Bitcoin Diamond 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 is a global currency that you can use to purchase products from any country and have them shipped to your doorstep, anywhere in the world, aiming to offer faster transaction confirmations, lower fees and more inclusive mining. With lower transaction fees than any credit card, better exchange rates than any government backed currency, and faster transaction confirmations than other digital payments, Bitcoin Diamond is the internet’s native currency. 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. Currently, bitcoin diamond can be purchased on cryptocurrency exchanges. The OKEx platform is responsible for half the turnover on the market. In addition, bitcoin diamond is listed, among others, on Binance, Huobi or KuCoin, where it can be purchased in tandem with USDT, BTC and ETH. Bitcoin Diamond, like Bitcoin, is a cryptocurrency whose network is maintained using the proof-of-work method. This means that in return for confirming the transaction, ‘miners’ receive their remuneration. In addition, they receive a reward in the form of newly mined blocks for their work.
Original author – Satoshi Nakamoto
Initial release – 24 November 2017
Development status – Active
Website – bitcoindiamond.org