💎💎💎BITCOIN DIAMOND💎💎💎

in #bcd6 years ago


BITCOIN DIAMOND bitcoin's fork


WHAT IS BITCOIN DIAMOND?

Bitcoin Diamond (BCD) is a fork of Bitcoin that occurs at the predetermined height of block 495866 and therewith a new chain will be generated as the BCD. Bitcoin Diamond miners will begin creating blocks with a new proof-of-work algorithm, and will consecutively develop and improve the transaction speed based on original features of BTC. This will cause a bifurcation of the Bitcoin blockchain. The original Bitcoin blockchain will continue on unaltered, but 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. As a result of this process, a new cryptocurrency was created which we call ‘Bitcoin Diamond’.


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ALGORITHM X13

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X13 Hash Algorithm

X13 is a modern hashing algorithm.

This algorithm uses 13 rounds of hashing with 13 different hash-functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, etc.), which makes it one of most reliable in a modern cryptocurrencies world.

Extended cryptocurrency defense
Specialists do not exclude availability of SHA256 hacking, which can jeopardize all bitcoin network. To hack X13 one must find vulnerability in all 13 hashes, which is much more difficult. Even if one of these hashes would be compromised, it would be just a signal to developers for to analyze the problem and change this hash.
X13 fully protected from ASIC. Difficulty of developing is due these same thirteen algorithms.

X13 hash algorithm

PoW/PoS

Total coins 1,600,000,000
PoW block time 360 sec
Initial PoW payout will be 8192 (2^13) coins per block
PoW payout will be halved every 6 months
PoS block time 60 sec
Min PoS age is 1 day, max 30 days
First year PoS 20%, following years 5%.
Transactions will have 4 block confirmations
50 minted block confirmations
Difficulty retarget each block

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HOW TO MINE BITCOIN DIAMOND


BCD BAZAAR

The BCD Pay International Marketplace gives you access to a wide range of products from top online marketplaces around the world regardless of your location. And the best part is, you can pay for any item using Bitcoin Diamond (BCD) or Bitcoin (BTC). With access to products that were previously exclusive to certain markets, customers around the world can unearth opportunity with Bitcoin Diamond.


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