond futures though. Actually I…

Pros
  • We do have different things on mind which we can able to do different things on what most people do tend to.I don't know whats up on their minds why they decide to buy future on those pre-fork event. We didn't still know yet or even haven't done but still they decide to purchase.I would say that they deserve to be scammed same as being said above not to be harsh but this is the way that they would really open their eyes on next times possible future.
Cons
  • The fork was use to support the increasing demand of bitcoin and I think this is really a good idea so that the market of cryptos will remain strong in the circulation its just so bad that other use this to scam other people but nevertheless it is still in the way how people protect their earnings whether the fork is a scam or not of you know when to invest and know what you trying to invest with you cannot be scam by anyone

Revainrating 4 out of 5

Forecasting the further development of a particular cryptocurrency, it is…

Forecasting the further development of a particular cryptocurrency, it is important for analysts to have information about the development team, since a lot depends on this variable. But in this case it is only known that three programmers have put their hand to the creation of the coin, and they wished to remain incognito. But on the other hand, as practice shows, the anonymity of the creator is not always bad. After all, the identity of the person who created the original Bitcoin has not yet…

Pros
  • The Bitcoin Diamond rate at the moment of entering to crypto market was about $50 per coin. The historical maximum is fixed at $92. At the time of writing, this digital currency can be bought for about $2.33.
Cons
  • First of all, it’s worth to answer the question: “How much is mining of Bitcoin Diamond more technological than mining of BTC?” When the original Bitcoin with a block size of 1mb processes a maximum of three or four transactions per second, then the 8mb BCD works about five times faster. Of course, it is not the best indicator in the industry, but it is still quite a noticeable upgrade

Though it is still in infancy and a hard fork of bitcoin. Bitcoin Diamond has proven and solved some of the issues that bitcoin dealt with in a short period of time. However, there are still more rooms for growth, challenges and wide acceptance. Since disputes do always come, Bitcoin Diamond will definitely rise to the occasion to respond.

Pros
  • Bitcoin Diamond was a hard fork of Bitcoin that occurred at predetermined height of block 495866. It created news within the cryptocurrency world as it addressed the issues that bitcoin had been facing. First in terms of convenience, Bitcoin Diamond is keen on becoming a substitute for fiat and credit cards for purchasing goods and services around the world and giving opportunity for the unbanked and undeserved people to gain access. Secondly, since it has a larger block compared to the mother bitcoin with 1:8 ratio, it will provide a much speedy transaction with lesser fees. Third in terms of mining, Bitcoin Diamond is under the mining algorithm Optimized X13 (GPU), which in turn will benefit by ways of trimming too much power because miners will rely the workloads on GPU and not on SHA 256 (Asic Miners).Mining Pools are properly introduced, and many to choose from depending on what group you want to fit in. Lastly, Independence and trading format changed. In order to avoid the replay attacks, Bitcoin Diamond will not accept Bitcoin deal to avoid the replay trading which is considered to be an ultimate edge on its part. As it seems like it does not want to live under the shadows of Bitcoin's flaws which is correct.
Cons
  • The security features used by Bitcoin Diamond have not been changed. The lightning network has not been fully implemented yet as of this writing. Remember when Bitcoin was first introduced its Developers were anonymous. The same goes with Bitcoin Diamond, its developer are hiding behind the alias.

Bitcoin Diamond được coi là một phần in the Bitcoin blockchain platform with many the progress of the progress of the hold of the head of the Bitcoin feature. It use one of new encoding for the commodity to add the encode amount in a transaction too a transaction, the following customer clients. Clock time to add time.

Pros
  • Bitcoin Diamond (BCD) as a same cash code same as Bitcoin and it is created after the team of the implementation of the implementation of the Fork from the platform of Blockchain of Bitcoin. Bitcoin Diamond of the life of the default of the Bitcoin mode of the hecess associated the security and block blocks and the current time of the transaction transaction.
Cons
  • “[Bitcoin Diamond] is a P2P network permissions for the Bitcoin user. We don't use PoW (Proof of Work) mà vẫn chạy trên PoS (Proof of Stake) với lãi suất 100% mỗi năm.

A project which requires a considerable community around that to gain some stability in the market. A recommended project by most of the users.

Pros
  • Lower transaction fees than any physical currency or a government backed currency. Protection from theft and inflation.
Cons
  • Stability of the coin cannot be assured with low government back up.

Revainrating 4 out of 5

Hardforks, a change in rules of a cryptocurrency making previously void…

Hardforks, a change in rules of a cryptocurrency making previously void transactions on the Blockchain valid, emerged for possible solutions to the limitations encountered. Based on a news article in Cointelegraph, These hardforks were a way of creating a split in a cryptocurrency. There is a description of a split a permanent moving away from a previous version of the Blockchain and older version nodes would not be accepted by this newest version.

Pros
  • One of the objectives of this cryptocurrency is to become the “improved coin” which is decentralized. There are numerous criticism is concerned with the anonymity of the team members behind the fork of this cryptocurrency. However, the promise of decentralization will further reinforce the belief of cryptographic proofs.
Cons
  • Bitcoin Diamond is new – It’s been less than a year since Bitcoin Diamond was created and we haven’t yet seen if the development team will really perform. It’s also far too early to know if the BCD token will appreciate in value and become stable.

Mining Bitcoin Diamond first requires you to download and install the core client. Understand that this means you’ll be downloading the entire blockchain to your computer to become a node. You’ll need a good amount of hard drive space to do this. The good news is that Bitcoin Diamond uses a new algorithm called X-13 that is much easier than the SHA-256 algorithm used by Bitcoin. This makes it possible to mine Bitcoin Diamond with your GPU.

Pros
  • High volume/low value transactions: Bitcoin is the world’s top cryptocurrency but it’s still quite difficult to use. Diamond coin’s high transaction speeds and low price could make it perfect for buying and selling small and inexpensive products like coffee or bus tickets
Cons
  • Trust: Hard-fork coins need to win the trust of the crypto community. No one knows who Team Evey and Team 007 are. A lot of users don’t think it’s legit and some even accused it of being a scam when it launched. Bitcoin Diamond will have to prove itself over the next few months or it could disappear completely!

Step 2. Deposit funds into your account While things change rapidly in the crypto world, it’s not likely that there’s an exchange available to convert your USD directly for BCD. If that’s the case, you’ll first need to obtain a cryptocurrency listed in a currency pair with BCD, such as bitcoin (BTC). For advice on how to buy bitcoin, check out our comprehensive guide. To deposit BTC into your account, copy your exchange wallet address, and then paste it as the destination when transferring…

Pros
  • Your ultimate guide to buying, selling and storing Bitcoin Diamond. Sporting the tagline “Better bitcoin”, Bitcoin Diamond (BCD) was launched in November 2017 and promised to offer faster transactions, lower transaction fees and increased privacy. Formed following a hard fork of bitcoin at block 495866 (for those playing along at home), Bitcoin Diamond has since grown to become one of the world’s top 50 cryptocurrencies by market cap size. So, how can you buy Bitcoin Diamond, where should you store your coins and what should you consider before purchasing? Read on to find out.
Cons
  • Step 1. Register for an account on an exchange that lists BCD Check out the list of exchanges in the comparison table above to find a selection of exchanges that list BCD in one or more currency pairs. After comparing your options, choose a platform that meets your needs and register for an account. Some platforms will only require your email address and password, but many others will also require your name, contact details, nationality and proof of ID before allowing you to trade. It’s also a good idea to activate 2-factor authentication to provide enhanced security for your funds.

2018 is the Year of the Fork, it’s a year for trying new things and seeing what works. These are very exciting times for cryptocurrency and I think hard-fork coins should be watched very closely. They’re like science experiments. The things they do well should be copied and their failures should be remembered so they don’t happen again! What do you think about Bitcoin Diamond? Is it better than Bitcoin or a lame rip-off? I’d love to hear what you think so let me know!

Pros
  • It’s faster than Bitcoin: Bitcoin Diamond is processing much larger blocks than Bitcoin in the same amount of time. Larger blocks mean more transactions and a quicker average transaction time. Inclusive mining: Bitcoin Diamond makes it easy to mine BCD with less powerful computers. GPU mining allows more users to get involved in supporting the network and this can only be a good thing.
Cons
  • Privacy features: Bitcoin Diamond hasn’t increased the level of user privacy. This will annoy users who think that Bitcoin transactions are too easy to track. The lightning network: The BCD team has promised lightning network technology but hasn’t launched it yet. They failed to improve privacy features so they might also fail to launch the lightning network. We’ll have to wait until July 31 to find out!

Even though its price is low, the total value of all the BCD on the market is still well over 350 million USD. The market is becoming very crowded with Bitcoin fork coins and only the ones with the best protocols will succeed. Next I want to talk about what the Bitcoin Diamond fork means for Bitcoin holders and the rest of the crypto community.

Pros
  • It’s faster than Bitcoin: Bitcoin Diamond is processing much larger blocks than Bitcoin in the same amount of time. Larger blocks mean more transactions and a quicker average transaction time.
Cons
  • Privacy features: Bitcoin Diamond hasn’t increased the level of user privacy. This will annoy users who think that Bitcoin transactions are too easy to track.

In terms of the total supply, it seems that 170 million BCD will be available on the market, while the remaining 40 million will be reserved for a “community rewards pool as tributes and mining”. Ultimately, the creators of Bitcoin Diamond emphasize that their currency is not a competitor to bitcoin. They describe it as a fork with upgraded technology that preserves the original features. The new privacy protection comes in the form of additional encryption during the transfer. Meanwhile, the

Pros
  • What is Bitcoin Diamond? Bitcoin Diamond is one of several competing versions of bitcoin that have emerged in recent weeks. Just like similar proposals Bitcoin Silver and Super Bitcoin, Bitcoin Diamond promises to improve bitcoin in a number of different ways.
Cons
  • Who’s Behind Bitcoin Diamond? Bitcoin Diamond’s development team isn’t named. The pseudonyms for two developers are listed, while the third founder goes unnamed. The two named developers include Every and 007. The company appears to have organized under the name The Bitcoin Diamond Foundation. They list their location as Singapore. In a press release, the dev teams are listed as Team Evey and Team 007 – so it appears this is a collaboration between teams of developers as opposed to individuals.

Behind closed doors, however, there has been talk that a rift has come between BCH developers, divided by a new pre-consensus development put forward by Bitcoin ABC lead developer Amaury Séchet. While many BCH miners and developers have shown support for this newly proposed direction, others have adamantly rejected the idea. Among this latter group most notably is the self-proclaimed Satoshi Nakamoto himself. haha

Pros
  • If we take a look at BCD/USD over a 12-month period you can quite clearly see that the asset has never held on to any significant gains for more than a 48-hour period, with most pump and dumps usually completing their cycles during intraday trading. This tells us that BCD has very little sentimental value to the market and really only serves as a vehicle for getting the market motivated during slow periods with these fleeting frenzies
Cons
  • The Scamwatch data was based on victim reports, which are still under a process of verification from authorities. The most vulnerable people were in the age as they made up more than half of all reporters on Scamwatch. According to the data, Australians lost A$4.3 million from scams every month of the first half of 2018 with cryptocurrency accounting for 123 out of 1796 investor reports

Revainrating 5 out of 5

He also added that Bitcoin Diamond will lower the cost for participation…

He also added that Bitcoin Diamond will lower the cost for participation thresholds. According to him, it will reduce the transaction fees and the cost of participations. “The total amount of Bitcoin Diamond is ten times as much of Bitcoin which will reduce the cost of the new participations and lower the thresholds”, he told the press. This is really my first time of hearing about this coin. OP, be careful before you invest in any coin that does not worth it. Most coins are been popular…

Pros
  • You khow that bitcoin is most popular and trusted.so, my opinion is you should invest for bitcoin.i think bitcoin have good future value. The Birth Of New Bitcoin Fork-Bitcoin-Diamond (BCD) Launched with Extensive Research and Development After nine years of rapid development of Bitcoin, Bitcoin Diamond, a new cryptocurrency, was recently launched and the innovators dubbed it as the ‘fruit of their long research’ and development. Singapore, 23th November
Cons
  • Bitcoin Diamond, a new cryptocurrency was recently launched by Team EVEY& Team 007, two teams of bitcoin miners who were not happy with some of the major downsides of Bitcoin. After nine years of rapid development and various issues that the miners faced with Bitcoin, such as lack of privacy protection, high transaction fees and slow transaction speed, the teams finally collaborated and rolled out Bitcoin Diamond. Bitcoin Diamond or BCD will solve the known downsides of Bitcoin, according to Bitcoin Diamond Foundation, the collaborative venture. “Bitcoin Diamond is a fork of Bitcoin that occurs at the predetermined height of block 495866”, said an EVEY team member while also launching the official website http://www.btcd.io/index.html. “Bitcoin Diamond miners will begin creating blocks with a new proof-of-work algorithm, and will consecutively develop and enhance the protection for account transfer and privacy based on original features of BTC. The original Bitcoin blockchain will continue on unaltered, and a new branch of the blockchain will split off from the original chain. It shares the same transaction history with Bitcoin until it starts branching and coming into a unique block from which it diverges. As a result of this process, a new cryptocurrency was created which we call “Bitcoin Diamond””, he commented. According to the team member, Bitcoin Diamond has various benefits, such as better privacy protection, encryption of the amount and balance which protects customers’ privacy and faster transaction confirmations. “Bitcoin Diamond has raised the block size as part of a massive on-chain scaling approach. There is ample capacity for everyone's transactions. The speed of generating blocks will be increased five times and the ultimate goal is to improve transaction confirmation speed for the entire BTC blockchain”, said another team member.

The two teams of miners, who were not satisfied with the flaws of the original Bitcoin, have launched the new cryptocurrency, Bitcoin Diamond. Even after the long path of development, Bitcoin still did not get rid of its original network’s issues – high transaction fees and slow transaction speed. It also still has some lack of privacy protection, which appears as one of the major reasons for miners to create new, more developed cryptocurrencies.

Pros
  • Lower transaction fees: Each transaction on the Bitcoin network is charged a fee. The fees for transactions have become very high in recent years. Cryptocurrencies are supposed to help users avoid paying high bank-transfer fees so Evey and 007 felt that Bitcoin’s fees should be going down, not up!
Cons
  • Bitcoin holders: Hard forks on the Bitcoin network put holders of Bitcoin in a unique position. Whatever amount of Bitcoin they hold, they get the same amount of the new currency, free! The Bitcoin Diamond fork increased the total supply of the coin. For every one Bitcoin users held, they actually got ten BCD for free. Good deal, right?

The aim in creating Bitcoin was to create a completely decentralized digital currency that made transactions faster, cheaper, more reliable, and more private than current financial transactions. While Bitcoin did realize those aspirations, there’s no doubting that it isn’t perfect, and that changes can be made to improve on the original Bitcoin implementation. One change that was made, and we aren’t sure what the purpose is, is that Bitcoin Diamond was created with 210 million coins. That’s 10…

Pros
  • Despite all the questions surrounding the new hardfork of Bitcoin, within several days the price had shot up to $94, which was also the all-time high for Bitcoin Diamond. Since then the price has been steadily sinking, although there have been some spikes, which I’ll discuss in more detail later. The aim in creating Bitcoin was to create a completely decentralized digital currency that made transactions faster, The team behind Bitcoin Diamond also released the source code soon after the launch, as well as improving communication and becoming more active on social media
Cons
  • Bitcoin Diamond shares a similarity with its parent Bitcoin, and that is in the anonymous nature of the founders. Bitcoin was created by Satoshi Nakamoto, a pseudonym for a programmer or group of programmers. Similarly, Bitcoin Diamond was created by developers using pseudonyms.

Bitcoin Diamond coin could win over a lot of Bitcoin users with its faster transaction times, lower fees and easier access to new users. Bitcoin is a hugely popular coin but it can be quite difficult to use! Many critics of Bitcoin argue that the coin won’t be a valid replacement for normal money until users can make small purchases; quickly and easily.

Pros
  • Faster transaction times: Most cryptocurrencies are struggling to reduce the time it takes for transactions to be completed. The Bitcoin network can only process about 2-7 transactions per second (Tx/s). Payment processing services like Mastercard and Visa can process thousands of transactions per second. The BCD team felt that it was time for Bitcoin to catch up! Slow transaction speed.
Cons
  • Right now, I am very skeptic towards it. “Cash” and “Gold” made some sense, but this one just doesn’t seem right to me. I agree that they need to fix the privacy issues with bitcoin, but this specific incarnation seems a bit “scammy” to me, somehow. I haven’t researched it properly, though, as it went under the radar for me, somehow, for some time. (That’s one of the reasons I don’t personally trust it.)

work many years I know this reasonable currency well without many differences with other currencies already existing in the market my most important dscizao to acquire it was to have community very strong reasonable value can still value a lot with time elapsing with years next is worth only to have little saved of this currency .

Pros
  • known
Cons
  • name