1 Level
11 Review
2 Karma
Review on Bitcoin Diamond by Thin Phan
In 2017, two Bitcoin miners called Team Evey and Team 007 decided to change…
In 2017, two Bitcoin miners called Team Evey and Team 007 decided to change the network’s protocol which is called Bitcoin Core. They were unhappy with the way that Bitcoin was working and thought they could improve it. Evey and 007 named their improved protocol, Bitcoin Diamond.
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!
Cons
- the 6th fork of Bitcoin? sudden 80% increases and decreases in price, it's website struggles with basic English...
