Cryptocurrency Diamond (DMD): review, course and chart

The Groestl Algorithm
PoW/PoS mining method
Maximum offer 4,380,000 DMD

The project was launched in 2013. Diamond is an open-source blockchain-based platform, which allows users to instantly make money transactions around the world.

The development aims to provide its customers with financial independence and to facilitate transactions that will be carried out in real-time mode with almost zero commission fees, and without the involvement of intermediaries (centralized bodies).

Special focus is on the high level of system security. Using modern security algorithms and advanced cryptography, transactions are protected and the risk of unauthorized access to the user's account is eliminated.

A key role in Diamond is played by the DMD digital currency, which is a hybrid coin that uses Proof-of-Stake and Proof-of-Work algorithms. However, to date, mining is carried out with the help of computers and laptops. For this, you need to keep a certain amount of coins on the balance of your electronic wallet. This approach eliminates the need to purchase expensive equipment and overpay for electricity. Besides, Masternode contributes to the effective operation of the system by receiving DMD as a reward for the services provided.

The project combines various characteristics of popular block projects, including Bitcoin, Luckycoin, Florincoin, and Novacoin.

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10 Diamond (DMD)
=
3.171USD