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Bitcoin Diamond (BCD) is the 491st largest cryptocurrency in the world by market cap, valued at $32,497,910. The current price of Bitcoin Diamond is $0.1581, which is 1.022% higher than yesterday. Prices have ranged between $0.161368 and $0.150803 over the past 24 hours. All prices are listed in US dollars and accurate as of January 27, 2023 06:01 UTC.
Sporting the tagline “Better bitcoin”, Bitcoin Diamond (BCD) was launched in November 2017 and promised to offer faster transactions, lower transaction fees and increased privacy compared to its older sibling. Formed following a hard fork of Bitcoin at block 495866 (for those playing along at home), Bitcoin Diamond has since developed a loyal following.
To achieve these goals, Bitcoin Diamond’s maximum block size was increased to 8MB, a sizable improvement on Bitcoin’s 1MB, and uses an X13 algorithm to engage GPU miners. Encrypted transaction amounts and user balances are also offered for increased privacy.
BCD is the token native to the Bitcoin Diamond platform. BCD coins were distributed to BTC holders when the hard fork occurred at a rate of 10 BCD for every 1 BTC.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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