2017 was not only the year of cryptocurrencies in general, but also the year of hard forks. Blockchains of many well-known cryptocoins were branched, on their basis new coins were created, with their own characteristics and solutions to problems that did not suit the community. Only one Bitcoin has dozens of forks. You can remember Bitcoin Cash, Bitcoin Gold, BitcoinX. Another fork, Bitcoin Diamond suites this company well.
A team of crypto enthusiasts including EVEY and 007 held a hard fork on 24 November 2017 on the block #495866. The new coin was designated as BCD. The idea of creation was also expressed in dissatisfaction with the problems of classic Bitcoin. And it is worth admitting that they succeeded in many of their plans, despite the fact that Bitcoin Diamond has not entered the top of the world's cryptocurrencies. To see the Bitcoin Diamond predictions, just google it – you’ll find dozens of reviews and analytics on the coin.
Increased block size in Bitcoin Diamond ledger. If in the classic Bitcoin it does not exceed 4 MB, then the Bitcoin Diamond chain has 8 MB. Thanks to this, blocks are generated 5 times faster, transactions are also carried out more quickly, and the amount of commission payments has significantly decreased.
Reduced size of the blockchain. All cryptocurrencies are chasing the optimal value of the blockchain. In BTC, the figure is 145 GB, BCD has 135 GB. This is tangible progress that makes the network work faster.
Improved security. At Bitcoin Diamond, the wallet balance is encrypted, which is why the attacker will not be able to understand what amount is stored on it. Accordingly, scammers will not be able to steal your funds if they get access.
The Maximum THash. An important indicator for Bitcoin Diamond mining. If classical Bitcoin has this figure at 1.2 million, then BCD has 4.8 million, Respectively, it is more profitable and easier to mine the new cryptocurrency.
Increased emission. If BTC and most other forks have 21 million coins each, Bitcoin Diamond has 210 million. Of course, this is bad from the point of inflation, but this amount of emission makes the new currency more practical for use in real life.
Bitcoin Diamond can be stored on many wallets that work with BTC and other cryptocurrencies based on its blockchain. For example, Mobi, Kcash, Bitgo, Guarda Wallet, QoinPro, Atoken, Bitpie. Wallets for BCD are both desktop and mobile, so you can choose the most convenient way to store the coin.
Bitcoin Diamond could not become as popular as its main competitor - the classic BTC. However, it is also traded on well-known cryptocurrency exchanges. For example, it can be found on Binance, OKEx and Gate.io. In addition, the coin can be bought on less well-known trading platforms. To monitor the current Bitcoin Diamond price, visit Coinmarketcap. There you can also see the Bitcoin Diamond price history. Please note that at different exchanges, the BCD price is significantly different.
Therefore, if you want to find the best rate, ChangeNOW offers it to you. This is a new-generation exchanger that offers to exchange digital funds at the best value. Unfortunately, BCD is not in our list yet, but it will appear soon. In the meantime, you can exchange 150 other cryptocurrencies quickly and securely.
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