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 Diamond 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’.
Manage your XRP, Bitcoin, Ethereum, Litecoin, XLM and over 300 tokens in a single interface. Atomic Wallet is available for all major Operating Systems. Subscribe for updates to know about the latest news and releases.
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Tips for securely storing your Decred
Back up your data. Regardless of which wallet you choose, ensure you back it up as often as possible. This helps you to maintain security, privacy, and protection for your funds and gives you the ability to recover your holdings if anything goes wrong.
Two-factor authentication. If two-factor authentication is available, make sure you enable it. It provides an added layer of protection to your wallet and gives you a second step to access your wallet in the event your password is compromised.
Strong passwords. If you choose a wallet that allows you to add in a passphrase on top of a PIN code, don’t pick something obvious or frequently used. The best passphrases are long, randomly generated ones, and you should change them every few months for added security.
Install reliable security software. Schedule routine scans and keep your antivirus software updated to better protect your devices from any sort of malware, spyware, and viruses.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.