Centralized authorities such as governments and banks have always failed people causing people/investors billions of loss every now and then. To avoid such a crisis in the future, and out of danger towards the banking system for the collapse, unfairness, inefficiency and disappointment caused by a lack of change, forward thinking traders and brokers are looking for a solution that will disintermediate and commoditize today’s status quo.
As a result, a new ecosystem was introduced called Bitcoin that was created to address these problems profoundly and the user don’t have to rely on central authorities whose action may result in the system to collapse. Blockchain, a vast global platform based on a distributed ledger with Bitcoin, Ethereum, and other blockchain networks have proven the utility of decentralized transaction ledgers.
For many years, the cryptocurrency community has steadily grown, but the fact remains that this community is still in the early stages of expansion. Reputable media outlets have started reporting on the progress – mostly the price – of Bitcoin and other cryptocurrencies. As more exciting news stories are reported and the world’s curiosity towards cryptocurrency grows, people are continuously attracted to the fascinating world of digital currencies.
Bitcoin has revolutionized the concept of peer to peer payment by eliminating the role of intermediary from transactional activities. Over the time, the process needed to do a simple transaction is becoming cumbersome and time taking for ordinary users.
Due to the huge load and too many transactions happening at a time, Bitcoin has been showing many signs of weakness such as: Sluggishness or more than usual time for transactions (even up to ten minutes in most cases), Higher Transaction Fee, Highly dependency on Pool System and Large Organizational Miners.
Considering the huge potential crypto market has and to facilitate traders with a cryptocurrency that is efficient, in its true sense, we have carried out an extensive research and based on the findings have come up with a solution named Bitcoin Red Diamond. BRD is a cryptocurrency from China. China is a billion-dollar country and is forming a huge digital payment so BRD will have great potential in this market. Our goal is to make BRD popular and widely used throughout China.
BTC Red Diamond will surely be more advanced than Bitcoin and would eventually become today’s leading Crypto currency. BRD develops the main ecosystems based on Casino, Advertising, E-commerce industries. Through BRD’s proprietary 3SPoS protocol, it is a new upgrade of DPoS consensus algorithm with 3 master node layers that can help the system handle more than 1,000,000 transactions per second.
Here is a brief list of the benefits you get with BRD:
Once the coin is listed, you would have the facility to use BRD just like your VISA card and that too without having to worry about any additional charges from banks etc.
Having already made its worth in the Payment and finance industry, BRD is supported by a huge network of economists and financial institutions all over the world.
Being a part of the BRD Organization, your digital assets could be used for all of the transitions such as purchasing products or services form merchants who accept BRD.
Bitcoin Red Diamond aims to resolve all of the problems associated with Bitcoin. For doing so, we would be using an enhanced algorithm that would reduce the transactional time and provide an extra layer of security to your digital assets.
Despite being a revolutionary technology, the process needed to do a simple transaction is becoming cumbersome and time taking for ordinary users. Bitcoin Red Diamond took all of the weaker points of Bitcoin as a challenge and have solved them with its enhanced proof of stake algorithm. Now you can make instant, near-zero cost payments to anyone anywhere in the world.
Media Contact
Company Name: BITCOIN RED DIAMOND
Email: support@bitcoinreddiamond.org
Website: https://bitcoinreddiamond.org/