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Author Topic: [ANN][CRB] Creditbit - ERC20 token  (Read 365067 times)
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DXB2017
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November 23, 2017, 10:45:34 PM
 #3321

What is purpose of this coin? You are working on 2.0 version, but for what reason? What's different in Creditbit?
IMHO - just onother useless ERC20 token.


1.read white paper!
2.when was x11 coin price was 0.005$ ! Dead coin! Look price and volume now!


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November 24, 2017, 09:52:28 AM
 #3322

Dear Community,

as we are developing and testing DAPP in these days, we are adding some real-time photos, of how it looks like:

https://prnt.sc/hed3gq
https://prnt.sc/hed3xc
https://prnt.sc/hed4ac
https://prnt.sc/hed4pa


Hope you like it.

We wanted to share with you a short explanation what is DAPP, to clarify for those who are newbies in the community.

DAPP is an abbreviated form for decentralized application.

A DAPP has its back end code running on a decentralized peer-to-peer network. Contrast this with an app where the back end code is running on centralized servers. A DAPP can have front end code and user interfaces written in any language (just like an app) that can make calls to its back end. Furthermore, its front end can be hosted on decentralized storage such as Swarm or IPFS.
If an app=frontend+server
since Ethereum contracts are code that runs on the global Ethereum decentralized peer-to-peer network, then:
DAPP = frontend + contracts


Making an Ethereum-backed web application gives you several things for free:

Payment processing: No need to integrate with Stripe or PayPal to accept funds from users. All users can send/receive Ether as a common payment means.

User Credentials:
Users don't need to sign up; they already have an account, which is a public/private key to bind with their user session and metadata.

Database:
Storing a lot of data in the blockchain is expensive, so likely the blockchain isn't going to be the only database for the application, but mission-critical pieces of data can be stored forever on the blockchain.

Logging:
Etherum contracts can create their own logs, which a DApp can query to know what's happened in the past, rather than needing to create separate logs.

Trust:
Your users can trust your code, since not only is the front-end (Javascript) code visible (via browser inspection tools), but the back-end logic (contract code) can be inspected too, so it can be independently verified that your code doesn't have backdoors in it to steal all their funds.
If you're planning on using any of these in your application, either initially or long-term, building as Ethereum-backed (a DApp) gives it a nice head-start.

https://imgur.com/a/51d4N

yours CreditDev team
LowByter
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November 24, 2017, 01:51:08 PM
 #3323

Thanks devs!!!! Can’t wait to start using dapp!

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November 25, 2017, 04:45:21 AM
 #3324

Dear Community,

as we are developing and testing DAPP in these days, we are adding some real-time photos, of how it looks like:

https://prnt.sc/hed3gq
https://prnt.sc/hed3xc
https://prnt.sc/hed4ac
https://prnt.sc/hed4pa


Hope you like it.

We wanted to share with you a short explanation what is DAPP, to clarify for those who are newbies in the community.

DAPP is an abbreviated form for decentralized application.

A DAPP has its back end code running on a decentralized peer-to-peer network. Contrast this with an app where the back end code is running on centralized servers. A DAPP can have front end code and user interfaces written in any language (just like an app) that can make calls to its back end. Furthermore, its front end can be hosted on decentralized storage such as Swarm or IPFS.
If an app=frontend+server
since Ethereum contracts are code that runs on the global Ethereum decentralized peer-to-peer network, then:
DAPP = frontend + contracts


Making an Ethereum-backed web application gives you several things for free:

Payment processing: No need to integrate with Stripe or PayPal to accept funds from users. All users can send/receive Ether as a common payment means.

User Credentials:
Users don't need to sign up; they already have an account, which is a public/private key to bind with their user session and metadata.

Database:
Storing a lot of data in the blockchain is expensive, so likely the blockchain isn't going to be the only database for the application, but mission-critical pieces of data can be stored forever on the blockchain.

Logging:
Etherum contracts can create their own logs, which a DApp can query to know what's happened in the past, rather than needing to create separate logs.

Trust:
Your users can trust your code, since not only is the front-end (Javascript) code visible (via browser inspection tools), but the back-end logic (contract code) can be inspected too, so it can be independently verified that your code doesn't have backdoors in it to steal all their funds.
If you're planning on using any of these in your application, either initially or long-term, building as Ethereum-backed (a DApp) gives it a nice head-start.

https://imgur.com/a/51d4N

yours CreditDev team


Nice Work Team! Liking this project more and more Grin

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November 25, 2017, 05:55:42 PM
 #3325

Dear Community,

as we are developing and testing DAPP in these days, we are adding some real-time photos, of how it looks like:

https://prnt.sc/hed3gq
https://prnt.sc/hed3xc
https://prnt.sc/hed4ac
https://prnt.sc/hed4pa


Hope you like it.

We wanted to share with you a short explanation what is DAPP, to clarify for those who are newbies in the community.

DAPP is an abbreviated form for decentralized application.

A DAPP has its back end code running on a decentralized peer-to-peer network. Contrast this with an app where the back end code is running on centralized servers. A DAPP can have front end code and user interfaces written in any language (just like an app) that can make calls to its back end. Furthermore, its front end can be hosted on decentralized storage such as Swarm or IPFS.
If an app=frontend+server
since Ethereum contracts are code that runs on the global Ethereum decentralized peer-to-peer network, then:
DAPP = frontend + contracts


Making an Ethereum-backed web application gives you several things for free:

Payment processing: No need to integrate with Stripe or PayPal to accept funds from users. All users can send/receive Ether as a common payment means.

User Credentials:
Users don't need to sign up; they already have an account, which is a public/private key to bind with their user session and metadata.

Database:
Storing a lot of data in the blockchain is expensive, so likely the blockchain isn't going to be the only database for the application, but mission-critical pieces of data can be stored forever on the blockchain.

Logging:
Etherum contracts can create their own logs, which a DApp can query to know what's happened in the past, rather than needing to create separate logs.

Trust:
Your users can trust your code, since not only is the front-end (Javascript) code visible (via browser inspection tools), but the back-end logic (contract code) can be inspected too, so it can be independently verified that your code doesn't have backdoors in it to steal all their funds.
If you're planning on using any of these in your application, either initially or long-term, building as Ethereum-backed (a DApp) gives it a nice head-start.

https://imgur.com/a/51d4N

yours CreditDev team


Nice Work Team! Liking this project more and more Grin

yes the Team doing really good job, the community is growing but slowly,i bought crb between 20 and 25k and always holding, if this CRB go high then theere is no time to buy at the currently price:)


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masstahcoiner
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November 26, 2017, 08:49:46 AM
 #3326

Credibit is rising Smiley  nice to see that 
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November 26, 2017, 10:33:41 AM
 #3327

yeah Credibit is rising nice to see that
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November 27, 2017, 02:40:30 AM
 #3328

when creditbit will go back to the 50k price at bittrex???  it has been long enaugh its price is going down..
but will it come back ??

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November 27, 2017, 05:32:17 PM
 #3329

when creditbit will go back to the 50k price at bittrex???  it has been long enaugh its price is going down..
but will it come back ??

When someone will start to pump ...

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November 28, 2017, 01:11:55 PM
 #3330

when creditbit will go back to the 50k price at bittrex???  it has been long enaugh its price is going down..
but will it come back ??

When someone will start to pump ...

who's will do it??  Grin ,,
six months have passed, the price is getting down,, badly..
never pump.

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November 28, 2017, 01:26:25 PM
 #3331

Dear Community,

as our DAO members are already in full working mood we are sharing this months thoughts on Crypto currencies from one of our member mr.Drapal Andrej. Please read and let us know what you think!


Mora about mr. Drapal:

ANDREJ DRAPAL
Andrej Drapal puts together extremely various studies and professional engagements from the past to present. He was active as publisher and editor in student times. He was widely publicised author of critical essays in culture, arts and civic affairs. He was theatre and film producer. He was co founder of first and still largest and most respected public relations and marketing agency in Sloevenia. He founded first professional lobby association in Slovenia. He founded Chamber of professional services of Slovenia. He was member or president of various boards among them president of National Gallery board for 2 mandates and is member of Ljubljana festival program board. He served as consultant for more than 200 Slovenian and international companies. His method lies on solid philosophical foundations (he studied philosophy), neuroscience, evolutionary theory and contemporary liberal economy foundations.

His post:

Crypto currency values

With the announcement that Bitcoin reached $9.000 mot probably $10.000 when this post is read by anyone, the question of what is "the real" value of Bitcoin Ethereum or altcoins is going to reach highs in parallel.

Me, being a tender novice to crypto world and to blockchain world, and at the same time with no inclinations towards capital markets derivatives and futures and feeling and understanding hashtag as a kind of obscure hobbit lurking from a computer screen not understanding a bit of its DNA, cannot really discuss questions of digital (technology) currency (finance). But I will. From the position of value creation that is the central issue of branding and business modeling. And I do tend to understand myself as one that is involved in branding issues daily.

First of all, there are two values of cc. (cryptocurrency) on the market. First one is exchange value of each currency. There are around 1300 such currencies on the market at the moment. Site conmarketcap.com looks behaves like forex page, each cc. being a state with its own currency. I will leave aside at the moment the question whether cc. currencies based on ICO are not in fact as many FIAT currencies as Dollar or Euro.

What makes cc. crucially different from offline currencies it that there are decentralized. But then: what prevents states being decentralized? They could in principle. So, the mere fact that cryptocurrencies are decentralized does not make them that much different from offline currencies. They behave like national fiat currencies that can be exchanged among each other on the basis of their exchange value. This means that most probably since there is no central authority behind any of them, they will unlike offline currencies merge and emerge over time.

But what creates the value that defines their exchange value?

Part of the question lies in the fact that cc.s' are fiat currencies if they are based on ICO's. Why? Because they rest on debt towards investors. They are nothing but futures at the same time. The debt that makes the basis of cc.s' are future services that are going to be monetized through each of cc. But while we know that the USA is never going to pay all debts on which Dollar is resting, we do not know whether particular cc. is going to create a service that value of which is going to fill the gap towards market capitalization of this particular cc. It might, but as well it might not. In later case, investors are going to lose. But only investors in specific cc.

And here we come to the second, more important value of most of the cc.s' and especially altcoins. While Bitcoin and Ethereum (and some other cc.'s as well???) do not have any specific service as a backbone value creation device behind, a majority of altcoins rest on ICO that had specific service promise as its pitch. And this is first really an important difference from offline currencies, at least from my point of view. Altcoins are behaving like a Dollar that could serve as a coin for toothpaste, airfare or gold.

If this is true, and I am not at all certain that this is true, then we might come up with zillions of different cc.s', each one for one product or service or each one for few of them. Should that happen then the question of the intrinsic value of such currency would evaporate since such value would be a capital/market value of such service or product?

As we all know, there are offline projects that behave like Altcoins. Various local currencies have developed all around the world that tends to represent more intrinsic value than national currencies, but are confined to be exchanged for specific local products or municipal services only. Cryptocurrencies thus from my point of view bring nothing new, but blockchain decentralization backbone. And as we all know; this backbone really makes difference for no offline local product based currency passed the test of time. Well, we could not say that 10 years of cc.s' proves the test of time, but what is proven is that local and particular events became instantly global through this decentralized technology only.

So, at the end it is true that cc.s' cannot inflate since the final distribution amount is defined at the very beginning and cannot be changed, and should thus not be subjected to offline currencies inflation, but since there are in principle no restrictions for introductions of new cc.s', the inflation is necessary on the level of all of them. On the other side, we know that due to market principles, that govern the decentralized digital world as much as offline analog worlds, inflation is going to be self-regulated due to intrinsic link between each cc and its products and services.

Tlak to you soon.

Yours CM
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November 28, 2017, 03:59:44 PM
 #3332

when creditbit will go back to the 50k price at bittrex???  it has been long enaugh its price is going down..
but will it come back ??

When someone will start to pump ...

who's will do it??  Grin ,,
six months have passed, the price is getting down,, badly..
never pump.


This project is not just some random pump and dump, this is real team with really good project on eth blockchain, the idea is really good with many opportunities for growth and soon big update is coming.  I believe this project will reach $10 by next summer.
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November 29, 2017, 07:30:48 AM
 #3333

Credibit price today 29 Nov 2017
$0.403037 USD (6.38%)
0.00003851 BTC (0.41%)
0.00086748 ETH (10.01%)
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November 29, 2017, 08:23:02 AM
 #3334

Great and thanks creditbit-cm for updates from creditbit DAO memer.

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November 29, 2017, 09:33:45 AM
 #3335

when creditbit will go back to the 50k price at bittrex???  it has been long enaugh its price is going down..
but will it come back ??

When someone will start to pump ...

who's will do it??  Grin ,,
six months have passed, the price is getting down,, badly..
never pump.


This project is not just some random pump and dump, this is real team with really good project on eth blockchain, the idea is really good with many opportunities for growth and soon big update is coming.  I believe this project will reach $10 by next summer.

hopefully its better progress and price get rise ,, im waiting that moment and next update. great team...

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narnar
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November 29, 2017, 03:54:20 PM
 #3336

Who is Satoshi Nakamoto ?

New world money will not be bitcoin

Only CreditBit example is enough

The world will be shocked in 2020
mozerro
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November 29, 2017, 04:32:51 PM
 #3337

the price decreases quickly what happen?  Huh
narnar
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November 29, 2017, 06:10:11 PM
 #3338

nobody can grow fast
Time shows everything
dash is now $ 700 after 2.5 years
CreditBit-cm
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November 30, 2017, 10:27:27 AM
 #3339

Matic Tovšak, our DAO Memeber, shares his view on CRB in next article.

More about Mr. Tovšak:
Matic Tovšak graduated in 2011 at the Faculty of Computer and Information Science (University of Ljubljana) from the field of discrete mathematical models and algorithms for stock options valuation. After graduation, he acquired a job at the Faculty of Computer and Information Science in the Computer Vision Laboratory, where he worked as a development engineer in the field of bio metrics (development of a fingerprint verification system). Working as a development engineer, he attended conferences ERK (International Electronic and Computer Science Conference) 2012 and ROSUS 2012. He has huge amount of experience in field of the world financial markets and the mechanics of the financial derivatives. His knowledge was also applicable in variety of industries one of his favourite was currency exchange market.

Where do we see CreditBit in the future

Despite the fact that cryptocurrencies attracted quite a growing investor following and media
attention in the past few years, a certain questions regarding their future and their usability remain
opened. As an alternative to Bitcoin, a large number of companies emerged and launched their own
cryptocurrencies. This brings us to CreditBit, which is an open source project and also a new
Ethereum based ERC 20 compliant token with a lot of attracting features. And although its features
make it an interesting value at the moment, in the future we would very much like to see it not only
as a speculation capital dormant in a digital wallets of its owners in the hope of increasing its future
exchange value, but rather taking it to the point where market participants could see it as a stable
and trusted store of value. Judging by the list of companies that accept digital currencies (namely
Bitcoin) at the moment, such statement doesn't come over as presumptuous at all. The problem that
still persists is that with a fluctuating value and questionable liquidity, such funds can either help or
hurt the company that accepts them. Since majority prefer stability over volatility, there are still a lot
of people and companies that are not comfortable with a thought about moving their assets into
something with extreme daily fluctuations of their net worth and poor liquidity. The aforementioned
issue could be addressed through an intermediary market making entity that would provide a
purchase and sale solutions for investors by holding a larger volume of an a instrument in order to
keep the market liquid, hence satisfying the supply and demand of the market.
In this context, CreditBit should strive to improve its usability and ultimately reach a point in future
where we could see it not only as a more stable (less volatile) and easy enough for consumers to
understand but mainly as a trusted store of value with an adequate degree of safety.

Share your thoughts with us.

Rg,

Yours CM
Ofcifreak
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November 30, 2017, 11:06:04 AM
 #3340

What is purpose of this coin? You are working on 2.0 version, but for what reason? What's different in Creditbit?
IMHO - just onother useless ERC20 token.


1.read white paper!
2.when was x11 coin price was 0.005$ ! Dead coin! Look price and volume now!



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