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Topic: [ANN][ICO]CREDITS - New Blockchain for financial industry [HARDCAP REACHED!] - page 144. (Read 37746 times)

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Activity: 574
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What ICO results does the company consider to be ecceptable?
i think you mean in what case they will make refund? if yes then i can answer - it could be happened if Credits couldn't reached minimal cap 1.5 mln $, and as you know they reached more than 3 mlns on the pre-ico stage and we shouldn't worry about it
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Does anybody know how soon will the founders of the company access their tokens?

50% - (up to a maximum of 10 mln USD) will not be frozen and will be used for the development and promotion of the project
30% - frozen until the release of the Alpha version (requires Escrow board confirmation and approval for release)
20% - frozen until the first full release (requires Escrow board confirmation and approval for release)
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Good afternoon! How many people will take part in voting for change of amount of main node owners’ material consideration?
All working nodes
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Activity: 574
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Hi everybody! Tell me please, how soon will the ICO be over?
He-he) i want that it would be finished 01 Feb, but this is inly the beginning of the main phase which will run until Feb 28 or the project hardcap 20 mlns $ reached
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Activity: 574
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I’m wondering what average amount of time it will take the system to find a consensus. As far as I understand, it should take split seconds, right?
Around 3 seconds and it's not a constant, it's mentioned in tech papers and this question was answered many times here and in telegram group. Don't be so lazy and learn about project in what you want to invest, just be a bit smarter  Smiley
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I liked the idea, it's good to have a cheaper and faster alternative that offers security for transactions, 1,000,000 transactions per second is a huge step to take. Working with seriousness and focus the result comes.
Yes, it is that what we really need, especially at last times
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Activity: 574
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Is it necessary to sign up for the whitelist in order to purchase the coins on the ICO?
Not necessary but investors from whitelist will be serviced at first, so you can miss the opportunity if you will not be there. I already have such experience in other projects, not good experience  Smiley
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Activity: 574
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how many funds have been raised at a stage pre-iso
thanks!
hard cap 3 mln $ in ETH was raised



thanks buddy!
to pre-ico nearly 2 months lasted, and on pre-ico they have allocated only one month whether will manage to collect the necessary sum? on ico they plan to collect much



I think everything will be ok. Many people know Credits, speaking about them on TV, forums, social media, and it's really unique technology that provides much opportunities. And personally i'm waiting the hardcap in one-two weeks or even faster Smiley Really hope so.
full member
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Hello. I’ve just read that each core will receive a list of variables for processing at the input. What are these variables and how many of them will there be? Does anybody know?
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Based on what calculations did you get the amount that your system will be able to process 1 million transactions per second?
full member
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I’m wondering what info will be in cores of the system if the system understands the processor of the data with their help?
full member
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Good afternoon. As far as I understand, your maim goal is to become a decartelized platform. What technical requirements should you need in order to succeed?
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CryptoPotato has discussed CREDITS with its CEO

CREDITS' goal is to reach the astonishing number of one million transactions per second. CREDITS has successfully completed its pre-ICO by reaching hard cap on the 26th of December 2017, raising 4029,12 Ether or 3 million dollars.

“We have realized that it is tremendously difficult to build a quick and all-users convenient system based on the blockchain technology used for most of cryptocurrencies. This is why we decided to create our own cryptocurrency system to overcome all the disadvantages of Bitcoin, Ethereum and other cryptocurrencies,” said Igor Chugunov, CEO and founder of CREDITS

https://twitter.com/creditscom/status/950746663689342976
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Greetings. Explain please, how will the structure of processing of transactions ensure the maximum possible speed of operation of the service?
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I’ve seen somewhere the info that the consensus will be found with the help of voting. But what if those who votes will choose a wrong way? It will lead to incorrect operation of the system. In my opinion, choosing the consensus with the help of voting isn’t a good idea.
Looool are you kidding? Users won’t take part in voting! The voting will be held in a half-automated mode between the trust nodes-validators. Also, I wonna tell you that any errors are excluded in such a case))
You’re so funny)) By the way, there won’t be only voting itself be used in order to search for consensus. There will also be a specific algorithm involved in this process – it’s an algorithm for passage of a finite-state automaton.
Tried to understand it but I can’t. What happens in the system when the consensus if built? Does anybody know?

I guess that many of us do ‘cause it’s described in the technical documentation of the project. So, when the consensus is built, the transaction is sent for validation with a mark for writing and saving to the registry.
Somebody has already told that there’s also used an algorithm for passage of a finite-state automaton. Can anybody tell me what this algorithm is?
member
Activity: 238
Merit: 10
I’ve seen somewhere the info that the consensus will be found with the help of voting. But what if those who votes will choose a wrong way? It will lead to incorrect operation of the system. In my opinion, choosing the consensus with the help of voting isn’t a good idea.
Looool are you kidding? Users won’t take part in voting! The voting will be held in a half-automated mode between the trust nodes-validators. Also, I wonna tell you that any errors are excluded in such a case))
You’re so funny)) By the way, there won’t be only voting itself be used in order to search for consensus. There will also be a specific algorithm involved in this process – it’s an algorithm for passage of a finite-state automaton.
Tried to understand it but I can’t. What happens in the system when the consensus if built? Does anybody know?

I guess that many of us do ‘cause it’s described in the technical documentation of the project. So, when the consensus is built, the transaction is sent for validation with a mark for writing and saving to the registry.
member
Activity: 322
Merit: 10
I’ve seen somewhere the info that the consensus will be found with the help of voting. But what if those who votes will choose a wrong way? It will lead to incorrect operation of the system. In my opinion, choosing the consensus with the help of voting isn’t a good idea.
Looool are you kidding? Users won’t take part in voting! The voting will be held in a half-automated mode between the trust nodes-validators. Also, I wonna tell you that any errors are excluded in such a case))
You’re so funny)) By the way, there won’t be only voting itself be used in order to search for consensus. There will also be a specific algorithm involved in this process – it’s an algorithm for passage of a finite-state automaton.
Tried to understand it but I can’t. What happens in the system when the consensus if built? Does anybody know?
member
Activity: 196
Merit: 10
I’ve seen somewhere the info that the consensus will be found with the help of voting. But what if those who votes will choose a wrong way? It will lead to incorrect operation of the system. In my opinion, choosing the consensus with the help of voting isn’t a good idea.
Looool are you kidding? Users won’t take part in voting! The voting will be held in a half-automated mode between the trust nodes-validators. Also, I wonna tell you that any errors are excluded in such a case))
You’re so funny)) By the way, there won’t be only voting itself be used in order to search for consensus. There will also be a specific algorithm involved in this process – it’s an algorithm for passage of a finite-state automaton.
member
Activity: 238
Merit: 10
I’ve seen somewhere the info that the consensus will be found with the help of voting. But what if those who votes will choose a wrong way? It will lead to incorrect operation of the system. In my opinion, choosing the consensus with the help of voting isn’t a good idea.
Looool are you kidding? Users won’t take part in voting! The voting will be held in a half-automated mode between the trust nodes-validators. Also, I wonna tell you that any errors are excluded in such a case))
full member
Activity: 392
Merit: 100
You should understand that high speed of service’s operation is good, but there should be a high level of security, too. How will you manage to combine everything?
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