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Bittime - Bitcoin Diamond (BCD) is digital currency which was born fromfork (branching )Bitcoin blockchain. Here's the explanation!
What is Bitcoin Diamond (BCD)?
Bitcoin Diamond (BCD) is Bitcoin hard fork which was launched in November 2017. BCD aims to improve Bitcoin's scalability, security and privacy. This platform offers several advanced features, such as:
- Larger block sizes: BCD has a block size of 8MB, which allows for faster transactions than Bitcoin.
- Different hashing algorithms: BCD uses the Equihash hashing algorithm, which is claimed to be more resistant to ASIC mining.
- Encrypted transactions: BCD offers the option to carry out encrypted transactions for increased privacy.
Bitcoin Diamond (BCD) Key Products & Features
The following is Bitcoin Diamond (BCD) Key Products & Features:
- BCD Wallet: Official wallet for storing and sending BCD.
- Block Explorer BCD: Tool for exploring the BCD blockchain and viewing information about transactions.
- BCD API: Application programming interface for developers who want to build applications with BCD.
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What is BCD Token?
Token BCD is a digital currency that is the result offork (branching)blockchain Bitcoin. This fork occurred at block 495866, and resulted in a new blockchain with the nameBitcoin Diamond.
Tokenomic Bitcoin Diamond (BCD)
The following is Tokenomic Bitcoin Diamond (BCD):
- Total Supply: 189,492,898 BCD
- Circulating Supply: 186,492,898 BCD
- Market Cap: $15,764,977
Analisis Fundamental Bitcoin Diamond (BCD)
The following is Analisis Fundamental Bitcoin Diamond (BCD):
- Technology: BCD uses advanced blockchain technology to deliver a secure and transparent platform.
- Tim: The BCD team consists of experts in the fields of blockchain, cryptocurrency and software development.
- Partnership: BCD has established partnerships with several well-known companies in the blockchain industry.
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Comparison of Solana, Bitcoin Diamond (BCD) & Binance
Feature | Solana | Bitcoin Diamond (BCD) | Binance |
Consensus | Proof of Stake | Proof of Work | Proof of Stake |
Throughput | 50,000 TPS | 100 TPS | 1,400 TPS |
Transaction Fees | Low | Low | Low |
Use Cases | DeFi, NFT, Gaming | Bitcoin Fork | Crypto Exchange |
Conclusion
Bitcoin Diamond (BCD) is a Bitcoin fork that offers several advanced features, such as a larger block size, a different hashing algorithm, and encrypted transactions. BCD has a strong team, active community, and advanced technology.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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