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Topic: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] - page 99. (Read 40276 times)

sr. member
Activity: 406
Merit: 250
Credits claim that they use BFT for consensus. The most efficient size of BFT model is about 50~80 nodes. When the network is bigger than this number, TPS will decrease rapidly. Millions of tx/s?"
hero member
Activity: 827
Merit: 502
can you give me a timeframe of the token to coin swap is gonna happen for general investor's? I'm going to be travelling the next 2 week should I bring cold wallet with me?
member
Activity: 161
Merit: 10
what is the expected reward for launching a node? When can we transfer cs token to cs wallet?
hero member
Activity: 770
Merit: 500
I know the mainnet is coming are we going to need to swap tokens and if so how do we do that?
I guess the mainnet is available only to credits partners right now. Mainnet for public will be launched in q4 then there will be instructions for the token swap.  There is also going to be a TPS demonstration soon. That's what i read on their telegram.

Did they give any more details about TPS demo, is it going to happen this month? I was banned from telegram because I said it was unprofessional how they handled July 15th deadline, many people got fooled by that date and now big dumps are happening, many people are mad.
member
Activity: 532
Merit: 10
I know the mainnet is coming are we going to need to swap tokens and if so how do we do that?
I guess the mainnet is available only to credits partners right now. Mainnet for public will be launched in q4 then there will be instructions for the token swap.  There is also going to be a TPS demonstration soon. That's what i read on their telegram.
newbie
Activity: 5
Merit: 0
I know the mainnet is coming are we going to need to swap tokens and if so how do we do that?
jr. member
Activity: 308
Merit: 1
The reason of this dump?

Many people thought that July 15th is the mainnet release due to miscommunication from CS team, not only that mainnet was not released but also no word on tps progress, seems to be just at 40-50tps now...

Oh well, I took the discount anyway. My next buy is at 3,000 sats.
hero member
Activity: 770
Merit: 500
The reason of this dump?

Many people thought that July 15th is the mainnet release due to miscommunication from CS team, not only that mainnet was not released but also no word on tps progress, seems to be just at 40-50tps now...
jr. member
Activity: 308
Merit: 1
The reason of this dump?
member
Activity: 378
Merit: 11

Learn more about a new partner of Credits in Latvia
Link: https://credits.com/en/Home/New_Ins/4080
hero member
Activity: 1890
Merit: 824
Defend Bitcoin and its PoW: bitcoincleanup.com
Someone said on the you tube channel that credits is the same as hashgraph and we have to hurry up for the patent before them is this true ?
It is not true. CREDITS is based on blockchain technology (DLT) and hashgraph is blockchain alternative

Wouldn't be possible to hurry up anyway as when it comes to filing patents the only thing that counts is being first (assuming the patents compete with each other).
member
Activity: 378
Merit: 11


Credits Core Update. Key details of the latest technical developments over 5 months in this report
Link: https://credits.com/en/Home/New_Ins/4079
member
Activity: 378
Merit: 11


TestNet/MainNet release candidates were launched yesterday.
All the details here:
https://credits.com/en/Home/New_Ins/4078
sr. member
Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain
160 testers are waiting for the latest release. And today or tomorrow there will be a mainet release. Yesterday it was opted to add the 16th of July as possible backup to clear out. The partnership, communications are all being increased and this is certainly noticeable. I still believe in Credits and while people are always asking for time, please understand that the development team and the coder are working hard to keep pace. So everyone should calm down and encourage them
Instead of complaining about time, people should give them more opportunities to be able to develop their best foundation. Today CS prices have increased 12% and this is a very good sign that the release date will soon occur this month. I advise everyone and investors to be calm because I'm sure big news is coming
hero member
Activity: 770
Merit: 500
I thought I saw a date of July 15-16 somewhere for pre mainnet release? I didn't keep in touch with the project, was it postponed or something?
member
Activity: 378
Merit: 11


Credits and Rechained (Open Source University) are joining efforts to bring top blockchain technology to education industry
Link: Credits and Rechained (Open Source University) are joining efforts to bring top blockchain technology to education industry
full member
Activity: 448
Merit: 102
160 testers are waiting for the latest release. And today or tomorrow there will be a mainet release. Yesterday it was opted to add the 16th of July as possible backup to clear out. The partnership, communications are all being increased and this is certainly noticeable. I still believe in Credits and while people are always asking for time, please understand that the development team and the coder are working hard to keep pace. So everyone should calm down and encourage them
newbie
Activity: 6
Merit: 0
I have 1giga bite internet connection in my office. So I am so interested in having nodes. But I am worried though I set nodes, if number of nodes are getting growing as time goes on, the remuneration could be decreasesd. Do you have any policy of the limiting nodes?

I wouldn't look at running a Credits node as an income generating thing. Think of it as strengthening the network that will keep it fast and robust. Then the investment in your coins will show a return as they increase in value. I think the team has designed the system well. If nodes are scarce, you will be rewarded. If nodes are plentiful, the network is strong and your coins will grow in value as the system supports more and more activities.
member
Activity: 350
Merit: 10
Someone said on the you tube channel that credits is the same as hashgraph and we have to hurry up for the patent before them is this true ?
It is not true. CREDITS is based on blockchain technology (DLT) and hashgraph is blockchain alternative
member
Activity: 322
Merit: 10
Despite the fact that the launch of the network is already close, the token price is not growing. But I hope that the situation will change on July 15.
If the price does not rise after the launch of the network, then there is nothing wrong. I am sure that by the end of the summer we will see a significant increase in the price of the token.
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