Assets, Bitcoin

What Is Bitcoin Diamond?

Bitcoin Diamond is a fork of Bitcoin that occurred at block 495,866 on the Bitcoin blockchain. The fork resulted in a new cryptocurrency being created, called Bitcoin Diamond (BCD).

Bitcoin Diamond aims to provide a more private and decentralized version of Bitcoin. It does this by increasing the block size to 8MB and implementing new privacy features.

Bitcoin Diamond also has a lower total supply than Bitcoin. There will only ever be 21 million BCD, compared to 21 million BTC.

NOTE: WARNING: Bitcoin Diamond (BCD) is a hard fork of Bitcoin (BTC) that occurred in November 2017. BCD is not an officially recognized cryptocurrency and is not supported by the majority of exchanges and wallets, meaning it is both high-risk and difficult to use. Be aware that there have been reports of scams involving BCD, so proceed with caution.

Bitcoin Diamond is currently trading at around $1.50.

It is not yet available on major exchanges, but can be traded on some smaller ones.

Bitcoin Diamond appears to be a well-thought-out fork of Bitcoin. It has a clear purpose and vision, and is backed by a strong development team.

However, it remains to be seen whether it will gain traction in the cryptocurrency community and become widely used.

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