What do you think Credits? 1 million transaction /sec speed, >>ETH and bitcoin

Agent99

member

Activity: 147

Merit: 10

Quote from: alttry2019 on March 04, 2018, 12:28:30 AM

Hi guys,

A new blockchain technology is just on coinmarket cap with 20M market value. It has a very high transaction speed. Alpha version can be downloaded from its website.

https://credits.com/en/Home/Index#about_us_link

3 million transaction volume on its first day on IDEX, which is much higher than some other coins on Binance.

Do you see a huge potential or you guys think this is nothing?

Thank you.

the speed of transaction in ETH is more than BTC, also the main fee of transaction of ETH is also more than BTC. BTC is need to developed more in next future.

alttry2019

member

Activity: 106

Merit: 10

Quote from: Agaton on March 04, 2018, 12:43:48 AM

I don't know what is your exact point about cryptocurrency, but if we talk about bitcoin and etherium it s likewise having a total contribution to every people. And talking about transactions, all people can access very well as long as they have internet connection.

Right. Credits is saying they can increase the transaction speed up to 1 Million/sec, which is a lot comparing to current technology.

alttry2019

member

Activity: 106

Merit: 10

Quote from: 3DBrushes on March 04, 2018, 01:02:12 AM

Let me tell you it's just bullshit and it is only on paper. I doubt if they can do 1000 txs/second forget about millions it is just an eye grabbing term on their site. If they really implement this then it would be between their nodes itself. It is nothing but a centralised solution which we aren't interested in.

Your reply is very useful. Credits is saying their business is concentrated on bank filed. They are different from ETH.

I think you are right, Credits is using their own nodes. Maybe like NEO, they are sacrificing decentralization. I think credits has its own market in the future.

Thank you.

3DBrushes

sr. member

Activity: 617

Merit: 253

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Let me tell you it's just bullshit and it is only on paper. I doubt if they can do 1000 txs/second forget about millions it is just an eye grabbing term on their site. If they really implement this then it would be between their nodes itself. It is nothing but a centralised solution which we aren't interested in.

Agaton

newbie

Activity: 140

Merit: 0

I don't know what is your exact point about cryptocurrency, but if we talk about bitcoin and etherium it s likewise having a total contribution to every people. And talking about transactions, all people can access very well as long as they have internet connection.

alttry2019

member

Activity: 106

Merit: 10

Hi guys,

A new blockchain technology is just on coinmarket cap with 20M market value. It has a very high transaction speed. Alpha version can be downloaded from its website.

https://credits.com/en/Home/Index#about_us_link

3 million transaction volume on its first day on IDEX, which is much higher than some other coins on Binance.

Do you see a huge potential or you guys think this is nothing?

Thank you.

Topic: What do you think Credits? 1 million transaction /sec speed, >>ETH and bitcoin (Read 147 times)