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Author Topic: [ANN][ICO]CREDITS - New Blockchain for financial industry [HARDCAP REACHED!]  (Read 34681 times)
kobzar
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November 19, 2017, 10:55:35 AM
 #81

What principle is used to define a host that created a block in Credits specific DPOS?
Special mathematical function developed by CREDITS platform will be used for this purpose.

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devilini
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November 19, 2017, 12:06:04 PM
 #82

Will all the hosts of the platform be decentralized? Which of them will have the highest priority?
gavrosh
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November 19, 2017, 12:07:33 PM
 #83

What mechanism will you use to achieve the maximum transaction processing speed and complete security of data storage?
devilini
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November 19, 2017, 12:08:17 PM
 #84

What mechanism will you use to achieve the maximum transaction processing speed and complete security of data storage?
Hi, I've seen somewhere information that the platform will use a unique combined protocol.
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November 19, 2017, 12:09:08 PM
 #85

What mechanism will you use to achieve the maximum transaction processing speed and complete security of data storage?
Hi, I've seen somewhere information that the platform will use a unique combined protocol.
Has this protocol already been tested by other projects or is it an unique development of CREDITS?
kentuckykid
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November 19, 2017, 01:15:16 PM
 #86

Will decentralized hosts work in a competitive environment or will you prioritize them yourself?
seriosman
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November 19, 2017, 01:16:21 PM
 #87

Are calculations of the host function checked automatically, or will the specialists of CREDITS do this?
Delicieuxz
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November 19, 2017, 01:32:24 PM
 #88

Will all the hosts of the platform be decentralized? Which of them will have the highest priority?

Yes, all hosts will be decentralized.

Delicieuxz
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November 19, 2017, 01:35:39 PM
 #89

Will decentralized hosts work in a competitive environment or will you prioritize them yourself?

We use several types of nodes, depending on their purpose to build a decentralized network
based on free access and node connection:
1. A common node (CN) is the node participating in transaction verification for validity but has a
minimum trust factor. It is also a candidate for the role of a trusted node and the node of the current
processing in the next cycle of node role selection in the network.
2. A trusted node (TN) is the node participating in transaction verification and has the maximum trust
factor (1), is a candidate for the role of the node of the current processing and common node. This node
cannot become trusted during a mathematically calculated number of selection and voting cycles among
nodes. The mathematical calculation depends on the number of nodes and the network complexity.
3. The main node (MD) of the network is the node participating in verification and responsible for
adding transactions to the transaction ledger block. This node cannot become trusted or the node of the
current processing during a mathematically calculated number of voting cycles, which mathematical
calculation depends on the number of nodes and the network complexity.
The system uses a trust factor – an absolute fractional numerical value from 0 to 1, expressed in
mathematical terms of the number of trusted nodes +1 to the total number of nodes in the network. The
maximum number of trusted nodes cannot exceed 50% of network nodes.

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November 19, 2017, 01:36:35 PM
 #90

Are calculations of the host function checked automatically, or will the specialists of CREDITS do this?

Automatically

Delicieuxz
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November 19, 2017, 01:47:37 PM
 #91

Hello. How many kinds of consensus will there be on CREDITS platform?

The consensus in CREDITS is a method of group decision-making. With the aim to develop
final solutions acceptable for all network nodes.


You can read more in our WP - https://credits.com/Content/Docs/TechnicalWhitePaperCREDITSEng.pdf
and TP - https://credits.com/Content/Docs/TechnicalPaperENG.pdf

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November 19, 2017, 02:09:30 PM
 #92

By what criteria will different kinds of consensus be compared?
ledger availability (nodes can write data to the ledger and read them from it at any
time);
Modifiability by all participating network nodes;
Consistency of all system nodes (all nodes see an absolutely identical version of the
ledger, which is updated after changes);
Resistance to separation (if one node becomes inoperable, this does not affect the
operation of the entire ledger).

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November 19, 2017, 02:13:38 PM
 #93

What principle is used to define a host that created a block in Credits specific DPOS?
Vote for nodes and competition between choosen nodes

ICOCloud
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November 19, 2017, 02:19:46 PM
 #94

Where will our system be used?

ICOCloud
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November 19, 2017, 02:21:15 PM
 #95

Do you have the credit business?

ICOCloud
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November 19, 2017, 02:22:45 PM
 #96

Which kind of protocol do you use?

ICOCloud
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November 19, 2017, 02:23:29 PM
 #97

is this your own technology?

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November 19, 2017, 02:25:11 PM
 #98

So, after the ICO, there is no way to get a new coin? and no mining, right?

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November 19, 2017, 02:26:01 PM
 #99

Where can I find information about transaction fees?

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November 19, 2017, 02:27:02 PM
 #100

Which exchanges will list the coin?

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