Bitcoin Diamond (BCD) is a fork of Bitcoin that occurs at the predetermined height of block 495,866 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 enhance the protection for account transfer and privacy based on original features of BTC. This will cause a bifurcation of the Bitcoin blockchain. The original Bitcoin blockchain will continue 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”. Bitcoin Diamond coin could win over a lot of Bitcoin users with its faster transaction times, lower fees and easier access to new users. Bitcoin is a hugely popular coin but it can be quite difficult to use! Many critics of Bitcoin argue that the coin won’t be a valid replacement for normal money until users can make small purchases; quickly and easily. A network offering these features will also appeal to small businesses dealing in low priced, high-volume goods like coffee or fast food. However, in my opinion the price of Bitcoin Diamond will have to be more stable before it attracts any big-brand clients like Starbucks or McDonalds. One of the main safety features of blockchain technology is encryption. Private personal information is hidden using computer code. Some critics of Bitcoin think that not enough user information is encrypted. For example, all transactions and their amounts can be seen by anyone using the Bitcoin network. This can make tracing the real identities of users fairly easy for governments and other organizations. The team behind Bitcoin Diamond wanted to encrypt more user information. However, they have recently decided not to add more privacy features to BCD. They feel that governments will soon start passing laws that stop cryptocurrencies from hiding user data. In a statement published on Medium, the team noted Japan and Russia as examples of this trend. Bitcoin Diamond is processing much larger blocks than Bitcoin in the same amount of time. Larger blocks mean more transactions and a quicker average transaction time. Bitcoin Diamond makes it easy to mine BCD with less powerful computers. GPU mining allows more users to get involved in supporting the network and this can only be a good thing. Bitcoin is the world’s top cryptocurrency but it’s still quite difficult to use. Diamond coin’s high transaction speeds and low price could make it perfect for buying and selling small and inexpensive products like coffee or bus tickets.
Coinsuper would like to announce our platform token — CEN (Coinsuper Ecosystem Network)’s issuance and our plan to set up “Coinsuper Club”, i.e., the Global Advisor Association. All the CEN holders own the privilege for premium projects subscription. CEN (“Coinsuper Ecosystem Network”) is Coinsuper’s platform token. It is based on the ERC-20 token standard and has a total supply of 1 billion tokens, with no further issuance. Coinsuper is committed to building a world-class cryptocurrency exchange that drives mainstream and institutional adoption of digital assets. Coinsuper’s unique expertise in traditional finance, combined with its technical and operational excellence, makes it uniquely qualified to achieve this goal. CEN will serve as Coinsuper’s platform token and power a robust cryptocurrency ecosystem that is comprised of the Coinsuper exchange, a network of global crypto investors, top crypto investment funds, regulatory authorities and blockchain innovation labs. Together, this ecosystem will advance the growth of cryptocurrency and strengthen industry regulation and governance. Coinsuper has always been committed to creating a compliant and safe trading platform for premium blockchain projects, so as to provide global users more opportunities to participate through CEN. With the establishment of Coinsuper Club, Coinsuper will invite world-class blockchain investors and consultants who consistently refer premium blockchain projects to the platform. CEN holders and Coinsuper Club members would enjoy the benefits including: a. All CEN holders on the platform can get the opportunities and discounts for early participation in premium projects subscriptions; b. The platform will also give premium project tokens away to CEN holders on an irregular basis; c. Club members would enjoy the priority to get a certain share of premium projects; Currently, the first batch Coinsuper Club members including Pantera Capital, 8 Decimal Capital, Node Capital, Blockwater Capital and Connect Capital have been invited to join.