Diamond Whitepaper

Abstract

What is DMD Diamond?
DMD Diamond is a digital currency that that allows people to send money anywhere in the
world instantly, securely and at near zero cost. It focuses on creating a multi entry, high
rewards monetary system that empowers people to achieve financial freedom through
blockchain based technology. DMD Diamond’s conceptual goal is to become an ultra-scarce
non-government controlled storage of wealth with software facilities that can increase that
wealth over time.

Emission Model
DMD Diamond Coin rollout is one of the cornerstones of this monetary system. The emission
model stays the same as in DMD Diamond 2.0, however, the introduced changes make the
emission of new coins smoother and avoid sudden large reductions in yearly interest.
In the past DMD Diamond relied on both Proof-of-Stake and Proof-of-Work algorithms to
govern the network. DMD Diamond 3.0 will be run by state of the art Proof-of-Stake only,
while Proof-of-Work is going to be removed completely.

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Diamond Whitepaper

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