Assets, Bitcoin

Who Owns Bitcoin Diamond?

Bitcoin Diamond (BCD) is a fork of Bitcoin that occurred at block 495866 on the Bitcoin blockchain. 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. This will cause a bifurcation of the Bitcoin blockchain. The original Bitcoin blockchain will continue unaltered, but 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 diverging from it. As a result of this process, a new cryptocurrency was created which we call “Bitcoin Diamond”.

bitcoindiamond.org explains in more detail:
When block 495866 is mined, a hard fork occurs and BTC splits into two chains: The original BTC chain and the new BTC-Diamond chain.

BTC holders at the time of the fork (block 495866) automatically have an equal amount of BCD.

NOTE: Warning: Bitcoin Diamond is a fork of the original Bitcoin blockchain, and its ownership is not clearly defined. As such, it is important to exercise caution when dealing with any cryptocurrency related to Bitcoin Diamond, as it may be subject to malicious or fraudulent activities. It is highly recommended that users research and understand the risks associated with any cryptocurrency related to Bitcoin Diamond before engaging in any transactions.

For example, if you have 2 BTC at the time of the fork, you now have 2 BTC and 2 BCD. Your BTC are safe and unharmed — nothing changes for you except that you now also own an equal amount of BCD as well!

You can claim your BCD by following these simple steps:

1) Download the official Bitcoin Diamond Wallet from our website: bitcoindiamond.org
2) Backup your wallet private keys or mnemonic phrase as usual.

3) Install the wallet and launch it. Your BCD will automatically be there!.

Who Owns Bitcoin Diamond?
The team behind Bitcoin Diamond consists of anonymous developers who go by the pseudonyms “Ekliptor” and “007”. They claim to have over ten years of experience in cryptocurrency development between them.

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