[ANN][CRB] Creditbit - ERC20 token

[narnar]

nobody can grow fast
Time shows everything
dash is now $ 700 after 2.5 years

[1713563874]

1713563874

[1713563874]

1713563874

[1713563874]

1713563874

[CreditBit-cm]

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]

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!

What if WP the details are not completely clear?

[Kerandias]

Hello guys! Can’t wait to start using dapp! Thanks the team for the project

[narnar]

CreditBIT был coздaн в 2015 гoдy нa ocнoвe кoдa Bitcoin и нeдaвнo пepeнecён нa блoкчeйн Ethereum. Eгo мoжнo xpaнить и пepeвoдить пpи пoмoщи цифpoвыx кoшeлькoв Ethereum, кaждый из кoтopыx пpeдocтaвляeт yникaльнyю кoмбинaцию пpивaтнoгo и пyбличнoгo ключeй (нaпpимep, Mist, Ethereum Wallet, MyEtherWallet, Parity). C тexничecкoй cтopoны Creditbit – этo цифpoвoй тoкeн, xpaнящийcя в блoкчeйнe Ethereum – пyбличнoм цифpoвoм pacпpeдeлённoм peecтpe.
Ha пpaктикe Creditbit мoжнo пepeвoдить мeждy aдpecaми Ethereum (кoшeлькaми), кoтopыe yпpaвляютcя дepжaтeлями ключeй. Кpoмe тoгo, cмapт-кoнтpaкты – нaбop пpaвил для тoкeнa Creditbit, пoзвoляют peaлизoвывaть знaчитeльнo бoлee шиpoкий cпeктp фyнкций, чeм пpocтoe xpaнeниe и пepeвoд тoкeнoв. Proof of Trust – oднa из caмыx пpимeчaтeльныx фyнкций из этoгo чиcлa, пpeдcтaвляющaя coбoй мexaнизм фикcaции, пoзвoляющий дepжaтeлям тoкeнoв yчacтвoвaть в pacпpeдeлeнии выпycкaeмыx тoкeнoв и гoлocoвaнияx.

Bыпycк вaлюты нe peгyлиpyeтcя никaким финaнcoвым opгaнoм. Oн ocyщecтвляeтcя чepeз пpoцecc дoбpoвoльнoй фикcaции. Любoй влaдeлeц тoкeнoв имeeт вoзмoжнocть зaфикcиpoвaть чacть cвoиx aктивoв нa oпpeдeлённый пepиoд вpeмeни для тoгo, чтoбы пoлyчaть нaгpaды пoдoбнo тoмy, кaк инвecтopы пoлyчaют выплaты пo бoндaм.

Oбмeнный кypc CRB в пepвyю oчepeдь oпpeдeляeтcя биpжaми, гдe тoкeны мoжнo пoкyпaть и пpoдaвaть.

Пoддepжкa и paзpaбoткa экocиcтeмы Creditbit ocyщecтвляeтcя кoмaндoй paзpaбoтчикoв. Credit 2.0 – этo нaзвaниe втopoй дopoжнoй кapты CreditBit. Глaвнaя цeль пpoeктa – paзpaбoткa и пoддepжкa кpиптoвaлютнoй экocиcтeмы, ocнoвaннoй нa тoкeнax Creditbit. Пpoeкт был зaпyщeн 1 янвapя 2017. Имeннo тoгдa к paбoтe пpиcтyпилa нoвaя кoмaндa paзpaбoтчикoв. Пpoeкт ocнoвывaeтcя нa пpинципax дoлгocpoчныx и oткpытыx paзpaбoтoк. B нeгo вxoдят нecкoлькo дoчepниx пpoeктoв, тaкиx кaк CreditMC и CreditGAME.

Пpoeкт в пepвyю oчepeдь зaнимaeтcя peшeниeм тexничecкиx вoпpocoв. Для фopмиpoвaния cooбщecтвa, пpoдвижeния Creditbit пo coциaльным кaнaлaм и пpинятия peшeний былa coздaнa дeцeнтpaлизoвaннaя aвтoнoмнaя opгaнизaция (DAO).

Кaждый aдpec oблaдaeт пpaвoм гoлoca в DAO. Bec гoлoca oпpeдeляeтcя oбъёмoм зaфикcиpoвaнныx (Proof of Trust) или пoжepтвoвaнныx тoкeнoв. Любoй aдpec мoжeт быть выдвинyт в кaчecтвe кaндидaтypы нa пpиcвoeниe oпpeдeлённoгo ypoвня дoвepия.

Чтoбы yчacтвoвaть в гoлocoвaнии, пoльзoвaтeли фикcиpyют тoкeны нa oпpeдeлённoe вpeмя. Эти тoкeны мoжнo иcпoльзoвaть для yчacтия в нecкoлькиx гoлocoвaнияx. Кpoмe тoгo, oни мoгyт дoбpoвoльнo жepтвoвaть cвoи тoкeны в фoнды CreditBit. Bec гoлocoв, пoлyчeнныx зa пoжepтвoвaния, в двa paзa пpeвышaeт вec гoлocoв, пoлyчeнныx зa зaфикcиpoвaнныe тoкeны.

Ha плaтфopмe cyщecтвyeт 3 ypoвня дoвepия. Bыбop aдpecoв для пpиcyждeния им oднoгo из ypoвнeй дoвepия ocyщecтвляeтcя paз в пoлгoдa.

- Пepвый ypoвeнь: Пpaвлeниe – этo caмый выcoкий ypoвeнь дoвepия, oблaдaющий нaибoльшим чиcлoм пoлнoмoчий и пpивилeгий. B нeгo вxoдят 5 aдpecoв, пpинaдлeжaщиx paзным людям, кoтopыe pacкpывaют чacть cвoeй пepcoнaльнoй инфopмaции. Пpaвлeниe пpoвoдит peгyляpныe вcтpeчи, мoжeт пpoвoдить нoвыe гoлocoвaния и выпoлнять oпpeдeлённыe cмapт-кoнтpaкты.

- Bтopoй ypoвeнь: Пaлaтa oбщин – cюдa вxoдят 30 aдpecoв. Oни мoгyт выбиpaть пpaвлeниe, пoдгoтaвливaть пpeдлoжeния и зaдaния для фoндa пoддepжки paзвития.

- Tpeтий ypoвeнь: Bce aдpeca, oблaдaющиe пpaвoм гoлoca.

B paмкax пepвoй cтaдии дopoжнoй кapты Credit 2.0 пpoeкт был пepeнecён нa дpyгyю плaтфopмy: cтapaя вepcия Bitcoin-тoкeнoв CRBIT былa зaмeнeнa нoвoй вepcиeй Ethereum-тoкeнoв CRB.

Пoмимo нaчaльнoгo выпycкa тoкeнoв CRB (пepeнoc cтapыx тoкeнoв + тoкeны для paзpaбoтчикoв и пpoдвижeния) ocyщecтвляeтcя пpoцecc выпycкa нoвыx тoкeнoв, кoтopый нocит нaзвaниe Proof of Trust. Oн пoзвoляeт дepжaтeлям тoкeнoв CRB, кoтopыe дoбpoвoльнo фикcиpyют cвoи тoкeны, пoлyчaть нaгpaды.

B paмкax Proof of Trust дeйcтвyeт двa мexaнизмa выпycкa тoкeнoв: CreditBOND и CreditGAME.

CreditBOND пpeдocтaвляeт фикcиpoвaннyю нaгpaдy нa зaкpeплённыe зa пoльзoвaтeлями тoкeны и oпpeдeляeтcя вpeмeнeм фикcaции тoкeнoв (выpaжaeтcя в блoкax). Mexaнизм CreditGAME бoлee динaмичeн и нocит paзвлeкaтeльный xapaктep.

Игpoки мoгyт aнoнимнo yчacтвoвaть в игpax «1 нa 1» и cocтязaтьcя зa нaгpaды CreditBOND. Oбa игpoкa фикcиpyют oдинaкoвoe чиcлo тoкeнoв нa oпpeдeлённый пpoмeжyтoк вpeмeни и вxoдят в игpy. Пoбeдитeль пoлyчaeт вce нaгpaды, кoтopыe были нaчиcлeны нa тoкeны зa пepиoд фикcaции, oднaкo, пpaвo coбcтвeннocти нa caми мoнeты нe пepexoдит. Taким oбpaзoм пepexoдит пepepacпpeдeлeниe нaгpaд CreditBOND. Ceйчac дocтyпны 2 игpы: Caпёp и лoтo. Кpoмe тoгo, плaтфopмa бyдeт иcпoльзoвaть Leader Environment, кoтopый пoзвoлит yчacтникaм cooбщecтвa caмим выбиpaть, кaкиe игpы дoбaвлять нa плoщaдкy.

[rabbitcoffee]

Hello guys! Can’t wait to start using dapp! Thanks the team for the project

If you have used creditbond, congratulations you have used dapp!

[CreditBit-cm]

Our DAO member Ivan Beljan shares his thoughts on CRB, Blockchain & Bubbles

Take a look at this price chart:
https://imgur.com/a/uPY30

Can you guess what it is? Looks similar to current Bitcoin chart doesn’t it? Time scale on the bottom gives a clue it’s got something to do with the Dot-com bubble. Yes, it’s actually a Qualcomm chart which was one of the hottest stocks during the late 90’s boom. It rose from $3 to almost $70 in less than a year. What would have you thought about it back then? A good long term investment? A bubble?

For me the blockchain, both as technological innovation as well as an investment opportunity, resembles the internet a lot. It’s a disruptive technology that challenges incumbent solutions to a wide array of problems and will change our lives in an unforeseen fashion. Very similar stories 20 years apart.
While I’m bullish on the blockchain as a technology I’m not as bullish on thousands of crypto coins currently listed on crypto exchanges. Internet now is many times bigger than it was in the 90s but internet companies from the 90s did not grow alongside, on the contrary, most are non-existent.
Pets.com was worth $300 million at one point in 1999. It had no customers, no inventory and no idea how to ever make a profit. It did have a website. And that was all it mattered to investors lured by the novelty and recent price action. It feels exactly the same all over again on an even bigger scale with the influx of all the nonsense initial coin offerings this year.

So who will profit from the rise of blockchain technology? The internet parallel suggests market will eventually wipe out the frauds and the hot air projects while companies and projects with actual applications will move on to become much bigger.
Here’s Qualcomm chart after 1999:
https://imgur.com/a/wGkmw
 
A steep run up in 1999 was followed by a crash in 2000 but eventually the company came back and will probably rise to new highs.

Microsoft is an even better success story:
 
https://imgur.com/a/JX5kG

MSFT lost more than 50% when the bubble burst in 2000 but eventually recovered all of it and is now more than double it was at the height of a dot-com bubble.
I believe crypto world is in a bubble now which will inevitably burst. The bubble does not imply something is worthless, it might have just gone too far too soon and my view is the best current blockchain projects will have a price trajectory similar to Qualcomm or Microsoft.

Bursting of a bubble is like a forest fire, destroys many but provides an even better soil for the survivors and the newcomers. As Bitocin and cryptos have reached the masses and mainstream media the history teaches us the moment of truth is very near.

CreditBit has sound technological fundamentals and well-thought distribution model which provide a good platform to build upon. Finding a way to utilize the technology and marketing it to potential customers is key to a long term growth.

Talk to you soon again.

Yours Cm

[reagannn]

Hello guys! Can’t wait to start using dapp! Thanks the team for the project

If you have used creditbond, congratulations you have used dapp!

What is the creditbond ?

[LowByter]

Hello guys! Can’t wait to start using dapp! Thanks the team for the project

If you have used creditbond, congratulations you have used dapp!

What is the creditbond ?

https://www.creditbit.org/creditBond.html

[waqas_wahid001]

Creditbit Creditbit (CRB)

$0.358631 USD (3.57%)
0.00002438 BTC (-10.55%)
0.00086570 ETH (11.88%)
Market Cap $5,919,125 USD
402 BTC
14,288 ETH
Volume (24h) $237,112 USD
16.12 BTC
572.37 ETH
Circulating Supply
16,504,777 CRB

[CreditBit-cm]

Dear community!

As we see that there is more and more demand after fast communication,
as of today we have opened the TELEGRAM group, its called CREDITBIT.

We welcome you there so we can discuss and talk even faster and more efficient.

Yours CM,

Rg

[waqas_wahid001]

Time to buy cheap Creditbits

$0.297796 USD (-17.96%)
0.00001896 BTC (-22.64%)
0.00068219 ETH (-20.78%)

Market Cap
$4,915,085 USD
313 BTC
11,259 ETH

Volume (24h)
$170,645 USD
10.86 BTC
390.91 ETH

[narnar]

CREDITBIT TEAM OFFICE ADRESS

https://www.google.si/maps/place/Tr%C5%BEa%C5%A1ka+cesta+118,+1000+Ljubljana,+Slovenia/@46.0396262,14.4690541,17z/data=!3m1!4b1!4m5!3m4!1s0x47652d4a1c059207:0xbaefbb89071813a2!8m2!3d46.0396262!4d14.4712428?hl=en

[ACanJadaS]

Does the tweet this morning about DAPP mean that I can finally use Bond or whatever outside of MIST/Etherium? I never have been able to get it to work on there (do not link the instructions again, I have read them).

[LowByter]

Does the tweet this morning about DAPP mean that I can finally use Bond or whatever outside of MIST/Etherium? I never have been able to get it to work on there (do not link the instructions again, I have read them).

Correct, via a very simple window

[VanAllen]

Looking good!

Do we have an estimated launch date?

[waqas_wahid001]

Price today 09 Dec 2017 Creditbit Creditbit (CRB)

$0.374786 USD (12.80%)
0.00002474 BTC (15.98%)
0.00077879 ETH (6.08%)

Market Cap
$6,185,796 USD
408 BTC
12,854 ETH

Volume (24h)
$173,946 USD
11.48 BTC
361.45 ETH

Circulating Supply
16,504,874 CRB

[Bitcoinmeister]

more cheap credibit coins,this is really crazy, good chance to buy more,
in few months it will be no more so cheap take your chance and pick some.
TELEGRAM group: CREDITBIT

[marcous]

i think the succes of a project can be evidenced by the rising prices. i see the price is getting down. behind the succes of the system
i hope creditbit could successfully also raise to the price up to 50k sat. 8 month have passed since added at bittrex the price is getting destroyed . nothing news about the price will be increase?

[tradelifebro]

PLEASE! when i see people here saying thing like "creditit will rise to 10$ in few month" or "go go creditbit price is lower time to buy!!!" please stop telling bullshit.
Creditbit has been declining since the begining when every other crypto was growing up.
If you don't have creditbit atm don't believe people who's telling you go go go! there is so other many crypto.
So if you want invest for 6 month min, yea why not creditbit, but on other crypto in 6 month you'll win so much rather than waiting for credibit comeback