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MadduckUK
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February 13, 2018, 07:13:56 AM |
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Hey there. Arent you afraid that your platform will gradually turn out to be a centralized one?
Judging by the description in the WP, this option is completely ruled out. |
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Ackedy
Member
 Offline
Activity: 196
Merit: 10
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February 13, 2018, 07:19:07 AM |
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Hey there. Arent you afraid that your platform will gradually turn out to be a centralized one?
Judging by the description in the WP, this option is completely ruled out. But the main node is chosen by the speed of proceeding of the algorithm. Thus, the one who owns the most powerful equipment will be able to mine more. |
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MadduckUK
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February 13, 2018, 07:26:11 AM |
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Hey there. Arent you afraid that your platform will gradually turn out to be a centralized one?
Judging by the description in the WP, this option is completely ruled out. But the main node is chosen by the speed of proceeding of the algorithm. Thus, the one who owns the most powerful equipment will be able to mine more. I guess this is logical. In addition, the dependence of the number of transactions on the computing powers is a common thing everywhere, not only in Credits. |
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Ackedy
Member
Offline
Activity: 196
Merit: 10
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February 13, 2018, 07:37:47 AM |
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Hey there. Arent you afraid that your platform will gradually turn out to be a centralized one?
Judging by the description in the WP, this option is completely ruled out. But the main node is chosen by the speed of proceeding of the algorithm. Thus, the one who owns the most powerful equipment will be able to mine more. I guess this is logical. In addition, the dependence of the number of transactions on the computing powers is a common thing everywhere, not only in Credits. However, the number of miners will be limited at the start of development of the platform and small group will get the majority of orders. |
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BillionDollarMan
Member
Offline
Activity: 210
Merit: 10
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February 13, 2018, 07:43:34 AM |
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Hey there. Arent you afraid that your platform will gradually turn out to be a centralized one?
Judging by the description in the WP, this option is completely ruled out. But the main node is chosen by the speed of proceeding of the algorithm. Thus, the one who owns the most powerful equipment will be able to mine more. I guess this is logical. In addition, the dependence of the number of transactions on the computing powers is a common thing everywhere, not only in Credits. However, the number of miners will be limited at the start of development of the platform and small group will get the majority of orders. Which coin are you talking about? There is no mining for Credits at least as per admins,website and WP. |
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MadduckUK
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February 13, 2018, 07:45:18 AM |
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Hey there. Arent you afraid that your platform will gradually turn out to be a centralized one?
Judging by the description in the WP, this option is completely ruled out. But the main node is chosen by the speed of proceeding of the algorithm. Thus, the one who owns the most powerful equipment will be able to mine more. I guess this is logical. In addition, the dependence of the number of transactions on the computing powers is a common thing everywhere, not only in Credits. However, the number of miners will be limited at the start of development of the platform and small group will get the majority of orders. That’s why the platform focuses on the decentralization of possession – the number of miners will grow constantly, and the number or nodes will do the same in order to contribute to the development of positive competition. |
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askon
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February 13, 2018, 08:05:48 AM |
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The existing principles of reaching of consensus have approved themselves well enough. Why did you suddenly decide to invent smth new and implement it into your platform?
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Gabrola
Member
Offline
Activity: 205
Merit: 10
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February 13, 2018, 08:34:52 AM |
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Hi there. Do all the participants have to undergo the KYC procedure?
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Gamelander
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February 13, 2018, 08:41:37 AM |
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Hi there. Do all the participants have to undergo the KYC procedure?
No, it’s obligatory only for those ones who purchases tokens for more than 10 ETH. |
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RonMank
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February 13, 2018, 09:54:17 AM |
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Their telegram account got hacked.
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fundamentalist
Newbie
Offline
Activity: 7
Merit: 0
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February 13, 2018, 09:56:53 AM |
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ptbs
Newbie
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Activity: 238
Merit: 0
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February 13, 2018, 10:32:24 AM |
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Good afternoon. What other technologies in the area of data security besides the encryption will be used to ensure the safety of your platform?
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RonMank
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February 13, 2018, 10:48:12 AM |
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I said it earlier. Like those fake Twitter and Facebook Likes, they had a lot of fake bitcointalk users who pushed this ann thread at the beginning. Look at the first 50 sites, its really obvious. |
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moonriver
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February 13, 2018, 11:30:35 AM |
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That concerns me. Credits team promised to release Alpha before ICO. I won't participate unless they deliver it. |
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advertkane121
Member
Offline
Activity: 210
Merit: 10
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February 13, 2018, 11:46:45 AM |
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Good afternoon. It suddenly became interesting to me, what number of people has participated in the pre-ICO?
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romfish
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February 13, 2018, 11:57:03 AM |
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Good afternoon. It suddenly became interesting to me, what number of people has participated in the pre-ICO?
According to the data from the official chat, about 700. |
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Swinging Phallus
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February 13, 2018, 12:03:52 PM |
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I said it earlier. Like those fake Twitter and Facebook Likes, they had a lot of fake bitcointalk users who pushed this ann thread at the beginning. Look at the first 50 sites, its really obvious. The writer of that article is basing everything off speculation, it's asinine - just a bunch of accusations with no basis. To top it off the writer's lack of understanding of the technical whitepaper is emphasized in his own article. It doesn't phase me, I'll gladly wait a couple days for a fully functional alpha. |
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BillionDollarMan
Member
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Activity: 210
Merit: 10
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February 13, 2018, 12:08:51 PM |
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If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck. I was just hoping that this duck would disguise itself well enough for at least 3x-5x but damn, telegram hack, alpha release drama (in the end they are just gonna give you a web application and call it a alpha) then etherdelta selling of CS token (apparently pre-sale tokens). This duck ain't going nowhere |
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fundamentalist
Newbie
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Activity: 7
Merit: 0
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February 13, 2018, 01:39:57 PM |
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I said it earlier. Like those fake Twitter and Facebook Likes, they had a lot of fake bitcointalk users who pushed this ann thread at the beginning. Look at the first 50 sites, its really obvious. The writer of that article is basing everything off speculation, it's asinine - just a bunch of accusations with no basis. To top it off the writer's lack of understanding of the technical whitepaper is emphasized in his own article. It doesn't phase me, I'll gladly wait a couple days for a fully functional alpha. I'm the writer of the article and I thought the claims I made were pretty straight forward. I admitted I don't understand every line in the white paper but that has nothing to do with my claims. If you want to start getting into a technical discussion we can, but that doesn't take away from any of the fraud presented so far and is more then enough for me to stay the hell away from "projects" like this. Also, I think it's noteworthy that you saying "I'll gladly wait a couple days for a fully functional alpha" when we both know the "alpha" isn't out yet, the ICO is in 2 days, it's been delayed every day for the past 2 weeks, and evidently people will need to make a decision about investing in this scam way before they have any time to judge this "alpha". |
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Karl Max
Member
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Activity: 378
Merit: 11
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February 13, 2018, 01:41:06 PM |
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Due to the latest SEC clarification and hearing in US Senate held on February 6, 2018, we have made a decision regarding contributors with US residency (those who indicated United States as their country of residence in the whitelist) that they need to follow certain recommendations from our legal advisors. We will only be able to sell tokens to accredited investors from the United States. We ask US residents who wished to participate, they need to pass verification as an accredited investor by sending documents directly at legal@credits.comUnfortunately, those who were registered in the whitelist and chose United States as their country of residence; and did not provide relevant documents until February 15, 2018 would not be able to purchase tokens. We hope that you will understand the situation and cooperate.  |
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