Introduction to Diamond Coin (DMD)
Diamond Coin (DMD) is a decentralized cryptocurrency designed to facilitate secure, low-cost value transfers globally without intermediaries. Launched on July 13, 2013, by founder Aleksander Mesor, DMD operates on the scrypt algorithm, with a fixed supply of 4,380,000 coins.
Key Features:
- Algorithm: Scrypt
- Block Time: 60 seconds
- Block Reward: 1 DMD
- Total Supply: 4,380,000 DMD
- Transaction Confirmations: 3 blocks
Diamond Coin (DMD) Use Cases
DMD empowers users by:
- Enabling peer-to-peer transactions with minimal fees.
- Supporting decentralized financial opportunities.
- Providing a transparent ledger via blockchain technology.
๐ Explore DMD trading platforms to start investing today.
Where to Buy Diamond Coin (DMD)
DMD is listed on several exchanges, including:
- Bittrex (B็ฝ)
- Livecoin
(Note: Always verify exchange credibility before trading.)
Technical Specifications
| Metric | Detail |
|---|---|
| Founder | Aleksander Mesor |
| Consensus | Proof-of-Work (Scrypt) |
| Block Explorer | Chainz |
FAQ Section
1. What is Diamond Coin (DMD)?
DMD is a cryptocurrency focused on fast, low-cost global transactions without central oversight.
2. How can I acquire DMD?
Purchase DMD on supported exchanges like Bittrex or trade peer-to-peer.
3. What makes DMD unique?
Its fixed supply and scrypt algorithm ensure security and scarcity.
4. Is DMD mining still profitable?
Mining profitability depends on hardware and electricity costs. Check calculators for real-time estimates.
5. How secure is DMD?
DMD uses blockchain technology, making transactions immutable and transparent.
๐ Learn more about crypto investments for strategic insights.
Conclusion
Diamond Coin (DMD) offers a niche yet robust option for crypto enthusiasts prioritizing decentralization and efficiency. With its capped supply and active development, DMD remains a noteworthy project in the altcoin space.
Keywords: Diamond Coin, DMD, cryptocurrency, scrypt algorithm, decentralized finance, blockchain, Bittrex, Livecoin.
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