DMD is among the oldest cryptocurrency platforms and the earliest blockchain networks to use a collective consensus that incorporates delegated PoS powered validator election. The project was established in 2013, and it has constantly evolved by upgrading to the latest market conditions. The latest upgrade made in 2021 presents elements of a realistic decentralization network of on-chain management, quick transaction times, affordable fees, a smaller carbon footprint, incorporation of smart contracts, safety, and interoperability. DMD v4 uses an innovative blockchain that includes collective HBBFT consensus built on a dPOS-system validator election. In addition, Diamond is the earliest blockchain to incorporate a durable and limitless reward mechanic that has a low maximum supply of about 4.38 million digital tokens.