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Bitcoin Diamond BCD#66

$6.36
-17.67% (-$1.365, 24H)
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  • Market Cap$1,186,606,982
  • Volume (24H)$149,942,366
  • Circulating Supply186,492,898
  • Max Supply210,000,000
  • High (24H)$8.77
  • Low (24H)$5.83
  • Change (1H)0.62%
  • Change (7D)115.62%
  • Change (1M)97.10%
  • Change (1Y)1,045.96%

Forking from Bitcoin in 2017, Bitcoin Diamond (BCD) is a cryptocurrency born from the movement’s earliest success story. Aspiring to wield the powerful technology which made its parent currency so revolutionary while also making it faster and easier to use, Bitcoin Diamond broke off at block height 495866 and implemented several notable changes. Its new Proof-of-work algorithm deters attacks on the network, and transaction signatures on the chain increase its capacity for more processing per second. Since Bitcoin’s rapid growth has made it expensive, Bitcoin Diamond lowered transaction charges to facilitate access for a rising number of new users. Describing itself as a ‘global currency’, Bitcoin Diamond’s fees are less than a credit card’s and it offers better exchange rates than any government backed alternative. Its limited supply keeps inflation under control compared to fiat currencies, and Bitcoin Diamond’s fast transaction confirmations make it easy and secure to use in real-world settings as well as crypto trading.

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