What bad news do you mention in your statement? Only positive stuff was announced recently. Don't get your point of view.

One of the community supporters Xela, he has impressive technical background.

Smart contracts on Credits Platform

Nowadays a number of blockchain platforms is working on easy-to-use and functional smart contracts that play important role in blockchain technology development and its adoption.
 
Our developers have successfully  implemented a range of innovative improvements in existing smart contracts.Technically unique smart contracts will become a solid foundation of Credits platform and will help  start the implementation and distribution of decentralized applications based on the Credits blockchain in various application spheres.
 
Let’s take a closer look at what Credits smart contracts are  in details and explore the basic definitions and differences between smart contracts and traditional ones.

Full article: https://credits.com/en/Home/New_Ins/4193

Yes, they are planning to swap tokens by the end of December, they are in talks with Trezor and Nano Ledger

No, there are no details according to the team stuff, they are on the stage of negotiations btw it is great move to increase project's credibility and investors trust

It will start in November and last 20 days approximately, so I suppose the speed test will be conducted after that

What about further exciting events that CREDITS team is planning to attend?

My favourite part of the report

“We have carefully examined all the pros and cons of patent prosecution within the blockchain environment and decided to proceed with it. Credits is focused on protecting the developments that allow reaching the unique speed of 1,000,000 transactions per second, namely the transport protocol, consensus protocol and storage. Patent prosecution will allow to protect disruptive Credits technology from fraudulent use by third business parties. Yet it will still keep the technologies open and accessible to the whole world of individuals aiming to utilise blockchain”, explains Credits CEO & Founder Igor Chugunov.

I feel yes, Credits team will have rights to kick of their ass that's why it's so important to protect your intellectual property

Check the results of the previous testing round

Important report points:
1) Peak Number of 1,327,152 Transactions per second
2) Average number of 130,400 Transactions per second
3) Total amount of transactions - 305,136,000
4) Peak Number of 685,122 Transactions in a Single Block

This is many times more than their competitor have showed at present time, so make your own conclusions.

The most of partners that are already working on mainnet are under NDA, one of them is LeewayHertz which recently have presented joint development Social ID platform which is based on private chain currently.

Yeah peeps. The code is protected since the moment of application was filed, no one has the right to copy it and use it for any other blockchain, a very important decision of the team, I approve it

Recommend you to install it by yourself, nothing difficult and no any crazy technical stuff, according to my experience system behaviour is quite stable, transactions too fast for this universe, balances are displaying correctly, don't have patience to start mainnet nodes run

High speed is achieved with us
1. Asynchronous processing of data
2. The entry of the pool in the chain occurs after the validation of all transactions of this pool
3. The consensus algorithm is achieved through the use of low-level programming languages
4. Parallel processing of data

Basis of Credits platform is Dpos and bft, they mix features of these algorithms, implement new approach and create new consensus mechanism which has never been existing before, they are going to patent it, they have already filed the patent, check the recent news

Highlights of Credits project:

- Completed Red4Sec audit
- DLT (Distributed Ledger Technology) with dPoS + BFT.
- 1 Million+ transactions per second.
- 0.01% transaction fee.
- Transaction speed <1s.
- Autonomous Smart Contracts.
- API capabilities with Java/JavaScript smart contract ability.
- Nitin Gaur, the Director of Blockchain Labs, IBM is one of the main advisors.
- Platform and Security audit by FP Complete and Red4Sec auditing firms.
- Earn rewards for maintaining main nodes and trust nodes. No coins required for nodes!

 

-- Fixed a bug that caused the monitor and the desktop wallet to display negative balances.
-- The minimal fee for a transaction increased.
-- Fixed a bug where executing a smart contract after the previous execution of the same contract failed required node restart.
-- Fixed a bug that caused the node to be using the incorrect public key for networking on the first launch (once the keys were generated). Also it is now possible to specify paths for public and private key files explicitly (using "--public-key-file" and "--private-key-file" respectively). The node checks that the specified public key matches the private key (and offers to fix the problem if detected).
-- Fixed a bug that caused the node to crash upon receiving a block when restarting fast enough.
-- Fixed a bug where the API handler could not bind to a port on Windows upon node restart.
-- Berkeley DB now links statically on Windows.
-- Minor network security and stability improvements.

CREDITS rocks!

Igor Chugunov is on a mission to build a platform that makes smart contracts fast, cheap, and scalable. Though Ethereum was a great innovation, its contracts take time to execute. Credits drastically reduce the cost to 0.0001 USD. It claims to process millions of transactions per second. They also offer great tools for developers to simplify developing dApps on smart contracts. They also support the cyclic process, the ability to execute instructions at regular intervals. You can read more about their mission in their white paper.

https://hackernoon.com/7-rising-leaders-in-the-crypto-industry-you-need-to-know-de0e2ce0d8c9

This is the most important news to prove credibility of this project. Nice job! Many thanks for that.

Exact amount of salary will be determined after direct interview and placing KPIs. Official Credits Ambassadors will receive payment in Credits (CS) tokens which will be locked for 6 months. Just vesit website lol DYOR