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Author Topic: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]  (Read 25156 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. (129 posts by 5 users deleted.)
buurraakk
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December 18, 2018, 06:14:54 PM
Last edit: December 18, 2018, 06:44:45 PM by buurraakk
 #1681

And another delay of mainnet.
Told ya.

Guessing it will dump hardz
Prepare for “another buyig opprtunity” “thanks for selling noobs” “you will never get it so cheap”” comments


Going down harddd..
Guess this was the final nail in Credits' coffin.
Already at rank #175 (without that fake Lbank shit).
Probably sub 200 rank tonight.


But dont worry about the team.
They can still retire with the few millions that they probably have left from the ICO.
I mean, they didnt waste all that money on pointless exchange listings on stuff for a reason right.
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buurraakk
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December 18, 2018, 07:20:18 PM
 #1682

lol, just took 17000 blocks for the 'new stable release candidate testnet' to crash xD
Dectonn
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December 18, 2018, 09:30:45 PM
 #1683

Hello Friends,

some times it takes time to do all the programming etc. its a complex task and there may be delays. Credits team is very good. they always reply on every query in telegram. I am sure that it will be released this week.

Yeah, it's good you understand that, because many people can't get it to their head that this team is doing almost everything from a scratch, not just copy existing stuff and make it better.

2 more weeks to go, and these people are still expecting everything to be delivered on time.

I blame cs team, because they are still promisung mainnet in q4.
When eventually 31-12 clmes around and team launched “private mainnet v2.0” and token dumps another -50%, then you’ll come back here and bash the team again.

No way they will deliver mainnet on time. They cant even deliver testnet 3 since 30th of november, and signal server still hsnt been removed lol.

You again, huh, you seem to have a lot of time.

Only impatient fellows that don't understand what gem this project is (i.e. you, though you already sold, but whatever) will dump because of rescheduling to polish and optimize the platform.

Who cares if SS is still there, it doesn't do anything to the consensus and etc. Either way it'll be removed, there's already an alternative way to connect to the network through nodes IP. But you don't know that, because, guess what, you haven't tested the platform.


You know what does influence consensus?
The secret algoritm that team doesnt want to publish.
And the rules change that testnet 3.2 has implemented

Do you know what changed?
No you dont. You dont even knowhow the consensus algoritm works because its closed source.

Good luck investing in a black box.

Oh and signal server decides which node you connect to and atart downloading the chain.
Does give me an opprtunity to crash the chain by hacking the SS and deliberately letting people connect to malicious nodes, destroying trust in the chain.

Might be something EOS fanboys are interested in after mainnet is released, so don't expect prices to jump until the SS is completely removed and until the consensus code is fully opensourced.

But you fanboys don't understand those kinds of things.
You only understand fancy words like 1mtps, or smart contracts, instead of the real issues like consensus mechanisms, master node dependency, algorithm fairness in node selection, security of wallets, exponentially rising system requirements on node hardware as load on the network increases, centralisation of nodes on IBM servers, etc etc.

lol, people still waiting for CS to show their secret sauce to copy it, lmao. 

Signal server doesn't decide which node you're connecting to. It pings all network nodes that you've joined the network. And you're downloading the DB from random network node...
Dectonn
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December 18, 2018, 09:34:11 PM
 #1684

And another delay of mainnet.
Told ya.

Guessing it will dump hardz
Prepare for “another buyig opprtunity” “thanks for selling noobs” “you will never get it so cheap”” comments


Going down harddd..
Guess this was the final nail in Credits' coffin.
Already at rank #175 (without that fake Lbank shit).
Probably sub 200 rank tonight.


But dont worry about the team.
They can still retire with the few millions that they probably have left from the ICO.
I mean, they didnt waste all that money on pointless exchange listings on stuff for a reason right.

lmao, it's even better now that they released some pressure off them and will have time to conduct all planned test with no hurry and also optimize the platform, check for minor bugs and have more audits for security.

I'm totally fine with that.
Dectonn
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December 18, 2018, 09:35:24 PM
 #1685

Hello Friends,

some times it takes time to do all the programming etc. its a complex task and there may be delays. Credits team is very good. they always reply on every query in telegram. I am sure that it will be released this week.

Yeah, it's good you understand that, because many people can't get it to their head that this team is doing almost everything from a scratch, not just copy existing stuff and make it better.

2 more weeks to go, and these people are still expecting everything to be delivered on time.

I blame cs team, because they are still promisung mainnet in q4.
When eventually 31-12 clmes around and team launched “private mainnet v2.0” and token dumps another -50%, then you’ll come back here and bash the team again.

No way they will deliver mainnet on time. They cant even deliver testnet 3 since 30th of november, and signal server still hsnt been removed lol.

You again, huh, you seem to have a lot of time.

Only impatient fellows that don't understand what gem this project is (i.e. you, though you already sold, but whatever) will dump because of rescheduling to polish and optimize the platform.

Who cares if SS is still there, it doesn't do anything to the consensus and etc. Either way it'll be removed, there's already an alternative way to connect to the network through nodes IP. But you don't know that, because, guess what, you haven't tested the platform.


You know what does influence consensus?
The secret algoritm that team doesnt want to publish.
And the rules change that testnet 3.2 has implemented

Do you know what changed?
No you dont. You dont even knowhow the consensus algoritm works because its closed source.

Good luck investing in a black box.

Oh and signal server decides which node you connect to and atart downloading the chain.
Does give me an opprtunity to crash the chain by hacking the SS and deliberately letting people connect to malicious nodes, destroying trust in the chain.

Might be something EOS fanboys are interested in after mainnet is released, so don't expect prices to jump until the SS is completely removed and until the consensus code is fully opensourced.

But you fanboys don't understand those kinds of things.
You only understand fancy words like 1mtps, or smart contracts, instead of the real issues like consensus mechanisms, master node dependency, algorithm fairness in node selection, security of wallets, exponentially rising system requirements on node hardware as load on the network increases, centralisation of nodes on IBM servers, etc etc.

and by the way, team said full code will be published after those audits.
traveler007
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December 18, 2018, 10:00:33 PM
 #1686

They will have sharding like their competitors (Tomochain, Zilliqa, Pchain) ? How much TPS they had on testnet and when mainnet launch?

buurraakk
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December 18, 2018, 10:03:27 PM
 #1687

Hello Friends,

some times it takes time to do all the programming etc. its a complex task and there may be delays. Credits team is very good. they always reply on every query in telegram. I am sure that it will be released this week.

Yeah, it's good you understand that, because many people can't get it to their head that this team is doing almost everything from a scratch, not just copy existing stuff and make it better.

2 more weeks to go, and these people are still expecting everything to be delivered on time.

I blame cs team, because they are still promisung mainnet in q4.
When eventually 31-12 clmes around and team launched “private mainnet v2.0” and token dumps another -50%, then you’ll come back here and bash the team again.

No way they will deliver mainnet on time. They cant even deliver testnet 3 since 30th of november, and signal server still hsnt been removed lol.

You again, huh, you seem to have a lot of time.

Only impatient fellows that don't understand what gem this project is (i.e. you, though you already sold, but whatever) will dump because of rescheduling to polish and optimize the platform.

Who cares if SS is still there, it doesn't do anything to the consensus and etc. Either way it'll be removed, there's already an alternative way to connect to the network through nodes IP. But you don't know that, because, guess what, you haven't tested the platform.


You know what does influence consensus?
The secret algoritm that team doesnt want to publish.
And the rules change that testnet 3.2 has implemented

Do you know what changed?
No you dont. You dont even knowhow the consensus algoritm works because its closed source.

Good luck investing in a black box.

Oh and signal server decides which node you connect to and atart downloading the chain.
Does give me an opprtunity to crash the chain by hacking the SS and deliberately letting people connect to malicious nodes, destroying trust in the chain.

Might be something EOS fanboys are interested in after mainnet is released, so don't expect prices to jump until the SS is completely removed and until the consensus code is fully opensourced.

But you fanboys don't understand those kinds of things.
You only understand fancy words like 1mtps, or smart contracts, instead of the real issues like consensus mechanisms, master node dependency, algorithm fairness in node selection, security of wallets, exponentially rising system requirements on node hardware as load on the network increases, centralisation of nodes on IBM servers, etc etc.

and by the way, team said full code will be published after those audits.

Yes because this team had proven to trusthworthy with promises.
I mean, mainnet has only been delayed twice up until now.

Still no exchange listings.

Lets see if they are able to do a live test this weekend.
I’m guessing they’ll postpone that also a few weeks, because testnet 3.3 crashes rigjt out the gate xD
buurraakk
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December 18, 2018, 10:05:36 PM
 #1688

Hello Friends,

some times it takes time to do all the programming etc. its a complex task and there may be delays. Credits team is very good. they always reply on every query in telegram. I am sure that it will be released this week.

Yeah, it's good you understand that, because many people can't get it to their head that this team is doing almost everything from a scratch, not just copy existing stuff and make it better.

2 more weeks to go, and these people are still expecting everything to be delivered on time.

I blame cs team, because they are still promisung mainnet in q4.
When eventually 31-12 clmes around and team launched “private mainnet v2.0” and token dumps another -50%, then you’ll come back here and bash the team again.

No way they will deliver mainnet on time. They cant even deliver testnet 3 since 30th of november, and signal server still hsnt been removed lol.

You again, huh, you seem to have a lot of time.

Only impatient fellows that don't understand what gem this project is (i.e. you, though you already sold, but whatever) will dump because of rescheduling to polish and optimize the platform.

Who cares if SS is still there, it doesn't do anything to the consensus and etc. Either way it'll be removed, there's already an alternative way to connect to the network through nodes IP. But you don't know that, because, guess what, you haven't tested the platform.


You know what does influence consensus?
The secret algoritm that team doesnt want to publish.
And the rules change that testnet 3.2 has implemented

Do you know what changed?
No you dont. You dont even knowhow the consensus algoritm works because its closed source.

Good luck investing in a black box.

Oh and signal server decides which node you connect to and atart downloading the chain.
Does give me an opprtunity to crash the chain by hacking the SS and deliberately letting people connect to malicious nodes, destroying trust in the chain.

Might be something EOS fanboys are interested in after mainnet is released, so don't expect prices to jump until the SS is completely removed and until the consensus code is fully opensourced.

But you fanboys don't understand those kinds of things.
You only understand fancy words like 1mtps, or smart contracts, instead of the real issues like consensus mechanisms, master node dependency, algorithm fairness in node selection, security of wallets, exponentially rising system requirements on node hardware as load on the network increases, centralisation of nodes on IBM servers, etc etc.

lol, people still waiting for CS to show their secret sauce to copy it, lmao. 

Signal server doesn't decide which node you're connecting to. It pings all network nodes that you've joined the network. And you're downloading the DB from random network node...

So basically, i cant join the network without the signal server?
Wel except if i now an online node’s ip.
But then that node has to first connect througj a signal server to the network.

Hmm seems like the signsl server is kinda necessary to get things started; ie single point of failure.
Vasiliyolego
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December 19, 2018, 08:39:27 AM
 #1689

Congrats on the latest release!  An epic milestone reached yet again...my respects to this all star team
Vasiliyolego
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December 19, 2018, 08:49:50 AM
 #1690

If new version has all functions of Mainnet then it can handle mln tps, right?
Vasiliyolego
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December 19, 2018, 08:51:25 AM
 #1691

And another noob question, what else need to be optimized before mainnet release for public?
Kotarastra
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December 19, 2018, 10:19:09 AM
 #1692

If new version has all functions of Mainnet then it can handle mln tps, right?

They said that the scalability features are improved in comparison with the previous versions, so maybe we will see new peak number of transactions per second
Kotarastra
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December 19, 2018, 10:22:06 AM
 #1693

If new version has all functions of Mainnet then it can handle mln tps, right?

They said that the scalability features are improved in comparison with the previous versions, so maybe we will see new peak number of transactions per second

More details related to technical components of Testnet 3.3, updates and improvements will be explained in the next Developer’s Journal
buurraakk
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December 19, 2018, 01:43:17 PM
 #1694

Epic milestone indeed.
-16% xD
Dectonn
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December 19, 2018, 06:36:19 PM
 #1695

Hello Friends,

some times it takes time to do all the programming etc. its a complex task and there may be delays. Credits team is very good. they always reply on every query in telegram. I am sure that it will be released this week.

Yeah, it's good you understand that, because many people can't get it to their head that this team is doing almost everything from a scratch, not just copy existing stuff and make it better.

2 more weeks to go, and these people are still expecting everything to be delivered on time.

I blame cs team, because they are still promisung mainnet in q4.
When eventually 31-12 clmes around and team launched “private mainnet v2.0” and token dumps another -50%, then you’ll come back here and bash the team again.

No way they will deliver mainnet on time. They cant even deliver testnet 3 since 30th of november, and signal server still hsnt been removed lol.

You again, huh, you seem to have a lot of time.

Only impatient fellows that don't understand what gem this project is (i.e. you, though you already sold, but whatever) will dump because of rescheduling to polish and optimize the platform.

Who cares if SS is still there, it doesn't do anything to the consensus and etc. Either way it'll be removed, there's already an alternative way to connect to the network through nodes IP. But you don't know that, because, guess what, you haven't tested the platform.


You know what does influence consensus?
The secret algoritm that team doesnt want to publish.
And the rules change that testnet 3.2 has implemented

Do you know what changed?
No you dont. You dont even knowhow the consensus algoritm works because its closed source.

Good luck investing in a black box.

Oh and signal server decides which node you connect to and atart downloading the chain.
Does give me an opprtunity to crash the chain by hacking the SS and deliberately letting people connect to malicious nodes, destroying trust in the chain.

Might be something EOS fanboys are interested in after mainnet is released, so don't expect prices to jump until the SS is completely removed and until the consensus code is fully opensourced.

But you fanboys don't understand those kinds of things.
You only understand fancy words like 1mtps, or smart contracts, instead of the real issues like consensus mechanisms, master node dependency, algorithm fairness in node selection, security of wallets, exponentially rising system requirements on node hardware as load on the network increases, centralisation of nodes on IBM servers, etc etc.

lol, people still waiting for CS to show their secret sauce to copy it, lmao. 

Signal server doesn't decide which node you're connecting to. It pings all network nodes that you've joined the network. And you're downloading the DB from random network node...

So basically, i cant join the network without the signal server?
Wel except if i now an online node’s ip.
But then that node has to first connect througj a signal server to the network.

Hmm seems like the signsl server is kinda necessary to get things started; ie single point of failure.

Not necessary, cs team can launch their own nodes among the first and people could connect through them without SS. I'm not even sure why we're discussing this whent it's going to be removed either way.
Seems like a waste of time
Dectonn
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December 19, 2018, 06:37:34 PM
 #1696

If new version has all functions of Mainnet then it can handle mln tps, right?

They said that the scalability features are improved in comparison with the previous versions, so maybe we will see new peak number of transactions per second

More details related to technical components of Testnet 3.3, updates and improvements will be explained in the next Developer’s Journal

Did they say when it's going to be released or we're just waiting for now for decentralization test and aritlce about it?
Dectonn
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December 19, 2018, 06:38:43 PM
 #1697

Epic milestone indeed.
-16% xD


Yeah, it's such a great figure with these low volume and $0.10 price, right. Epic indeed. Only Huge dump could have caused that, right?
gembira
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December 19, 2018, 06:45:38 PM
 #1698

Epic milestone indeed.
-16% xD


Yeah, it's such a great figure with these low volume and $0.10 price, right. Epic indeed. Only Huge dump could have caused that, right?

Seems something strange with this coin. Today almost a whole market in green zone and this coin fallen. People dissappointed in this coin?
As I see they had yesterday another version of Testnet 3.3. How many TPS they arhieved in this testnet? And when full mainnet version planned for launch?



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buurraakk
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December 19, 2018, 07:32:44 PM
 #1699

Epic milestone indeed.
-16% xD


Yeah, it's such a great figure with these low volume and $0.10 price, right. Epic indeed. Only Huge dump could have caused that, right?

Seems something strange with this coin. Today almost a whole market in green zone and this coin fallen. People dissappointed in this coin?
As I see they had yesterday another version of Testnet 3.3. How many TPS they arhieved in this testnet? And when full mainnet version planned for launch?

0 tps at the moment.

The internal test was on an old version and was internal. 0 reliability
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December 19, 2018, 07:33:22 PM
 #1700

Epic milestone indeed.
-16% xD


Yeah, it's such a great figure with these low volume and $0.10 price, right. Epic indeed. Only Huge dump could have caused that, right?

Seems something strange with this coin. Today almost a whole market in green zone and this coin fallen. People dissappointed in this coin?
As I see they had yesterday another version of Testnet 3.3. How many TPS they arhieved in this testnet? And when full mainnet version planned for launch?

Thats what you get if you earn yourself the scam label.
Impossible to shed off, which I kept warning for.
Team refused to listen.
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