[ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]

[Kienie]

It all depends on how you define 'circulating supply'.

CoinMarketCap is using their own method to determine the amount that is in circulation.

[...]
We have found that Circulating Supply is a much better metric than Total Supply for determining the market capitalization – Coins that are locked, reserved, or not able to be sold on the public market, are coins that cannot affect the price and thus should not be allowed to affect the market capitalization as well.
[...]
Circulating Supply is verified by our team through communication with the project’s team. We ask for details including but not limited to the initial distribution, private allocations, locked addresses, team-controlled addresses, and addresses containing portions of the supply allocated for future use. We examine the project’s blockchain and distribution table to determine the best approximation of what is freely circulating in the market based on the information provided. Once the information is verified, circulating supply is usually updated in real time by using relevant block explorer APIs.

Source: https://coinmarketcap.com/methodology/ ((7) Circulating Supply)

The Credits team has sent the info regarding the newly unlocked tokens back in March. The information of tokens being unlocked is also mentioned on their website, https://credits.com/en/Home/ICO With some knowledge you can even verify the unlock date that was set on the team wallets on Etherscan.

Depending on how you define the circulating supply we can say the following about tokens that are unlocked, let's call that the 'unlocked supply' for now:

Unlocked supply before first unlock (65% of total supply): 162 156 196,29 CS
Current unlocked supply (85% of total supply): 212 050 410,53 CS

Current supply according to CMC (April 22): 158 665 594 CS

So, why is the supply increasing on CMC? Here is your answer.

[1715197419]

1715197419

[1715197419]

1715197419

[cheus]

Developer's Journal #19 is out! Recent updates from Credits technical team.

Click the link below to read the full article

https://developers.credits.com/en/NewsPage/Developers_Journal_19

[gembira]

As i see mainnet was launched in the end of March? How many TPS they was able to hit? As I  remember they promised 1 mln TPS....

[cheus]

Credits Testnet v4.2.409 software update.

We have performed the work on optimization of Testnet version with a subsequent plan to update Mainnet version. We plan to start partial swap as soon as stability test will be carried out successfully.

Detailed information about fixed flaws and bugs - https://developers.credits.com/en/NewsPage/Developers_Journal_19

Web Wallet - https://wallet.credits.com/testnet
Monitor - https://monitor.credits.com/testnet-r4_2
Download node for Linux and Windows - https://developers.credits.com/en/Articles/a_TestNet

[DeViL303]

Credits developers team participated in C++ Russian conference held in Moscow on 19th-20th of April.
https://twitter.com/creditscom/status/1121407334352396288

[Arrrvin]

Credits developers team participated in C++ Russian conference held in Moscow on 19th-20th of April.
https://twitter.com/creditscom/status/1121407334352396288

Credits developers team participated in C++ Russian conference held in Moscow on 19th-20th of April. Over the course of the conference, Kaspersky and JetBrains carried out a C++ quiz contest.

Our developers participated in both contests and won them.

[...]

Credits programmers showed excellent results, thereby they prove the high level of competences in programming. Thus, we can proudly declare that our programmers are included in the list of the best domestic programmers and respectively worldwide.

[cheus]

The next step of Credits source code publication.

The parts referred to Desktop Wallet, Smart Contract Executor and API client are available on Credits Github.

Check it out - https://github.com/CREDITSCOM/ewa

[Arrrvin]

Evgeny Butaev - CTO of Credits Blockchain Platform will participate in the IBM Think Moscow conference on the 15th of May

The subject of his speech is integration of IBM services and blockchain technology into existing businesess.

Link to the Russian IBM tweet:

[Arrrvin]

Credits is pleased to announce a new partnership with Blockchainfirm

Credits

Blockchainfirm is committed to offering its partners robust incentives, paving the way for the greater success of our partnership and Credits technology. Our unique features and tools for simple and affordable Dapps development is the way to achieve recognition across the globe and move the adoption of Credits platform forward.

Read the full article:

[Arrrvin]

Credits Team at IBM Think Summit

Credits

May 15, 2019
Think Summit Moscow is IBM's annual business and technology conference in Russia, dedicated to the latest advances in artificial intelligence (AI), cloud technologies, infrastructure solutions and business information security.

The conference discovers opportunities for an open exchange of ideas and experience between business experts, IT professionals and opinion leaders.

Read the full article:

[Arrrvin]

Credits Mainnet Software Update

Credits

We are happy to announce the release of Credits MainNet v4.2.410.0. At present time, everybody is able to run and synchronize nodes of the main network.

Further, we are planning to carry out small airdrop for our community in order to test platform stability. Participants will need to send transactions, create and send tokens, deploy and execute smart contracts. Every kind of action will be rewarded. Additional information about prize pool and exact terms will be shared in one of the upcoming articles.

Download Mainnet database, speed up the process of synchronization and enjoy testing!
https://yadi.sk/d/pac20iIIghHxOA
https://www.swisstransfer.com/d/ef5fcba7-2eb3-478f-9b51-942bc49ec077
https://drive.google.com/file/d/1l4cDVepYcS-d259j7s3CHpw84m0RuBwT/view
 
Download nodes for Windows and Linux - https://developers.credits.com/en/Articles/Releases
Monitor - https://monitor.credits.com/CreditsNetwork/
Web Wallet - https://wallet.credits.com/

[Arrrvin]

Credits & S-Pro

Credits

Credits team is delighted to announce the signed partnership agreement with S-PRO - software development and consulting company.

Read the full article:

[Arrrvin]

Credits & E-Soft

Credits

Credits team is pleased to announce a new partner E-Soft solution, subsidiary company of Sagar Group.

Read the full article:

[thinkme1st]

Credits Mainnet Software Update

Credits

We are happy to announce the release of Credits MainNet v4.2.410.0. At present time, everybody is able to run and synchronize nodes of the main network.

Further, we are planning to carry out small airdrop for our community in order to test platform stability. Participants will need to send transactions, create and send tokens, deploy and execute smart contracts. Every kind of action will be rewarded. Additional information about prize pool and exact terms will be shared in one of the upcoming articles.

Download Mainnet database, speed up the process of synchronization and enjoy testing!
https://yadi.sk/d/pac20iIIghHxOA
https://www.swisstransfer.com/d/ef5fcba7-2eb3-478f-9b51-942bc49ec077
https://drive.google.com/file/d/1l4cDVepYcS-d259j7s3CHpw84m0RuBwT/view
 
Download nodes for Windows and Linux - https://developers.credits.com/en/Articles/Releases
Monitor - https://monitor.credits.com/CreditsNetwork/
Web Wallet - https://wallet.credits.com/

That's great. What about the token swap? I have my tokens stored on kucoin so can you confirm if Kucoin will support CS token swap so i don't have to worry whenever the swap process starts.

[Arrrvin]

That's great. What about the token swap? I have my tokens stored on kucoin so can you confirm if Kucoin will support CS token swap so i don't have to worry whenever the swap process starts.

It shall be announced which exchanges shall support the token swap. It is very likely that KuCoin will be among those. However to be sure it is best to stay tuned for official announcements about the token swap.

[Arrrvin]

Token Swap

Token swaps will take place in phases beginning with our Mainnet Launch.

Token Swap Phase 1 - Development and Stability test

We will also provide a partial swap option with a fixed limit amount of coins per person to allow for the development and use of decentralized applications and services, based on the Credits protocol. Exact amount of coins available for swap will be announced when Mainnet will go live.

Token Swap Phase 2 - Public Swap

A full swap of tokens will occur after 2-3 months of stable Mainnet operations. This measure has taken with focus to maintain the high level of platform security. As such, we intend to carry out our bug bounty campaign and test the level of platform workflow at different layers before the beginning the common public swap.

The common public swap will be accomplished via either exchanges or via a smart contract.  The token swap will be announced 1 month prior to the commencement of the swap:

• Exchange Token Swap - users may transfer tokens to an exchange where the token swap will be executed.  Exchanges on which the swap will occur will be provided at a later date. For now, CS token holders can store their tokens on any ERC20 compatible wallet.
• Smart Contract Token Swap - A web-enabled smart contract for swapping CS tokens for CS coins will be provided for users that do not wish to use an exchange. Complete instructions will be provided a month before the start of the swap.

[Arrrvin]

Airdrop for Credits community. Stage 1

Credits

The Credits team is delighted to announce the launch of an official airdrop campaign designed to motivate platform testing activities. We would like to thank everyone who showed up to support Credits Platform and Credits blockchain community.

Read the full article:

[Arrrvin]

Credits Team at Consensus 2019, New York

Credits

Great news everyone! Credits team will attend Consensus 2019 in New York. Our CEO - Igor Chugunov, and Business Development Officer - Kirill Mishanin, will be there all days between 13-15th of May next week.

Read the full article:

[tiCeR]

Credits Team at Consensus 2019, New York

Credits

Great news everyone! Credits team will attend Consensus 2019 in New York. Our CEO - Igor Chugunov, and Business Development Officer - Kirill Mishanin, will be there all days between 13-15th of May next week.

Read the full article:

Best conference you can actually go. Will you also have a speech there or just represent the project?

[Arrrvin]

Best conference you can actually go. Will you also have a speech there or just represent the project?

There is no Credits presentation / speech planned.