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What is Bitcoin Diamond (BCD) and how does it work?

by Financial Economy

Bitcoin Diamond is an altcoin created by forking Bitcoin and its code is BCD. Bitcoin Diamond set out with the slogan “Better Bitcoin” to solve some of the problems related to Bitcoin. Detailed information on what is Bitcoin Diamond BCD and how it works, graphic analysis, how much is the price, how to buy, BCD news, etc. is located in the continuation of the content. You can browse here for information about SAFEMOON coin.

What is Bitcoin Diamond (BCD) and how does it work?

The Bitcoin Diamond network has the same pre-fork transaction history as Bitcoin. BCD, which left the Bitcoin mainnet on November 24, 2017 in block 495866, came to life with its miners and new network as of November 24. BCD started trading 2 weeks after Bitcoin Gold. When BCD was first released, it was listed on 28 exchanges.

Bitcoin Diamond has set the number of tokens at 210 million, different from the first cryptocurrency, BTC. The number of BCD tokens will not exceed 210 million. Just like Bitcoin has a 21 million limit. 170 million BCD in the Bitcoin Diamond network will be distributed to BTC holders as 10 BCD for 1 BTC with a long-term system. The remaining tokens are planned to be distributed to rewards and mining rewards in the Bitcoin Diamond community.

Bitcoin Diamond (BCD) chart analysis! How much is Bitcoin Diamond (BCD) price?

Bitcoin Diamond (BCD) price is around $1.98 as of 03.07.2021. Looking at the BCD graph; We can see that BCD’s price declines after its launch, staying at these low price levels for a long time.

The value of Bitcoin Diamond (BCD), which increased in price in May, declined again. As with almost all cryptocurrencies, there may be price volatility in BCD. Investors are wondering how BCD will draw graph in the rest of 2021. It would be wrong to say anything definitive about the future price of BCD. Because, as in every investment, there are uncertainties in crypto money.

For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency

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