Topic: [ANN][ICO]CREDITS - New Blockchain for financial industry [HARDCAP REACHED!] - page 197. (Read 37749 times)

Why do you use Pow + PoC?

What is the marketing strategy of ICO presales and ICO? How to enhance brand awareness?

When will your product be released?

What are your competitors now? What are your advantages compared to them?

Which exchanges will list the coin?

Where can I find information about transaction fees?

So, after the ICO, there is no way to get a new coin? and no mining, right?

is this your own technology?

Which kind of protocol do you use?

Do you have the credit business?

Where will our system be used?

Vote for nodes and competition between choosen nodes

ledger availability (nodes can write data to the ledger and read them from it at any
time);
Modifiability by all participating network nodes;
Consistency of all system nodes (all nodes see an absolutely identical version of the
ledger, which is updated after changes);
Resistance to separation (if one node becomes inoperable, this does not affect the
operation of the entire ledger).

The consensus in CREDITS is a method of group decision-making. With the aim to develop
final solutions acceptable for all network nodes.


You can read more in our WP - https://credits.com/Content/Docs/TechnicalWhitePaperCREDITSEng.pdf
and TP - https://credits.com/Content/Docs/TechnicalPaperENG.pdf

Automatically

We use several types of nodes, depending on their purpose to build a decentralized network
based on free access and node connection:
1. A common node (CN) is the node participating in transaction verification for validity but has a
minimum trust factor. It is also a candidate for the role of a trusted node and the node of the current
processing in the next cycle of node role selection in the network.
2. A trusted node (TN) is the node participating in transaction verification and has the maximum trust
factor (1), is a candidate for the role of the node of the current processing and common node. This node
cannot become trusted during a mathematically calculated number of selection and voting cycles among
nodes. The mathematical calculation depends on the number of nodes and the network complexity.
3. The main node (MD) of the network is the node participating in verification and responsible for
adding transactions to the transaction ledger block. This node cannot become trusted or the node of the
current processing during a mathematically calculated number of voting cycles, which mathematical
calculation depends on the number of nodes and the network complexity.
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.

Yes, all hosts will be decentralized.

Are calculations of the host function checked automatically, or will the specialists of CREDITS do this?

Will decentralized hosts work in a competitive environment or will you prioritize them yourself?

Has this protocol already been tested by other projects or is it an unique development of CREDITS?