Shine on, You Crazy Blockchain: The Bitcoin Diamond Fork is Now

[kreslik.news]

I know what you’re thinking. Another fork? Now? Can it be?

The answer is yes. Bitcoin Diamond is the result of a collaboration between two Bitcoin mining teams, Team EVEY and Team 007, who joined to form the aptly named Bitcoin Diamond Foundation.

Like Bitcoin Cash, Bitcoin Diamond decided to tackle Bitcoin’s scalability issues by raising the block size to 8mb. According to Bitcoin Diamond’s website, “the speed of generating blocks will be increased five times and the ultimate goal is to improve transaction confirmation speed for the entire BTC blockchain”.

Bitcoin Diamond will utilize a new proof-of-workalgorithm ... (read more)