Bitcoin Diamond
Name
Bitcoin Diamond
Summary
Bitcoin Diamond is a Bitcoin (BTC) hard-fork that was formed in November 2017.
-It was created by Team Evey and Team 007 in 2017
-In order to avoid ASICs, the network uses the X13 mining algorithm instead of the SHA-256d used by Bitcoin.
Rating
Symbol
BDC
Overview
Bitcoin Diamond is a Bitcoin fork that was created before Bitcoin incorporated Segregated Witness (SegWit) in order to provide a lower-cost alternative to Bitcoin with faster confirmations and a different mining distribution. To construct and maintain Bitcoin Diamond, Team EVEY and Team 007 split the Bitcoin protocol.
Historical Price Movement (in INR)
Technology
Bitcoin Diamond is based on the Bitcoin Core codebase and employs an ASIC-resistant Optimized Proof-of-Work X13 consensus mechanism. According to the white paper, Bitcoin Diamond supports block sizes ranging from 8 to 32 megabytes. SegWit is supported by Bitcoin Diamond.
It uses public-key cryptography, peer-to-peer networking, and proof-of-work to process and verify payments. It is programmed in C++ language.
It is also trying to be used as a store of value and medium of exchange
ICO
BCD has a total value of 210 million. There will be no more increases. 1BTC: 10BCD will be handed to Bitcoin holders i.e. 170 million BCD. The remaining 40 million will be immediately sent as tributes and mining to the community rewards pool.
Volume ( as of 11th april 2022)
$2,606,188
Total Supply
189,492,898 BCD
Circulating Supply
186,492,897.95 BCD
Crowd Sales
N.A
Funding
N.A
Country
Singapore
Name of the organisation
Bitcoin Diamond
Year Incorporated
2017
Registered Address
9 Raffles Place #4F-A02 Republic Plaza Singapore (048619)
Dispute Resolution and Governing Law
Singapore
Country Risk Assessment
A1
Founding Team
Name | Designation | Education | Experience |
"007" | Creator | NA | NA |
Evey | Creator | NA | NA |