Bitcoin Diamond company info

What does Bitcoin Diamond do?
Bitcoin Diamond (CRYPTO:BCD) is a hard fork of Bitcoin that launched in 2017. BCD is designed to be a faster, cheaper, and more scalable version of Bitcoin. BCD uses a unique hybrid mining algorithm that combines the Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanisms. This hybrid mining algorithm makes BCD more secure and energy-efficient than other PoW-based cryptocurrencies. BCD is actively engaged in several projects. They're creating a smart contract platform for decentralized application development on the BCD blockchain, working on a Lightning Network for swift and low-fee payments, and implementing atomic swaps for trustless BCD-to-crypto exchanges. These initiatives showcase BCD's commitment to enhancing the blockchain ecosystem, facilitating efficient transactions, and expanding the range of services available to users. Bitcoin Diamond's objective is to become the leading blockchain platform for everyday transactions. BCD wants to make it easy for people to use Bitcoin Diamond to pay for goods and services, as well as to send and receive money from friends and family.
Company Snapshot

How many people does Bitcoin Diamond employ?

people
Employees
11-50

What is the market cap for Bitcoin Diamond?

bag
Market Cap
$15.21M

Where is the head office for Bitcoin Diamond?

location pin
Head Office
Singapore

What year was Bitcoin Diamond founded?

founded flag
Year Founded
2017
What does Bitcoin Diamond specialise in?
/Medium of Exchange /Mineable /Payments

What are the products and/or services of Bitcoin Diamond?

Overview of Bitcoin Diamond offerings
Atomic Swaps: BCD is also working on implementing atomic swaps, which will allow users to exchange BCD for other cryptocurrencies without the need for a trusted intermediary.
Faster Transactions: BCD uses a hybrid mining algorithm that allows for faster transaction processing times than Bitcoin.
Lightning Network: BCD is also developing a Lightning Network implementation, which will allow users to make instant and low-fee payments on the BCD blockchain.
Lower Fees: BCD transaction fees are typically lower than Bitcoin transaction fees.
Scalability: BCD is designed to be more scalable than Bitcoin, meaning that it can handle more transactions per second.
Smart Contracts: BCD is developing a smart contract platform that will allow developers to build decentralized applications (DApps) on the BCD blockchain.