Pages:
Author

Topic: What's Deference between Bitcoin and Bitcoin Diamond? (Read 449 times)

member
Activity: 112
Merit: 10
EFFECT.AI▲Decentralized network for A.Iυ
it’s other new fork of bitcoin try to get some investors using bitcoin name.
bitcoin is bitcoin and Bitcoin Diamond is just fake altcoin
member
Activity: 123
Merit: 10
Bitcoin Diamond or BCD will solve the known downsides of Bitcoin, BCD erases all negative problems Report to moderator  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.
full member
Activity: 966
Merit: 104
I'm quite normal to the beatkoyn diamond created on November 24th. If he really will have such improvements, as its developers point out, which, in fact, there is no doubt, you just have to welcome such a digital coin. Even the fact that bitkoyn diamond conceals the amount and the list of coins in the purse is already quite good, since users with large amounts will go away from possible hacker attacks on this purse.
hero member
Activity: 770
Merit: 500
Bazinga!
Wow i did hear on one thread that there was to be another
fork but i didnt think it was to happen so quick, as above
lack of marketing.

While all the new features are good its hard to see it competing
with bitcoin or even bitcoin cash. Its just a pity these features
couldnt be added to bitcoin as smoothly as cash and diamond
has added them

there will soon be more of these kind of fork in my opinion. there are lots of lazy idiots out there who think this is the way to make money so they will soon start forking bitcoin over and over. but i don't think it will be as sever as the altcoin copycats that start an altcoin from scratch despite copying all the code from something else.
forking bitcoin like this is still a lot of work. and hopefully we will see an end to these copycats too.
legendary
Activity: 2464
Merit: 1387
Wow i did hear on one thread that there was to be another
fork but i didnt think it was to happen so quick, as above
lack of marketing.

While all the new features are good its hard to see it competing
with bitcoin or even bitcoin cash. Its just a pity these features
couldnt be added to bitcoin as smoothly as cash and diamond
has added them
newbie
Activity: 41
Merit: 0
Bitcoin is the original and first cryptocurrency but bitcoin diamond is fork of the original bitcoin which tries to make it better by adding more encryption and other qualities
member
Activity: 179
Merit: 16
This right here is why we need to stop these stupid forks. Newbies will not have a clue seeing so many plagiarized bitcoins.
sr. member
Activity: 385
Merit: 250
One will continue to succeed, while the other will inevitably fail. Why do these people even bother? And a 210 million coin limit? It is creative, I guess?
hero member
Activity: 1834
Merit: 759
All you really need to know is that it's an altcoin that's very unlikely to succeed. I mean, your airdrops won't even be worth that much thanks to the 210 million max supply. It's kind of a head scratcher, honestly.

But yeah I don't think this particular fork will be a significant player. It might be wiser to simply stay away. Also, friendly reminder: Don't download shady wallets to get airdrops -- wait until reputable services come up.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun


One is the old coin used by everybody in the crypto environment
The other is a fail of an altcoin, with 210 millions coins and different algorithm as just like Bitcoin gold it was created by miners specialized in that mining algo.
I doubt it will see 2019 above  1 cent per coin.
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
Bitcoin Diamond = Just another Altcoin
Bitcoin = Bitcoin
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
once upon a time someone with a vision who thought monetary systems are corrupt, banks are evil,... started a decentralized revolution to create a peer to peer currency. he then called it "bitcoin".

some years past, people saw this "bitcoin" thing is a valuable thing. there is a lot of money to be made from it, so they started copying it without wasting a time to really add anything valuable to that revolution.... one of these copies is called bitcoin diamond.

that is the difference for you.
member
Activity: 84
Merit: 10
Bitcoin Diamond is an altcoin created from bitcoin itself. It is a cryptocurrency created by Team EVEY& Team 007, as stated on the article, the creators were not satisfied by the dips and downside of bitcoin. Namingly, the slow transaction speed and the cost of the transaction. They created this coin to address those issues. Thought in my opinion this altcoin would have a huge pump and then eventually will experience a dump.

Bitcoin on the other hand is as of now the main currency which is what people use to undergo transactions or purchases. Bitcoin is getting more and more expensive to pump at current levels, and thus whales will have to shift a part of their focus to altcoins for the best returns. Their wealth is more than enough to make the value of certain coins go x10-x20 (I'm talking about the top coins) in a reasonably short period of time.
member
Activity: 798
Merit: 17
2023 would most likely be as bearish as 2022
Dear member

Diamond is version of BTC. BCD is speed than BTC and Low fees than BTC. But dont know acceptance from the investors. Both BTC BCD Block time is same.

this BCD slove the BTC problems.

you can see more details http://www.btcd.io/index.html
newbie
Activity: 2
Merit: 0
Bitcoin Diamond is a fork of the original Bitcoin blockchain. The fork aims to improve bitcoin in two major ways: it plans to add additional encryption to each transaction, and it plans to increase the default blocksize limit to 8MB. Ultimately, Bitcoin Diamond seems to have more in common with Bitcoin Cash (BCH) than legacy Bitcoin (BTC). It’s also not totally clear who’s behind the project, how the blockchain fork works, or what type of additional encryption is being used. There’s no Bitcoin Diamond whitepaper, for example.

There are also 210 million Bitcoin Diamonds, which is 10 times more than any other version of bitcoin. Again, it’s not totally clear how this works – whether they’ve actually created more bitcoins, or if they’re just using a smaller denomination.

Anyways, stay tuned for the launch of Bitcoin Diamond at block 495866.
full member
Activity: 336
Merit: 112
Bitcoin works on PoW, has 21 million supply, and 1MB blocksize. Bitcoin diamond works on PoS, has 210 million supply, and an 8MB blocksize. It's still hard to predict what would happen to bitcoin diamond, but right now it seems that transactions are much faster than btc which is one of their goals. This is also what happened with bch because both have 8MB blocksize. What bcd lacks is marketing and advertisements, only few people knows about this fork unlike bch and btg.
full member
Activity: 350
Merit: 100
I want to know what's the deference between  btc and btcd(Diamond). Please info any ideas about btcd Huh
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. The original Bitcoin blockchain will continue on unaltered, and a new branch of the blockchain will split off from the original chain. It shares the same transaction history with Bitcoin until it starts branching and coming into a unique block from which it diverges.
newbie
Activity: 31
Merit: 0
According to official  web site Bitcoin Diamond it has better privacy protection, encryption of the amount and balance which protects customers’ privacy and faster transaction confirmations. It has also raised the block size as part of a massive on-chain scaling approach. There is ample capacity for everyone’s transactions. The speed of generating blocks will be increased five times and the ultimate goal is to improve transaction confirmation speed for the entire BTC blockchain. More details can be found at official web site.
member
Activity: 224
Merit: 10
Bitcoin Diamond or BCD will solve the known downsides of Bitcoin, BCD erases all negative problems
Pages:
Jump to: