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Author Topic: What is Bitcoin Diamond?  (Read 9051 times)

Alter

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Re: What is Bitcoin Diamond?
« Reply #15 on: February 07, 2019, 02:48:21 pm »
By adding more branches of bitcoin such bitcoin cash and bitcoin gold. Do you think does can help it to increase the value of bitcoin?

Actually it depends on the success of those coins. If those are successful to develop and many people are interested to buy and trade them, indirectly it makes Bitcoin more popular. Those are the branches of Bitcoin, so the success will influence to the popularity of Bitcoin.

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Re: What is Bitcoin Diamond?
« Reply #15 on: February 07, 2019, 02:48:21 pm »


AquaX

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Re: What is Bitcoin Diamond?
« Reply #16 on: February 09, 2019, 05:50:02 am »
Bitcoin Diamond is a Bitcoin fork that will allow miners to create blocks using a new proof-of-work algorithm. Bitcoin Diamond offers several technical advancements in scalability along with anti-replay protection and wallet enhancements.

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Re: What is Bitcoin Diamond?
« Reply #16 on: February 09, 2019, 05:50:02 am »

MDPK

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Re: What is Bitcoin Diamond?
« Reply #17 on: February 11, 2019, 02:49:02 am »
Bitcoin Diamond is one of the most popular hard forks for its controversies in the cryptoverse. Initiated in November 2017, Bitcoin Diamond was one of the 20 hard forks which were undertaken in 2017. The main intention behind the inception of this hard work, by two of the developers, was to improve the incapabilities of the Bitcoin protocol. During its initial days, it was widely accepted by the community members, and was also listed on, over 33 cryptocurrency exchanges and supported by at least 6 Crypto wallets. But due to shed loads of reasons, it became one of the most controversial ones.

adterna

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Re: What is Bitcoin Diamond?
« Reply #18 on: February 11, 2019, 02:56:11 am »
Bitcoin Diamond is a fork of the Bitcoin blockchain, the most widely-used and most secure cryptocurrency. Unlike fiat currency, Bitcoin Diamond has a limited supply to make sure inflation is kept under control.
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alyanov

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Re: What is Bitcoin Diamond?
« Reply #19 on: February 11, 2019, 03:15:54 am »
Bitcoin Diamond (BCD) is a fork of Bitcoin that occurs at the predetermined height of block 495866 and therewith a new chain will be generated as the BCD. 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.

AvarS

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Re: What is Bitcoin Diamond?
« Reply #20 on: February 11, 2019, 03:42:52 am »
Bitcoin Diamond claims to offer is privacy first and foremost. It seems this fork’s developers have found a way to encrypt the transaction amounts and balances of all BCD users. It sounds somewhat similar to Monero, but it is doubtful the Bitcoin Diamond implementation is even half as competent. A GitHub repo has yet to be created for this altcoin, but that may change once the correct block is found on the Bitcoin network.

AvarS

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Re: What is Bitcoin Diamond?
« Reply #21 on: February 11, 2019, 03:44:49 am »
Bitcoin Diamond is fork of Bitcoin that seeks to add more transaction capacity to the network. There are ten times more BCD than Bitcoin, meaning that a total of 210 million BCD will ultimately be released, versus Bitcoin’s 21 million.

GasX

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Re: What is Bitcoin Diamond?
« Reply #22 on: February 11, 2019, 03:50:47 am »
Bitcoin Diamond was branched from Bitcoin as a hard fork by two developers in 2017 who wanted to tackle issues such as transaction time and fees and the cost of the Bitcoin in order to offer a more accessible cryptocurrency – and not just those who could afford Bitcoin’s price tag.

ardhanimaul

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Re: What is Bitcoin Diamond?
« Reply #23 on: February 12, 2019, 04:21:29 am »
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. 

Alcor

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Re: What is Bitcoin Diamond?
« Reply #24 on: February 23, 2019, 12:05:59 am »
Bitcoin Diamond is an early project who was aims to improve the financial system for companies around the world by making tranzactions secure and much faster.
So far, the bitcoin diamond is still little heard. However, these forks are necessary, they are a reserve in case anything happens to the original Bitcoin.

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Alter

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Re: What is Bitcoin Diamond?
« Reply #25 on: June 10, 2019, 06:49:47 am »
So far, the bitcoin diamond is still little heard. However, these forks are necessary, they are a reserve in case anything happens to the original Bitcoin.

Yeah, it is not really popular yet Bitcoin still dominates the popularity in crypto space. But yes, I agree if this coin is important to support the existence of Bitcoin. Bitcoin Diamond will be known by people sooner or later, it should take times. I think this coin may have a potential future as well.

Eben

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Re: What is Bitcoin Diamond?
« Reply #26 on: June 10, 2019, 08:45:03 am »
Bitcoin Diamond uses blockchain and cryptocurrency technology to provide the world’s unbanked and underserved people with a currency they can access, trust, and use. We believe in a world where everyone has equal opportunity to build wealth. Yet there are 1.7 billion people who are repressed from owning a bank account. As a fast, secure digital currency, Bitcoin Diamond aims to free the trapped capital, intellect, and creativity of the world’s emerging population. With Bitcoin Diamond, you have access to a currency that is convenient and secure to use no matter where you live.

 

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