Bitcoin Forum
April 23, 2019, 03:07:53 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 [53] 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 ... 105 »
  Print  
Author Topic: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]  (Read 24851 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (56 posts by 5 users deleted.)
branchun77
Member
**
Offline Offline

Activity: 280
Merit: 10


View Profile
October 18, 2018, 08:43:29 AM
 #1041

During the short live testing session, approximately 17 gigabytes of data were produced. How will this huge amount of data be handled later?

Due to team official answer blockchain data size is being optimized for transaction size and length. Additional storage gains will be made by utilizing data compression within the database. It is expected that the released product will have vastly better compression suitable for production situations and use of nodes.

And do you know why were some blocks empty?

I feel that it is not bug or something else, they were trying to show real environment conditions, where it is possible to have time intervals without any transactions
1555988873
Hero Member
*
Offline Offline

Posts: 1555988873

View Profile Personal Message (Offline)

Ignore
1555988873
Reply with quote  #2

1555988873
Report to moderator
1555988873
Hero Member
*
Offline Offline

Posts: 1555988873

View Profile Personal Message (Offline)

Ignore
1555988873
Reply with quote  #2

1555988873
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1555988873
Hero Member
*
Offline Offline

Posts: 1555988873

View Profile Personal Message (Offline)

Ignore
1555988873
Reply with quote  #2

1555988873
Report to moderator
1555988873
Hero Member
*
Offline Offline

Posts: 1555988873

View Profile Personal Message (Offline)

Ignore
1555988873
Reply with quote  #2

1555988873
Report to moderator
branchun77
Member
**
Offline Offline

Activity: 280
Merit: 10


View Profile
October 18, 2018, 08:47:58 AM
 #1042

Hey team. How will constantly changing token rates affect the liquidity? Will this be profitable for partners to pay different fees or the fees rate is going to be fixed?

The main idea that that cost of fees and any operations referres to different types of fees will be set for 3 years, so I suppose companies will not be involved in any boundaries of discomfort and overpayments, partners will be able to carry out activities with fixed commissions.
pyce
Member
**
Offline Offline

Activity: 266
Merit: 10


View Profile
October 18, 2018, 08:57:37 AM
 #1043

Hey team. How will constantly changing token rates affect the liquidity? Will this be profitable for partners to pay different fees or the fees rate is going to be fixed?

The main idea that that cost of fees and any operations referres to different types of fees will be set for 3 years, so I suppose companies will not be involved in any boundaries of discomfort and overpayments, partners will be able to carry out activities with fixed commissions.

Thanks for clarification. What about fees, they have mentioned that they are planning to charge low fees beginning with 0,001 usd, but it can be changed if I undertand this correctly. What factors are affect this amount of fees?
branchun77
Member
**
Offline Offline

Activity: 280
Merit: 10


View Profile
October 18, 2018, 08:59:53 AM
 #1044

Hey team. How will constantly changing token rates affect the liquidity? Will this be profitable for partners to pay different fees or the fees rate is going to be fixed?

The main idea that that cost of fees and any operations referres to different types of fees will be set for 3 years, so I suppose companies will not be involved in any boundaries of discomfort and overpayments, partners will be able to carry out activities with fixed commissions.

Thanks for clarification. What about fees, they have mentioned that they are planning to charge low fees beginning with 0,001 usd, but it can be changed if I undertand this correctly. What factors are affect this amount of fees?

The amount of fees depends on the number of transactions in a round, the sender’s transaction activity, the number of trusted nodes in a round, and the physical transaction size. Personally not aware of some specific formula that they are planning to use for this. Hope it will be more clear in future.
Notorious2000
Newbie
*
Offline Offline

Activity: 11
Merit: 0


View Profile
October 18, 2018, 09:03:06 AM
 #1045

Hey team. How will constantly changing token rates affect the liquidity? Will this be profitable for partners to pay different fees or the fees rate is going to be fixed?

The main idea that that cost of fees and any operations referres to different types of fees will be set for 3 years, so I suppose companies will not be involved in any boundaries of discomfort and overpayments, partners will be able to carry out activities with fixed commissions.

Thanks for clarification. What about fees, they have mentioned that they are planning to charge low fees beginning with 0,001 usd, but it can be changed if I undertand this correctly. What factors are affect this amount of fees?

The amount of fees depends on the number of transactions in a round, the sender’s transaction activity, the number of trusted nodes in a round, and the physical transaction size. Personally not aware of some specific formula that they are planning to use for this. Hope it will be more clear in future.

you can find their formula here - https://medium.com/@credits/transactionreleasefee-af2950eb28bf

This question is clarified a quite clearly in this article.
branchun77
Member
**
Offline Offline

Activity: 280
Merit: 10


View Profile
October 18, 2018, 09:05:19 AM
 #1046

Hey team. How will constantly changing token rates affect the liquidity? Will this be profitable for partners to pay different fees or the fees rate is going to be fixed?

The main idea that that cost of fees and any operations referres to different types of fees will be set for 3 years, so I suppose companies will not be involved in any boundaries of discomfort and overpayments, partners will be able to carry out activities with fixed commissions.

Thanks for clarification. What about fees, they have mentioned that they are planning to charge low fees beginning with 0,001 usd, but it can be changed if I undertand this correctly. What factors are affect this amount of fees?

The amount of fees depends on the number of transactions in a round, the sender’s transaction activity, the number of trusted nodes in a round, and the physical transaction size. Personally not aware of some specific formula that they are planning to use for this. Hope it will be more clear in future.

you can find their formula here - https://medium.com/@credits/transactionreleasefee-af2950eb28bf

This question is clarified a quite clearly in this article.

Great, Thanks a lot.
666#666
Member
**
Offline Offline

Activity: 462
Merit: 10


View Profile
October 18, 2018, 09:13:03 AM
 #1047

Congratulations to Credits team with a victory on Ethfinex and Bitfinex voting!
666#666
Member
**
Offline Offline

Activity: 462
Merit: 10


View Profile
October 18, 2018, 09:17:37 AM
 #1048

When are you going to conduct the second phase of load test?
Kotarastra
Jr. Member
*
Offline Offline

Activity: 81
Merit: 1


View Profile
October 18, 2018, 09:24:21 AM
 #1049

When are you going to conduct the second phase of load test?

As i far as i know Credits developers are optimizing a new version of release which is under internal test now. I hope after new release will be ready, they will announce dates of external test
2n2-jvc
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
October 18, 2018, 09:40:49 AM
 #1050

It seem that the only thing this scam project is able to do is doing closed testnet.

No wonder why each new days it dump deeper.



This progect is legit and i believe them. What they are doing is amazing! If it would be scam then what the sense to go around the world and represent their project in many conferences, find new partners and engaging auditors? By the way Lenovo and LeewayHertz have already partnered with them. These are two big companies with excellent reputation, just think about it. You should made research about Credits before doing baseless statements

Bitconnect did exactly the same, they made a lot of blockchain expo all other the world. This mean nothing. This is the job of a scam to look like legit. What kind of scam say openly that they are a scam Huh.....

And Lenovo never partnered with Credits. Credits just became a custommer of Lenovo-Ar blockchain (while Credits is supposed to have its own blockchain....). Don't fall into fake partnerships please....
Alienable
Newbie
*
Offline Offline

Activity: 45
Merit: 0


View Profile WWW
October 18, 2018, 10:26:47 AM
 #1051

Congratulations to Credits team with a victory on Ethfinex and Bitfinex voting!
Thanks for your support! Appreciate it

When are you going to conduct the second phase of load test?

As i far as i know Credits developers are optimizing a new version of release which is under internal test now. I hope after new release will be ready, they will announce dates of external test

External Load Test or 2 stage of testing will happen during Q4. Exact date will be announced 1 or 2 weeks in advance.
666#666
Member
**
Offline Offline

Activity: 462
Merit: 10


View Profile
October 18, 2018, 10:55:31 AM
Last edit: October 18, 2018, 11:39:36 AM by 666#666
 #1052

Congratulations to Credits team with a victory on Ethfinex and Bitfinex voting!
Thanks for your support! Appreciate it

When are you going to conduct the second phase of load test?

As i far as i know Credits developers are optimizing a new version of release which is under internal test now. I hope after new release will be ready, they will announce dates of external test

External Load Test or 2 stage of testing will happen during Q4. Exact date will be announced 1 or 2 weeks in advance.

Oh thank you, i am looking forward for it.
Karl Max
Member
**
Offline Offline

Activity: 378
Merit: 11


View Profile
October 18, 2018, 12:29:13 PM
 #1053











Head of Investor Relations Department Dmitriy Sheludko and Business Development Officer Kirill Mishanin representing Credits.com at NIKKEI xTECH EXPO
alan2here
Hero Member
*****
Offline Offline

Activity: 1052
Merit: 500


Stake & Vote or Become a IoTeX Delegate!


View Profile
October 18, 2018, 12:42:59 PM
 #1054

A nice day comes to this project. I have received the CS news listed at Bitfinex, Ethfinex and this may be the biggest news of the day. The value of the CS has grown tremendously from this information and this exchange will certainly make more people aware of this project. Right now you should invest before the CS price reaches $1 by the end of this year


               `^cder.         
          '-`ryRQQ#@@#O}-       
       .)ydi`!]PQQ#@@@@@#d}!   
  `:'`rU9660ZL:')TZ@@@@@@####O)
  `lVx<,:xWg@@@#g)iQB##@@##@@@M
  `lVcyWRBsy@@Q8Z*iQQQQB##@@@@M
  `x|G#@@@m)T<:<v~iB##@@#QQB#@M
     `)I$#m,-' `>]ZB#@@@#QQQB#3
  .>LKlxxxx_`<YUaKOQQQB#BB####P
:V5MMMTx^=*` .~xeaOQQg$RB@@@##P
 .<}ab*' .QQK\_`;<YMRO66B@@@@B}
     .`  .Q#@#Q3v`rcvvY3B#Mx_   
         .OKx*rxv`x66OX]=`     
               .!`xRdyr,       
                  !<'

IoTeX





▬▬INTERNET OF TRUSTED THINGS.▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬.
▬▬▬▬BECOME A MEMBER TODAY▬▬▬.





        ▄███████████████████▄
        █████████████████████
▄█████  █████████████████████
██████  ████             ████
███     █████████████████████
██████  ████             ████
██████  █████████████████████
███     █████████████████████
███████ ▀███████████████████▀
▀███████▄▄▄▄▄▄▄       ▀████
  ████▌                 ██   
  ▐██▌                       
   █▌








TWITTER
MEDIUM
REDDIT
TELEGRAM
FORUM
BITCOINTALK
blackberry862
Member
**
Offline Offline

Activity: 434
Merit: 12

Solaris & ZeroCoin & txbit.io exchange ! Go !!!


View Profile
October 18, 2018, 01:02:51 PM
 #1055

A nice day comes to this project. I have received the CS news listed at Bitfinex, Ethfinex and this may be the biggest news of the day. The value of the CS has grown tremendously from this information and this exchange will certainly make more people aware of this project. Right now you should invest before the CS price reaches $1 by the end of this year
Successful listings on big, top exchanges will help the CREDITS project at so many aspects, such as daily volume, momentum, and price, etc.
Bitfinex and Ethfinex will show their significant impacts on CREDITS liquidity next few weeks.
Waiting for the move of CREDITS, personally.
Uelairex
Jr. Member
*
Offline Offline

Activity: 176
Merit: 1


View Profile
October 18, 2018, 01:51:53 PM
 #1056

How many partners does CREDITS has at present time? How much of them are going to run ICO on CREDITS?

Last time i checked there were 100+ partners. i would like too see full list with names
Then maybe now there are many partners that are owned by CREDITS, I really hope that with more and more partners that can bring this project to success we see it continues to develop

LOL, why would any of those partners be owned by CREDITS? Don't you think that's just stupid to announce the partnership that could lead to you and cause FUD?

Yeah, I can't wait for more partners, heard there is some really big partner, bigger than even that Lenovo one.

I heard about it too. Cant wait for announcement... Do you have any thoughts who is that BIG partner?

Well, kind of hard to guess right now, but imo it should be bigger than Lenovo and in some way connected to IT sphere. Still, speculating won't help much right now, I look forward to  that announcement.
Great things await us!
Uelairex
Jr. Member
*
Offline Offline

Activity: 176
Merit: 1


View Profile
October 18, 2018, 01:53:40 PM
 #1057

During the short live testing session, approximately 17 gigabytes of data were produced. How will this huge amount of data be handled later?

Due to team official answer blockchain data size is being optimized for transaction size and length. Additional storage gains will be made by utilizing data compression within the database. It is expected that the released product will have vastly better compression suitable for production situations and use of nodes.

Are you aware what data compression algorithms they are using?

Sure. They use Huffman Algorithm. You are able to find out more about their work on data comression in one of their articles, I attach the link below
https://medium.com/@credits/credits-data-82dd6c895779

Is it final now that you're using this algo? Aren't there more powerful algos than this one? I'd like to know your thoughts on that
Alienable
Newbie
*
Offline Offline

Activity: 45
Merit: 0


View Profile WWW
October 18, 2018, 02:07:22 PM
 #1058

During the short live testing session, approximately 17 gigabytes of data were produced. How will this huge amount of data be handled later?

Due to team official answer blockchain data size is being optimized for transaction size and length. Additional storage gains will be made by utilizing data compression within the database. It is expected that the released product will have vastly better compression suitable for production situations and use of nodes.

Are you aware what data compression algorithms they are using?

Sure. They use Huffman Algorithm. You are able to find out more about their work on data comression in one of their articles, I attach the link below
https://medium.com/@credits/credits-data-82dd6c895779

Is it final now that you're using this algo? Aren't there more powerful algos than this one? I'd like to know your thoughts on that


Other algorithms exist, but also have their own advantages and disadvantages. The developers have chosen the best for our platform.
Dectonn
Jr. Member
*
Offline Offline

Activity: 127
Merit: 1


View Profile
October 18, 2018, 02:21:30 PM
 #1059

It seem that the only thing this scam project is able to do is doing closed testnet.

No wonder why each new days it dump deeper.



This progect is legit and i believe them. What they are doing is amazing! If it would be scam then what the sense to go around the world and represent their project in many conferences, find new partners and engaging auditors? By the way Lenovo and LeewayHertz have already partnered with them. These are two big companies with excellent reputation, just think about it. You should made research about Credits before doing baseless statements

Bitconnect did exactly the same, they made a lot of blockchain expo all other the world. This mean nothing. This is the job of a scam to look like legit. What kind of scam say openly that they are a scam Huh.....

And Lenovo never partnered with Credits. Credits just became a custommer of Lenovo-Ar blockchain (while Credits is supposed to have its own blockchain....). Don't fall into fake partnerships please....


You're entitled to your own opinion, but the team wouldn't have part of the funds locked until half of the tokens will be swapped for coins,  all team tokens locked until March 2019. I'm not even sure why you have time to come here and make these accusations, are you a troll or something?

LMAO Now this is  either FUD or you simply aren't educated enough to understand anything. Lenovo AR\AI doesn't have its own blockchain, they're engaged in completely different field, which is one of the first AR-solutions providers. Hopefully, you're educated enough to know that AR means Augmented reality.
announcement from CREDITS
Publication from Lenovo #1
Publication from Lenovo #2

Next time educate yourself, please
Dectonn
Jr. Member
*
Offline Offline

Activity: 127
Merit: 1


View Profile
October 18, 2018, 02:26:40 PM
 #1060

A nice day comes to this project. I have received the CS news listed at Bitfinex, Ethfinex and this may be the biggest news of the day. The value of the CS has grown tremendously from this information and this exchange will certainly make more people aware of this project. Right now you should invest before the CS price reaches $1 by the end of this year

Totally agree! Bitfinex\Ethinex listing is a good improvement, we haven't seen exchanges for some time, because the team decided not to waste our money to pay tremendous listing fee, though I'm glad they didn't pay it. These 2 exchanges will bring some good liquidity to CS, I'm sure of it, time to fill our bags:)
Pages: « 1 ... 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 [53] 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 ... 105 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!