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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 14, 2018, 05:35:54 PM
I think team has to focus its forces on the African country, it is the most promising area to speed up platform mass adoption as they are actually need it

But these countries are poor, they can't benefit the project

The most of consulting agencies are claiming that by 2050, more than 3 billion additional people will be living in what is now described as the developing world, thus opening up the broadest prospects for business openings. And African continent is one of them. Just think how it can affect project cap

I have heard that broad range of African nationals don't have Internet yet and you are talking about blockchain solutions...

It is possible to provide offline access to blockchain, it is not a problem and it can solve a really important issue of Africa, it is unbanked citizens
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 14, 2018, 05:30:36 PM
I think team has to focus its forces on the African country, it is the most promising area to speed up platform mass adoption as they are actually need it

But these countries are poor, they can't benefit the project

The most of consulting agencies are claiming that by 2050, more than 3 billion additional people will be living in what is now described as the developing world, thus opening up the broadest prospects for business openings. And African continent is one of them. Just think how it can affect project cap
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 14, 2018, 05:16:13 PM
I think team has to focus its forces on the African country, it is the most promising area to speed up platform mass adoption as they are actually need it
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 14, 2018, 05:04:41 PM
Will the CS token be involved in this business model focused on IOT industry?

According to the team info the use of token is possible only in certain use cases
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 14, 2018, 04:53:38 PM
Another day, another smoke screen to distract from failure to deliver mainnet.

Credits rents a few servers and calls it a partnership.
Almost feels like they enjoy being called a scam?
How is renting a few servers a partnership? XD

Also, nice to see that they change consensus rules last minute (shich is closed source anyway), and now apparently rent 200 nodes fron ibm.
Apparently they are moving to a Ripple like centralised and permissioned blockchain.

Will be nice to get all the cs fees from the txs, as the consensus will probably only select ibm cs nodes as main and trusted nodes.

Anyway, 17 more days to go for testnet 3.2, test 2 and 3, mainner and swap.
Lol.

Another day, another burak...

It's clear from the start that you haven't read the 2nd article on CS blog... You're just hopeless...
Again, you sold, no? Why do you care? Or you're that desperate and afraid that this project will be great success and you'll miss it so you anxiously want people or project itself to convince you it's real?  That's just pathetic...

I’m sorry but where on the IBM website does it show the “partnership”

Don’t you remember how ibm announeced Stellar?

And i’m just trying to prevent people from getting tricked into this scam(?) project

https://www.ibm.com/case-studies/credits-ibm-cloud-blockchain-performance
Here is a link to the official IBM website.

Exactly my point. All that is, is a “use case” on the ibm website, meaning a client story about how great ibm cloud is.

Ie MARKETING for ibm cloud

its not a partnership. they just using ibm´s cloud infrastructure. its like saying i have a partnership with google because im using google chrome.

bla bla bla, can you read? Is it possible that any their customer just mentioned on their official website? They are going to implement IOT business models together and will present joint MVP in the near future? Or is their Vice President liar? Don't think so, all announcements are agreed by the parties of the deal, they would easily sue the project if they spread false information, relax and accept that, it's much easier to raise some doubts than have a closer look to priority points, everything that you are saying is nonsense

Dont spread speculation as facts.

The fact is that credits claims a partnership whole all they do is use ibms platform and pay for it.


Until ibm confirms ibm is nothing but a supplier of credits

Time will show who is right, looking forward MVP which will be the most important proof of this partnership, no one is interested in your opinion, I do not understand your goal, if you are not interested in the project, why are you here and demostrating assumptions as the facts
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 14, 2018, 04:07:51 PM
Another day, another smoke screen to distract from failure to deliver mainnet.

Credits rents a few servers and calls it a partnership.
Almost feels like they enjoy being called a scam?
How is renting a few servers a partnership? XD

Also, nice to see that they change consensus rules last minute (shich is closed source anyway), and now apparently rent 200 nodes fron ibm.
Apparently they are moving to a Ripple like centralised and permissioned blockchain.

Will be nice to get all the cs fees from the txs, as the consensus will probably only select ibm cs nodes as main and trusted nodes.

Anyway, 17 more days to go for testnet 3.2, test 2 and 3, mainner and swap.
Lol.

Another day, another burak...

It's clear from the start that you haven't read the 2nd article on CS blog... You're just hopeless...
Again, you sold, no? Why do you care? Or you're that desperate and afraid that this project will be great success and you'll miss it so you anxiously want people or project itself to convince you it's real?  That's just pathetic...

I’m sorry but where on the IBM website does it show the “partnership”

Don’t you remember how ibm announeced Stellar?

And i’m just trying to prevent people from getting tricked into this scam(?) project

https://www.ibm.com/case-studies/credits-ibm-cloud-blockchain-performance
Here is a link to the official IBM website.

Exactly my point. All that is, is a “use case” on the ibm website, meaning a client story about how great ibm cloud is.

Ie MARKETING for ibm cloud

its not a partnership. they just using ibm´s cloud infrastructure. its like saying i have a partnership with google because im using google chrome.

bla bla bla, can you read? Is it possible that any their customer just mentioned on their official website? They are going to implement IOT business models together and will present joint MVP in the near future? Or is their Vice President liar? Don't think so, all announcements are agreed by the parties of the deal, they would easily sue the project if they spread false information, relax and accept that, it's much easier to raise some doubts than have a closer look to priority points, everything that you are saying is nonsense
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 12, 2018, 04:41:49 PM
Are there any prerequisites for starting to use blockchain in the automotive industry. It is the more proper industry for platform using start than banks, they raise huge amount of money every year..

Like an example - According to the Automotive Components Manufacturers Association of India, fake spare parts cause more than 20% of total car crashes. So yes, blockchain can solve one of these holes

Except protection from fake spare parts do you consider any other possible options for use blockchain in this sphere?

I'm considering that there is free space for IOT and blockchain innovations in logistics and navigation systems

You have talked about reducing of operational cost but can the use of blockchain create new abilities for monetisation?

btw Credits platform f.e. can enable consumers to save money through 'pay as you go' access to mobility and cheaper insurance based on usage and accurate data
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 12, 2018, 04:38:34 PM
Are there any prerequisites for starting to use blockchain in the automotive industry. It is the more proper industry for platform using start than banks, they raise huge amount of money every year..

Like an example - According to the Automotive Components Manufacturers Association of India, fake spare parts cause more than 20% of total car crashes. So yes, blockchain can solve one of these holes

Except protection from fake spare parts do you consider any other possible options for use blockchain in this sphere?

I'm considering that there is free space for IOT and blockchain innovations in logistics and navigation systems

You have talked about reducing of operational cost but can the use of blockchain create new abilities for monetisation?

Yeah. blockchain can be used to monetise data and derive more value from vehicles by increasing utilisation and selling unused space through car sharing
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 12, 2018, 04:26:33 PM
Can someone explain to me how private chains can be beneficial to CS and its investors? Like will they generate value to CS coin or something?

Anyone can help me with understanding of this?)

This kind of chain will be relevant for banking sphere or some authorities, so it can positively affect project's reputation and consistently will increase awareness around the world, do you understand what I mean? Wink
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 12, 2018, 04:16:11 PM
Are there any prerequisites for starting to use blockchain in the automotive industry. It is the more proper industry for platform using start than banks, they raise huge amount of money every year..

Like an example - According to the Automotive Components Manufacturers Association of India, fake spare parts cause more than 20% of total car crashes. So yes, blockchain can solve one of these holes

Except protection from fake spare parts do you consider any other possible options for use blockchain in this sphere?

I'm considering that there is free space for IOT and blockchain innovations in logistics and navigation systems
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 12, 2018, 03:24:23 PM
So 19 days to:
- launch testnet 3.2 (few days)
- announce test phase 2 (few days in advance to allow everyone to set up their nodes)
- run test 2 ( few days (they said max 20, which is already not possible)
- announce test phase 3 (few days)
- run test 3 (1 days)

I’m already 19+ days, but lets continue:
- launch mainnet (few days to prepare, ASSUMING nog large bugs or issues coming from test 2&3)
- do token swap (multiple weeks)

And then we also have christmas,, and we have new years eve (during which nobody will be working)
And we have 3 weekends (during which cs has proven to be not working)

So of the 19 days, i have effectively 13 left.
Deduct christmas and new hears eve, and I have 10 left.

10 days to run 2 tests, process all bugs found, launch mainnet, and do a swap.

Add to that credits’ consistent behaviour of ignoring deadlines, and the conclusion is:
- swap: not gonna happen before everything is stable is heavily tested, so aim for q2/3-19
- mainnet: likely q2/3-19
Test phase 3: likely q1-19
Test phase 2: likely q1-19
Testnet 3.0: likely end if q4

Prepare for a massive price drop when they, inevitably, communicate the delay on 31-12 (just like they did in july), as the moon sheeps following this project are too dumb to see this coming, and will sell in panic when their lambos dont arrive on 31-12.
Remember, if you discount it for the 6 months that have passed, almost 0 progress has been booked on the front-end (wallet has still bugs in v 2.2).
Back-end still shows errors and sync problems in v2.2. Add to that consensus protoal changes in v3.2 (really, right before mainnet launch you change consensus mechanism?)

Just compare it with Ziliqa, the amount of progress booked there is massive, as both projects started with testnet 1 before the summer holiday

You're wrong since the commence of your post, they don't celebrate any holidays in December, that's why your calculations are wrong, as a tester I have to say about substantial progress, I'm following all updates from the beginning and this is really huge, bugs on the front-end are minor as the bugs on the back-end, errors are possible on any stage, especially testnet phase, I'm sure they have more important development goals than bugs about which you are talking, you can't estimate a degree of changes in consensus without a closer look what developers are doing there, they are promising to fix them by the end of this week, if no, I don't care as the quality is the priority for me personally, I feel a huge potential here, your points are senseless and you are trying to create doubts for these "sheep", it's not fair boy, if you don't have an interest, just leave this place and don't try to be "hero" for public
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 12, 2018, 03:06:42 PM
Hello there, Hackathon participants will create dapps on Testnet 3.0 or miannet?

Hey there, I think they will be developing it on testnet right after its release.

And what about the amount of paticipants, did it increase? Last time there were 63

Botstorm said here amount of participants grew up to 150 or even more, it's pretty great amount tbh, and  that number was even before Ivan announced it in his video if I'm not mistaken, so I think there's even more)

Can someone clarify this? Or we should wait for official announcement about amount of participants? Is there any precise info at all about it?

I hope Credits team will announce the exact number of participants and the spheres they are going to create dapps

Over 160 developers from 28 different countries signed up. Credits developers team, the CTO Evgeniy Butyaev and Deputy CTO Konstantinos Sotiropoulos, have reviewed the participants’ projects that serve well for various industries, such as the Internet of Things, banking, logistics, insurance, payments, medicine, copyright protection, industrial, consumer goods and will be helpful for future of Credits ecosystem.
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 11, 2018, 08:08:04 PM
Are there any prerequisites for starting to use blockchain in the automotive industry. It is the more proper industry for platform using start than banks, they raise huge amount of money every year..

Like an example - According to the Automotive Components Manufacturers Association of India, fake spare parts cause more than 20% of total car crashes. So yes, blockchain can solve one of these holes
Can blockchain make cars and spare parts cheaper to manufacture?

Possible way of employing this technology in manufacturing is a self-performing smart contract, which keeps all documentation in a digital format, thus removing unnecessary workload. This robot does not need to be controlled by the factory management. Developers program the contract and ensure that all terms and conditions as well as possible implications are listed. For example, when materials are delivered to the production base, the amount payable is automatically remitted to the counterparty. Electronic contract is entered into using digital signature. Hard-copy paperwork does not apply at all. It will reduce operational cost and can affect actual cars value.

Are there any countries that have already recognised this approach and start its integration? India?

Prospects for blockchain employment have already gained recognition from Japan. AISIN group, a developer and producer of components and systems for the automotive industry, has announced it is setting up a fund ($50 mln) to support innovative technology in the automotive sector, primarily the blockchain. The fund is managed by Fenox.
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 11, 2018, 08:05:41 PM
Are there any prerequisites for starting to use blockchain in the automotive industry. It is the more proper industry for platform using start than banks, they raise huge amount of money every year..

Like an example - According to the Automotive Components Manufacturers Association of India, fake spare parts cause more than 20% of total car crashes. So yes, blockchain can solve one of these holes
Can blockchain make cars and spare parts cheaper to manufacture?

Possible way of employing this technology in manufacturing is a self-performing smart contract, which keeps all documentation in a digital format, thus removing unnecessary workload. This robot does not need to be controlled by the factory management. Developers program the contract and ensure that all terms and conditions as well as possible implications are listed. For example, when materials are delivered to the production base, the amount payable is automatically remitted to the counterparty. Electronic contract is entered into using digital signature. Hard-copy paperwork does not apply at all. It will reduce operational cost and can affect actual cars value.
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 11, 2018, 08:01:07 PM
Are there any prerequisites for starting to use blockchain in the automotive industry. It is the more proper industry for platform using start than banks, they raise huge amount of money every year..

Like an example - According to the Automotive Components Manufacturers Association of India, fake spare parts cause more than 20% of total car crashes. So yes, blockchain can solve one of these holes
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 11, 2018, 07:53:48 PM
What are your thoughts regarding blockchain business value in future?
Market research company Gartner estimates that blockchain value-add will grow to 176 billion dollars by 2025
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 11, 2018, 07:37:33 PM
What market is Credits oriented? I mean Asia, Europe or America?
it will be world domination Wink
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 11, 2018, 07:09:14 PM
Hello there, Hackathon participants will create dapps on Testnet 3.0 or miannet?

Hey there, I think they will be developing it on testnet right after its release.

And what about the amount of paticipants, did it increase? Last time there were 63

Botstorm said here amount of participants grew up to 150 or even more, it's pretty great amount tbh, and  that number was even before Ivan announced it in his video if I'm not mistaken, so I think there's even more)

Can someone clarify this? Or we should wait for official announcement about amount of participants? Is there any precise info at all about it?

I suppose it can reach 200 applications approx
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 07, 2018, 04:24:59 PM
Just imagine that you can make it unpaper, this would be real digital revolution

Here is the solutions that Credits team can offer:

The key distinctive characteristics of CREDITS are advanced smart contracts with a schedule and cycle programming option; the highest possible transaction speeds of up to 1 million per second and processing speeds of at least 0.01 of a second per transaction; low transaction fees, which can be as low as $0.001; 90% data compression ratio for saving disk space at nodes.

All members of the chain will be connected to the decentralized logistics app. Customs, carriers — everyone will become blockchain nodes with varying levels of data access. Everybody will be using gadgets with a preinstalled public key for information viewing. A private key will enable participants to make their own entry in the ledger or close a transaction using a digital signature.

That's great but it takes years, my idea with messenger is much better

Just look at this sheme posted above
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] on: December 07, 2018, 04:23:57 PM
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