Reports about the launch of another Bitcoin hardfork keeps coming.
— Bitcoin Diamond (@BitcoinDiamond_) 22 ноября 2017 г.
What is Bitcoin Diamond?
According to The Bitcoin News, Bitcoin Diamond, a new cryptocurrency was recently launched by Team EVEY& Team 007, two teams of bitcoin miners who were not happy with some of the major downsides of Bitcoin. After nine years of rapid development and various issues that the miners faced with Bitcoin, such as lack of privacy protection, high transaction fees and slow transaction speed, the teams finally collaborated and rolled out Bitcoin Diamond.
Bitcoin Diamond is a fork of Bitcoin that occurs at the predetermined height of block 495866” (approx. 24th of November)
Bitcoin Diamond miners will begin creating blocks with a new proof-of-work algorithm, and will consecutively develop and enhance the protection for account transfer and privacy based on original features of BTC. The original Bitcoin blockchain will continue on unaltered, and 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. As a result of this process, a new cryptocurrency was created which we call “Bitcoin Diamond”.
Bitcoin Diamond Team
According to the team, Bitcoin Diamond has various benefits, such as:
- better privacy protection,
- encryption of the amount
- balance which protects customers’ privacy and faster transaction confirmations.
Also, Bitcoin Diamond team reports that BCD is already supported by large anount of exchanges, such as:
— Bitcoin Diamond (@BitcoinDiamond_) 23 ноября 2017 г.
It is worth noting that at Gate .io BCD is traded for $81.46.
And we wasn't able to find any official information about Bitcoin Gold support in the number of above mentioned exchanges. But maybe it will appear when fork will happen?
Bitcoin Diamond Team
There isn't much information about Bitcoin Diamond Team.
Bitcoin Diamond Development Team
Bitcoin Diamond Operations Team
These are screenshot from official website of Bitcoin Diamond. As you can see, there isn't a lot of information and those, who stands behind Bitcoin Diamond.
It is also worth noting that GitHub button at Bitcoin Diamond website doesn't work, and Youtube button just leads to Youtube with "bitcoin diamond" search words.