[ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] - page 75.

Uelairex

jr. member

Activity: 166

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Quote from: Kotarastra on October 17, 2018, 02:02:03 AM

Quote from: Dectonn on October 16, 2018, 09:47:51 PM

Quote from: Silver_Wost on October 16, 2018, 05:18:54 PM

Quote from: 666#666 on October 16, 2018, 12:26:55 PM

Quote from: pyce on October 16, 2018, 09:34:57 AM

How many partners does CREDITS has at present time? How much of them are going to run ICO on CREDITS?

Last time i checked there were 100+ partners. i would like too see full list with names

Then maybe now there are many partners that are owned by CREDITS, I really hope that with more and more partners that can bring this project to success we see it continues to develop

LOL, why would any of those partners be owned by CREDITS? Don't you think that's just stupid to announce the partnership that could lead to you and cause FUD?

Yeah, I can't wait for more partners, heard there is some really big partner, bigger than even that Lenovo one.

I heard about it too. Cant wait for announcement... Do you have any thoughts who is that BIG partner?

Well, kind of hard to guess right now, but imo it should be bigger than Lenovo and in some way connected to IT sphere. Still, speculating won't help much right now, I look forward to that announcement.
Great things await us!

blackberry862

member

Activity: 91

Merit: 12

Solaris & ZeroCoin & txbit.io exchange ! Go !!!

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

Successful listings on big, top exchanges will help the CREDITS project at so many aspects, such as daily volume, momentum, and price, etc.
Bitfinex and Ethfinex will show their significant impacts on CREDITS liquidity next few weeks.
Waiting for the move of CREDITS, personally.

alan2here

hero member

Activity: 1778

Merit: 504

WorkAsPro

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

Karl Max

member

Activity: 378

Merit: 11

Head of Investor Relations Department Dmitriy Sheludko and Business Development Officer Kirill Mishanin representing Credits.com at NIKKEI xTECH EXPO

666#666

member

Activity: 462

Merit: 10

Quote from: Alienable on October 18, 2018, 05:26:47 AM

Quote from: 666#666 on October 18, 2018, 04:13:03 AM

Congratulations to Credits team with a victory on Ethfinex and Bitfinex voting!

Thanks for your support! Appreciate it

Quote from: Kotarastra on October 18, 2018, 04:24:21 AM

Quote from: 666#666 on October 18, 2018, 04:17:37 AM

When are you going to conduct the second phase of load test?

As i far as i know Credits developers are optimizing a new version of release which is under internal test now. I hope after new release will be ready, they will announce dates of external test

External Load Test or 2 stage of testing will happen during Q4. Exact date will be announced 1 or 2 weeks in advance.

Oh thank you, i am looking forward for it.

Alienable

newbie

Activity: 46

Merit: 0

Quote from: 666#666 on October 18, 2018, 04:13:03 AM

Congratulations to Credits team with a victory on Ethfinex and Bitfinex voting!

Thanks for your support! Appreciate it

Quote from: Kotarastra on October 18, 2018, 04:24:21 AM

Quote from: 666#666 on October 18, 2018, 04:17:37 AM

When are you going to conduct the second phase of load test?

As i far as i know Credits developers are optimizing a new version of release which is under internal test now. I hope after new release will be ready, they will announce dates of external test

External Load Test or 2 stage of testing will happen during Q4. Exact date will be announced 1 or 2 weeks in advance.

2n2-jvc

newbie

Activity: 25

Merit: 0

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....

Kotarastra

jr. member

Activity: 84

Merit: 2

Quote from: 666#666 on October 18, 2018, 04:17:37 AM

When are you going to conduct the second phase of load test?

As i far as i know Credits developers are optimizing a new version of release which is under internal test now. I hope after new release will be ready, they will announce dates of external test

666#666

member

Activity: 462

Merit: 10

When are you going to conduct the second phase of load test?

666#666

member

Activity: 462

Merit: 10

Congratulations to Credits team with a victory on Ethfinex and Bitfinex voting!

branchun77

member

Activity: 280

Merit: 10

Quote from: Notorious2000 on October 18, 2018, 04:03:06 AM

Quote from: branchun77 on October 18, 2018, 03:59:53 AM

Quote from: pyce on October 18, 2018, 03:57:37 AM

Quote from: branchun77 on October 18, 2018, 03:47:58 AM

Quote from: pyce on October 18, 2018, 03:40:37 AM

Hey team. How will constantly changing token rates affect the liquidity? Will this be profitable for partners to pay different fees or the fees rate is going to be fixed?

The main idea that that cost of fees and any operations referres to different types of fees will be set for 3 years, so I suppose companies will not be involved in any boundaries of discomfort and overpayments, partners will be able to carry out activities with fixed commissions.

Thanks for clarification. What about fees, they have mentioned that they are planning to charge low fees beginning with 0,001 usd, but it can be changed if I undertand this correctly. What factors are affect this amount of fees?

The amount of fees depends on the number of transactions in a round, the sender’s transaction activity, the number of trusted nodes in a round, and the physical transaction size. Personally not aware of some specific formula that they are planning to use for this. Hope it will be more clear in future.

you can find their formula here - https://medium.com/@credits/transactionreleasefee-af2950eb28bf

This question is clarified a quite clearly in this article.

Great, Thanks a lot.

Notorious2000

newbie

Activity: 11

Merit: 0

Quote from: branchun77 on October 18, 2018, 03:59:53 AM

Quote from: pyce on October 18, 2018, 03:57:37 AM

Quote from: branchun77 on October 18, 2018, 03:47:58 AM

Quote from: pyce on October 18, 2018, 03:40:37 AM

Hey team. How will constantly changing token rates affect the liquidity? Will this be profitable for partners to pay different fees or the fees rate is going to be fixed?

The main idea that that cost of fees and any operations referres to different types of fees will be set for 3 years, so I suppose companies will not be involved in any boundaries of discomfort and overpayments, partners will be able to carry out activities with fixed commissions.

Thanks for clarification. What about fees, they have mentioned that they are planning to charge low fees beginning with 0,001 usd, but it can be changed if I undertand this correctly. What factors are affect this amount of fees?

The amount of fees depends on the number of transactions in a round, the sender’s transaction activity, the number of trusted nodes in a round, and the physical transaction size. Personally not aware of some specific formula that they are planning to use for this. Hope it will be more clear in future.

you can find their formula here - https://medium.com/@credits/transactionreleasefee-af2950eb28bf

This question is clarified a quite clearly in this article.

branchun77

member

Activity: 280

Merit: 10

Quote from: pyce on October 18, 2018, 03:57:37 AM

Quote from: branchun77 on October 18, 2018, 03:47:58 AM

Quote from: pyce on October 18, 2018, 03:40:37 AM

Hey team. How will constantly changing token rates affect the liquidity? Will this be profitable for partners to pay different fees or the fees rate is going to be fixed?

The main idea that that cost of fees and any operations referres to different types of fees will be set for 3 years, so I suppose companies will not be involved in any boundaries of discomfort and overpayments, partners will be able to carry out activities with fixed commissions.

Thanks for clarification. What about fees, they have mentioned that they are planning to charge low fees beginning with 0,001 usd, but it can be changed if I undertand this correctly. What factors are affect this amount of fees?

The amount of fees depends on the number of transactions in a round, the sender’s transaction activity, the number of trusted nodes in a round, and the physical transaction size. Personally not aware of some specific formula that they are planning to use for this. Hope it will be more clear in future.

pyce

member

Activity: 266

Merit: 10

Quote from: branchun77 on October 18, 2018, 03:47:58 AM

Quote from: pyce on October 18, 2018, 03:40:37 AM

Hey team. How will constantly changing token rates affect the liquidity? Will this be profitable for partners to pay different fees or the fees rate is going to be fixed?

The main idea that that cost of fees and any operations referres to different types of fees will be set for 3 years, so I suppose companies will not be involved in any boundaries of discomfort and overpayments, partners will be able to carry out activities with fixed commissions.

Thanks for clarification. What about fees, they have mentioned that they are planning to charge low fees beginning with 0,001 usd, but it can be changed if I undertand this correctly. What factors are affect this amount of fees?

branchun77

member

Activity: 280

Merit: 10

Quote from: pyce on October 18, 2018, 03:40:37 AM

Hey team. How will constantly changing token rates affect the liquidity? Will this be profitable for partners to pay different fees or the fees rate is going to be fixed?

The main idea that that cost of fees and any operations referres to different types of fees will be set for 3 years, so I suppose companies will not be involved in any boundaries of discomfort and overpayments, partners will be able to carry out activities with fixed commissions.

branchun77

member

Activity: 280

Merit: 10

Quote from: Kotarastra on October 18, 2018, 03:38:09 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.

And do you know why were some blocks empty?

I feel that it is not bug or something else, they were trying to show real environment conditions, where it is possible to have time intervals without any transactions

pyce

member

Activity: 266

Merit: 10

Hey team. How will constantly changing token rates affect the liquidity? Will this be profitable for partners to pay different fees or the fees rate is going to be fixed?

Kotarastra

jr. member

Activity: 84

Merit: 2

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.

And do you know why were some blocks empty?

pyce

member

Activity: 266

Merit: 10

Quote from: Kotarastra on October 18, 2018, 01:56:34 AM

Quote from: Karl Max on October 17, 2018, 06:16:11 AM

Credits will be listed on Ethfinex and Bitfinex on Thursday, October 18th

CS/ETH
CS/USD

Congratulations to Credits team! We were waiting for good exchange for several months and our prayers have been answered

uh how long I have been waiting this. Finally CREDITS team hav shown their efficiency and ability to operate with opportunities. Nice job. Congrats.

branchun77

member

Activity: 280

Merit: 10

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

Topic: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] - page 75. (Read 40276 times)