Hello everyone! I’ve read that the Credits’s time unit will be the search cycle of the main and trusted hosts. Does anybody know how long a cycle on the platform take?
it's not constant period of time 
Topic: [ANN][ICO]CREDITS - New Blockchain for financial industry [HARDCAP REACHED!] - page 181. (Read 37729 times)
December 03, 2017, 01:59:42 PM
December 03, 2017, 01:56:57 PM
You are trying to solve a problem which the Raiden network is about to solve, aren't you? When you say that financial transactions are too slow on the ETH network, that will be a thing of the past should the Raiden network be successful.
Raiden network solving this problem only for ethereum assets. Not for all crypto. CREDITS its new and own network, which use ethereum network only for first stage - ICO, after it wil be own ecosystem and CS will be swapped on own currency. Look roadmap and WPIf Raiden solves the same problem that Credits is looking to solve, what's the point to prefer Credits over Ethereum? Ethereum has massive security already while Credits doesn't. A switch simply doesn't make sense because the capacity problems will be solved on the ETH network.
Ok but couldn't it be possible for Ethereum to also scale sufficiently in order to compete with solutions like Credits wants to offer?
If you build a system you should be well aware of the competitive environment you are going to enter right?
December 03, 2017, 01:55:01 PM
Good evening to everyone. Tell me, can I pay for purchase with Ripple tokens?
only ETH and BTC accepted December 03, 2017, 01:54:11 PM
Greetings to all the readers of the forum. Tell me, does the founder of the project plan to issue more coins in the future?
No, it will 1 000 000 000 CS issued, and all unsold tokens during ICO will be burned. Now CS is the ERC20 token but after alpha release they will be swapped on CREDITS blockchain tokens December 03, 2017, 01:50:37 PM
tl;dr
can anyone tell where can I read summary of ico / funds raised so far ?
https://credits.com/en/home/ico can anyone tell where can I read summary of ico / funds raised so far ?
December 03, 2017, 11:06:32 AM
Hello comrades. I didn’t really understand why a low-level connection would be used to connect the validator hosts on this platform?
December 03, 2017, 11:06:00 AM
The length of the keys that will be used in the RC4 algorithm has a wide spread - from 40 to 2048 bits. That's why I’m wondering what factors will the final length of the key depend on?
December 03, 2017, 11:05:49 AM
Do you think all the data that is stored in a separate thread when executing a transaction will be sent further in encrypted form or not?
December 03, 2017, 11:04:41 AM
Good evening, comrades. The description of the project indicates that the project’s peer-to-peer network can be represented as a “graph”. I didn’t understand at all, what do you mean by the “graph”??
December 03, 2017, 11:02:10 AM
Hello everyone! I’ve read that the Credits’s time unit will be the search cycle of the main and trusted hosts. Does anybody know how long a cycle on the platform take?
December 03, 2017, 08:52:20 AM
You are trying to solve a problem which the Raiden network is about to solve, aren't you? When you say that financial transactions are too slow on the ETH network, that will be a thing of the past should the Raiden network be successful.
Raiden network solving this problem only for ethereum assets. Not for all crypto. CREDITS its new and own network, which use ethereum network only for first stage - ICO, after it wil be own ecosystem and CS will be swapped on own currency. Look roadmap and WPIf Raiden solves the same problem that Credits is looking to solve, what's the point to prefer Credits over Ethereum? Ethereum has massive security already while Credits doesn't. A switch simply doesn't make sense because the capacity problems will be solved on the ETH network.
Ok but couldn't it be possible for Ethereum to also scale sufficiently in order to compete with solutions like Credits wants to offer?
If you build a system you should be well aware of the competitive environment you are going to enter right?
December 03, 2017, 05:06:40 AM
Good evening to everyone. Tell me, can I pay for purchase with Ripple tokens?
Unfortunately, you won’t have such an opportunity. Credits only accept Btc and Eth. December 03, 2017, 05:03:33 AM
Greetings to all the readers of the forum. Tell me, does the founder of the project plan to issue more coins in the future?
Non. There will be only one issue of 1 billion CREDITS coins. December 03, 2017, 05:03:21 AM
Good evening to everyone. Tell me, can I pay for purchase with Ripple tokens?
December 03, 2017, 04:58:39 AM
Greetings to all the readers of the forum. Tell me, does the founder of the project plan to issue more coins in the future?
December 03, 2017, 03:36:59 AM
tl;dr
can anyone tell where can I read summary of ico / funds raised so far ?
can anyone tell where can I read summary of ico / funds raised so far ?
December 03, 2017, 03:32:00 AM
Hello. I’ve met the notion of "core of the system", which exists is in CREDITS. Can someone tell me what it is in more detail?
December 03, 2017, 03:29:46 AM
In my opinion, the developers of Credits claim too great capacity for the project. They say that significant level of performance of the registry will be reached, but they also say that there will be a high degree of security. Technically, it’s simply impossible)
This isn’t impossible if one uses the registry database with the formation of the Merkle tree from the hash of the previous block and transaction’s result. Credits Developers also offer their own unique registry structure in which the Merkle tree won’t be formed.
December 03, 2017, 03:26:42 AM
In my opinion, the developers of Credits claim too great capacity for the project. They say that significant level of performance of the registry will be reached, but they also say that there will be a high degree of security. Technically, it’s simply impossible)
This isn’t impossible if one uses the registry database with the formation of the Merkle tree from the hash of the previous block and transaction’s result. Credits Developers also offer their own unique registry structure in which the Merkle tree won’t be formed.
December 03, 2017, 03:24:43 AM
In my opinion, the developers of Credits claim too great capacity for the project. They say that significant level of performance of the registry will be reached, but they also say that there will be a high degree of security. Technically, it’s simply impossible)
This isn’t impossible if one uses the registry database with the formation of the Merkle tree from the hash of the previous block and transaction’s result. Credits Developers also offer their own unique registry structure in which the Merkle tree won’t be formed.Jump to: