Bitcoin diamond...future of priavacy.

in bitcoin •  7 years ago 

So guess what is bitcoin diamond?
Bitcoin Diamond (BCD) is a fork of Bitcoin that occurs at the predetermined height of block 495,866 and therewith a new chain will be generated as the BCD. 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. This will cause a bifurcation of the Bitcoin blockchain. The original Bitcoin blockchain will continue unaltered, but a new branch of the blockchain will split off from the original chain.

So bitcoin diamond futures ...what are the reasons that might give u high profit

1.Bitcoin (BTC) has been the most popular cryptocurrency of its times. However, it is not free from its shortcomings. BTC transactions have been taking notoriously long time to process and they have gone expensive over time.

2.The cost of BTC transactions has been rising, which has been casting a shadow on its practical applications.

  1. Finally, at the moment BTC transactions are visible in the public domain and anyone can see data related to how much amount is in another person’s wallet and their conducted transactions as well. BCD will encrypt the amount and balance, which will afford greater privacy to users of the new cryptocurrency.

Exchanges which have supported bitcoin diamond....
Binance ###
Kucoin
Yobit
Aexx
Coinbene
And many others..
Also challenglly supported but lets see what happened.

Now if you see todays chart of bitcoin diamond
You see a huge spike in price has occured.
From 17 usd to 250 usd....dollar
On kucoin the rate is highly tremendous
Its 867 usd....what might be the reasons but its still dob't know ..

But guess ,i will still say its not late to buy bitcoin diamond... Buy or cry later

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