diamond Diamond (DMD)

0.66% (24H)
Market CapVolumeAvailable Supply
$8.26 M$15,5543.62 M DMD

Diamond current price is $2.280 with a marketcap of $8.26 M. Its price is 0.66% up in last 24 hours.

What is DMD Diamond? DMD Diamond is a digital currency that that allows people to send money anywhere in the world instantly, securely and at near zero cost. It focuses on creating a multi entry, high rewards monetary system that empowers people to achieve financial freedom through blockchain based technology. DMD Diamond's conceptual goal is to become an ultra-scarce non-government controlled storage of wealth with software facilities that can increase that wealth over time. Emission Model DMD Diamond Coin rollout is one of the cornerstones of this monetary system. The emission model stays the same as in DMD Diamond 2.0, however, the introduced changes make the emission of new coins smoother and avoid sudden large reductions in yearly interest. In the past DMD Diamond relied on both Proof-of-Stake and Proof-of-Work algorithms to govern the network. DMD Diamond 3.0 will be run by state of the art Proof-of-Stake only, while Proof-of-Work is going to be removed completely. Diamond Masternodes A DMD Diamond network consists of full nodes running as servers facilitating connectivity and transmission of updates. Masternodes is a time tested concept which was originally created to prevent decrease in number of full nodes and incentivize people to keep the network running, decentralised and expanding. Over the years as the technology matured Masternodes became ever more useful and could perform additional network services that go above what a vanilla full node could do.
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10 Diamond (DMD)

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DMD Diamond’s solutions to the #crypto market problems

While developing DMDv4, we aimed to tackle several of the most pressing #blockchain challenges, from the excessive use of energy to lost coins.

Read on more: https://link.medium.com/dpLWLI7Heib

Elon Musk said that mining #BTC harms the environment, it affected the price of the largest coin.

We have abandoned PoW and switched to a 99% more environmentally friendly way of processing transactions many years ago and with #DMDv4 we improve it even more via HBBFT and dPoS.

DMD network security solution

#DMD Diamond operates on a unique HBBFT consensus with DPoS implementation. #HBBFT provides high network security, and DPoS creates a higher level of decentralization than the protocols of fixed consensus nodes.

DMD Diamond main mission

DMDv4's mission is to give people the opportunity to achieve financial freedom and independence by creating a platform that provides a secure, affordable and profitable #blockchain-based economy.

DMD solutions vs. green or HDD mining

The blockchain industry is racing against time to find a solution to the resource waste challenge. While #Bitcoin miners are targeting renewables, Chia is promoting so-called HDD #mining.

Read on more: https://link.medium.com/eewRhtgR4hb

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