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Topic: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] - page 21. (Read 40273 times)

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Credits & Primafelicitas Partnership

Credits

Credits is pleased to introduce our new fellow partner - Primafelicitas - a blockchain product development company that offers cutting-edge solutions to its clients and works forward enhance blockchain technologies.

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Productive business trip to Germany.

Credits CTO - Evgeny Butaev is discovering new horizons for adoption of blockchain technology.

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CREDITS(CS) coin is listed on CoinSwitch exchange. Coinswitch is an aggregator of exchanges, it supports many leading exchanges. Instead of Logging in at different exchanges, one can trade without login by comparing the prices at different exchanges. Also, No KYC is required to trade at this exchange.

Exchange BTC to Credits coin at the best rate.

Note that for buying CS it is adviced to use one of the acknowledged exchanges mentioned on the Credits exchanges page.

Credits traders mostly advice to trade CS at KuCoin at this moment.

Credits announced that later other, and larger, exchanges will follow.
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Credits & Applicature Partnership

Credits

Within days Credits Blockchain Platform has taken a decision to establish cooperative relations with Applicature and signed a cooperation agreement.

[...].

“Credits is a top-notch blockchain platform with a talented team. We plan to drive blockchain adoption and enhance competitive advantages for projects by building first-class solutions for the enterprise market and opening getaway to accelerated blockchain development”, - noted Applicature CEO Ian Ihor Pidruchny.

newbie
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CREDITS(CS) coin is listed on CoinSwitch exchange. Coinswitch is an aggregator of exchanges, it supports many leading exchanges. Instead of Logging in at different exchanges, one can trade without login by comparing the prices at different exchanges. Also, No KYC is required to trade at this exchange.

Exchange BTC to Credits coin at the best rate.
member
Activity: 1148
Merit: 47
Well, but 50k TPS - this is far from 1 mln. And how they want to increase up to 1 mln TPS? Via sharding? Are they going to have sharding?
Which type of nodes they have? POS or DPOS  and how much estimated ROI?

The 50K TPS is the minimum. Credits doesn't do sharding. With the increase of running nodes the capacity is also increased.

The consensus mechanisme used by Credits is based upon DPoS and BFT. You can read here more about the Credits consensus mechanism.

Is your question about the estimated ROI related to the ICO price and present price? 1 CS was 0.19 USD. The price on KuCoin is now around 0.06 USD.
full member
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They promised 1 mln TPS since ICO. But in testnet they had much less. And in mainnet even more less. So this is the reason may be. They didnt provide real promises...

This is not fully true. During the internal load test they reached an average of 130K TPS with a peak of 1.3M TPS.

At the launch of their mainnet they promised an initial 50K TPS. This adjustment downwards has to do with not many people running nodes yet. With expansion of the nodes network the TPS can be scaled up to the promised million TPS.

Over the course of the meeting Credits team together with IBM, Hyperledger, Microsoft Azure, R3 Corda and Enterprise Ethereum Alliance were discussing the future perspectives of blockchain technology, tokenization and the opportunities for mass adoption of this new innovative technology.

Well, but 50k TPS - this is far from 1 mln. And how they want to increase up to 1 mln TPS? Via sharding? Are they going to have sharding?
Which type of nodes they have? POS or DPOS  and how much estimated ROI?
hero member
Activity: 918
Merit: 1001
Well, I am following their updates on telegram. I am also following their twitter and in general all their media accounts I don't see anything that justifies this downtrend so that is why I am trying to find a reason for such low demand for Credits.

I've been following Credits since their ICO. My thoughts are that Credits had a bad marketing start and suffered from the beginning from a strong fud campaign. Thus they didn't catch the hype that many other projects do catch. Their marketing is at this moment still not what the project deserves and perhaps there's still a little fud echoing. But as you can see from the news messages they are doing very well in developing the content of the project. In tech and partnerships they are doing very well. It just takes a little longer for the community to pick up that Credits is actually a grand project.

I am aware of the fud campaign but the price of credits already suffured a huge drop from ATH from that campaign and because of the bear market. My question was regarding the new ATL price when exists ongoing development and partnership news.


They promised 1 mln TPS since ICO. But in testnet they had much less. And in mainnet even more less. So this is the reason may be. They didnt provide real promises...

As I see they took part in Consensus conferense. But I didnt understand: did they take part as speakers or as usual members only?

Like the guy in the post above said, they have reached more than 1 mil transactions per second in the internal load test.

They have a consensus conference report here: https://medium.com/@credits/credits-team-at-consensus-2019-report-bd778e9b1f45
member
Activity: 1148
Merit: 47
They promised 1 mln TPS since ICO. But in testnet they had much less. And in mainnet even more less. So this is the reason may be. They didnt provide real promises...

This is not fully true. During the internal load test they reached an average of 130K TPS with a peak of 1.3M TPS.

At the launch of their mainnet they promised an initial 50K TPS. This adjustment downwards has to do with not many people running nodes yet. With expansion of the nodes network the TPS can be scaled up to the promised million TPS.

Over the course of the meeting Credits team together with IBM, Hyperledger, Microsoft Azure, R3 Corda and Enterprise Ethereum Alliance were discussing the future perspectives of blockchain technology, tokenization and the opportunities for mass adoption of this new innovative technology.
full member
Activity: 1162
Merit: 101

Well, I am following their updates on telegram. I am also following their twitter and in general all their media accounts I don't see anything that justifies this downtrend so that is why I am trying to find a reason for such low demand for Credits.

They promised 1 mln TPS since ICO. But in testnet they had much less. And in mainnet even more less. So this is the reason may be. They didnt provide real promises...

As I see they took part in Consensus conferense. But I didnt understand: did they take part as speakers or as usual members only?
member
Activity: 1148
Merit: 47
Monthly Community Update #1

Credits - Igor Chugunov

Monthly Community Update #1 by Credits CEO & Founder - Igor Chugunov. Enjoy this amazing episode to the fullest and be aware of the next steps of Credits ecosystem development.

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Activity: 1148
Merit: 47
Credits & HyperionX Partnership

Credits

Credits welcomes a new partner HyperionX - the modern technology provider that allows people to get experience and take part in a technological environment.

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Lol no.

It’s just that the admins have stepped up their censorship program.

Watch how quickly they delete your post when you are slightly critical.

They will probably also delete this post.

Maybe I should follow the idiot admins suggestion and create some fake accounts to make people aware what a crappy project this is.

That's a good example of the fud echoing I was posting about in my previous post. As all echo's it will eventually die out. Credits as a marvelous blockchain project though is here to stay.
member
Activity: 1148
Merit: 47
Well, I am following their updates on telegram. I am also following their twitter and in general all their media accounts I don't see anything that justifies this downtrend so that is why I am trying to find a reason for such low demand for Credits.

I've been following Credits since their ICO. My thoughts are that Credits had a bad marketing start and suffered from the beginning from a strong fud campaign. Thus they didn't catch the hype that many other projects do catch. Their marketing is at this moment still not what the project deserves and perhaps there's still a little fud echoing. But as you can see from the news messages they are doing very well in developing the content of the project. In tech and partnerships they are doing very well. It just takes a little longer for the community to pick up that Credits is actually a grand project.
member
Activity: 560
Merit: 10
Well, I am following their updates on telegram. I am also following their twitter and in general all their media accounts I don't see anything that justifies this downtrend so that is why I am trying to find a reason for such low demand for Credits.
then its a great thing if you always follow their updates and news on their social media so you can know the movement of the credits project.
hero member
Activity: 918
Merit: 1001
Credits must be one of the few blockchain projects with a mainnet that is active on github, constantly giving updates, establishing partnerships and is trading on all time lows. It's hard to understand this market sometimes.
Are there any negative news that I am not aware of?

I think, if there were any negative news here, then we would have found out. usually, if something bad happens, it is actively discussed in the topic. so, I think, that at the moment is everything alright

Well, I am following their updates on telegram. I am also following their twitter and in general all their media accounts I don't see anything that justifies this downtrend so that is why I am trying to find a reason for such low demand for Credits.
full member
Activity: 686
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
Credits must be one of the few blockchain projects with a mainnet that is active on github, constantly giving updates, establishing partnerships and is trading on all time lows. It's hard to understand this market sometimes.
Are there any negative news that I am not aware of?

I think, if there were any negative news here, then we would have found out. usually, if something bad happens, it is actively discussed in the topic. so, I think, that at the moment is everything alright
hero member
Activity: 918
Merit: 1001
Credits must be one of the few blockchain projects with a mainnet that is active on github, constantly giving updates, establishing partnerships and is trading on all time lows. It's hard to understand this market sometimes.
Are there any negative news that I am not aware of?
member
Activity: 1148
Merit: 47
Credits & Vgosh Info Partnership

Credits

Credits is glad to announce our new partnership with Vgosh Info - one of the leading software developer in Chennai with its unique software products.

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Activity: 1148
Merit: 47
Consensus 2019 Report

Credits

Over the course of the meeting Credits team together with IBM, Hyperledger, Microsoft Azure, R3 Corda and Enterprise Ethereum Alliance were discussing the future perspectives of blockchain technology, tokenization and the opportunities for mass adoption of this new innovative technology.

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