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Author Topic: [ANN][ICO]CREDITS - New Blockchain for financial industry [HARDCAP REACHED!]  (Read 37709 times)
Shaurman
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December 21, 2017, 12:12:02 PM
 #701

What is the minimum purchase amount currently in effect?
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hunterofmoney
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December 21, 2017, 12:16:27 PM
 #702

What is the minimum purchase amount currently in effect?
Hello. Now you can buy tokens by at least 0.01 Eth.
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December 21, 2017, 12:19:27 PM
 #703

Hello everyone! Can anybody explain to me what will be the final value of the hash function in Credits?
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December 21, 2017, 12:55:20 PM
 #704

Hello. It became interesting, what are the main advantages of the SHA-2 algorithm and why did you choose it for the calculation of hash-sum files?
Karl Max
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December 21, 2017, 01:53:33 PM
 #705

It's great that the owners of the main node will receive 100 CREDITS per day! This is a great motivation to keep all your equipment in order and constantly improve it. I think I'll fight for the title of the main node in this service, it's very good motivation)))
Ahahaha, that's it, 100 CREDITS !!! Where did you find such information, dear? As a financial compensation, each owner of the main node of the network will receive half of the amount of transaction fees of the processed registry.
Yeah? It's strange. I read it from some blogger on the website. Perhaps I misunderstood something. And the second half of the amount of commissions will be spent on the maintenance of the service?
Including. In general, the rest of the money developers plan to spend also on user support and development of new products. Therefore, we can safely say that Credits will be regularly added by new functions that will make financial operations even steeper!
I read somewhere that the percentage distribution of commissions can be changed. When is it planned?

As I understand, firstly in the first realise the commission for transactions will be fixed. And later after the platform will become widespread commission will be formed automatically according to platform capacity and other factors
Karl Max
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December 21, 2017, 01:56:29 PM
 #706

Hello. It became interesting, what are the main advantages of the SHA-2 algorithm and why did you choose it for the calculation of hash-sum files?

Hello! The main advantage is data processingg speed. This algorithm gives an opportunity to form hash-sum files more faster. It is new generation of blockchain technology
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December 21, 2017, 04:00:17 PM
 #707

The results of pre-sale tokens are very encouraging. And in general the project trend is very entertaining and active. We will wait for further results.
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December 21, 2017, 04:33:13 PM
 #708

Does anyone know if you can pay for the purchase of coins using Litecoin?
No, only BTC and ETH are accepted
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December 21, 2017, 04:35:42 PM
 #709

What is the minimum purchase amount currently in effect?
as it was earlier 0.01 ETH
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December 21, 2017, 08:39:41 PM
 #710

The results of pre-sale tokens are very encouraging. And in general the project trend is very entertaining and active. We will wait for further results.

I support your opinion completely. Recently guys have reached soft cap for Pre-ICO -1,5 mln$ and this is really encouraging. Hope that all their aims will be achieved
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December 21, 2017, 09:21:46 PM
 #711

We’re frequently asked why we still haven’t shared our program code on GitHub.

The answer is simple — we take care of our contributors.

As you already know, we have developed a unique combined consensus protocol, which allows CREDITS to deliver unprecedented data processing speeds of over 1 million transactions per second, with a time interval of 0.01 to 1 second. The protocol is based on calculating the mathematical functions of all registry transactions, while applying the principles of Proof of Work. It accurately determines the storage of the latest up-to-date copy of the registry and software on this node (Proof of Capacity), by calculating the sum of the values of the entire contents — the hash code.

CREDITS team is working hard on the program code and is testing it every day. We have industry experts, whose experience allows us to effectively develop Alpha version of the platform.

Indeed, CREDITS positions itself as an open platform for developing decentralized applications. At the moment we are in the process of receiving patent for our products, which all of our investors will certainly appreciate. We are concerned about our intellectual property.

After the release of the Alpha version, we will be ready to put our code in the Open-source and we will be happy to receive any comments or suggestions from your side.
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December 22, 2017, 07:12:51 AM
 #712

What will happen to the project, if the sale does not manage to collect the soft cap?
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December 22, 2017, 07:15:03 AM
 #713

What will happen to the project, if the sale does not manage to collect the soft cap?
There is no need to think about it, as the soft cap was already collected within the pre-sale.
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December 22, 2017, 07:16:09 AM
 #714

You write that, after performing certain tasks, the core of the system will always contain a response code. I wonder what kind of data will contain a response code?
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December 22, 2017, 07:29:32 AM
 #715

Is it true that a smart contract in the CREDITS system is essentially an electronic algorithm that describes a set of conditions by which events and events in the real world or digital systems can be linked? I have never heard of this before
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December 22, 2017, 10:10:34 AM
 #716

I think that the way of searching for a consensus in the Credits is not good enough. After all, if there was several trusted center-validators participating in that, then a consensus would surely be authentic. Meanwhile, if there is only one trusted center-validator, the chance of an error is very high.
kentuckykid
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December 22, 2017, 10:12:17 AM
 #717

I think that the way of searching for a consensus in the Credits is not good enough. After all, if there was several trusted center-validators participating in that, then a consensus would surely be authentic. Meanwhile, if there is only one trusted center-validator, the chance of an error is very high.
Good afternoon. I don't understand why you are saying, that in consensus searching will participate only one trusted center-validator? The system will use federated searching for consensus solution model— trusted center-validators vote. In addition, there will be implemented an algorithm of searching consensus solutions — pass finite state machine.
devilini
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December 22, 2017, 10:14:27 AM
 #718

I think that the way of searching for a consensus in the Credits is not good enough. After all, if there was several trusted center-validators participating in that, then a consensus would surely be authentic. Meanwhile, if there is only one trusted center-validator, the chance of an error is very high.
Good afternoon. I don't understand why you are saying, that in consensus searching will participate only one trusted center-validator? The system will use federated searching for consensus solution model— trusted center-validators vote. In addition, there will be implemented an algorithm of searching consensus solutions — pass finite state machine.
Hmm, I like this approach more. How will the process of consensus searching be carried out?
kentuckykid
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December 22, 2017, 10:21:17 AM
 #719

I think that the way of searching for a consensus in the Credits is not good enough. After all, if there was several trusted center-validators participating in that, then a consensus would surely be authentic. Meanwhile, if there is only one trusted center-validator, the chance of an error is very high.
Good afternoon. I don't understand why you are saying, that in consensus searching will participate only one trusted center-validator? The system will use federated searching for consensus solution model— trusted center-validators vote. In addition, there will be implemented an algorithm of searching consensus solutions — pass finite state machine.
Hmm, I like this approach more. How will the process of consensus searching be carried out?
A consensus will work by cycles (loops). For each cycle there will be an extraction a transaction from the network. Then it will be placed into pool (one-dimensional array). After being placed into the pool, all transactions are sent via trusted centers, for the purpose of getting a response. If a response is received, a transaction, with which the request to add was sent, can be added to the validator’s register. After that, it is sent to next validators in the network. As a consensus-building is completed at the endpoint and as a remittance is completely confirmed, a transaction is passed for validation marked to be recorded and to be stored in the register.
gavrosh
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December 22, 2017, 10:25:35 AM
 #720

I think that the way of searching for a consensus in the Credits is not good enough. After all, if there was several trusted center-validators participating in that, then a consensus would surely be authentic. Meanwhile, if there is only one trusted center-validator, the chance of an error is very high.
Good afternoon. I don't understand why you are saying, that in consensus searching will participate only one trusted center-validator? The system will use federated searching for consensus solution model— trusted center-validators vote. In addition, there will be implemented an algorithm of searching consensus solutions — pass finite state machine.
Hmm, I like this approach more. How will the process of consensus searching be carried out?
A consensus will work by cycles (loops). For each cycle there will be an extraction a transaction from the network. Then it will be placed into pool (one-dimensional array). After being placed into the pool, all transactions are sent via trusted centers, for the purpose of getting a response. If a response is received, a transaction, with which the request to add was sent, can be added to the validator’s register. After that, it is sent to next validators in the network. As a consensus-building is completed at the endpoint and as a remittance is completely confirmed, a transaction is passed for validation marked to be recorded and to be stored in the register.
Hello. I read your answer and I wanted to say, that from a technical point of view, the developers Credits had approached the process of consensus searching highly creatively. I am just interested, how much time will be spent on this?
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