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Author Topic: [ANN][CRB] Creditbit - ERC20 token  (Read 326529 times)
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gobbi
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February 14, 2017, 08:08:56 AM
 #1221

First post but long-time lurker of these forums. Just posting to introduce myself and say Hi Smiley

I'm a huge advocate of cryptocurrencies in general and have used/owned Bitcoin (and various other altcoins) for a number of years.

Been following CRBIT's development closely lately and I like the way this is going!

NIce to have new fans of Creditbit, VanAllen you are welcome. Creditbit is getting bigger and soon we are moving on ethereum platform with new features.

CHANGE — First Decentralised Global Crypto Bank | ICO | DISCUSSION
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LowByter
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February 14, 2017, 01:09:43 PM
 #1222

Join us more at slack:

creditbit2.slack.com

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February 14, 2017, 03:37:05 PM
 #1223

Thanks muchly for the welcome gobbi! Smiley


How does one get an invite to the Slack team LowByter?
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February 14, 2017, 04:07:33 PM
 #1224

Hi,
anyone any suggestions on how to renew or redefine a password on the creditpay wallet?
I have written it down, but it seemed that my thumb was to thick when i first entered it into the wallet.

Now I can´t send any creditbit to anywhere...
Looks like i sadly killed some coins? Cry Cry Cry
thx.
t.

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February 14, 2017, 05:02:12 PM
 #1225

Hello!

Can somebody please tell me on which pool you guys are mining ?
Asking because the official pool (https://pool.creditbit.org/) seems to be down...

Thank you!

▬▬▬▬▬▬▨▨ THECRYPTOCHAT ▨▨▬▬▬▬▬▬
YOUR CONNECTION TO EVERYTHING CRYPTO
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February 14, 2017, 05:02:44 PM
 #1226

I have the same problem with the CP wallet today. Password works for backup though, but not for sending. Any ideas?

Thanks
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February 14, 2017, 05:53:25 PM
 #1227

Hello!

Can somebody please tell me on which pool you guys are mining ?
Asking because the official pool (https://pool.creditbit.org/) seems to be down...

Thank you!

If you read some posts back,this coin is solo POS now!
I think mining end in may 2016!
Now only solo pos!

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February 14, 2017, 08:52:48 PM
 #1228


Dear Community,

we would like to further explain some details about Proof of Trust/Pawn, a locking mechanism, that is one of the core attributes of future CreditBit token.

Two modes of tokens
Each wallet (more precisely: each public address) will have two balances. Both balances belong only to this public address.
First balance is representing transferable tokens, similar like at other currencies. Second balance is representing “locked” tokens, that are not transferable. Balance is the sum of several batches of tokens, each locked for a different period of time. After the expiry of a locking period, each batch of previously locked tokens is moved to first, transferable balance.

“Lock” on the batch of tokens is an item by itself. It can be created only by trustworthy entities, that in practice represent distribution mechanisms or CreditBit DAO organization and with a prior consent of tokens owner. If and when an owner of tokens voluntary enters a distribution or voting mechanism with predefined batch of tokens, he lock them for a predefined period of time. In other words: if an owner of tokens wants new tokens or wants to vote, he/she has to lock a certain amount of his tokens and thus show his trust in the Community. Locked tokens are not lost, only their transferability is restricted for a certain time period.

Trust with locking?
Several good currencies with brilliant ideas were destroyed due to market manipulations. Our community tends to support responsible behaviour, based on mutual trust. Long position on tokens bares some level of risk. With locking your tokens for months or even for a week you show your respect and trust into the community.

Bounties for developers and promoters will be payed out in locked tokens. Locking period will prevent instant dump on the market, helping currency to reach stability and proper value. We would like to spread risk/trust among all participants in our community.

Same principle will be in effect for voting in CreditBit DAO. In order to participate in DAO voting, owners will have to lock certain amount of tokens. Votes will be pounded with the amount of locked tokens, therefore linearly dependent on the trust.

Transferable Lock
An owner will have an ability to transfer a right to unlock (ownership of a “lock”) a certain amount of locked tokens to other entity. Lock itself is thus a transferable entity, but the transfer does not affect the current ownership or transferability of locked tokens. This only means, that after the expiry of the locking period, an entity, that became a new owner of a lock, will have the right to unlock and transfer this tokens simultaneously to an address of choice.

Degree of Trust
Degree of Trust is the ratio between sum of all locking tokens periods and all existing tokens. More locked tokens for longer periods, higher Degree of Trust. A constant or at least slowly changing Degree is a desirable state, that we tend to achieve.

DoT = SUM(NLi*LTi) / N

DoT … Degree of Trust
NLi … amount of locked tokens in a batch
LTi … remaining locking period for this batch
N … all tokens in existence

The distribution and other mechanisms will take into consideration an amount of currently locked tokens. Quantitative easing with distributing either free or locked tokens will counteract falling currency supply and prevent induced deflation.

Hope you enjoyed reading...
...and... happy Valentines day  Wink

P.S.: We promised on Slack to post about "Video script" task. The task is prepared, but it was not seen and approved by all dev-team members yet. Expect it on Thursdays post.
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February 14, 2017, 09:00:10 PM
 #1229

All community,just receive this great video!
gift from one Crbit holder!
WOW

http://www.dailymotion.com/video/x5bsyg7

Please share,put it on yutube,and every where!

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February 14, 2017, 10:55:15 PM
 #1230

What date is planned transition to the Eth?

.
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February 14, 2017, 10:58:26 PM
 #1231

What date is planned transition to the Eth?

See  roadmap man. 08.03. 2017 its posted few days or weeks ago.
We cant wait,then all will see its all true and not a joke!

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February 15, 2017, 02:14:58 AM
 #1232

Thanks muchly for the welcome gobbi! Smiley


How does one get an invite to the Slack team LowByter?

PM creditbit-dev with your email address and you should get an invite.

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February 15, 2017, 05:24:52 AM
 #1233

Make sure to check out NEW CRBIT video! The community is growing very fast: http://www.dailymotion.com/video/x5bsyg7

Also check out BitcoinRush on Creditbit 2.0, now w/ 11,500+ views: https://vid.me/AHLF

... and more is coming soon. The dev's are working hard <
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February 15, 2017, 11:34:27 AM
 #1234

With all this amazing development I think creditbit will easily hit $1 in 2017. This is only the beginning!

Big thanks to the awesome dev team! Smiley
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February 15, 2017, 06:55:06 PM
 #1235

With all this amazing development I think creditbit will easily hit $1 in 2017. This is only the beginning!

Big thanks to the awesome dev team! Smiley

Real nice to hear that from cryptocurrency expert that have respected name in crypto world!

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LowByter
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February 15, 2017, 08:20:27 PM
 #1236

With all this amazing development I think creditbit will easily hit $1 in 2017. This is only the beginning!

Big thanks to the awesome dev team! Smiley

1$ is modest considering it got to 0.3$ on just talk and promises Smiley

When talk turns to results I think it will be much more Smiley

LowByter
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February 15, 2017, 08:36:17 PM
 #1237

Last year I went to China on a holiday to explore their culture a little...one thing stands out and that is their addiction to gambling...they are gambling all over and playing some strange games.

So I was thinking today...since CreditGame is coming, isn't the most obvious market China?

And since it's coming down the road shouldn't it be good for CreditBit to make appearance on some Chinese exchanges? Paired with yen?

Then we will have CreditBay...linked to the largest market in the world, we buy tons of stuff from China, imagine if we could pay with cbit instead of dollars,they produce 99% of small things we all need, imagine the market reach...imagine if they then spend those cbits playing CreditGame!!! Potential in China is astronomical!

Large market amd gaming addiction...seems like a winner to me.

We need Chinese exchanges ASAP in order to bring cbit to the next level!

Any thoughts?

DXB2017
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February 15, 2017, 09:07:56 PM
 #1238

Community, here is the site you can order more and more videos for Creditbit!
https://www.fiverr.com/
You can get it real cheap!
Dev team,use them..for few $ you can explain to everybody what you mean. Wink

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Panther66
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February 15, 2017, 09:55:18 PM
 #1239

Hi everybody,

I got the information, that there is going to bee a new pair ETH/CRB on Livecoin exchange in the comming days (already confirmed fro Livecoin)...obvious another good news. Cheesy. This should push the buy support hopefully to a higher level. All ETH miners/holders will be able to get CRB by through direct conversion convert from ETH...

...feeling positive Cheesy

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February 16, 2017, 04:25:23 AM
 #1240

Hi everybody,

I got the information, that there is going to bee a new pair ETH/CRB on Livecoin exchange in the comming days (already confirmed fro Livecoin)...obvious another good news. Cheesy. This should push the buy support hopefully to a higher level. All ETH miners/holders will be able to get CRB by through direct conversion convert from ETH...

...feeling positive Cheesy




Yeah That is true, i cant wait that.
I am sure soon more different pairs will be there with creditbit.
Soon i hope we will see also CRB/yuan

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