DMD Diamond is a blockchain project that was founded in 2013. It is powered by a PoS (Proof-of-Stacking) consensus mechanism and is considered one of the oldest projects in the cryptocurrency market.

DMD Diamond is one of the oldest projects in the cryptocurrency market and the first blockchain to implement a cooperative consensus with a delegated PoS-powered validator election. Founded in 2013, DMD Diamond is constantly evolving and upgrading to new market conditions. Its 2021 upgrade, DMD v4, features true decentralization, on-chain governance, fast transaction times, low fees, low carbon footprint, security, interoperability, and smart contracts deployment. DMD v4 utilizes the world's first blockchain with a cooperative HBBFT consensus supplemented by a dPOS-based validator election. On top of that, DMD v4 is the first blockchain to implement a sustainable and endless reward mechanic with a low max finite supply of just 4.38 million coins.

DMD Diamond has a maximum supply of 4.38 million coins, with over 81% of them already in circulation, and the rest slowly powering node rewards for the upcoming decades.

DMD Diamond is one of the few blockchain projects governed solely by the community. The original creator of DMD disappeared a few months after its launch in 2013. Since then, a small team of developers and enthusiasts has maintained and evolved the code, adjusting the vision for the coin. The most active members in the DMD Diamond community currently are Aleksander Mesor, Helmut Siedl. Technical knowledge, code improvements, and development of v4 are handled by Thomas Haller, Dr. David Forstenlechner, and Dietmar Hofer.

DMD Diamond is available on exmarkets.com, crex24.com, and will soon be available on coinmargin.com. DMD Diamond was traded on Bittrex for years, and we are looking for it to be re-added to the platform after the v4 release.

DMDv4 is the first cooperative consensus blockchain with a delegated PoS-powered validator election, allowing for high speed and performance, absolute censorship resistance and fork resistance, instant finality of transactions, and other advantages that cannot be delivered by a competitive consensus. Additionally, it is a unique industry-first mechanism that reinserts abandoned and unclaimed coins into circulation.

DMDv4 is secured with HBBFT Honeybadger cooperative consensus and a dPOS-like node election protocol based on POSDAO (similar dPOS system to that which was used by xDAI blockchain). This combination is a true decentralized solution that follows the ideals of Satoshi Nakamoto.