Published On: Fri, Nov 24th, 2017

Another Day, Another ‘Bitcoin’: Diamond Launches As Gold Passes $400

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The Bitcoin community has woken up to another hard fork of the network, this time called Bitcoin Diamond (BCD).
BCD Boasts ’28 Exchange’ Support
Continuing an accelerating trend, BCD developers announced the coin had successfully forked at block 495866, with support from “28 global exchanges.”

$BCD BORN !!! At Nov.24 GMT 9:20am !!! Bitcoin Diamond ($BCD) successfully forked at block height 495866 and 28 global exchanges launched !! pic.twitter.com/6dpjLhmZeX
— Bitcoin Diamond (@BitcoinDiamond_) November 24, 2017

BCD’s abrupt entry into the market comes less than two weeks after Bitcoin Gold (BTG) released trading, with the earlier forked Bitcoin Cash (BCH) even hard forking itself during the same period.
There are thus up to five Bitcoin chains in existence as of November 24, despite little being known about the identity, robustness and ultimate long-term support for BTG, BCD and the BCH so-called “malicious” hard fork ‘Bitcoin Clashic.’
A Rough And Ready Diamond?
A glance at BCD’s publicity on the Bitcointalk forum, as well as its official website, paints a less than clear picture.
Unknown developers, a mystery “Bitcoin Diamond Foundation” and little technical information combine with the shoestring tone of staff responses on Bitcointalk.
The …

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