|All Time High:|
|Market Cap: |
|The price of #DMD today is $2.94 USD.|
The lowest DMD price for this period was $0, the highest was $2.94, and the exact current price of one DMD crypto coin is $2.94003.
The all-time high DMD coin price was $49.15.
Use our custom price calculator to see the hypothetical price of DMD with market cap of BTC or other crypto coins.
|The code for Diamond crypto currency is #DMD. |
Diamond is 8.8 years old.
|The current market capitalization for Diamond is $9,709,434.|
Diamond is ranking upwards to #548 out of all coins, by market cap (and other factors).
|There is a modest daily trading volume on #DMD.|
Today's 24-hour trading volume across all exchanges for Diamond is $22,901.
|The circulating supply of DMD is 3,302,497 coins, which is 100% of the total coin supply.|
A highlight of Diamond is it's limited supply of coins, as this tends to support higher prices due to supply and demand in the market.
|Note that there are multiple coins that share the code #DMD, and you can view them on our DMD disambiguation page.|
What You Should Know About Unique Diamonds Project
All thanks to the DMD diamond blockchain that support the host of third-party projects — through providing first industry advantages like dynamic block times, instant finality of transactions, instant final blocks, bigger and faster blocks, access to true random numbers unlike consensus of other blockchains, robust security, higher efficiency and cheaper transaction cost, far better than other blockchains in the industry. Unique Diamonds — the first third-party project to get launched on top of the DMD diamond blockchain. It features an NFT smith — to mint NFTs, an NFT Marketplace — where buyers and sellers could meet to change NFTs ownership and a DMD-themed NFT collector experience. The Unique Diamonds is a blockchain-based collector game with an exciting web user interface (a website), targeting crypto-affine and collector mindset audiences like you — who don’t mind having fascinating collector experiences. With Unique Diamonds, you can mint 24 unique diamonds (NFTs) per day with attributes that are randomly calculated. You can cut the NFTs using the cutter, engrave the NFTs, lend/rent the mine, and lend/rent the cutter. It also has well-balanced game mechanics that are immutable, no registered users, and open source smart contract codes visible on GitHub. However, some marketplace and front-end codes are closed source, hence, includes activities that exist outside the blockchain. — Ov...
️ DMD Diamond Blockchain DAO — A Glad Tiding To Third Party Projects And Our Members✨✨
🗣️ DMD Diamond Blockchain DAO — A Glad Tiding To Third Party Projects And Our Members✨✨ - As we keep emphasizing, DMD diamond blockchain DAO would revolutionize our structure and function regarding DMD diamond blockchain operations, when it comes into function. Following its release with the upcoming v4.1 upgrade, members of our DAO would have the sole wherewithal to approve funding for third-party projects, from the funds managed by the DAO. However, terms and conditions apply. For third parties to secure funding approval for their projects, it’s expected of them to request funding through a proposal, and most importantly provide reasons to our DAO on how their project use-cases could add value to our ecosystem. Then, stakeholders or validator node operators of our ecosystem would take the bull by the horn, deliberate on your request, and look carefully at what your use-cases mean to the DMD diamond blockchain. If all things go the right way, our DAO member’s votes would go in your favor, and hence, you get to benefit from the pull of our funds and support.DMD Diamond Blockchain DAO Therefore, we present to you an ecosystem — an investment DAO where you the members determine when and where our funds are invested in. Unlike the traditional financial system that powers a relatively smaller unit of intermediaries that has funding, here at the DMD diamond blockchain, we power every member of our DAO that...
Multi-chain Approach by DMD Diamond Blockchain
One of the key use cases of the DMD diamond blockchain is interoperability across chains. As we do emphasize, DMDv4 features interoperability and cross-chain bridges that provide users access to transfer data and assets across chains, secured and faster. It uses third-party layer 2 interoperability solutions that support decentralized finance applications and others, supporting smart contract functionalities. However, with the surges in blockchain adoption — from the government to business owners to institutional sectors, and to personalities who are enthusiastic about the evolving space, a multi-chain approach is, therefore, a scalable solution to curtail the consequences of highly congested blockchain networks. Part of our interoperability and sustainability effort here at DMD diamond blockchain is through the multi-chain approach. A multichain approach interconnects several blockchains together with the sole aim of boosting the usability experience, enhancing efficiency, and giving room for blockchain’s wider adoption. Hence, at DMD diamond blockchain, we are working to be part of Panto’s network of supported coins to reach our multi-chain target. Pantos allows existing and upcoming tokens to be deployed on multiple blockchain networks — providing users with the wherewithal to select the best favorable blockchain for their digital assets. Furthermore, our chief visionary officer at DMD diamond blockchain ...
Does the DMD Diamond Blockchain Solve the Issue of Double-Spending?
Double spending is one of the risks seen with Cryptocurrencies, and the DMD diamond coin isn’t an exception. It happens when a blockchain network is attacked, or altered, and users can then reclaim their spent coins. Most often than not, coins used to double-spend are stolen from wallets with inadequate security. 51% attack is the most commonly cited attack associated with double-spending. Therefore, double spending is dependent on the security and the mechanism of the blockchain involved. Before double spending can occur, a secret block must be mined that outpaced the creation of the real blockchain. A new chain would then be introduced to the network. Once the network recognizes it as the latest set of blocks and then add it to the chain, the attacker would have access to reclaim any cryptocurrency they had spent and re-use it again. To the question, “Does the DMD diamond blockchain solves the potential issue of double-spending that could be seen with the DMD diamond coin? Of course, it does! — by way of its unique mechanism and robust security. DMD diamond blockchain operates on DPoS and HBBFT consensus algorithms. HBBFT consensus offers a shield from attackers by using a super secure ⅔+1 majority — the industry’s first solution. This fosters DMD diamond blockchain reliability by helping to detect and eliminate malicious nodes, including the possibility of an orphan block or hard fork in the blockchai...
Does The DMD Diamond Blockchain Support Autonomy With DMD DIAMOND Coin holders?
DMD diamond blockchain is a community-driven project with zero premine or ICO sales. It’s a decentralised autonomous organisation (DAO), and only members of DMD diamond blockchain community (the miners, validators, liquidity providers) are with the sole authority to make decisions, pull resources, and define the course of the project. To the question — Does the DMD diamond blockchain support Autonomy with coin holders? Yes it does! DMD diamond blockchain combines HBBFT (Honey Badger Byzantine Fault Tolerant) consensus algorithm with a delegated Proof of Stake (dPOS) node election decentralization mechanic (POSDAO). It’s the POSDAO that makes the DMD diamond blockchain truly decentralized, thus, allowing for random rotation of power, staking by different validators, and fair distribution of rewards among active community participants — both the validators and stakers. DMD diamond coin holders (irrespective of either a validator or staker) have the sole wherewithal to vote, define marketing and funding strategies, and every other efforts toward the success of the project. They can take part in governance and staking mechanisms without even running a full node. ⠀ This is responsible for the robust security and stability of the blockchain, and serving as a go-to alternative to other existing blockchains. Learn more — bit.diamon
Dmd Diamond — a High-performance Blockchain That Operates In A Climate-friendly Way
DMD DIAMOND — A HIGH-PERFORMANCE BLOCKCHAIN THAT OPERATES IN A CLIMATE-FRIENDLY WAY - Earlier blockchains are known with the Proof of Work consensus algorithm. Examples of such blockchains include Bitcoin, Litecoin, Dogecoin and other blockchains with their respective cryptocurrencies. Such blockchains require energy-intensive hardware and endless electricity fees to complete the mathematical computations associated with crypto mining. Digiconomist estimated that the Bitcoin network is responsible for producing about 114 million tons of carbon dioxide per year. Ethereum mining on the other hand generates above 62.9 million tons of carbon dioxide emissions. However, surges above normal in atmospheric carbon dioxide are responsible for about two-thirds of the total energy imbalances leading to Earth’s temperature rise. Hence the need to prevent global warming can’t be overemphasized. That’s where the DMD diamond blockchain comes into play — a blockchain that is committed to sustainability. It provides network users with an ecosystem with lightweight software and climate-friendly protocols. DMD diamond blockchain does not require expensive hardware and endlessly payment of electricity bills. What it does is reward network participants that take part in securing the network with DMD Coin. This doesn’t only protect the environment (through reducing carbon footprint), but also significantly reduces energy consum...
DMD Diamond’s solutions to the crypto market problems
While developing DMDv4, we aimed to tackle several of the most pressing blockchain challenges, from the excessive use of energy to lost coins. The result is an elegantly balanced framework that is fair, efficient and decentralized. PoS centralization Blockchains constantly have to balance efficiency and decentralization. Having thousands of validators who all have to come to agreement does make it difficult to attack a network, but it also creates huge overhead costs and bottlenecks. Having very few validators allows to process transactions much faster, but the network can end up under the control of a small group of stakeholders. Binance Smart Chain is a good example: its 21 validators are all selected by the tiny board of 11 Binance Chain validators. It’s likely that all those 21 node operators are connected to the exchange in one way or another, making BSC highly centralized. By contrast, DMDv4 will have a pool of max 438 candidates (likely between 50 and 75), out of which 25 will be selected every 12 hours. The network uses dPoS-based node election mechanics, and the validators share up to 70% of the rewards with their delegators. Most importantly, since no more than 50,000 DMD can be staked on a single validator, a single node will not be able to concentrate too much power. Inefficient voting Many Ethereum-based projects, especially in the DeFi space, have tested the DAO model, where users vote using tokens. While the ...
DMD solutions vs. green or HDD mining
The blockchain industry is racing against time to find a solution to the resource waste challenge. While Bitcoin miners are targeting renewables, Chia is promoting so-called HDD mining (which can fry your hard drive). But DMDv4 goes further with its unique cooperative consensus model. Environmentally-friendly Bitcoin mining doesn’t solve the key problem Back in May, when Elon Musk announced that Tesla wouldn’t accept Bitcoin anymore, the price of BTC crashed. Musk’s reasoning: Bitcoin mining consumes too much energy, increasing the consumption of fossil fuels. Some time later, he met with a few prominent North American miners, who later formed the self-styled Bitcoin Mining Council to promote renewable energy use. Musk tweeted that the initiative was ‘promising’, causing a BTC price rise. In early July, the Council reported that the use of green energy in BTC mining increased from 36.8% in Q1 2021 to 56% in Q2. In particular, the energy trading firm Mercuria is now supplying BTC miners with renewable energy. All this sounds very optimistic, but the talk about solar or wind energy detracts attention from the main problem: Proof-of-Work mining is incredibly energy-intensive, whichever type of energy one uses. With renewables, we can reduce the CO2 emissions and push away the moment when oil and gas are depleted. But there is no way to make mining use less electricity. Of course, it’s the very nature of PoW that ma...
Competition in honor of the 8th anniversary of DMD Diamond!
Our platform has been working for 8 years on the blockchain market! As we all know, on a birthday there is a tradition to blow out candles and make wishes for the next year. We already have the main wish for next year, but there is no festive cake. We offer you to help us with this difficult task and we are launching a contest! To participate in the contest, any fan of the DMD Diamond project will be able to make a birthday cake for our project. There are main conditions: You should decorate your cake with the inscription “DMD Diamond”., There should be 8 lighted candles on the cake. The number “8” is also allowed as a separate candle., Before taking a picture, write your Twitter username/handle (manually) on a piece of paper and put it next to the cake., The photo should be clear and taken with good lighting., Post photos of your cake on our forum bit.diamonds or on our social media channels: Twitter, Telegram, Discord, or Slack., Add the hashtag #dmdcake and @dmdcoin to your tweets. Describe the composition of the cake and its taste! The deadline for the delivery of your masterpieces is on July 13. Contest results are on July 14. What prizes you will get: 🍰 1st place — 300 DMD 🍰 2nd place — 200 DMD 🍰 3rd place — 100 DMD Hurry up! There will be a lot of delicious cakes, and there are only 3 prizes! You can swap your 1st place $DMD money prize for one of those rare and unique 3o...
Looking at the features of the DMD Diamond blockchain from the user’s perspective
In our recent posts, we’ve focused on the technology behind DMDv4: the coin reinsertion mechanism, validation, delegation, block finality, and so forth. This time we’ll take a more user-centric approach and see what opportunities DMDv4 will give you as a user or developer. Become a validator and earn DMD DMDv4 validators confirm transactions and add new blocks to the blockchain. In return, they receive rewards in DMD. At the start of every epoch (12 hours), the system picks 25 validators out of the pool of candidates. To become a candidate, you’ll need to stake at least 10,000 DMD — a much smaller amount than what’s needed to become an Eth 2.0 validator, for example. Stake coins on a candidate and earn more DMD Don’t have 10,000 DMD lying around or the technical expertise to run a node? No problem. Any DMDv4 holder will be able to stake (delegate) their coins on a candidate of their choice and earn a share of the validation rewards. Up to 70% of the block rewards will go to the delegates. Note that no more than 50,000 DMD can be staked on a single node in order to prevent an excessive concentration of power. Vote on the future of the network The DMDv4 governance system allows all validator candidates to vote on system changes, upgrades, funding requests, etc. Submitting a proposal for a vote will be subject to a fee, and everyone will be able to participate in the discussion. Validator candidates will vote...
More Diamond (#DMD) News
|Bitcoin Diamond Hands: Long-Term Holder Supply Surges Up To Near ATH
Data shows the Bitcoin long-term holder supply has surged up recently to near all-time high values as these 'diamond hands' add to their holdings.
Bitcoin Long-Term Holder Supply Jumps Up By 250k BTC After The Recent Low
According to the latest weekly report from Glassnode, the current total balances of the long-term holders is only 30k away from the ATH.
The 'long-term holders' (or LTHs in short) is a Bitcoin holder group that includes all those investors who have been holding onto their coins since at least 155 days ago, without having sold or moved them.
Generally, the longer holders keep their BTC still, the less likely they become to sell them. Because of this, LTHs are the less likely investor group to sell at any point.
The opposite cohort is the 'short-term holders' (STHs), who have had their coins in their wallets for less than the 155-day mark.
Now, the 'LTH supply' is a measure of the total number of coins currently sitting in the wallets of the investors belonging to this group.
When the STH supply matures enough and reaches the threshold, these coins are then naturally included in the LTH supply.
Here is a chart that shows the trend in the Bitcoin LTH supply over the past couple of years:
Looks like the value of the metric has been going up in recent days | Source: Glassnode's The Week Onchain - Week 36, 2022
As you can see in the above graph, the Bitcoin LTH supply had been on a decline since the ATH and hit a low just a while back.
However, during the last fe...
|Top Diamond Producer De Beers Deploys Blockchain-Based Platform at Scale
De Beers, one of the leading diamond-producing companies globally, recently announced the deployment of its blockchain-based diamond source platform at scale. The platform will 'enable the provision of provenance information from source to Sightholder to store on a secure blockchain.'Immutable Record of a Diamond's Provenance
One of the world's top diamond miners, De Beers, recently said it had deployed a blockchain-based diamond source platform at scale. The platform, which is known as Tracr, gives the so-called sightholders the ability 'to provide an immutable record of a diamond's provenance, and [empowers] jewellery retailers to have confidence in the origin of the diamonds they purchase.'
The launch of the platform at scale comes nearly four years after De Beers launched the R&D phase, a statement released by the company said. The launch also comes in a year when the company has already 'registered one-quarter of its production by value on TracrTM in the first three sights of the year in preparation for this first scale release.'
In a statement, Bruce Cleaver, the CEO of De Beers Group, spoke of how the blockchain enhanced confidence in an industry that has been accused of not doing enough to stem the flow of illicit diamonds.
'TracrTM, which will enable the provision of provenance information from source to Sightholder to store on a secure blockchain, will underpin confidence in natural diamonds and represents the first step in a technological transformation that will e...
|World's Largest Cut Diamond Bought for $4.3 Million in Cryptocurre...
“The Enigma” – a billion-year-old black diamond considered to be the largest cut in the world – was sold for a whopping $4.3 million worth of digital assets. The owner of the jewelry is now the American entrepreneur Richard Heart who renamed it the “HEX.com diamond” after his blockchain organization.
Sotheby’s Diamond Bought for Millions in Crypto
Earlier this year, the leading marketplace for art and luxury – Sotheby’s – announced it will host an auction for a rare 555.55-carat diamond that can be sold for cryptocurrencies. The jewelry was displayed in London between February 2 and February 9, where Richard Heart – a social entrepreneur, author, and philanthropist – purchased it for $4.3 million worth of digital assets.
The American is a cryptocurrency veteran as he is the creator of the blockchain company HEX. In a recent tweet, the 42-year-old informed that the jewelry will bear the name of his entity – “HEX.com diamond.” However, he did not reveal the type of cryptocurrencies he used.
I won the world's largest cut diamond for our #HEXican cultural heritage! It'll be called the https://t.co/mLZsmWqXG0 diamond, it weighs 555.55 carats and has 55 facets. Congratulations to all you #HEXicans with #5555 club https://t.co/mLZsmWqXG0 tattoos. Let's all win together! pic.twitter.com/37mfTGbzMe
— Richard Heart ETH FORK PulseChain.com,PulseX.com!? (@RichardHeartWin) February 9, 2022
|Bitcoin Diamond Hands: Despite Recent Fear, Coins Aged 12-18 Months Rise...
Despite the recent fearful market, Bitcoin hodlers show diamond hands as coins aged 12-18 months touch a 2-year high.
Coins Matured To 12-18 Months Revisit A High Not Seen Since 2 Years
As pointed out by an analyst in a CryptoQuant post, BTC hodlers have held strong recently as coins aged 12-18 months have seen a sharp spike recently.
The relevant on-chain indicator here is the Bitcoin Sum Coin Age (SCA) Distribution that shows the distribution of coins among the different holders in the market.
The metric works by looking at each coin on the chain and measuring how many days it has been since it was last moved. Based on the age, these coins are put into different categories.
For instance, if a coin has been sitting still since 12-18 months ago, it is included in the 12-18 months holder group.
When the distribution of the long-term holders goes up, it means accumulation has been strong recently. Such a trend has usually been bullish for the price of Bitcoin as it shows a large number of holders refuse to sell at the current levels.
On the other hand, when coins belonging to short-term holders move up, it means some long-term holders have decided to sell. This trend may be bearish for the price of the crypto.
Related Reading | Bitcoin Millionaires Are Flocking To This North American Tax Haven. But What Do The Locals Think?
Now, here is a chart that shows the trend in the supply of coins that have matured to 12-18 months (one of the long-term holder groups):
Looks like th...
|Sotheby's to Accept Crypto for a 555-Carat Black Diamond (Report)
Half a year after a diamond was paid for with cryptocurrencies, Sotheby’s will host another auction for a rare 555.55-carat diamond that can be sold for digital assets.
According to a recent Forbes report, the diamond in question is set to be the largest ever to appear at an auction this February.
It’s a rare black diamond that has “never been publicly displayed or sold and has been held in the same collection for more than 20 years.”
It’s called “The Enigma” and will be offered without reserve – meaning that it will go to the highest bidder without a cap on the maximum price.
The giant auction house Sotheby’s estimated that it could go for up to $7 million. Interestingly, the buyer can opt to pay with cryptocurrencies during the auction.
The coverage further informed that the Guinness Book of World Records called “The Enigma” the largest cut diamond in the world. The Gemological Institute of America and Gübelin, on the other hand, said it’s the largest fancy black natural color diamond.
Ahead of the auction, which starts on February 3rd, the diamond will be shown for the first time in Dubai, Los Angeles, and London.
It’s worth noting that Sotheby’s already sold a massive diamond for cryptocurrencies. As reported in July last year, an undisclosed buyer paid $12 million for one.
Separately, the auction house invested $20 million in an NFT studio called Mojito.