Creditbit team, can you explain creditbit and its benefits in few sentenses since alot of new people will be coming to check what it is about. Maybe a comparison to other, most popular alts, would also be good. So that people who are not ,,full time,, in crypto can learn why invest into creditbit.
The Press Release explains the benefits.But i will write some sentences with the most important.
1. X11 Algo (was Asic resistant at the PoW stage, now the PoW stage has ended and we are a pure PoS coin so we don't have issues with ASICs or 51% attacks)
2. It’s one of the most fastest coins with amazing fast confirmations.Bitcoin’s problem is the confirmations delays.Many times it needs 30 minutes to find one block and get one confirmation. Creditbit’s blocks are found every 30 seconds up to 1 minute from POS.
3. Merchant's ready through CoinPayments.net
4. 8% gain annually from POS (when banks gives only 1-2% and the most banks give nothing)
5. Only 12.3 million coins available from POW and up to 100 million total from POS.That means is a rare coin and at the same time it will have enough supply to cover the demand.Of course the produce of the rest coins until we catch the 100 million, will take many years.
If i forgot anything mmitech can add it!
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