Diamond (DMD) is a digital currency that can safely and close to zero cost by facilitating the transfer of value anywhere in the world, without the need for a centralized third party. This modern era creates sustainable economic opportunities for all with its network protocols, infrastructure and services reward monetary systems.

Project Introduction

Diamond(DMD) digital currency allows people to send funds instantly, securely, and near-zero cost anywhere in the world. Diamond focuses on creating a multi-enterprise, high-return monetary system that empowers people with the ability to achieve financial freedom through blockchain-based technology. DMD Diamond aims to be an ultra-scarce non-government controlled wealth storage, with its software facilities that can increase wealth over time.

Project Highlights

Proof of Stake 3.0

DMD Diamond 3.0 adopts Proof-of-Stake 3.0, solving many basic problems of Proof-of-Stake used in DMD Diamond 2.0, giving users the ability to participate in network competition, where the main prize is the privilege of signing transactions, and the winner will receive a reward of new coins. The more intense the competition in the Internet, the safer the network is. Proof-of-of-Stake 3.0 solves 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

DMD Diamond network consists of full nodes running as servers to facilitate the transmission of connections and updates. A master node is a time-tested concept that was originally intended to prevent the reduction of the number of full nodes and to motivate people to keep full nodes.
Network operation, decentralization and expansion. Over the years, as the technology matures, the role of the master node has become increasingly important and can perform additional network services, exceeding what an ordinary full node can do. Diamond master node is a computer (a node) that runs a diamond wallet that is constantly connected to the diamond network and performs certain network responsibilities/services, thus earning network rewards.

To become a Diamond master node, the user needs to send 10,000 DMDs to the master node address and use them as collateral.

These coins will never leave the user's wallet and are only used to prove that the user has the right to become a diamond network service provider. Users can opt out of the Diamond Master Node Plan at any time and retain all coins. There are many benefits to joining the Diamond Master Node Program
Diamond master node plans, such as providing network stability and efficiency, but it also reduces currency volatility.

Project Vision

DMD Diamond was originally an inconspicuous cryptocurrency. It focuses on generating and storing wealth through built-in protocols. The DMD Diamond Foundation has developed Diamond Cloud Mining and Diamond Multi-Pool Services to further strengthen the DMD Diamond ecosystem and provide more access to 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 achieve rich technical achievements. Drive DMD Diamond will adopt the necessary industry standards to incorporate solutions and components that will benefit DMD Diamond's future. Any new feature that has been time-tested and will increase the value of the coin can and will be implemented.

To improve governance, DMD Diamond will use the master node voting system to decide whether to forward community proposals to the DMD Diamond Foundation. All suggestions with a turnout of more than 50% will be considered and included in the DMD Diamond roadmap.

At the same time, in order to further strengthen the status of DMD Diamond, the DMD Diamond Foundation is working with teams across the cryptocurrency industry to provide the next generation of financial tools. The work done by our partners will become more obvious and strengthen DMD Diamond’s strong position as part of the broader cryptocurrency ecosystem.