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Topic: [ANN][ICO]CREDITS - New Blockchain for financial industry [HARDCAP REACHED!] - page 185. (Read 37729 times)

full member
Activity: 378
Merit: 101
Hello everybody. Why is there the main host in the system if all of them are decentralized and have no priority over each other?
Hello. It’s necessary to select a main host  to perform the processing the queue of transactions stored on different hosts of the network. In the end, the main host adds a new generated transaction block to the registry.
member
Activity: 322
Merit: 12
Good afternoon. Can you name the main advantages of the concept of SHA-2 algorithm which is used on the platform in order to calculate the hash of the files?
member
Activity: 238
Merit: 10
Hello everybody. Why is there the main host in the system if all of them are decentralized and have no priority over each other?
full member
Activity: 392
Merit: 100
Will all the processes be proceeded simultaneously in your system to speed up the work of the platform? And won’t it affect the load of the equipment on the platform? After all, there may be failures in the work of CREDITS because of this.
member
Activity: 364
Merit: 10
Hello. Can CREDITS coins be mined?


Of course not. If you want become a holder, you can buy them now on sale or in the future on the secondary exchange.
member
Activity: 196
Merit: 10
Hello. Can CREDITS coins be mined?
full member
Activity: 336
Merit: 100
Hello everyone. I carefully got acquainted with the white paper of that project and I was curious why each initial message is divided into blocks after being added, each of which contains 16 words?

member
Activity: 392
Merit: 10
Greetings. On what wallet can I store coins CREDITS?

Good afternoon. On any Ethereum wallet which corresponds to the ERC-20standard.
full member
Activity: 280
Merit: 100
Greetings. On what wallet can I store coins CREDITS?
full member
Activity: 237
Merit: 250
Good afternoon, comrades. What progress has CREDITS made during the course of pre-sale?

pre-ICO alive 467k already sold
full member
Activity: 237
Merit: 250
Good afternoon. Tell me please, what is checking for the trust of new network hosts?

The system uses a trust factor – an absolute fractional numerical value from 0 to 1, expressed in
mathematical terms of the number of trusted nodes +1 to the total number of nodes in the network. The
maximum number of trusted nodes cannot exceed 50% of network nodes.
member
Activity: 574
Merit: 12
Good afternoon, comrades. What progress has CREDITS made during the course of pre-sale?
CEO and CTO of CREDITS participating almost in every blockchain event all over the world, i think very soon we will see the result of it
member
Activity: 574
Merit: 12
I’ve read that a network host is a computer with an installed network client. Does this mean that any user can install a network client on his PC and become a network host?

yes, it is
member
Activity: 126
Merit: 11
You write that you need a technological environment that can process hundreds of thousands of transactions per second. Does this mean that you plan to conduct so many different operations on your platform?


Sure, this is one of our advantages
That’s very much! How many users should be there on the platform in order to proceed so many transactions per second?
full member
Activity: 280
Merit: 100
Greetings to everybody. Do you need to pass any registration in order to buy CREDITS tokens?
Hello, yes, there’s a short registration: you must specify an email address and an ETH-wallet.


Right! And need ckeck rules!
By the way, what about the rules? Are there any restrictions on buying coins for the citizens of any countries?
member
Activity: 196
Merit: 10
Good afternoon, comrades. What progress has CREDITS made during the course of pre-sale?
Hi. Things are going well, the company has already managed to collect more than $450000 by selling coins during the course of the pre-sale.
member
Activity: 224
Merit: 10
Good afternoon, comrades. What progress has CREDITS made during the course of pre-sale?
full member
Activity: 280
Merit: 100
Good afternoon. Tell me please, what is checking for the trust of new network hosts?
member
Activity: 406
Merit: 31
I’ve read that a network host is a computer with an installed network client. Does this mean that any user can install a network client on his PC and become a network host?
full member
Activity: 336
Merit: 100
Hi everybody. If I understood it correctly, the Credits’s operation is based on the network hosts and maybe there will also be lots of them in the system. I’m wondering if they all are connected among each other or do they exist autonomously.
Hello. Each network host in CREDITS is connected to all the other hosts. Between them there’s a constant exchange of new blocks with transactions. Due to this approach developers will be able to achieve placing relevant information all over the CREDITS.
What’ the point in such an approach?  In my opinion, there’re also other ways to maintain relevance of information which not require such resource-intensive costs.
The point is that due to this approach multiple storages of registry data are provided on many servers – the hosts of the system. Therefore, all the information is protected. As for the high costs of resources, you’re mistaken. All these processes are performed on separate servers, so there is no resource load.
What exactly is ensuring a high extent of security of information in such an operational process?

That’s very simple! The more there’re hosts in the systems, the more it’s reliable and independent.
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