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Topic: [Pre-ANN] Kreds (KREDS) - Payment & rewards currency with Masternodes (Read 1723 times)

copper member
Activity: 240
Merit: 178
"Your Thoughts have value."

We are making some changes needed to the mining algorithm. Expect news soon, most of the delay was work on the business infrastructure outside of the Kreds currency. Some required us to hire more developers. We are very close now.
sr. member
Activity: 1092
Merit: 250
Hodlers Network
no updates in this thread and the dev did not active anymore
hopely there will be an update from this project
member
Activity: 187
Merit: 10
You can do What you want.
full member
Activity: 307
Merit: 100
0xb58D6E68944e195420843fA98c4A3481a5914282
hero member
Activity: 785
Merit: 502
Update:

Our team is nearing completion of the Kreds blockchain. Upon launch mining will begin, in parallel our data center will be completed within a week of project launch and then we will begin to help secure the blockchain with existing miners. Our team focuses on using cryptographic currency in businesses and as such Kreds will begin it's existence with this use case. At launch we do not want to mingle the users from our sites with this community. However, that will change once we have properly educated and informed our customers and on-site users of becoming their own bank and the methods to earn and use KRD.

It is impossible to predict (even using big data) what the public's understanding rate will be for this technology. Our research shows that it's best to ease non-crypto individuals into using Kreds as a reward/store of value/currency. This time frame will give miners and investors the ability to gain a foothold into Kreds and help derive it's value from speculation and what our team will deliver as a true use-case. It's only fair that those in blockchain have advance knowledge as we all understand this great tech and the benefits of it's global reach.

Our road map when posted will make this more clear. Kreds is already of great value to our team as it will help attract and maintain our user base in the various websites we own and create. When other businesses see how simple it is to integrate Kreds then the value should become appropriate for service and subscription payments. More info on this in time.

We hope to see some strong pools come for Kreds on launch day, if possible optimized for asic machines. If necessary we will build a pool to accommodate the Bitmain D3 X11 miners that will soon be getting their machines. Spread your hashrate around to help reduce centralized mining and if you have issues please bring them up to the pool operators in the thread then take it to pm if needed. Target for launch is sometime between September 25th-30th.

Someone dropped your project link in the slack I monitor so I'm bookmarking. I like the sound of this Kreds and hope to mine and maintain a masternode for the network. Good luck on launch day. No ICO makes this very tempting.
newbie
Activity: 30
Merit: 0
Bookmarked, waiting for more updates.
full member
Activity: 177
Merit: 100
Looks great. Will mine when wallet, pools etc are up.

Please give as much advance notice of launch time and date as you can so we can be ready.

Cheers
copper member
Activity: 240
Merit: 178
"Your Thoughts have value."
Update:

Our team is nearing completion of the Kreds blockchain. Upon launch mining will begin, in parallel our data center will be completed within a week of project launch and then we will begin to help secure the blockchain with existing miners. Our team focuses on using cryptographic currency in businesses and as such Kreds will begin it's existence with this use case. At launch we do not want to mingle the users from our sites with this community. However, that will change once we have properly educated and informed our customers and on-site users of becoming their own bank and the methods to earn and use KRD.

It is impossible to predict (even using big data) what the public's understanding rate will be for this technology. Our research shows that it's best to ease non-crypto individuals into using Kreds as a reward/store of value/currency. This time frame will give miners and investors the ability to gain a foothold into Kreds and help derive it's value from speculation and what our team will deliver as a true use-case. It's only fair that those in blockchain have advance knowledge as we all understand this great tech and the benefits of it's global reach.

Our road map when posted will make this more clear. Kreds is already of great value to our team as it will help attract and maintain our user base in the various websites we own and create. When other businesses see how simple it is to integrate Kreds then the value should become appropriate for service and subscription payments. More info on this in time.

We hope to see some strong pools come for Kreds on launch day, if possible optimized for asic machines. If necessary we will build a pool to accommodate the Bitmain D3 X11 miners that will soon be getting their machines. Spread your hashrate around to help reduce centralized mining and if you have issues please bring them up to the pool operators in the thread then take it to pm if needed. Target for launch is sometime between September 25th-30th.
sr. member
Activity: 490
Merit: 250
I think i heard of Kreds before. Is this a relaunch project?

No, but upon search I located a 'Creds' project this may be what you saw in the past. This currency is new and the use case for it is needed for multiple purposes which require a new blockchain to properly deliver.
Althrough unintentional, it's great that you clarified here like you just did to prevent confusion in the future.
copper member
Activity: 240
Merit: 178
"Your Thoughts have value."
Hello future Kreds community,

Please bookmark this post and we will update as launch gets closer; ETA is late September. Miners please plan for X11 algorithm, we will not ninja launch this currency, it will be announced so there is time to plan for mining start.

Source code will be primarily based off Dash's proven and extremely forward thinking code (huzzah to the Dash team for their amazing work). The difference is that this coin is designed to enable payment in business and subscription use, so the emission rate will be greater than Dash to enable a more feasible non-fractional payment amount for services and rewards.

No ICO, PoW for top security, Masternodes will be enabled to prevent Sybil attacks.

More details will come as launch time draws near.

Bookmarking this!  PM me at launch if you need a pool partner to start at the beginning!

Thanks.
Thank you we will add you to the pool contact list before launch.

Hello future Kreds community,

Please bookmark this post and we will update as launch gets closer; ETA is late September. Miners please plan for X11 algorithm, we will not ninja launch this currency, it will be announced so there is time to plan for mining start.

Source code will be primarily based off Dash's proven and extremely forward thinking code (huzzah to the Dash team for their amazing work). The difference is that this coin is designed to enable payment in business and subscription use, so the emission rate will be greater than Dash to enable a more feasible non-fractional payment amount for services and rewards.

No ICO, PoW for top security, Masternodes will be enabled to prevent Sybil attacks.

More details will come as launch time draws near.
Dash based coins are if great interest to me. I've had success with other masternode coins and im gonna go all in on this.

Thank you for your early interest.


i honestly see no reason to even make this thread! it says nothing in the OP and is a ANN for what?
Well, I guess the project managers will be able to gauge interest from the replies.

Our sites users will be slowly over time accruing Kreds, they will not be aware for months after launch that an actual blockchain based currency is behind it. The thread is to let those in this industry know there will be a valid reason soon to help secure the Kreds blockchain through mining plus greater distribution of the currency because of said mining. The plan and roadmap will be made clear in time.

I think i heard of Kreds before. Is this a relaunch project?

No, but upon search I located a 'Creds' project this may be what you saw in the past. This currency is new and the use case for it is needed for multiple purposes which require a new blockchain to properly deliver.

**for miner transparency a section of our teams resources will be mining Kreds with you, we will delay our mining though to allow early block generation by the public first and then make a small post informing when we enter the pools.
sr. member
Activity: 632
Merit: 250
I think i heard of Kreds before. Is this a relaunch project?
full member
Activity: 186
Merit: 100
Veritas Mining - Sustainable Crypto Mining
 Really like the name. Looking forward to the launch!
sr. member
Activity: 490
Merit: 250
i honestly see no reason to even make this thread! it says nothing in the OP and is a ANN for what?
Well, I guess the project managers will be able to gauge interest from the replies.
sr. member
Activity: 1078
Merit: 255
Waiting for more updates and coin info. so following for now.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
i honestly see no reason to even make this thread! it says nothing in the OP and is a ANN for what?
newbie
Activity: 14
Merit: 0
Are there any plans to use a specific mining pool (like Supernova)?
full member
Activity: 126
Merit: 100
TjLn6fRQ3KrC9ceikidm8wAXaB6AHqA1YV
Bookmark? good algo
full member
Activity: 225
Merit: 100
Sr. Web Developer / Msg for work inquiries
Hello future Kreds community,

Please bookmark this post and we will update as launch gets closer; ETA is late September. Miners please plan for X11 algorithm, we will not ninja launch this currency, it will be announced so there is time to plan for mining start.

Source code will be primarily based off Dash's proven and extremely forward thinking code (huzzah to the Dash team for their amazing work). The difference is that this coin is designed to enable payment in business and subscription use, so the emission rate will be greater than Dash to enable a more feasible non-fractional payment amount for services and rewards.

No ICO, PoW for top security, Masternodes will be enabled to prevent Sybil attacks.

More details will come as launch time draws near.
Dash based coins are if great interest to me. I've had success with other masternode coins and im gonna go all in on this.
full member
Activity: 151
Merit: 100
Ok bookmarked for future reference. looking forward to september and good luck with your project!!
sr. member
Activity: 454
Merit: 250
bookmark n waiting next update
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