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Author Topic: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]  (Read 25068 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. (106 posts by 5 users deleted.)
666#666
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December 26, 2018, 06:34:40 AM
 #1761

Nowadays, it is extremely difficult to track illegal data distribution and copyright breach on the Internet since free copying is almost unrestricted. How can Credits blockchain protect the rights of authors?

Credits platform enables to authenticate any digitalized work through a verified transaction. A user who wants to certify his work can initiate a transaction.The system will store the user’s file, and the data about it and the transaction will always be available in the hash of the transaction.To authenticate each individual work, the user simply initiates a new transaction.



What is the max size of uploaded files?

The size of uploaded files is not limited, which is convenient.
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Vasiliyolego
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December 26, 2018, 06:45:23 AM
 #1762

Is there an alternative? And what is better?
666#666
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December 26, 2018, 06:54:10 AM
 #1763

Is there an alternative? And what is better?

Of course there are a lot of services that are on the side of the author and protect the author’s content from illegal copying. I personally think blockchain is better. Sometimes in case of controversy authors provide their social network page data as evidence. The proof of this kind often works. However, such sites are known to impose specific requirements to content or censor publications, which some authors are not satisfied with.
Vasiliyolego
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December 26, 2018, 07:00:41 AM
 #1764

Nowadays, it is extremely difficult to track illegal data distribution and copyright breach on the Internet since free copying is almost unrestricted. How can Credits blockchain protect the rights of authors?

Credits platform enables to authenticate any digitalized work through a verified transaction. A user who wants to certify his work can initiate a transaction.The system will store the user’s file, and the data about it and the transaction will always be available in the hash of the transaction.To authenticate each individual work, the user simply initiates a new transaction.



Thus, a verified and signed transaction is very simple and reliable method to confirm authorship.
anggriani
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December 26, 2018, 07:13:36 AM
 #1765

I haven't been following credit for a long time, so has the token swap occurred, between CS erc20 into the CS token? Has the platform been launched?

Grabity New Paradigm of Internet  ●  Innovation Public Blockchain
████ Homepage  I  Medium  I  Telegram  I  Youtube  I  Facebook  I  Twitter  I Github  I  Pre-sale ████
Kotarastra
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December 26, 2018, 08:39:54 AM
 #1766

I haven't been following credit for a long time, so has the token swap occurred, between CS erc20 into the CS token? Has the platform been launched?

Credits have recently released new version of their platform Testnet 3.4 and are going to make additional security audits, so the swap of tokens moved to Q1
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December 26, 2018, 10:43:13 AM
 #1767

Hello Guys! What will happen to CS erc20 tokens if etherium hardforks before the token swap?

Who cares.

Mainnet won’t release anytime soon anyway Smiley

Probably q4-19 earliest looking at the state of testnet.

Will probably drop to .004ETH this week.


Well, people who are holding CS would care for starters.   

Yeah, q4, don't make me laugh, you're not a developer, you haven't look at the code or tested the platform. So what that testnet is unstable right now?  It has all functions, all they have to do is stabilize it which surely won't take them long and then continue with optimizations while audits are cooking.

Sometimes I simply don't get this negativity from people...

Yeah exactly. Audits were the excuse

Red4sec audit took 4 months
Fpcomplete is still ongoing.
3 more are planned

And you think those 3 will finish their audits in 2 months?

Will take at least 6 months.

Dude, when red4sec was announced and afterwards the code went through a lot of iterations and each time new code had to be provided to Red4Sec, because at that time platform didn't have all functions, but this one has and remember that auditing security of a wallet is not the same as auditing security of a consensus algo.  Wallets won't take much time, as for the other components, they are already finished and just require optimizations. 3months will suffice for audit companies to finish security audit


What wallet?
You mean the two lines of java called an excuse of a wallet? XD

How is the testnet 3.4 going?
How long did it take for the network to fork and crash? 4 minutes?

Yeah the 1.3mtps internal speed test result sounds really reliable with a testnet that crashes after 4 minutes.

Dont think mainnet will launch anytime soon.
They made almost 0 progress with the testnet since the “private mainnet” bullshit.
buurraakk
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December 26, 2018, 10:44:12 AM
 #1768

I haven't been following credit for a long time, so has the token swap occurred, between CS erc20 into the CS token? Has the platform been launched?

Credits have recently released new version of their platform Testnet 3.4 and are going to make additional security audits, so the swap of tokens moved to Q1

Yeah did you know the .x stands for how many minutes the network was online?
When 3.5 comes out, it will last 5 minutes before forking lol.
Dectonn
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December 26, 2018, 03:39:50 PM
 #1769

Nowadays, it is extremely difficult to track illegal data distribution and copyright breach on the Internet since free copying is almost unrestricted. How can Credits blockchain protect the rights of authors?

Credits platform enables to authenticate any digitalized work through a verified transaction. A user who wants to certify his work can initiate a transaction.The system will store the user’s file, and the data about it and the transaction will always be available in the hash of the transaction.To authenticate each individual work, the user simply initiates a new transaction.



Is there any detailed description of how it'll or should work?  Like through smart contract, some dapp maybe or?
Dectonn
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December 26, 2018, 03:53:29 PM
 #1770

I haven't been following credit for a long time, so has the token swap occurred, between CS erc20 into the CS token? Has the platform been launched?

Nah, it's been moved to Q1 for more audits and platform optimizations. People are playing with testnet right now and help team to test it in real-world environment
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December 26, 2018, 04:00:24 PM
 #1771

Hello Guys! What will happen to CS erc20 tokens if etherium hardforks before the token swap?

Who cares.

Mainnet won’t release anytime soon anyway Smiley

Probably q4-19 earliest looking at the state of testnet.

Will probably drop to .004ETH this week.


Well, people who are holding CS would care for starters.   

Yeah, q4, don't make me laugh, you're not a developer, you haven't look at the code or tested the platform. So what that testnet is unstable right now?  It has all functions, all they have to do is stabilize it which surely won't take them long and then continue with optimizations while audits are cooking.

Sometimes I simply don't get this negativity from people...

Yeah exactly. Audits were the excuse

Red4sec audit took 4 months
Fpcomplete is still ongoing.
3 more are planned

And you think those 3 will finish their audits in 2 months?

Will take at least 6 months.

Dude, when red4sec was announced and afterwards the code went through a lot of iterations and each time new code had to be provided to Red4Sec, because at that time platform didn't have all functions, but this one has and remember that auditing security of a wallet is not the same as auditing security of a consensus algo.  Wallets won't take much time, as for the other components, they are already finished and just require optimizations. 3months will suffice for audit companies to finish security audit


What wallet?
You mean the two lines of java called an excuse of a wallet? XD

How is the testnet 3.4 going?
How long did it take for the network to fork and crash? 4 minutes?

Yeah the 1.3mtps internal speed test result sounds really reliable with a testnet that crashes after 4 minutes.

Dont think mainnet will launch anytime soon.
They made almost 0 progress with the testnet since the “private mainnet” bullshit.

I mean the wallet, the code of which you can find at Github, but, well, it's you who I'm talking to, so know that there's github available.

It can be considered reliable, cause nodes were spread across the globe, dude, and number of nodes is not that relevant for their performance, it's relevant for stable tps.

That's how real environment testing goes, you know, 2.x run stable for a month or so, but at that time it hadn't all features, so I assume once they added all of them, something triggers network to go down. They patch things, release it to public and see how network behaves. All I can see is some frustraded dude who got banned for being a jerk in the chat.
Dectonn
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December 26, 2018, 04:05:32 PM
 #1772

Any info from the team about when the patch for current version will come out?
Uelairex
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December 27, 2018, 12:17:05 AM
 #1773

Nowadays, it is extremely difficult to track illegal data distribution and copyright breach on the Internet since free copying is almost unrestricted. How can Credits blockchain protect the rights of authors?

Credits platform enables to authenticate any digitalized work through a verified transaction. A user who wants to certify his work can initiate a transaction.The system will store the user’s file, and the data about it and the transaction will always be available in the hash of the transaction.To authenticate each individual work, the user simply initiates a new transaction.



Thanks, bud, so person uploads digitized work, sends transaction, receives hash tied to him. Size is not limited and uploaded work is stored in blockchain, right?
Uelairex
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December 27, 2018, 12:27:02 AM
 #1774

I haven't been following credit for a long time, so has the token swap occurred, between CS erc20 into the CS token? Has the platform been launched?

Nope, moved to Q1 due to additional audits and further platform optimizations. You can check the testnet, though it's a bit unstable right now,  I'd still recommend joining their TG channel, admins are always there:)
Uelairex
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December 27, 2018, 12:28:29 AM
 #1775

Hello Guys! What will happen to CS erc20 tokens if etherium hardforks before the token swap?

Who cares.

Mainnet won’t release anytime soon anyway Smiley

Probably q4-19 earliest looking at the state of testnet.

Will probably drop to .004ETH this week.


Well, people who are holding CS would care for starters.   

Yeah, q4, don't make me laugh, you're not a developer, you haven't look at the code or tested the platform. So what that testnet is unstable right now?  It has all functions, all they have to do is stabilize it which surely won't take them long and then continue with optimizations while audits are cooking.

Sometimes I simply don't get this negativity from people...

Yeah exactly. Audits were the excuse

Red4sec audit took 4 months
Fpcomplete is still ongoing.
3 more are planned

And you think those 3 will finish their audits in 2 months?

Will take at least 6 months.

Dude, when red4sec was announced and afterwards the code went through a lot of iterations and each time new code had to be provided to Red4Sec, because at that time platform didn't have all functions, but this one has and remember that auditing security of a wallet is not the same as auditing security of a consensus algo.  Wallets won't take much time, as for the other components, they are already finished and just require optimizations. 3months will suffice for audit companies to finish security audit


What wallet?
You mean the two lines of java called an excuse of a wallet? XD

How is the testnet 3.4 going?
How long did it take for the network to fork and crash? 4 minutes?

Yeah the 1.3mtps internal speed test result sounds really reliable with a testnet that crashes after 4 minutes.

Dont think mainnet will launch anytime soon.
They made almost 0 progress with the testnet since the “private mainnet” bullshit.


Everything is there, except 3 main components that are undergoing patenting, dude

https://github.com/CREDITSCOM
Uelairex
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December 27, 2018, 12:29:58 AM
 #1776

Hello Guys! What will happen to CS erc20 tokens if etherium hardforks before the token swap?

Who cares.

Mainnet won’t release anytime soon anyway Smiley

Probably q4-19 earliest looking at the state of testnet.

Will probably drop to .004ETH this week.


Well, people who are holding CS would care for starters.   

Yeah, q4, don't make me laugh, you're not a developer, you haven't look at the code or tested the platform. So what that testnet is unstable right now?  It has all functions, all they have to do is stabilize it which surely won't take them long and then continue with optimizations while audits are cooking.

Sometimes I simply don't get this negativity from people...

Yeah exactly. Audits were the excuse

Red4sec audit took 4 months
Fpcomplete is still ongoing.
3 more are planned

And you think those 3 will finish their audits in 2 months?

Will take at least 6 months.

Dude, when red4sec was announced and afterwards the code went through a lot of iterations and each time new code had to be provided to Red4Sec, because at that time platform didn't have all functions, but this one has and remember that auditing security of a wallet is not the same as auditing security of a consensus algo.  Wallets won't take much time, as for the other components, they are already finished and just require optimizations. 3months will suffice for audit companies to finish security audit


What wallet?
You mean the two lines of java called an excuse of a wallet? XD

How is the testnet 3.4 going?
How long did it take for the network to fork and crash? 4 minutes?

Yeah the 1.3mtps internal speed test result sounds really reliable with a testnet that crashes after 4 minutes.

Dont think mainnet will launch anytime soon.
They made almost 0 progress with the testnet since the “private mainnet” bullshit.

I mean the wallet, the code of which you can find at Github, but, well, it's you who I'm talking to, so know that there's github available.

It can be considered reliable, cause nodes were spread across the globe, dude, and number of nodes is not that relevant for their performance, it's relevant for stable tps.

That's how real environment testing goes, you know, 2.x run stable for a month or so, but at that time it hadn't all features, so I assume once they added all of them, something triggers network to go down. They patch things, release it to public and see how network behaves. All I can see is some frustraded dude who got banned for being a jerk in the chat.

Just  don't pay attention to him, he's been rightfully banned from TG, now he came here to release his frustration.
Uelairex
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December 27, 2018, 12:30:55 AM
 #1777

Any info from the team about when the patch for current version will come out?

No, no info for now, I think it's by the end of this week or 1st week of Jan.
Vasiliyolego
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December 27, 2018, 08:40:14 AM
 #1778

I haven't been following credit for a long time, so has the token swap occurred, between CS erc20 into the CS token? Has the platform been launched?

Credits have recently released new version of their platform Testnet 3.4 and are going to make additional security audits, so the swap of tokens moved to Q1

Yeah did you know the .x stands for how many minutes the network was online?
When 3.5 comes out, it will last 5 minutes before forking lol.

Nothing to worry about, this is Testnet. Do you know its purpose?
Kotarastra
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December 27, 2018, 08:57:08 AM
 #1779

I haven't been following credit for a long time, so has the token swap occurred, between CS erc20 into the CS token? Has the platform been launched?

Credits have recently released new version of their platform Testnet 3.4 and are going to make additional security audits, so the swap of tokens moved to Q1

Yeah did you know the .x stands for how many minutes the network was online?
When 3.5 comes out, it will last 5 minutes before forking lol.

Nothing to worry about, this is Testnet. Do you know its purpose?

Its purpose is to find bugs and fix them before mainnet launch
buurraakk
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December 27, 2018, 08:59:57 AM
 #1780

Dude they are having issues with block propagation because their block times is under a second.
No way they are going to solve a fundamental problem in 2 months, AND develop everything else like wallet website etc
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