Bitcoin DiamondLoading...
Price
$0.06 (-2%)
All Time High
$147.18 (-100%)
Market Cap
$11,748,009
Volume (24h)
4,094
Circulating Supply
188,156,898 BCD
Bitcoin Diamond's price today is $0.06 USD, with a 24-hour trading volume of $4,094 USD. BCD is down -1.90% in the last 24 hours. Bitcoin Diamond is currently ranked #1389 with a market capitalization of $11,748,009 USD.
What Bitcoin Diamond seeks to is the privacy aspect that Bitcoin core couldn’t provide. Besides, they have increased the number of coins in circulation by a factor of 10 meaning there are 210 million BCDs in circulation. This fork occurred at block height 495866 generating the new Bitcoin Diamond chain (BCD).
Since then, BCD miners have been creating new blocks with a new proof of work algorithm. BCD new blocks are large and with high throughput ensuring efficiency. As it stands, BCD was generated in the after math of Segwit and the failure of Segwit 2X implementation. With Segwit, blocks sizes were increased and BCD works hard to minimize production of isolated blocks. Then Again, BCD uses the X13 hashing algorithm with a mix of PoW and PoS for consensus meaning it can be mined with normal GPUs.
Just like other forks of Bitcoin, BCD aims at being an improved version of the former. Bitcoin Diamond offers faster transactions by adding on lighting network, reduced costs of transfers and reduced cost of participation by increasing the total supply of BCD and lowering the price to encourage people to participate.
On January 13th, 2018 12:00:00 AM, Bitcoin Diamond hit a historic high of $147.18 USD. It has been about 6 years ago since Bitcoin Diamond reached its peak.
On August 4th, 2023 01:10:47 AM, Bitcoin Diamond reached a bottoming price of $0.0438010300 USD. About 1 year ago has passed Bitcoin Diamond has seen such a low price.
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