[ANN][ICO]CREDITS - New Blockchain for financial industry [HARDCAP REACHED!]

[californybit]

Good day everybody. Did I correctly understand that there won’t be any typical financial transactions in CREDITS, and each user will be able to create his own unique financial transaction?

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[Gamelander]

Does anyone know how will personalization of each user be carried out in CREDITS?

[specialAU]

Of course, innovation is great, but why should one use a platform like CREDITS, if there are no differences between it and traditional solutions besides the use of crypto-currencies and smart contracts. So there’re just financial services that can be arranged in other services, too.

[ggcript]

Of course, innovation is great, but why should one use a platform like CREDITS, if there are no differences between it and traditional solutions besides the use of crypto-currencies and smart contracts. So there’re just financial services that can be arranged in other services, too.

And according to you, the use of crypto-currencies and smart contracts is just a minor difference. CREDITS service reduces the possibility of fraud to zero due to this approach, while there’re a lot of scammers in traditional tools. In addition, everyone can get services cheaper, faster and better in CREDITS.

[specialAU]

Of course, innovation is great, but why should one use a platform like CREDITS, if there are no differences between it and traditional solutions besides the use of crypto-currencies and smart contracts. So there’re just financial services that can be arranged in other services, too.

And according to you, the use of crypto-currencies and smart contracts is just a minor difference. CREDITS service reduces the possibility of fraud to zero due to this approach, while there’re a lot of scammers in traditional tools. In addition, everyone can get services cheaper, faster and better in CREDITS.

And why services will become cheaper, faster and better? And in general, it seems to me, it is just a myth. If the project will provide maximum security, the cost of services should increase, too.

[ggcript]

Of course, innovation is great, but why should one use a platform like CREDITS, if there are no differences between it and traditional solutions besides the use of crypto-currencies and smart contracts. So there’re just financial services that can be arranged in other services, too.

And according to you, the use of crypto-currencies and smart contracts is just a minor difference. CREDITS service reduces the possibility of fraud to zero due to this approach, while there’re a lot of scammers in traditional tools. In addition, everyone can get services cheaper, faster and better in CREDITS.

And why services will become cheaper, faster and better? And in general, it seems to me, it is just a myth. If the project will provide maximum security, the cost of services should increase, too.

Maximum security is achieved with the help of the use of smart contracts. You don’t need large resources to create them. With regard to reducing the cost of services, this is achieved via the work of the platform on the peer-to-peer principle which means the absence of any intermediaries.

[askon]

Of course, innovation is great, but why should one use a platform like CREDITS, if there are no differences between it and traditional solutions besides the use of crypto-currencies and smart contracts. So there’re just financial services that can be arranged in other services, too.

And according to you, the use of crypto-currencies and smart contracts is just a minor difference. CREDITS service reduces the possibility of fraud to zero due to this approach, while there’re a lot of scammers in traditional tools. In addition, everyone can get services cheaper, faster and better in CREDITS.

And why services will become cheaper, faster and better? And in general, it seems to me, it is just a myth. If the project will provide maximum security, the cost of services should increase, too.

Maximum security is achieved with the help of the use of smart contracts. You don’t need large resources to create them. With regard to reducing the cost of services, this is achieved via the work of the platform on the peer-to-peer principle which means the absence of any intermediaries.

Your answers are well founded, I’ve even got interested in some points, so I'll follow this project and I'll see how it will develop. I’ve noticed an interesting point, it is said there that the system will have a completely "peer-to-peer structure". Can you explain what it is?

[CAraBuss]

Hello everyone. I’ve read that users of the CREDITS platform will be able to offer any financial services. Won’t there be any restrictions? Really?

[nothappend]

Greetings to everybody. Do you need to pass any registration in order to buy CREDITS tokens?

Hello, yes, there’s a short registration: you must specify an email address and an ETH-wallet.

[Delicieuxz]

You write that you need a technological environment that can process hundreds of thousands of transactions per second. Does this mean that you plan to conduct so many different operations on your platform?

Sure, this is one of our advantages

[Delicieuxz]

Greetings to everybody. Do you need to pass any registration in order to buy CREDITS tokens?

You need specify mail and ETH adress. and check rules

[Delicieuxz]

Good day everybody. Did I correctly understand that there won’t be any typical financial transactions in CREDITS, and each user will be able to create his own unique financial transaction?

"typical financial transactions"
what did you mean?

[Delicieuxz]

Hello everyone. I’ve read that users of the CREDITS platform will be able to offer any financial services. Won’t there be any restrictions? Really?

Sure, it platform. you can dev any financial services, and use it

[Delicieuxz]

Greetings to everybody. Do you need to pass any registration in order to buy CREDITS tokens?

Hello, yes, there’s a short registration: you must specify an email address and an ETH-wallet.

Right! And need ckeck rules!

[NakiRR]

You are trying to solve a problem which the Raiden network is about to solve, aren't you? When you say that financial transactions are too slow on the ETH network, that will be a thing of the past should the Raiden network be successful.

Raiden network solving this problem only for ethereum assets. Not for all crypto. CREDITS its new and own network, which use ethereum network only for first stage - ICO, after it wil be own ecosystem and CS will be swapped on own currency. Look roadmap and WP

If Raiden solves the same problem that Credits is looking to solve, what's the point to prefer Credits over Ethereum? Ethereum has massive security already while Credits doesn't. A switch simply doesn't make sense because the capacity problems will be solved on the ETH network.

Credits aim to financial industry and transaction speed higher even than in raiden network, and also, have many other differenses by tech side

[NakiRR]

Hello. I want to ask those who has already bought CREDITS coins: what value should I use to set the GAS?

honestly, you can put even 1 Gwei and transaction will be confirmed in a few min

[rocketbit48]

Hi everybody. If I understood it correctly, the Credits’s operation is based on the network hosts and maybe there will also be lots of them in the system. I’m wondering if they all are connected among each other or do they exist autonomously.

[Immer]

Hi everybody. If I understood it correctly, the Credits’s operation is based on the network hosts and maybe there will also be lots of them in the system. I’m wondering if they all are connected among each other or do they exist autonomously.

Hello. Each network host in CREDITS is connected to all the other hosts. Between them there’s a constant exchange of new blocks with transactions. Due to this approach developers will be able to achieve placing relevant information all over the CREDITS.

[kobzar]

Hi everybody. What will be the rate for exchange of tokens to CREDITS monetary units? 

[superwallet]

Hi everybody. If I understood it correctly, the Credits’s operation is based on the network hosts and maybe there will also be lots of them in the system. I’m wondering if they all are connected among each other or do they exist autonomously.

Hello. Each network host in CREDITS is connected to all the other hosts. Between them there’s a constant exchange of new blocks with transactions. Due to this approach developers will be able to achieve placing relevant information all over the CREDITS.

What’ the point in such an approach?  In my opinion, there’re also other ways to maintain relevance of information which not require such resource-intensive costs.