Bitcoin Diamond is up % in the last 24 hours. The current CoinMarketCap ranking is #, with a market cap of $84,, USD. It has a circulating supply of ,, BCD coins and a max. supply of ,, BCD coins. The top exchanges for trading in Bitcoin Diamond are currently Binance, Huobi Global, OKEx, VinDAX, and HitBTC. Bitcoin Diamond (CURRENCY:BCD) traded down % against the dollar during the 1 day period ending at PM ET on December 23rd. Bitcoin Diamond has a total market cap of $ million and $ million worth of Bitcoin Diamond was traded on exchanges in the last day. In the last seven days, Bitcoin Diamond has [ ]. Nov 25, · Bitcoin Diamond (BCD) is a cryptocurrency, the latest Bitcoin Diamond price is $, down % in the last 24 hours. Bitcoin Diamond market cap is $,, with a 24h volume of $2,, It has a circulating supply of ,, .
Market cap bitcoin diamondBitcoin Diamond (BCD) Market Capitalization Hits $ Million - Watch List News
With Bitcoin Diamond, miners will begin creating blocks using a new proof-of-work algorithm which better serves Satoshi's original goal of keeping Bitcoin decentralized. Bitcoin Diamond offers several technical advancements in scalability along with anti-replay protection and wallet enhancements.
With these changes to the Bitcoin protocol, Bitcoin Diamond seeks to achieve Satoshi Nakamoto's vision for a peer-to-peer electronic cash system that's accessible and usable to everyone, regardless of economic status or country of origin. While Bitcoin Diamond protocol provides faster transactions, additional scaling solutions are still required for the protocol to compete with traditional payment methods.
To accomplish this, the BCD development team is working to implement Lightning Network, a "second layer" payment protocol first proposed by Joseph Poon and Thaddeus Dryja in This solution allows users to open "payment channels" by committing an amount of Bitcoin that can then be sent to other participants on the channel without being confirmed on the main chain.
Using Lightning Network, Bitcoin Diamond can enable users to make instant transactions at a nearly limitless pace for a very low cost. Bitcoin Diamond reduces the transaction fees and the cost of participation: The total amount of BCD is 10 times that of BTC so that it reduces the cost of participation.
This supply change increases circulation and helps emphasizes the use of BCD for small businesses and microtransactions. With relatively low transaction fees, a secure and private blockchain, and affordable coin prices, Bitcoin Diamond is well suited for making everyday transactions.
Bitcoin Diamond raised the block size limit to 8MB as part of a massive on-chain scaling approach. There is now ample capacity for everyone's transactions to be processed. The transaction capacity of blocks will be increased five-fold and the ultimate goal is to improve transaction confirmation speed for the entire blockchain. With lightning fast transactions, highly diluted transaction fees, and ten times as much supply as other leading Bitcoin forks, Bitcoin Diamond's blockchain prioritizes trust, accessibility, and affordability.
While there are concerns that large blocks may rapidly increase the blockchain's total size. In case of a future volume increase, additional mechanisms such as sharding are already being considered to reduce the problem of storing a colossal blockchain size.
Bitcoin Diamond developers have incorporated a new proof-of-work algorithm and will continue to enhance original Bitcoin features with greater speed, protection, and scalability. Bitcoin Diamond raised the block size limit from MB to MB as part of a massive on-chain scaling approach to create ample capacity for higher transaction storage.
With the addition of SegWit. Bitcoin Diamond also offers replay protection as the format for transactions has been changed since the BCD fork. Credit card and bank transfer options are fairly limited. Binanace is the leading crypto to crypto exchange around with over coins supported for deposit and withdrawal. The exchange accepts users from around the world and has received favorable reviews from the crypto community.
Recently the exchange has also partnered with Simplex to allow credit card purchases of cryptocurrencies at a premium. A flat rate of 0. Incredibly, it undercuts most other large exchanges, some of which charge upward of 0. Created by outstanding technical minds, high-level finance professionals and experienced traders, HitBTC is delivering a fast and powerful platform solution on the market.
The platform has earned its reputation for fault-tolerance, flawless uptime, and high availability. Its core matching engine is among the best technological products in its class, offering traders a wide range of features such as real-time clearing and cutting-edge order matching algorithms. It has a ton of features available, and we'll cover them in this guide. To ensure that all users can easily perform payments, Bitcoin Diamond will be the first Bitcoin project to support an official mobile wallet.
An Android wallet based on Electrum has already been released with an iOS version currently under development.
Current wallet features include wallet name modification, account switching, and QR scanning. With BCD Pay, digital currency will be made accessible to millions of unbanked individuals in emerging markets, bypassing the financial barriers that had previously excluded them from the global economy.
To capitalize on Electrum's feature-set, Bitcoin Diamond has released its own version of the Electrum wallet. After downloading the wallet users can quickly connect to the BCD network and claim any coins that they may have earned from the November fork. BCD Pay is also a Hierarchical deterministic wallet.
These wallets, otherwise known as HD wallets, is a feature implemented on BCD to create multiple accounts from a single root key. With this rule, clients only need to save a master private key, which can generate multiple sub-private keys and sub-addresses. Another option is Atomic Wallet. Atomic Wallet is a desktop wallet built with security, anonymity and decentralization in mind.
Atomic Wallet was designed to leverage the potential of atomic swaps and become part of a fully-fledged decentralized cryptocurrency ecosystem. Your private keys and other data will then be stored on your PC in an encrypted form. Market Cap Rank Related news. Sorry, no liquidity for this pair. Bitcoin Diamond is a cryptocurrency that was established as a result of the Bitcoin hard fork that happened in November at the predetermined block height of As a fork, Bitcoin Diamond is markedly different from the original cryptocurrency.
The BCD coin boasts a tenfold increase in max supply, eight times larger block size, and a much faster difficulty adjustment. Still, despite several price peaks that followed the record, Bitcoin Diamond lost most of its value in the Spring of Check out the latest Bitcoin Diamond price online on Coin Sign up today and receive our updates and the latest news right to your inbox.
Related coins:. Market Rank Circulating Supply ,, BCD. Max Supply ,, BCD. Yesterday's Change 6.