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Ledger hardware wallets might support Bitcoin Diamond in the future

26 November 2017 21:00, UTC

According to Ledger’s statements, they might include Bitcoin Diamond in the list of supported cryptocurrencies after the see a source code. Ledger’s hardware wallets are considered one of the most secure ways of storing cryptocurrency by far and they are quite popular in the first world countries, so the future news about Ledger implementing BCD support might stimulate the growth of price of this altcoin.

Bitcoin Diamond internal structure differs from both original Bitcoin, Bitcoin Cash and Bitcoin Gold. It does not have any ASIC restrictions like Bitcoin Gold. It does not have the same size of a block in the blockchain like Bitcoin Cash (but it has SegWit measures pre-installed). And it does not have the same coin supply restriction as Nakamoto’s creation, the developers decided to multiply it by 10 for some reason. By the way, just because it’s called Bitcoin Diamond does not mean it’s backed by diamonds like that project that recently appeared in the news.

Unlike the developers of Ethereum, the dev team members of Bitcoin Diamond are not exactly interested in telling who they are: by far, we know there are three people in the leadership, EVEY, 007 and the third member, who did not even choose a nickname. However, good initial reception by cryptocurrency exchanges leads to believe that it’s not people what interests the fintech market when it comes to new currencies, its technology. After all, Satoshi Nakamoto is still a mystery too.