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Author Topic: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]  (Read 24581 times)
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theleaf
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November 08, 2018, 07:26:12 PM
 #1301



Credits protect the company’s blockchain developments by filing patents on intellectual property

Link: https://medium.com/@credits/credits-filed-patents-8b0cf11f165a

7 Rising Leaders in the Crypto Industry You Need to Know, one of them is Credits CEO, Igor Chugunov
https://hackernoon.com/7-rising-leaders-in-the-crypto-industry-you-need-to-know-de0e2ce0d8c9

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November 09, 2018, 05:35:50 AM
 #1302

Guys, what feedback can you give about testnet 2.2? Can we call it stable? Please share your impressions shortly. Thanks!

It is the most accomplished version. I am impressed by the rapidity of the developers to solve bugs that we have to report. I am very satisfied and that comforts me in the ideas that we squeeze in time without any delay.
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November 09, 2018, 05:37:13 AM
 #1303

Guys, what feedback can you give about testnet 2.2? Can we call it stable? Please share your impressions shortly. Thanks!

Anyway you need to test it by yourself. It is very easy to install a node and run it. Try it!
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November 09, 2018, 06:29:36 AM
 #1304

Any news about Blockchain LifeForum in St. Petersburg?

Meet the Credits team at Blockchain LifeForum in St. Petersburg
https://twitter.com/creditscom/status/1060148308189085696

We participated in this Meet, the atmosphere was positive. I hope that soon we will see a detailed report about LifeForum
magisterr
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November 09, 2018, 06:32:17 AM
 #1305

How many TPS you have in 2nd version of testnet? And when maiinet launch? You will have sharding like your competitors (Tomochain, Zilliqa, Pchain)?

They haven't tested it yet, you can check the report from their 1st stage of testing.  The plan is to release mainnet to public during Q4 and it's already working for partners. As far as I know they don't have any sharding, everything is done on one chain.

So they will have slowly speed than their competitors? You mean maiinet working for partners? But why they have only unknow partnerships? Who is all this companies?


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micle222
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November 09, 2018, 07:02:28 AM
 #1306

Do you have a comparison with other next generation blockchain projects which developing nowdays? What advanages you have before them? And can you provide link to roadmap, because I can't find. I want to know when maiinet launch is planning? As a lot of projects going to launch in the end of this year and in Q1 2019...
Maybe it's more appropriate for you to see directly on the main website of Credits.
And then if you are not satisfied with the information from the main website then we can directly enter their ANN telegram group.

ref: https://credits.com/
ref: https://t.me/creditscom
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November 09, 2018, 07:25:08 AM
 #1307

How many TPS you have in 2nd version of testnet? And when maiinet launch? You will have sharding like your competitors (Tomochain, Zilliqa, Pchain)?

Basis of Credits platform is Dpos and bft, they mix features of these algorithms, implement new approach and create new consensus mechanism which has never been existing before, they are going to patent it, they have already filed the patent, check the recent news Wink
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November 09, 2018, 07:26:53 AM
 #1308

How many TPS you have in 2nd version of testnet? And when maiinet launch? You will have sharding like your competitors (Tomochain, Zilliqa, Pchain)?

High speed is achieved with us
1. Asynchronous processing of data
2. The entry of the pool in the chain occurs after the validation of all transactions of this pool
3. The consensus algorithm is achieved through the use of low-level programming languages
4. Parallel processing of data

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November 09, 2018, 07:28:15 AM
 #1309

How many TPS you have in 2nd version of testnet? And when maiinet launch? You will have sharding like your competitors (Tomochain, Zilliqa, Pchain)?

Basis of Credits platform is Dpos and bft, they mix features of these algorithms, implement new approach and create new consensus mechanism which has never been existing before, they are going to patent it, they have already filed the patent, check the recent news Wink
That means this system will have owned by credit platform only and it looks very interesting to see this one. So many platforms are not trying to do that. I guess this will help to protect the system from the clone or copycat.


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November 09, 2018, 07:39:48 AM
 #1310

Guys, what feedback can you give about testnet 2.2? Can we call it stable? Please share your impressions shortly. Thanks!

Recommend you to install it by yourself, nothing difficult and no any crazy technical stuff, according to my experience system behaviour is quite stable, transactions too fast for this universe, balances are displaying correctly, don't have patience to start mainnet nodes run
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November 09, 2018, 07:45:49 AM
 #1311



Credits protect the company’s blockchain developments by filing patents on intellectual property

Link: https://medium.com/@credits/credits-filed-patents-8b0cf11f165a

7 Rising Leaders in the Crypto Industry You Need to Know, one of them is Credits CEO, Igor Chugunov
https://hackernoon.com/7-rising-leaders-in-the-crypto-industry-you-need-to-know-de0e2ce0d8c9

So if any other projects use credits source code for their blockchain and make changes to it, would that be considered patent infringement?
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November 09, 2018, 07:49:21 AM
 #1312

How many TPS you have in 2nd version of testnet? And when maiinet launch? You will have sharding like your competitors (Tomochain, Zilliqa, Pchain)?

Basis of Credits platform is Dpos and bft, they mix features of these algorithms, implement new approach and create new consensus mechanism which has never been existing before, they are going to patent it, they have already filed the patent, check the recent news Wink
That means this system will have owned by credit platform only and it looks very interesting to see this one. So many platforms are not trying to do that. I guess this will help to protect the system from the clone or copycat.

Yeah peeps. The code is protected since the moment of application was filed, no one has the right to copy it and use it for any other blockchain, a very important decision of the team, I approve it
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November 09, 2018, 07:55:02 AM
 #1313

How many TPS you have in 2nd version of testnet? And when maiinet launch? You will have sharding like your competitors (Tomochain, Zilliqa, Pchain)?

They haven't tested it yet, you can check the report from their 1st stage of testing.  The plan is to release mainnet to public during Q4 and it's already working for partners. As far as I know they don't have any sharding, everything is done on one chain.

So they will have slowly speed than their competitors? You mean maiinet working for partners? But why they have only unknow partnerships? Who is all this companies?

Check the results of the previous testing round

Important report points:
1) Peak Number of 1,327,152 Transactions per second
2) Average number of 130,400 Transactions per second
3) Total amount of transactions - 305,136,000
4) Peak Number of 685,122 Transactions in a Single Block

This is many times more than their competitor have showed at present time, so make your own conclusions.

The most of partners that are already working on mainnet are under NDA, one of them is LeewayHertz which recently have presented joint development Social ID platform which is based on private chain currently.
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November 09, 2018, 07:57:57 AM
 #1314



Credits protect the company’s blockchain developments by filing patents on intellectual property

Link: https://medium.com/@credits/credits-filed-patents-8b0cf11f165a

7 Rising Leaders in the Crypto Industry You Need to Know, one of them is Credits CEO, Igor Chugunov
https://hackernoon.com/7-rising-leaders-in-the-crypto-industry-you-need-to-know-de0e2ce0d8c9

So if any other projects use credits source code for their blockchain and make changes to it, would that be considered patent infringement?

I feel yes, Credits team will have rights to kick of their ass that's why it's so important to protect your intellectual property
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November 09, 2018, 08:03:43 AM
 #1315



Credits protect the company’s blockchain developments by filing patents on intellectual property

Link: https://medium.com/@credits/credits-filed-patents-8b0cf11f165a

7 Rising Leaders in the Crypto Industry You Need to Know, one of them is Credits CEO, Igor Chugunov
https://hackernoon.com/7-rising-leaders-in-the-crypto-industry-you-need-to-know-de0e2ce0d8c9

So if any other projects use credits source code for their blockchain and make changes to it, would that be considered patent infringement?

I feel yes, Credits team will have rights to kick of their ass that's why it's so important to protect your intellectual property

My favourite part of the report

“We have carefully examined all the pros and cons of patent prosecution within the blockchain environment and decided to proceed with it. Credits is focused on protecting the developments that allow reaching the unique speed of 1,000,000 transactions per second, namely the transport protocol, consensus protocol and storage. Patent prosecution will allow to protect disruptive Credits technology from fraudulent use by third business parties. Yet it will still keep the technologies open and accessible to the whole world of individuals aiming to utilise blockchain”, explains Credits CEO & Founder Igor Chugunov.
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November 09, 2018, 08:05:16 AM
 #1316

Any news about Blockchain LifeForum in St. Petersburg?

Meet the Credits team at Blockchain LifeForum in St. Petersburg
https://twitter.com/creditscom/status/1060148308189085696

We participated in this Meet, the atmosphere was positive. I hope that soon we will see a detailed report about LifeForum

What about further exciting events that CREDITS team is planning to attend?
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November 09, 2018, 08:09:49 AM
 #1317

What about Q&A, CEO Igor will be presenting?  We have not seen him in a long time.

I think it'll be the same as the previous Q&A: CEO, CTO, Deputy CTO and PR-director

Looking forward to it, team has promised to announce more sapid news, hope big partnership deal will be disclosed, some details at least, it would be huge to attract more investors as I have noticed its number is growing rapidly within this month
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November 09, 2018, 08:46:47 AM
 #1318

Hi, everybody. Is there any information about when the blockchain of credits is planned to be launched?  I understand correctly that it will happen only next year?

Production Mainnet Release is scheduled for Q4 2018
Our next steps:
-To optimize current software release.
-To perform external load test.
Thanks for reply! I hope that the team will be able to successfully release their product. After all, a lot of people are looking forward to the release.

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November 09, 2018, 11:48:55 AM
 #1319



Meanwhile, Credits are going to Mongolia to
Building Digital Relationships Conference
To make an appointment, contact st@credits.com

More details:
https://www.facebook.com/events/334624977116845/
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November 09, 2018, 11:55:33 AM
 #1320

10 facts about credits you can tell your friends and people who doubt about the project


https://twitter.com/smartdesign1985/status/1060858653509591040
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