What is Bitcoin Diamond

Article Summary, Automatically Generated By AI

Summary of Bitcoin Diamond

  • Bitcoin Diamond (BCD) is a hard fork of Bitcoin.
  • Fork occurred at block height

    495866

    .
  • Changes implemented:

    • New proof of work algorithm to deter attacks on the network.
    • Segregation of transaction signatures from transactions on the chain.
    • Increased capacity, allowing a greater number of transactions per second on the network.

About Bitcoin Diamond: A Revolutionary Cryptocurrency

Bitcoin Diamond (BCD) is a hard fork of Bitcoin, emerging at block height 495866. This fork introduced several key modifications, including a novel proof of work algorithm designed to thwart network attacks and the segregation of transaction signatures from transactions on the chain, thereby increasing capacity and enabling a greater number of transactions per second across the network as a whole.

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