Bitcoin Diamond BCD

1. Summary

Ranks

Liquidity

75

Developer

-

Social

81

Momentum (beta)

0

Stack Rank™

-

Price

$0.06 +1.2%

Market Cap

$12.21M (#1275)

Supply

188.16M / 210.00M

Tags

Cryptocurrency Proof of Work (PoW)

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Price
52W High price	$0.19
52W High date	5th Mar 2024 (7 months ago)
All Time High (ATH) Date	13th Jan 2018 (6 years ago)
ATH Price	$147.18
% From ATH	-99.95%
All Time Low (ATL) Date	4th Aug 2023 (1 year ago)
ATL Price	$0.04
% From ATL	58.49%

Supply & Trading Volume
Trading Volume (24h)	$4,318.00
Total Supply	210.00M
Circulating Supply	188.16M

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Description

Bitcoin Diamond (BCD) is a cryptocurrency that was created by splitting from the original Bitcoin blockchain through a process called 'forking'. This split resulted in a new chain being generated using a different proof-of-work algorithm and added protection for account transfers and privacy. The original Bitcoin blockchain remains unchanged. BCD's...

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Bitcoin Diamond (BCD) is a cryptocurrency that was created by splitting from the original Bitcoin blockchain through a process called 'forking'. This split resulted in a new chain being generated using a different proof-of-work algorithm and added protection for account transfers and privacy. The original Bitcoin blockchain remains unchanged. BCD's proponents tout its benefits as faster transaction times, lower fees, and easier accessibility to new users making it appealing to individuals and small businesses. However, critics say that for BCD to attract big brand clients, it needs to have more price stability. Additionally, although the Bitcoin Diamond team initially wanted to further encrypt user information for added privacy, they decided against it due to potential legislation against hidden user data in cryptocurrencies. In terms of capability, Bitcoin Diamond can process more transactions due to its larger block size while allowing mining participation from less powerful computers.

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