After Two Years of Advancement, Bitcoin Alternative Diamond Coin (DMD) Mades available 50 % Annual Interest

DMD-Screenshot

Bitcoin News release: Backed by the Diamond Foundation and a variety of price stability mechanisms and expert services, long term valuable digital currency DMD is a noteworthy in a significantly crowded digital currency space. DMD is soon to commemorate its 2nd birthday.

With virtually 2 years of continuous development, Diamond Coin’s viewpoint is to create long term stability through sensible management and an ever expanding network of supporting services. Diamond Coin strives to be a steady and protected digital currency with 50 % interest every year and advanced security procedures and algorithms.

The team’s distinct strategy conquers difficulties like inflation control, price volatility, security and sustainability by incentivizing holding instead of spending. Diamond Coin’s future plans include a whole ecosystem of Bitcoin 2.0 decentralized services with an increasing spectrum of digital currency financial instruments.

DMD stake holders are automatically eligible for 50 % interest per annum in a straightforward process understood as “minting”. When minting the DMD adopter acquires some coins, and holds them in the Diamond Wallet for a provided time period which in turn creates new coins. Minting withdraws the DMD from the supply chain for staking, adding to price stability, as well as securing the network through enhanced Proof-of-Stake innovation.

In order to control DMD inflation and bring it in line with the yearly rate of physical gold extraction, minting benefits will certainly be successively lowered over the coming years. The early adoption period for Diamond Coin has actually been set to last for a few years; an amount of time that is uncommon in the digital currency market. This requires a long term commitment that will certainly translate into a sluggish but advancing result of organic growth. Such a design is also a pledge on behalf of the DMD designers to believe strategically and long term.

To deal with price volatility the Diamond Coin environment presently has two crucial mechanisms to assist ensure the value continues to be steady. The first is the Diamond Multipool that permits participants with their own computer to mine currencies with virtually any algorithm and receive DMD in return. The second service Diamond Cloud Mining allows anybody to jointly mine BTC in the cloud and convert this into DMD payments. The system has actually shown to be adaptive, sustainable and fulfilling for its participants.

The Diamond Coin Foundation designers treat network security as a continuous difficulty that requires to be resolved and developed to remain a step ahead of potential security threats. Improvements in protocols and software optimizations offer a structured customer for the end user. Utilizing a Hybrid Security of two different procedures working in tandem is the foundation of Diamond Coin’s security. To further enhance security Diamond Coin carries out ‘Reactor’, a protection tool that offers the benefit of extra safeguards in addition to the price stability system of Diamond Cloud Mining.

Check out the official DMD website to find out more: https://bit.diamonds/

To trade DMD with Bitcoin please go to: https://www.cryptsy.com/markets/view/DMD_BTC

Trade DMD on Bittrex: https://bittrex.com/Market/Index?MarketName=BTC-DMD

Go to Diamond Coin on bitcointalk: https://bitcointalk.org/index.php?topic=580725

Follow DMD on twitter: http://twitter.com/dmdcoin

Media contact

Call: Aleksander Ray

Email: contact@bit.diamonds!.?.! City and Country Place: Manchester, UK About Bitcoin Public Relations Buzz: Bitcoin Public Relations Buzz has been happily serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own expert Bitcoin and digital currency Press Release. Click on this link to learn more. This press release is for informational functions just. The info does not constitute financial investment guidance or an offer to invest. The post After 2 Years of Advancement, Bitcoin Option Diamond Coin(DMD)Mades available 50 % Annual Interest appeared initially on Bitcoin Magazine.

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