Bitcoin Diamond (BCD) Review 2020: Everything you need to know about the new Bitcoin

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Bitcoin Diamond (BCD) Review 2020: Everything you need to know about the new Bitcoin

Bitcoin Diamond (BCD) Review 2020: Everything you need to know about the new Bitcoin-After 9 years of rapid development of Bitcoin, high transaction costs, and the Bitcoin no longer meet the demands of an increasing number of clients.

And all sorts of problems arise, which mainly consists of the following aspects:

  • slow transaction confirmation.
  • high threshold for new members.

The above are the main areas that Bitcoin Diamond (BCD) attempts to solve.

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Diamond Bitcoin uses cryptocurrency blockchain and technology to give people in the world do not have a bank account and served with a currency they can access, trust and use.

They believe in a world where everyone has the same opportunities to build wealth.

However, there are 1.7 billion people who pressed from a bank account.

As a digital currency that is fast, secure, Bitcoin Diamond aims to free the trapped capital, intelligence, and creativity of emerging populations in the world.

With Bitcoin Diamond, you have access to a currency that is comfortable and safe for use wherever you live.

Meanwhile, Bitcoin Diamonds are not growing as a competitor of Bitcoin Bitcoin Diamond is not a fork of blockchain Bitcoin with enhanced technology while preserving the original features of Bitcoin.

Adding a new technique – Lightning network for faster transaction speed, more efficiently applied in the field of daily payments.

In addition, increasing the storage size and speed block-out of each block to the optimal value, to follow segwit and increase the use Bitcoin trading block storage unit Diamond and minimize the production of insulated blocks.

What is Bitcoin Diamond (BCD)?

Bitcoin Diamond (BCD) is a fork of Bitcoin that occurred at the height of a predetermined block of 495 866 and there is the new chain will be created as BCD.

Diamond Bitcoin miners will begin to make a block with a new algorithm proof-of-work, and a row will develop and improve the speed of transactions based on the original features of the BTC.

This will lead to the bifurcation of blockchain Bitcoin. The original blockchain Bitcoin will continue to change, but the new branch blockchain will secede from the original chain.

It shares the same history with Bitcoin transactions to start branching out and come to a unique block of deviant.

As a result of this process, new cryptocurrency created what we call ‘Bitcoin Diamonds’.

 

In blockchain, hard fork is a change to a cryptographic protocol that causes permanent differences from the previous version.

When this change occurs, all users have to decide whether to adopt the new protocol (fork to the new blockchain) or continue to support the old protocols.

If the user simply fixed on a long chain, two blockchain then will anyone have identical transactions from before the fork, but now run on separate chains with their own unique history, node and protocol.

Through this kind of hard Bitcoin fork Cash (BCH), Bitcoin Gold, Segwit 2x, and now Bitcoin Bitcoin diamonds created from the chain end.

Bitcoin Diamonds Are Legit?

Yes Bitcoin Diamond (BCD) Legit. It is like any other cryptocurrency out there in the market.

Throughout human history, people have been doing the transaction. The currency has evolved over the years in the form of shells, beads, jewelry, coins, and most recently, fiat.

Fiat money is what most people today are used to. It offers significant benefits over its predecessors in terms of being relatively easy to transport and easy to measure.

However, fiat money is not without its limitations –

It can be worn inflation is volatile, especially under government control is not stable.
It can be convenient to use when traveling between countries.
It can be forged and can be stolen relatively easily.

Cryptocurrency solve this problem.

Here is a simple explanation of how the transaction cryptocurrency work.

For example, Maria in Venezuela wants to buy a mobile phone cases from Carlos in Colombia. Mary bought some Bitcoin Diamond (BCD) of the exchange and transfer of digital wallet to her.

From his wallet, he was sent to the BCD payment wallet address Carlos. The transaction is verified by multiple computers around the world (known as miners) with a cryptographic signature.

Once the transaction is confirmed, it will be added as a new block to blockchain BCD. With BCD, every transaction and wallet balance kept completely anonymous.

Almost immediately, the funds will appear in the digital wallet Carlos’ and he gave a mobile phone cases for Maria

Where can I Buy Bitcoin Diamond (BCD) Offers

Bitcoin Diamond (BCD) are available in the various exchanges. To get it cheaper and easier I suggest Binance Exchange, and if the first time you heard of binance or you know about it but you do not know how to use the app then read A-Z tutorial on Binance Exchange.

Diamond Bitcoin Wallet
Each is guaranteed Bitcoin wallet can keep your BCD before they reach a height that has been set as a block of 495 866.

If your Bitcoin stored by a third party, such as an exchange, then you should inquire with them about your Bitcoin Diamond.

Verified wallet that support BCD is:

Ledger Nano
wallets atom
BCD pay
Trustwallet
Bitcoin Diamond Exchange
Bitconin Diamond is avaible on some cryptocurrency exchange platform, and has the pair trading as BCD / BTC.

Popular Bitcoin trading platform for trading diamonds are:

Binance Stock
Houbi
Okex
Vindax
Changelly
Covesting and more

 

Bitcoin Diamond BCD Pay

Everything you need in a single application such as:

Predicting Movement Crypto: Crypto-powered AI Tracker will predict the price of the exchange Binance Crypto.
Crypto Tracker: AI-powered Quant Traders will buy and sell crypto API you on your Binance.

Crypto News: AI Bots powerful new findings and the latest trending news crypto functions.

Shopping with Crypto: Dozens of online stores that allow you to pay with proper crypto out of your wallet application.

Scan and pay: Pay, Receive, Exchange, and your Crypto Withdraw into another coin currency or fiat.
Your Own Private Keys: Integrated Crypto Wallet allows you to become your own bank and have your private key.

Conclusion

In an age where many people are forced to serve money, Bitcoin currency Diaomond is to serve people.

This initiative will primarily focus on the people who live in areas where other currencies and financial insitutions have failed them as: international transactions, security and storage of wealth.
Ultimately, this will increase the adoption of Bitcoin Diamond (BCD) and provide marginalized people with a currency that works for their interests.

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