[ANN] Credits(CRDS): CPU-only mining | Argon2d PoW - Masternodes

[shycoins]

reserve the Chinese translation if needed please pm me

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[bezzler]

Until today, there is no information about any available bounty that will be held.
Dev, please update the first post ASAP.

[fl0wd3v]

Until today, there is no information about any available bounty that will be held.
Dev, please update the first post ASAP.

Click on the link to the bounties thread that is in the OP, it is at the bottom, has been there since last night.

[mullzerwar]

The bounty look interesting, it has easy rules to follow.
My account also meet the required level.

[fl0wd3v]

Translations recently reserved are going to be added to the OP.

Portuguese was already reserved from yesterday but hadn't been added to the list yet.

Chinese - shycoins - https://bitcointalk.org/index.php?action=profile;u=994931
Japanese - Kawasaki5050 - https://bitcointalk.org/index.php?action=profile;u=997379
Slovenian - Iwannacry - https://bitcointalk.org/index.php?action=profile;u=1005286
Portuguese - johnnymark_ - https://bitcointalk.org/index.php?action=profile;u=367068
Dutch - Damianvdb - https://bitcointalk.org/index.php?action=profile;u=1018128
Hindi - erikalui - https://bitcointalk.org/index.php?action=profile;u=141005

These are the latest reservations ^^^


IMPORTANT
Translators, please complete this ASAP, for the PSD and Fonts needed, please come to Slack - https://credits-slack-invite.herokuapp.com/

If your level is below Member status, you cannot post images, however, you can still complete the bounty. Simply provide the BBcode and we will post it for you in the relevant language thread.

[LEEMEEGO]

i am waiting for your twitter application in your bounty thread..
well, i find this project interesting. i will surely watch this thread..
anyway, may i ask how much is one CRDS?


regards.

[SigmaDev]

i am waiting for your twitter application in your bounty thread..
well, i find this project interesting. i will surely watch this thread..
anyway, may i ask how much is one CRDS?


regards.

at the moment that has not been determined, until it hits the market and the people give it a value. given the limited supply at the start it is really hard to say

[fengxia]

When can i download the wallet and mine?

[fl0wd3v]

Price can somewhat be estimated and roughly worked out, even without a market now and without one being live at launch. This also applies even after Credits(CRDS) is traded upon an exchange platform.

How to work out how much 1 CRDS is worth:

• Raw Cost to Miner to Generate 1 CRDS: Cost of Electricity per Day / Amount of Blocks Mined / Block Reward
• Supply & Demand: The price of credits is largely depended on the demand and supply. This means that high demand and low supply often leads to an increase in the price. Note that Credits(CRDS) have a controlled supply whereby the total number of Credits(CRDS) in circulation must never be more than 95 million after ~36 years as well as having PoW/Masternode rewards mapped for those ~36 years.
  
• Technical Innovation: With the use of Argon2d, Masternodes and the addition of features on the roadmap over the coming months there will be continual development and movement within the project which will add to its value.
• More Users: With widespread use, adoption, knowledge of the project and contribution from new people everyday, Credits(CRDS) will continue to rise in price, a large network of users is seen in all high marketcap coins(unless their marketcap is manipulated)
• Inclusion: Credits(CRDS) does not look to exclude anyone and with that it makes it a lot easier for new users to jump onboard and begin mining straightaway. With no immediate threat of mining pools as there is no Argon2d UNOMP module and no compatible pool with that mining algorithm, we will see some time for pools to become active. Also, DELTA (the difficulty retarget algorithm) protects against Multi/jump mining pools even when pools do become active in the future.
  

Of course there are other factors to take in to account such as Government Regualtion that might come to crypto, Media influence, hype and of course the possible market manipulation from whales as we see in some coins within their lifespan.


EDIT: @fengxia the wallets are not released until the 17th of June around 10pm UTC, a set time will be announced closer to the day.

[klidex]

Hello dev, I dont see Indonesian translation yet. May I reserve the Indonesian bounty ?

[Cryp_wolf19]

Definetely worth to look at, waiting for the next update .

[merle]

I am currently drawing up the bounties.

So far I have:

Block Explorer
Paper Wallet Generator
QRCode Generator
Signature Campaign
Translations of OP
Retweets
Reddit Page with proper styling to match Credits(CRDS) colour/style/branding.


Is there anything else I may of missed or you want to see on the bounty list?

Facebook campaign perhaps, most of us bounty hunter will be gladly to join them

[karemm]

Good project
And I am still waiting for the Twitter Campaign

[loremipsum]

Good project
And I am still waiting for the Twitter Campaign

You can apply for the twitter campaign now, we published the form. Check the bounty thread https://bitcointalk.org/index.php?topic=1947857.0

[Gekkoo]

Hello, I just joined the twitter campaign! Congratulations on the project! I would like to know the price expectation for each CRDS?

[loremipsum]

Hello, I just joined the twitter campaign! Congratulations on the project! I would like to know the price expectation for each CRDS?

Just look at 7 replies above. Im quoting it for you:

Price can somewhat be estimated and roughly worked out, even without a market now and without one being live at launch. This also applies even after Credits(CRDS) is traded upon an exchange platform.

How to work out how much 1 CRDS is worth:

• Raw Cost to Miner to Generate 1 CRDS: Cost of Electricity per Day / Amount of Blocks Mined / Block Reward
• Supply & Demand: The price of credits is largely depended on the demand and supply. This means that high demand and low supply often leads to an increase in the price. Note that Credits(CRDS) have a controlled supply whereby the total number of Credits(CRDS) in circulation must never be more than 95 million after ~36 years as well as having PoW/Masternode rewards mapped for those ~36 years.
  
• Technical Innovation: With the use of Argon2d, Masternodes and the addition of features on the roadmap over the coming months there will be continual development and movement within the project which will add to its value.
• More Users: With widespread use, adoption, knowledge of the project and contribution from new people everyday, Credits(CRDS) will continue to rise in price, a large network of users is seen in all high marketcap coins(unless their marketcap is manipulated)
• Inclusion: Credits(CRDS) does not look to exclude anyone and with that it makes it a lot easier for new users to jump onboard and begin mining straightaway. With no immediate threat of mining pools as there is no Argon2d UNOMP module and no compatible pool with that mining algorithm, we will see some time for pools to become active. Also, DELTA (the difficulty retarget algorithm) protects against Multi/jump mining pools even when pools do become active in the future.
  

Of course there are other factors to take in to account such as Government Regualtion that might come to crypto, Media influence, hype and of course the possible market manipulation from whales as we see in some coins within their lifespan.


EDIT: @fengxia the wallets are not released until the 17th of June around 10pm UTC, a set time will be announced closer to the day.

In other words, there is no real estimate of where the price will be. Its only speculation right now, and I don't speculate

[vella85]

I have just joined the Twitter campaign to help spread the word about this interesting project. I think this will be a great long term coin to hold so every CRDS I earn from the campaign I'll be keeping for the long term and once it is listed on an exchange I'll also be buying some as I can't mine the coin right now.

Any idea dev on which exchanges CRDS will be listed on first?

[LEEMEEGO]

I have just joined the Twitter campaign to help spread the word about this interesting project. I think this will be a great long term coin to hold so every CRDS I earn from the campaign I'll be keeping for the long term and once it is listed on an exchange I'll also be buying some as I can't mine the coin right now.

Any idea dev on which exchanges CRDS will be listed on first?

no, not yet mate. no plans for that yet. i think they are still busy on furnishing what is need to be done for the ico.
and as the ico will start, i think slowly, that will be the next thing they will plan to. lets just wait for that.

[ucliktea]

dev do you have any bounty?social media?

[kamiyama]

dev do you have any bounty?social media?

[Bounty]: Official Credits (CRDS) Bounty Campaign Thread
https://bitcointalk.org/index.php?topic=1947857