Bitcoin Diamond Price Today

Bitcoin Diamond is a late-2017 Bitcoin protocol implementation with a greater supply, larger block size, and a different consensus mechanism. On our bot trading platform, you can start trading and investing in cryptocurrency right now.

What is Diamond Coin Crypto and How Does It Work?

It is a cryptocurrency that was developed as a result of the bitcoin network hard forks in November 2017. The goal of the new coin was to develop a bitcoin-like cryptocurrency that would be quicker, cheaper, and more anonymous.

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Furthermore, by excavating with GPUs - that is, graphics cards that are considerably more accessible and inexpensive than bitcoin excavators - the bitcoin diamond network is intended to be much less centralized. The public, on the other hand, was not enthused about the new currency. Because of the usage of the term bitcoin in the name, most cryptocurrency enthusiasts thought it was a low-value project.

Metrics of BCD Cryptocurrency

It is based on the Bitcoin Core codebase and employs the Optimized Proof-of-Work X13 consensus method, with the goal of creating an ASIC-resistant network. According to the white paper, Bitcoin Diamond supports block sizes ranging from 8 to 32 MB. New blocks are added every 10 minutes on average, and mining difficulty is adjusted every 12 hours. SegWit is supported by Bitcoin Diamond. Here are some of diamond cryptocurrency’s characteristics, that should help to understand its position:

  • Volume / Market Cap - 0.0222

  • Market Rank - #277

  • Circulating Supply - 186 492 898 BCD

  • Total Supply - 189 492 898 BCD

  • Max Supply - 210 000 000 BCD

Benefits of BCD Crypto and Its Price

Bitcoin Diamond was built in order to enhance characteristics of Bitcoin such as network performance and transition of trade prices. The Bitcoin Diamond team places a high value on privacy. Moreover, our crypto copy trading platform will help to put you on the right path of growing your cryptocurrency investment with complete transparency and control. So, here are the advantages of Bitcoin Diamond over its parent cryptocurrency, Bitcoin.

Diamond Cryptocurrency Has Helped in the Decentralization of Mining.

All you need to mine BCD coins are regular graphics cards and the ability to install them on your computer or laptop. This implies that even those who do not have a lot of money to spend on ASIC processors may mine the Bitcoin Diamond network.

Less Expensive Method of Sending Funds Across the Globe

Diamond users are able to reduce all connected revenues by circumventing centralized institutions like banks. Notably, Bitcoin Diamond remains less expensive to use than the majority of other cryptocurrencies. Because its value is still low, it has a cheap cost of transmitting money when compared to other high-value cryptocurrencies like Ethereum, Bitcoin Cash, and Bitcoin.

Bitcoin Diamond's Value and Community

Many individuals are preferring to join since it is marketed as a superior cryptocurrency to Bitcoin and even other cryptos on the market today. For example, it has a much higher value than other cryptos like Verge.

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