1. What is BCD?

Introducing BCD (Bitcoin Diamond) Cryptocurrency

Overview

BCD (Bitcoin Diamond) is a cryptocurrency developed jointly by the overseas EVEY team and the 007 team, with global operations managed by the Bitcoin Diamond Foundation. It is a hard fork of Bitcoin, aimed at addressing some issues with Bitcoin, such as slow transaction speeds, high fees, and insufficient privacy protection.

Features

1. Privacy Protection: BCD incorporates an encrypted transfer amount feature, safeguarding participants' transaction privacy, making the entire transaction ecosystem more secure and private.
2. Improved Transaction Speed: BCD increases the unit block size and supports a dynamic size for each block, allowing for more flexibility in processing all transactions within each block. The block generation speed has improved by five times, enhancing the transaction confirmation speed across the entire chain.
3. Reduced Transfer Fees and User Participation Threshold: The total supply of BCD is 10 times that of BTC, lowering the unit participation cost and threshold for users, enabling more individuals to easily engage in BCD transactions.

Application Scenarios

BCD aims to provide users with a faster, cheaper, and more user-friendly cryptocurrency. It is suited for scenarios that require rapid, low-cost transactions, such as micro-payments and daily transactions. The design of BCD facilitates easier acceptance and usage for new users.

Technical Foundation

BCD is based on blockchain technology, using a blockchain structure similar to Bitcoin but with several enhancements, such as larger block sizes and higher block generation speeds. It also supports GPU mining, lowering the barriers to entry for mining.

Summary

BCD is a cryptocurrency designed to address certain issues with Bitcoin, offering a quicker, cheaper, and more user-friendly transaction experience. It is suitable for scenarios requiring fast, low-cost transactions and provides a lower participation threshold for new users.

2. Who founded BCD?

Based on the information provided, it is not possible to directly determine who founded the cryptocurrency Bitcoin Diamond (BCD). The links mainly offer BCD's price information, trading platforms, and technical characteristics, but do not explicitly mention its founders. Therefore, an answer cannot be derived from these search results.

3. Which venture capitals invested in BCD?

According to the provided search results, there is no direct information identifying which venture capitals invested in the cryptocurrency BCD. However, here are some details related to cryptocurrencies and venture capital:

• BCD Coin: BCD Coin is a decentralized digital currency aimed at addressing the limitations and centralization issues of traditional financial systems.
• Cryptocurrency Venture Capital Cycle: The cryptocurrency venture capital field has experienced several booms, such as the ICO boom of 2017, which included successful fundraising for projects like Ethereum, Binance, and Tron.
• Development of Digital Currency: Recently, several industry giants both domestically and internationally have launched new digital currencies, such as DecFX Coin from Decode Global Limited and stablecoins from JD.com.

Due to the lack of directly relevant information, it is impossible to ascertain which venture capitals invested in the cryptocurrency BCD.

4. How does BCD work?

How BCD Cryptocurrency (Bitcoin Diamond) Works:

1. Hard Fork: Bitcoin Diamond (BCD) is a hard fork of Bitcoin that occurred in November 2017, aimed at addressing Bitcoin's speed and privacy issues.

2. Transaction Speed: BCD increases the block size to 8MB, enabling it to process far more transactions per second than Bitcoin.

3. Low Transaction Fees: BCD's transaction fees are lower than Bitcoin's, allowing users to transact at a lower cost.

4. Privacy Protection: BCD offers better privacy protection by encrypting transaction amounts, ensuring that users' transaction information remains secure and confidential.

5. Mining: BCD uses a proof-of-work consensus mechanism, but unlike Bitcoin, it employs a new algorithm that provides a more decentralized mining process.

6. Total Supply: The total supply of BCD is 210 million, significantly higher than Bitcoin's 21 million, making each coin's price more affordable for users.

7. Acquisition Methods: Users can obtain BCD through snapshots (at a 1:10 ratio), mining with mining machines, purchasing on exchanges, or contributing to BCD's ecosystem development.

In summary, the BCD cryptocurrency aims to provide users with a better experience by increasing transaction speeds, lowering transaction fees, enhancing privacy protection, and offering a more decentralized mining method.