Topic: [ANN][ICO]CREDITS - New Blockchain for financial industry [HARDCAP REACHED!] - page 113. (Read 37727 times)

Because there’re no analogues of this product while the demand for the solutions like this exists.

In the SWOT-analysis of your platform you’re claiming that many users will be interested in your project. Why are you so confident of that?

I have a technical question to ask, if anyone knows an answer.  A team member would be nice, if any exists on here, but I doubt that's the case. So I'm left with the most thoughtful thread I could find on the subject, which appears to be this one.

First off, I'm a fan of Credits, but not because of the hype. I'm fan, because "Federation Credits" was the literal prophetic vision of Gene Roddenberry, the creator of Star Trek. This was the money used in the series, but it only rarely came into the script, because he wanted to portray a world where money wasn't very important, and God bless him for that.  

Nevertheless, as Cyrano Jones so aptly stated, if not for the pursuit of money, what would happen to man's search for knowledge?

https://youtu.be/k8inXKEwDGs

I've been studying the off-chain projects, which are attempting to solve transaction speed and scalability problems, using off-chain transactions to accomplish the billions of transactions per second that will one day be required of all these decentralized platforms; or the BIG one that eventually wins the game. So many actions don't need to be on the blockchain, and even more can be scaled back, and then sent through in larger bundles. In other words, you may not need as much speed, with more scalable planning.

What is the plan of Credits to perform off-chain transactions, similar to what the lightning network is to Bitcoin, or Trinity is to Neo?

I'm not a tech person, so please put your explanation into relatively simple words to explain the plan, because I know enough now, to know that not everything can be performed on-chain, at least not immediately, such as when a small task or action is performed on the platform. Take computer gaming for example, or even micro transactions. Why put these on the chain, when you can take them off, until enough actions are built up, or a daily accumulation is desired on-chain?

Saying over and over that you're able to provide high speed, and I assume "on-chain" transactions, in fact may be a technical blunder built more on "hype" than reality. Especially given what I'm hearing from other smart people in the space, who are working very hard to make a platform that is truly scalable.

How about a little less hype, and a little more reality, given that your truest limitations will be the Internet speeds that are available, anyway. That's the whole floundering problem of DeepBrain Chain, for example. They won't be able to accomplish what they want, due to low Internet speeds, and this has been essentially proven by people who care enough to simply look at the size of the files they say they want to work with.

I have no problem with a pump and dump deal. No problem at all, but it would be nice to genuinely believe in a platform that REALLY can take on the challenges of Internet Speed as the primary limiting factor. It's BS to suggest that all these transactions can take place on-chain, when your Internet speeds won't allow it in the first place.

REALITY CHECK FOLKS ...

Good afternoon. Will only owners of the main nodes be able to earn on your platform or will everyone who took part in determination of the main node receive profit, too?

The solving of consensus on Credits consist of 6 stages. Are you sure that it’ll really be possible to make the transaction fast?

Hi there. Why did you choose Proof of Work principle exactly? Doesnt it provides the miners with an opportunity to influence the process of making of transactions?

HI, can you please clarify:

When you pay ETH to the ICO smartcontract address-->Are you after that getting automatically and immediately the corresponding erc20 Credits tokens deposited into your ETH wallet?   If not, when would you receive them exactly?


Also:  Is there any way to technically make sure that the ICO smartcontract will actually "behave" and automatically send the erc20 tokens to all the ICO participants?

thanks

What does the candidate for the main node role have to di in order to land the whitelist? As i understand, the right calculation of the function isnt enough. 

Well he isn't really wrong in saying that it is not wide spread. It is true that there is a lot PoC going on and also a lot of implementation, but most of the infrastructure still runs without blockchain of course. How could it be different? The banking sector is strictly regulated and so far there is no real regulation for blockchain. Implementation without regulation seems unlikely in the banking sector but it will happen eventually.

Good afternoon. One of the main advantages of  your platform is synchronic operation of the consensus. Could u tell us please due to what this is achieved?

The value and price is not only decided by TPS, if so, ETH should surpasse BTC now. But this can't happen soon, and ELF must be top 5 coin.

Well if zilliqa is going to the moon at only 2000 TPS, I do hope that credits can give at least 100k TPS and go to Jupiter not just the moon haha

This is one of the best projects for now. I am participating in the Bounty campaign and I am thinking of taking part in ICO. Wish you luck.

No one will be lonely anymore. From now on blockchain technology and smart contracts stand guard over love.

In the age of the internet and digital technologies, millions of people are still single and cannot find their better halves. Dating platforms powered by blockchain technology are aiming to help lonely hearts to find each other.

Some projects offer the possibility of finding a partner with the help of smart contracts and advanced matching engines that can select a perfectly matching person with mutual interests and necessary qualities. 

Other blockchain and artificial intelligence-based projects will not only choose your partner, but will also analyse his/her photos in the social networks to prove the individual’s identity. 

And finally, there are platforms that use blockchain to run fully anonymous and confidential correspondence on a dating site.

Whether you are in love or looking for your better half, CREDITS team wishes you to spend St.Valentine’s Day in a nice company.

By the way, any application based on blockchain technology or smart contracts can be created using our platform.

https://credits.com/en/Home/New_Ins/2278

Can someone tell what documents are needed from US residents for the verification process?

Glad to participate in this project with a team of professionals, guys know what they are doing!

Here is a new article about blockchain and smart cars on Crypto-France.com for our french-speaking followers. How does a decentralized network improve the operation of a smart car and make smart car technology more popular? What is the future of blockchain and smart cars? Get all information by following the link.
https://www.crypto-france.com/voitures-intelligentes-blockchain/

CREDITS team has an important update about Alpha-version release, whitelist, ICO dates and details. Please follow the link to get the full update.
https://credits.com/en/Home/New_Ins/2275

You're still alive
Thought russian mafia got to you after that article disappeared.

If i calculated it correctly, it’ll last for 14 days.