[Breaking News] Bitcoin Diamond Just Successfully Forked (BCD)
There is like breaking news several times per day these days, it is nuts, but the latest is that Bitcoin Diamond has successfully forked and this fork is different from the older ones in one major way and that is the ratio. The ratio is 1:10 which means that if you own 1 BTC you will get 10 BCD (Bitcoin Diamond). Therefore, I assume that they will have a 10x in current coin supply, but correct me if Im wrong on this.
Anyways, what you are most interested in is probably the price, right? Well, this one is trading on a chinese exchange and here is the hourly chart:
Comment: If you look at the chart you can see that the current price is USD 48 so if you own 1 BTC you will own 10 BCD and you will be USD 480 richer right now.
Thats all I have for this breaking news, but I will give you the links to their Twitter account and the link to this chinese exchange so you can follow the price:
https://twitter.com/BitcoinDiamond_
https://www.exx.com/trade/bcd_btc
Can't wait for the BTC Fruit Salad Fork!
:)
haha, yeah, probably next month when all the precious metals/stones has been taken
This shit is getting ridiculous now- it’s obvious everyone is trying to capitalize-
Also everyone just buying anything with bitcoin name -
BTC TOILET 🚽 NEXT
this fork is done by two team members who have pseudonyms. They are known as EVEY and 007 who are reportedly miners according to newsbtc.com.They are forking Bitcoin because they don’t see the actual Bitcoin scaling and serving the needs of growing users.
aha, interesting, thanks
How about we make a fork called not-Bitcoin or scale-Bitcoin or Buy-Dash.
Honestly all this is giving a bad rep for the Bitcoin community.
Thanks or bringing in the news.
yeah, these forks will be popping up like mushrooms, anyone can fork if you own a node I think, and there are quite a few nodes out there.
After the Bitcoin Cash, Bitcoin Gold and SegWit2x forks (which had finally failed), the Bitcoin Diamond hard fork took place this morning at 10:20 at block 495 866.
The ad does not seem to have had a lot of enthusiasm on the part of most Twitter users we follow. Some people seem surprised by the proliferation of forests:
What are the reasons for this fork?
As its official website indicates, Bitcoin Diamond is the result of a collaboration between three entities, "EVEY", "007", as well as an entity without a pseudonym. Together they gave birth to the Bitcoin Diamond Foundation.
If they decided to set up a fork, it is because they believe that the current Bitcoin does not manage to "scaler", that is to say to cope with the intensification of the pace of transactions. They also mention the lack of confidentiality inherent in the Bitcoin protocol.
For some members of the community, this approach is not very original, since many crypto-currencies are already trying to find solutions to the "limits" of Bitcoin:
What are the characteristics of Bitcoin Diamond?
Bitcoin Diamond will use a new "proof-of-work" algorithm, which, according to the development team, would be more efficient than that of Bitcoin.
Bitcoin Diamond aims to:
Offer users a certain amount of confidentiality: the sums transferred, as well as the BCD balances, will be encrypted on the Bitcoin Diamond network.
offer faster transaction confirmations, thanks to an 8 MB block size (same as Bitcoin Cash)
lower the "minimum threshold of participation" by increasing the maximum amount of money
how do i get my bcd