Currently available in the United States; coming soon in 31 countries in Europe.
Bitcoin Diamond (BCD)
Not currently supported on BlockCard; data on currently unsupported cryptocurrencies is included for your convenience.
Since the launch of Bitcoin, developers have identified problems in the protocol: slow transaction speeds, high transaction fees, an increase in the number of miners, and an inability to scale. Bitcoin Diamond is an attempt to resolve those issues.
Bitcoin Diamond is the result of a fork in the Bitcoin blockchain, enacted in November of 2017. It retains a majority of Bitcoin’s original features while adding new ones, including a new supply cap of 210 million, ten times that of Bitcoin.
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What is Bitcoin Diamond (BCD)?
The new technical improvements promise to solve the issues of slow and high-cost transaction fees of Bitcoin, and as a result of the fork Bitcoin Diamond can perform over 100 transactions per second, which translates to 4.8 million per day. Other advances include anti-replay protection, scalability, and wallet enhancement.
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About Bitcoin Diamond (BCD)
Bitcoin Diamond raises the block size limit from 2-4 MB to 8-32 MB, which is an improvement in storage capability and ultimately transaction speed. The replay protection keeps user funds from being stolen by replaying Bitcoin transactions in Bitcoin Diamond. The ultimate goal of Bitcoin Diamond is to be an instrument of wealth accumulation for unbanked people in emerging economies. Developers want Bitcoin Diamond to be the number one cryptocurrency in these economies and become accessible and useful for everyday transactions.
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