Diamond (DMD) is a digital currency that transfers electricity back to people securely and at near-zero cost without the need for a centralized third party by facilitating the transfer of value anywhere in the world. This modern age rewards the monetary system with its network protocols, infrastructure, and services, creating sustainable economic opportunity for all.

Project Introduction

Diamond (DMD) digital currency allows people to send funds instantly, securely and at almost zero cost anywhere in the world. Diamond focuses on creating a multi-entry, high-return currency system, empowering people to achieve financial freedom through blockchain-based technology. The goal of DMD Diamond is to be an ultra-scarce non-government-controlled store of wealth with software facilities to increase wealth over time.

Project Highlights

Proof of Stake 3.0

DMD Diamond 3.0 adopts Proof-of-Stake 3.0, which solves many fundamental problems of Proof-of-Stake used in DMD Diamond 2.0, and gives users the ability to participate in network competitions, where the main prize is to sign the transaction Privileges, the winner will be rewarded with new coins. The more competitive the network, the more secure the network will be. Proof-of-of-Stake 3.0 addresses the security and stability flaws of the previous generation of Proof of Stake, including potential attack vectors such as Coin Age, Blockchain Precomputation, and Block Rewards.

Diamond master node

The DMD Diamond network consists of full nodes running as servers to facilitate connections and transfer of updates. Masternodes are a time-tested concept that was originally created to prevent the decline in the number of full nodes and to incentivize people to remain full nodes.
Network operation, decentralization and scaling. Over the years, as the technology has matured, masternodes have grown in role to perform additional network services beyond what a normal full node can do. A Diamond Masternode is a computer (a node) that runs a Diamond Wallet that is constantly connected to the Diamond Network and performs certain network duties/services, thereby earning network rewards.

To become a Diamond masternode, users need to send 10 000 DMD to the masternode address and use it as collateral.

These coins never leave the user's wallet and are only used to prove the user's right to become a diamond network service provider. Users can opt out of the Diamond Masternode program at any time, keeping all coins. There are many benefits to joining the Diamond Masternode program
The Diamond Masternode program like providing stability and efficiency of the network, but it also reduces the volatility of the currency.

Project Vision

DMD Diamond started out as a humble cryptocurrency. It focuses on generating and storing wealth through a built-in protocol. The DMD Diamond Foundation has developed diamond cloud mining and diamond multi-pool services to further strengthen the DMD diamond ecosystem and provide more entrances for this new financial system.

On the other hand, the development of blockchain technology is accelerating year by year, and DMD diamonds are also adapting to the ever-changing technology and market environment. In order to maintain compatibility and continue to obtain rich technical achievements. Driving DMD Diamond will adopt the necessary industry standards to incorporate solutions and components that will benefit DMD Diamond's future. Any new feature that is time-tested and will increase the value of the coin can and will be implemented.

In order to improve governance, DMD Diamond will utilize the masternode voting system to decide whether to forward community proposals to the DMD Diamond Foundation. All proposals with more than 50% turnout will be considered and included in DMD Diamond's roadmap.

At the same time, in order to further strengthen the position of DMD Diamond, the DMD Diamond Foundation is working with teams across the cryptocurrency industry to provide next-generation financial tools. The work our partners are doing will become even more visible and reinforce DMD Diamond's strong position as part of the wider cryptocurrency ecosystem.