Bitcoin Diamond (BCD) is a fork of Bitcoin that occurs at the predetermined height of block 495866 and there with a new chain BCD will be generated.
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 Bitcoin. This will cause a bifurcation of the Bitcoin blockchain.
The original Bitcoin 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'.
This shared agreement (called consensus) allows people like you to only accept valid bitcoin diamonds, enforcing Bitcoin Diamond’s rules against even the most powerful miners.
In addition to improving Bitcoin’s decentralization, Bitcoin Diamond users get better security for their bitcoins, privacy features not available in other wallets, a choice of user interfaces and several other powerful features. You can mine BCD using the full node wallet.
Download Bitcoin Diamond 1.0.0