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Topic: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] - page 74. (Read 40276 times)

Uelairex
jr. member
Activity: 166
Merit: 2
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 07:09:21 PM
#1068
Quote from: branchun77 on October 18, 2018, 11:37:32 AM
Quote from: Dectonn on October 18, 2018, 09:21:30 AM
Quote from: 2n2-jvc on October 18, 2018, 04:40:49 AM
Quote from: Vasiliyolego on October 15, 2018, 05:45:42 AM
Quote from: 2n2-jvc on October 13, 2018, 04:44:24 AM
It seem that the only thing this scam project is able to do is doing closed testnet.

No wonder why each new days it dump deeper.



This progect is legit and i believe them. What they are doing is amazing! If it would be scam then what the sense to go around the world and represent their project in many conferences, find new partners and engaging auditors? By the way Lenovo and LeewayHertz have already partnered with them. These are two big companies with excellent reputation, just think about it. You should made research about Credits before doing baseless statements

Bitconnect did exactly the same, they made a lot of blockchain expo all other the world. This mean nothing. This is the job of a scam to look like legit. What kind of scam say openly that they are a scam Huh.....

And Lenovo never partnered with Credits. Credits just became a custommer of Lenovo-Ar blockchain (while Credits is supposed to have its own blockchain....). Don't fall into fake partnerships please....


You're entitled to your own opinion, but the team wouldn't have part of the funds locked until half of the tokens will be swapped for coins,  all team tokens locked until March 2019. I'm not even sure why you have time to come here and make these accusations, are you a troll or something?

LMAO Now this is  either FUD or you simply aren't educated enough to understand anything. Lenovo AR\AI doesn't have its own blockchain, they're engaged in completely different field, which is one of the first AR-solutions providers. Hopefully, you're educated enough to know that AR means Augmented reality.
announcement from CREDITS
Publication from Lenovo #1
Publication from Lenovo #2

Next time educate yourself, please

Leave him alone, he looks like a kid, I haven't heard any constructive arguments, so why do we have to persuade him?

Kids these days... Branding anything  they think is impossible to achieve and without doing proper research a scam... They should put this energy into something constructive and creative and not be a hero on the Internet saying something is a scam without any proof... It's just sad...
Uelairex
jr. member
Activity: 166
Merit: 2
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 06:50:08 PM
#1067
Quote from: branchun77 on October 18, 2018, 02:44:32 PM
Quote from: pyce on October 18, 2018, 02:43:05 PM
Are programmers planning signal server remove?

They are planning to do that before phase 3, anyway its use don't have much impact on the network decentralization.

I've heard they added an alternative to signal server in the current release, like connect through other nodes IP or something, is it true? I'm not a tech guy so me testing the platform for myself won't really tell me anything, I'm not even sure I'll be able to install it properly lmao
branchun77
member
Activity: 280
Merit: 10
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 02:49:49 PM
#1066
Quote from: pyce on October 18, 2018, 02:47:24 PM
Quote from: branchun77 on October 18, 2018, 02:44:32 PM
Quote from: pyce on October 18, 2018, 02:43:05 PM
Are programmers planning signal server remove?

They are planning to do that before phase 3, anyway its use don't have much impact on the network decentralization.

Thanks for your help. Keep your time. are there any resorces where I can read more about this

Subscribe their announcement channel or try to find test report on their website, it will open entire clear vision for you. Good luck!
pyce
member
Activity: 266
Merit: 10
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 02:47:24 PM
#1065
Quote from: branchun77 on October 18, 2018, 02:44:32 PM
Quote from: pyce on October 18, 2018, 02:43:05 PM
Are programmers planning signal server remove?

They are planning to do that before phase 3, anyway its use don't have much impact on the network decentralization.

Thanks for your help. Keep your time. are there any resorces where I can read more about this
branchun77
member
Activity: 280
Merit: 10
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 02:44:32 PM
#1064
Quote from: pyce on October 18, 2018, 02:43:05 PM
Are programmers planning signal server remove?

They are planning to do that before phase 3, anyway its use don't have much impact on the network decentralization.
pyce
member
Activity: 266
Merit: 10
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 02:43:05 PM
#1063
Are programmers planning signal server remove?
branchun77
member
Activity: 280
Merit: 10
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 02:37:37 PM
#1062
Quote from: pyce on October 18, 2018, 02:36:38 PM
Quote from: branchun77 on October 18, 2018, 02:31:09 PM
Quote from: pyce on October 18, 2018, 02:30:28 PM
Quote from: branchun77 on October 18, 2018, 02:28:48 PM
Quote from: pyce on October 18, 2018, 02:25:24 PM
Quote from: branchun77 on October 18, 2018, 02:23:47 PM
Quote from: pyce on October 18, 2018, 02:19:14 PM
So how many nodes were used for first stage of platform test? And what was the general purpose of this ?
They were using 32 nodes distributed over the world. As I understand it was carried out for platform features test like scalability, resources

Were they using some transactions generators for this? How did it work?

They had added special code to network node, they had been using 5 virtual machines finally.Transaction goes directly from node to network.
What countries were they located?

Canada, Germany, Australia, Poland, Latvia

What is an aver number of processed transactions per block?

approximately 80k per block, but it's better to ask admins for accurate figures
pyce
member
Activity: 266
Merit: 10
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 02:36:38 PM
#1061
Quote from: branchun77 on October 18, 2018, 02:31:09 PM
Quote from: pyce on October 18, 2018, 02:30:28 PM
Quote from: branchun77 on October 18, 2018, 02:28:48 PM
Quote from: pyce on October 18, 2018, 02:25:24 PM
Quote from: branchun77 on October 18, 2018, 02:23:47 PM
Quote from: pyce on October 18, 2018, 02:19:14 PM
So how many nodes were used for first stage of platform test? And what was the general purpose of this ?
They were using 32 nodes distributed over the world. As I understand it was carried out for platform features test like scalability, resources

Were they using some transactions generators for this? How did it work?

They had added special code to network node, they had been using 5 virtual machines finally.Transaction goes directly from node to network.
What countries were they located?

Canada, Germany, Australia, Poland, Latvia

What is an aver number of processed transactions per block?
branchun77
member
Activity: 280
Merit: 10
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 02:31:09 PM
#1060
Quote from: pyce on October 18, 2018, 02:30:28 PM
Quote from: branchun77 on October 18, 2018, 02:28:48 PM
Quote from: pyce on October 18, 2018, 02:25:24 PM
Quote from: branchun77 on October 18, 2018, 02:23:47 PM
Quote from: pyce on October 18, 2018, 02:19:14 PM
So how many nodes were used for first stage of platform test? And what was the general purpose of this ?
They were using 32 nodes distributed over the world. As I understand it was carried out for platform features test like scalability, resources

Were they using some transactions generators for this? How did it work?

They had added special code to network node, they had been using 5 virtual machines finally.Transaction goes directly from node to network.
What countries were they located?

Canada, Germany, Australia, Poland, Latvia
pyce
member
Activity: 266
Merit: 10
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 02:30:28 PM
#1059
Quote from: branchun77 on October 18, 2018, 02:28:48 PM
Quote from: pyce on October 18, 2018, 02:25:24 PM
Quote from: branchun77 on October 18, 2018, 02:23:47 PM
Quote from: pyce on October 18, 2018, 02:19:14 PM
So how many nodes were used for first stage of platform test? And what was the general purpose of this ?
They were using 32 nodes distributed over the world. As I understand it was carried out for platform features test like scalability, resources

Were they using some transactions generators for this? How did it work?

They had added special code to network node, they had been using 5 virtual machines finally.Transaction goes directly from node to network.
What countries were they located?
branchun77
member
Activity: 280
Merit: 10
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 02:28:48 PM
#1058
Quote from: pyce on October 18, 2018, 02:25:24 PM
Quote from: branchun77 on October 18, 2018, 02:23:47 PM
Quote from: pyce on October 18, 2018, 02:19:14 PM
So how many nodes were used for first stage of platform test? And what was the general purpose of this ?
They were using 32 nodes distributed over the world. As I understand it was carried out for platform features test like scalability, resources

Were they using some transactions generators for this? How did it work?

They had added special code to network node, they had been using 5 virtual machines finally.Transaction goes directly from node to network.
pyce
member
Activity: 266
Merit: 10
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 02:25:24 PM
#1057
Quote from: branchun77 on October 18, 2018, 02:23:47 PM
Quote from: pyce on October 18, 2018, 02:19:14 PM
So how many nodes were used for first stage of platform test? And what was the general purpose of this ?
They were using 32 nodes distributed over the world. As I understand it was carried out for platform features test like scalability, resources

Were they using some transactions generators for this? How did it work?
branchun77
member
Activity: 280
Merit: 10
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 02:23:47 PM
#1056
Quote from: pyce on October 18, 2018, 02:19:14 PM
So how many nodes were used for first stage of platform test? And what was the general purpose of this ?
They were using 32 nodes distributed over the world. As I understand it was carried out for platform features test like scalability, resources
pyce
member
Activity: 266
Merit: 10
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 02:19:14 PM
#1055
So how many nodes were used for first stage of platform test? And what was the general purpose of this ?
pyce
member
Activity: 266
Merit: 10
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 02:13:34 PM
#1054
Trading on Bitfinex has happened. USD/ETH pairs are available, that's wonderful move to get this exchange for long term. Thanks team
branchun77
member
Activity: 280
Merit: 10
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 11:37:32 AM
#1053
Quote from: Dectonn on October 18, 2018, 09:21:30 AM
Quote from: 2n2-jvc on October 18, 2018, 04:40:49 AM
Quote from: Vasiliyolego on October 15, 2018, 05:45:42 AM
Quote from: 2n2-jvc on October 13, 2018, 04:44:24 AM
It seem that the only thing this scam project is able to do is doing closed testnet.

No wonder why each new days it dump deeper.



This progect is legit and i believe them. What they are doing is amazing! If it would be scam then what the sense to go around the world and represent their project in many conferences, find new partners and engaging auditors? By the way Lenovo and LeewayHertz have already partnered with them. These are two big companies with excellent reputation, just think about it. You should made research about Credits before doing baseless statements

Bitconnect did exactly the same, they made a lot of blockchain expo all other the world. This mean nothing. This is the job of a scam to look like legit. What kind of scam say openly that they are a scam Huh.....

And Lenovo never partnered with Credits. Credits just became a custommer of Lenovo-Ar blockchain (while Credits is supposed to have its own blockchain....). Don't fall into fake partnerships please....


You're entitled to your own opinion, but the team wouldn't have part of the funds locked until half of the tokens will be swapped for coins,  all team tokens locked until March 2019. I'm not even sure why you have time to come here and make these accusations, are you a troll or something?

LMAO Now this is  either FUD or you simply aren't educated enough to understand anything. Lenovo AR\AI doesn't have its own blockchain, they're engaged in completely different field, which is one of the first AR-solutions providers. Hopefully, you're educated enough to know that AR means Augmented reality.
announcement from CREDITS
Publication from Lenovo #1
Publication from Lenovo #2

Next time educate yourself, please

Leave him alone, he looks like a kid, I haven't heard any constructive arguments, so why do we have to persuade him?
Dectonn
jr. member
Activity: 120
Merit: 1
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 09:26:40 AM
#1052
Quote from: alan2here on October 18, 2018, 07:42:59 AM
A nice day comes to this project. I have received the CS news listed at Bitfinex, Ethfinex and this may be the biggest news of the day. The value of the CS has grown tremendously from this information and this exchange will certainly make more people aware of this project. Right now you should invest before the CS price reaches $1 by the end of this year

Totally agree! Bitfinex\Ethinex listing is a good improvement, we haven't seen exchanges for some time, because the team decided not to waste our money to pay tremendous listing fee, though I'm glad they didn't pay it. These 2 exchanges will bring some good liquidity to CS, I'm sure of it, time to fill our bags:)
Dectonn
jr. member
Activity: 120
Merit: 1
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 09:21:30 AM
#1051
Quote from: 2n2-jvc on October 18, 2018, 04:40:49 AM
Quote from: Vasiliyolego on October 15, 2018, 05:45:42 AM
Quote from: 2n2-jvc on October 13, 2018, 04:44:24 AM
It seem that the only thing this scam project is able to do is doing closed testnet.

No wonder why each new days it dump deeper.



This progect is legit and i believe them. What they are doing is amazing! If it would be scam then what the sense to go around the world and represent their project in many conferences, find new partners and engaging auditors? By the way Lenovo and LeewayHertz have already partnered with them. These are two big companies with excellent reputation, just think about it. You should made research about Credits before doing baseless statements

Bitconnect did exactly the same, they made a lot of blockchain expo all other the world. This mean nothing. This is the job of a scam to look like legit. What kind of scam say openly that they are a scam Huh.....

And Lenovo never partnered with Credits. Credits just became a custommer of Lenovo-Ar blockchain (while Credits is supposed to have its own blockchain....). Don't fall into fake partnerships please....


You're entitled to your own opinion, but the team wouldn't have part of the funds locked until half of the tokens will be swapped for coins,  all team tokens locked until March 2019. I'm not even sure why you have time to come here and make these accusations, are you a troll or something?

LMAO Now this is  either FUD or you simply aren't educated enough to understand anything. Lenovo AR\AI doesn't have its own blockchain, they're engaged in completely different field, which is one of the first AR-solutions providers. Hopefully, you're educated enough to know that AR means Augmented reality.
announcement from CREDITS
Publication from Lenovo #1
Publication from Lenovo #2

Next time educate yourself, please
Alienable
newbie
Activity: 46
Merit: 0
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 09:07:22 AM
#1050
Quote from: Uelairex on October 18, 2018, 08:53:40 AM
Quote from: branchun77 on October 18, 2018, 03:28:41 AM
Quote from: pyce on October 18, 2018, 03:25:45 AM
Quote from: branchun77 on October 18, 2018, 03:20:11 AM
Quote from: Kotarastra on October 18, 2018, 02:00:01 AM
During the short live testing session, approximately 17 gigabytes of data were produced. How will this huge amount of data be handled later?

Due to team official answer blockchain data size is being optimized for transaction size and length. Additional storage gains will be made by utilizing data compression within the database. It is expected that the released product will have vastly better compression suitable for production situations and use of nodes.

Are you aware what data compression algorithms they are using?

Sure. They use Huffman Algorithm. You are able to find out more about their work on data comression in one of their articles, I attach the link below
https://medium.com/@credits/credits-data-82dd6c895779

Is it final now that you're using this algo? Aren't there more powerful algos than this one? I'd like to know your thoughts on that


Other algorithms exist, but also have their own advantages and disadvantages. The developers have chosen the best for our platform.
Uelairex
jr. member
Activity: 166
Merit: 2
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
October 18, 2018, 08:53:40 AM
#1049
Quote from: branchun77 on October 18, 2018, 03:28:41 AM
Quote from: pyce on October 18, 2018, 03:25:45 AM
Quote from: branchun77 on October 18, 2018, 03:20:11 AM
Quote from: Kotarastra on October 18, 2018, 02:00:01 AM
During the short live testing session, approximately 17 gigabytes of data were produced. How will this huge amount of data be handled later?

Due to team official answer blockchain data size is being optimized for transaction size and length. Additional storage gains will be made by utilizing data compression within the database. It is expected that the released product will have vastly better compression suitable for production situations and use of nodes.

Are you aware what data compression algorithms they are using?

Sure. They use Huffman Algorithm. You are able to find out more about their work on data comression in one of their articles, I attach the link below
https://medium.com/@credits/credits-data-82dd6c895779

Is it final now that you're using this algo? Aren't there more powerful algos than this one? I'd like to know your thoughts on that
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