Hello again crypto community,
Here is a more detailed plan of what Credit 2.0 should be like.
First things first. It will be implemented as an Ethereum token (smart contract) on Ethereum platform. The decision came to be because Creditbit wants to be more than just another cryptocurrency. It is planned to have some custom, decentralized functionalities, which befits the new era of blockchain technology.
We believe that the hearth of crypto is it’s community, so we will plan and develop the whole project with you guys in mind. In first phases of the project, we want to hear your voice and ideas about what we should implement and how to make this project great again.
Even in the development phase, we will constantly ask you guys what do you think and which features make sense and which do not.
When the project will be launched, interested participants will be shown how they can be a part of the development process and participate in future development.
At the moment our solution for Credit 2.0 will be comprised of 4 core entities.
Creditbit - An ERC20 compliant token with a lot of attracting features added on top of it
CreditDao - A DAO on top of Ethereum, which will act as a decentralised, community driven representative of users and network as a whole.
CreditBay - A decentralised commodity market on top of Ethereum, implemented with smart contracts.
CreditMC - A migration contract that will help us to migrate from old network to the new one with accepting the old coins and issuing new tokens.
Because we know that no crypto eco system is complete without infrastructure projects we will also start the development of many infrastructure projects that will help with usability and recognition of Creditbit.
We now ask you, the crypto community, to kindly comment our ideas and propose new ones. We are here to listen and accept them.
In the meantime, we will write down detailed explanation of each of the core entities which we will be posted in the beginning of the next week on this thread. Then you will be able to give us feedback so that we can compile the best version of Credit 2.0 together.
When the final plan will be made and accepted a new thread will be opened, with in-detail explanation of the new project and of course, a white paper and exact roadmap will be released.
Future plan:
11.01.2017 - By the end of the day, we will post an idea of what the new CreditBit should/will be like. DONE
11.01.2017 - By the end of the week, we will establish channels, where the crypto community will be able to participate in the making process of our new ecosystem.
11.01.2017 - In the meantime, we will write down detailed explanation of each of the core entities which we will be posted in the beginning of the next week on this thread. Then you will be able to give us feedback so that we can compile the best version of Credit 2.0 together.
Wow,this is a next level! Time to buy some more crbit.