Bitcoin Diamond: “We believe in a world where everyone has equal opportunity to build the 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.
1. What is Bitcoin Diamond?
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 improve the transaction speed based on original features of BTC. This will cause a bifurcation of the Bitcoin blockchain.
2. How does it differ from Bitcoin?
The original Bitcoin blockchain will continue on 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 coming into a unique block from which it diverges.
3. What about the speed of transactions?
Bitcoin Diamond raised the block size limit to 8MB as part of a massive on-chain scaling approach. There is ample capacity for everyone’s transactions. The speed of generating blocks will be increased five times and the ultimate goal is to improve transaction confirmation speed for the entire BTC blockchain. Adding on Lighting network to fast transaction. Do Not require trust of Payment Channels to realize a real-time, massive transaction network.
4. How could it help me in particular?
Solving the situation of over-priced Bitcoin, the higher total supply of Bitcoin Diamond and lower the price will involve more people to participate in Blockchain world. With the support of the BCD Pay App, BCD Crypto College, and our training programs customized for your region, Bitcoin Diamond is easy to use for you and your community.
5. What is about BCD future development?
We know that it often isn’t practical to use cryptocurrency for everyday life. That’s why Bitcoin Diamond is designed to have ultra fast and affordable transactions. And for that, we need reliable partners, like for example the Changehero. In particular, we made it possible to buy BCD with the credit card and exchange it with 0% commission directly from our platform: https://btcd.io/ or from changehero.io
We want to make more liquidity and give investors more option for exchange. BCD about to release the BCD marketplace, which will be the first and unique for the cryptocurrency World.