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More good news for those following this thread, we are finally ready to start contacting exchanges, with our services being cemented into place.
We are petitioning multiple exchanges and will report back when we have heard anything. Stay awesome, CRE community!
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I Might be slightly biased, but Credits uses something called a proof of deposit system, which I have never seen in crypto before. It essentially spits the role of the miner, between the miner and a new type of contributor called "the depositor". To mine a block, you must deposit the required deposit (currently, it's less than the total block reward, meaning you don't need to prepare any deposit. The wallet will subtract the deposit automatically if you find a block). At around block 33,000 , the required deposit will be greater than the block reward. This means that you have to provide the upfront CRE deposit (deposits are RETURNED to you after 15,000 blocks) or else your specific mining rig faces a difficulty adjustment based on how much of the deposit is missing. As you can imagine, there will be a need for people that HAVE CRE. There is features inside the Credits-qt wallet that allow a user to provide another user with deposit funds, with the creditor being paid from the block reward instantly. For more info, check out our ANN thread or website: Official website: http://www.creditsclient.com/ANN thread: https://bitcointalk.org/index.php?topic=1037244.0BTW, This coin is only 1.4 months old. |
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Hey guys! I've recently set up the web wallet and block explorer for Credits. If you want to hire me, I'll gladly set either or both up for your new altcoin! Here is a link to my block explorer setup: http://creditchain.org/ 0.2 BTCAnd here is my current web-wallet setup: http://creditswallet.info/ 0.2 BTCPM me or reply here if you want to discuss anything  |
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UPDATE:Today, two services became fully fuctional.1. The block explorer now has all capabilities you can ask for! Check it out at creditchain.org2. Most importantly, we now have a web-wallet!Link to the web-wallet is here: creditswallet.info Nice work getting these online. Thanks man  |
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UPDATE:Today, two services became fully fuctional.1. The block explorer now has all capabilities you can ask for! Check it out at creditchain.org2. Most importantly, we now have a web-wallet!Link to the web-wallet is here: creditswallet.info
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Name : GreydonIselmoe
Post Count: 220
Rank: Member
Bitcoin Address: 1GreyVChLg47u5PQH3VKRfp56LWgVEHqw7
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Think I finally got it all synced up.
Requesting the promotional giveaway:
1JCnD1Wqar3pXHsS51aZhtsvkUw3h7bVFF
Thanks!
Great to hear it Kolloh |
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It is realy time for exchange now
in about 1-1.5 days the server which I am hosting the block explorer and web-wallet on, will be ready and live. At that point we will be petitioning exchanges! We hope to have news about us getting listed, by the end of the week |
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You mean this is the last week or it already ended the previous week?
If this is the last week, then till how many posts will I be paid?
I mean I enrolled for 80 max posts spot, so will I get paid for 80 posts or regular 50 posts?
EDIT: My account is now Sr. Member, so will I get paid being one or will I be paid at Full Member's rates only?
Meaning, the last payout is this Saturday, May 16th. you enrolled at 80 max posts, you will be paid up to 80 posts. You also get paid at Full Member rate until you change the signature to the Sr. member signature, and PM me when you have it changed, that way all future posts can be paid at Sr. member rate. Thanks |
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why i did not get my payment for my post before removed you said you will pay my post on saturday  and i see other participants which was removed didn't get it too I had explicitly said, I will pay you for constructive and quality posts. It has been in the OP for weeks now. When you make all of your posts in micro-earnings, saying the same thing over and over again about faucet payments, I don't consider that quality, I consider that spam. Sorry. |
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Unfortunately I have order from my higher power, that this signature campaign be discontinued this saturday.
THIS WILL BE THE LAST WEEK OF THE CAMPAIGN
Thank you and sorry for any trouble!
And because I KNOW I will be asked, yes, you will still get paid on saturday.
oh well it made my day sad, i was waiting to become a full member so i could join your campaign though now i see that i wont get a chance to do that Sorry  Maybe in the future we'll open another campaign ! |
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We have exchange?
Soon, but not yet. Soon my friend. |
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Unfortunately I have order from my higher power, that this signature campaign be discontinued this saturday.
THIS WILL BE THE LAST WEEK OF THE CAMPAIGN
Thank you and sorry for any trouble!
And because I KNOW I will be asked, yes, you will still get paid on saturday.
Reply my PM Sorry, but I have to remove you from the campaign. We don't like having active/possible scamming users enrolled and representing Credits. My apologies |
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Well I must admit I don't mind this coin concept so far and just out of curiousity was I supposed to prepare a deposit with the 10 CRE I was sent? because that's what I did with it lmao I thought I had to do that to increase my chances of finding a block and as for the GPU mining I don't have a Nvidia card so I'm stuck CPU mining until they can get the ASICS working for this coin Cheers The deposit is not needed up front, yet. This is because the deposit is less than the block reward, meaning the 19 CRE(or however large) deposit, will be subtracted from the 40CRE block reward. the 19 CRE will be returned to your wallet in 15000 confirmations! Once deposit value is HIGHER than the block reward, then you'll need to prepare deposits before mining |
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Unfortunately I have order from my higher power, that this signature campaign be discontinued this saturday.
THIS WILL BE THE LAST WEEK OF THE CAMPAIGN
Thank you and sorry for any trouble!
And because I KNOW I will be asked, yes, you will still get paid on saturday.
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Now wait a bit for all the GPU players to get a nice stash and then we'll an exchange appearing. It's all a bit predictable guys.
Well the difficulty update will have stopped the fast block creation speed, and as Gabriel said the deposit is in place for that exact reason. |
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I am backing out
Have you resolved your issues with your loaning party? He seems to think you're trying to scam him. Your payout is on hold until the issue is resolved. I haven't yet paid him back as the term was of 20th May. And please don't send my payment to him. I dont know why the hell my payment is on hold. It is nowhere related to all this. Your payment is on hold, because of the circumstances of your loan. You also have said you plan on gambling to get the funds, which will most likely result in you losing it and being more in debt. It makes more sense for me to pay out to your creditor Just don't give the money I earned to Neotox. Rather just give those away to some needy in begineers and help. This really sucks as I would use that money to pay back Neotox only. That was my plan to pay back through sig. campaign that's why I kept repayment date as 20th. And gambling point shouldn't be your problem. I know how to gamble and raise my btc through small amounts. Raising ~0.1 to 0.25 isn't tough. And that's my money. I can do whatever I want to do right? If I don't get this sig. campaign payment I might never be able to repay as this was the only way I could have repaid. And I request you to please release the payment. If not, just donate it to some newbies in Beginners and Help and that would make me happy. bahahaha, from the looks of it you are going to end up actually making negative money from your scamming spree and Neocox will end up recouping the majority of his loan. This just goes to show that scamming does not pay off......in your case literally  lol, I would have really tried to pay earlier but I don't think its worth paying early now as you have already made me red. I don't want Neotox to get that sig. campaign payment. I am posting in this forum because I want to. You got any problem? Can we keep this issue out of this thread, please. |
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Well I'm still here just mining away and watching but I'll pop by and say hi once and awhile cant wait for it to hit an exchange!  You should consider switching to the GPU miner, if you have a graphics card. You can get a considerably higher hashing rate! Ya see the shitty thing right now is the computer that I'm using for this is only a HD Intel graphics card so it's not very good for GPU mining ya know Well I've never mined with onboard graphics before, but it's probably not worth doing. I would stick to CPU mining, but you can always give it a shot |
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Well I'm still here just mining away and watching but I'll pop by and say hi once and awhile cant wait for it to hit an exchange! You should consider switching to the GPU miner, if you have a graphics card. You can get a considerably higher hashing rate! |
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So right now you can only use GPU mining on this coin? and what would the .conf file for solo mining look like? Are there talks about getting ASICS to be able to mine this coin as well?
There is talk about it, but won't be for a while. You can use your CPU or GPU to mine, yes. Here is the post explaining how to set up to mine with your GPU: http://bitcredit-currency.org/viewtopic.php?f=18&t=1776&p=2371#p2371 |
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