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

[aioc]

I think everyone should make their own decisions, but I see the devs working hard and making progress. I just wanted to share my feelings with everyone
We generally see updates every 1-3 days, and got the last update yesterday. Based on this I would guess next week if the devs solve all bugs without new bugs arising.

As long as they update even if it once a week provided this is the kind of update investors and supporters wants to see, then it is fine with me, so far they are very transparent and everywhere, they have a huge team capable of doing on their roadmap, so its just a matter of time, the long wait will be over.

[1715682863]

1715682863

[1715682863]

1715682863

[Sunil36801985]

Is there any official date for Pre-release or actual release for credits??So after the full release by June or July the entire product for credits will be available???

[chillycoolll]

I hope that in this thread we will find a bit more objective and constructive discussions about CREDITS, instead of the fud spamming and commercial website linkings that were overflooding the previous ANN

[fortunecrypto]

Is there any official date for Pre-release or actual release for credits??So after the full release by June or July the entire product for credits will be available???

Check their telegram you will get a timely answer there, but I'm sure after they release the full product, it will be available immediately they are now testing it for any bugs and they want to come out a perfect product to be competitive in the market.

[Karl Max]

A new meetup in Seoul. For more details follow the link below.
Link: https://credits.com/ru/Home/New_Ins/4428

[Karl Max]

Today we had a meeting with Nitin Gaur, Director of IBM Blockchain Labs in CREDITS office.

[Smitten_Semi_Cameroon]

Interesting, that this guy from IBM has come calling.

I have an idea for a new product that could be built upon Credit$ platform, so I'm glad progress is being made.

This will be what makes Credit$ valuable.  What can be built upon it.

[betgmax]

A very good and interesting project, hoping that this ICO it will be successful and smooth. Good luck!

[Karl Max]

CREDITS token will participate in the vote of the HADAX - Huobi exchange.
Support CREDITS at https://www.hadax.com/vote/node_list/

For more details follow the link.
https://credits.com/ru/Home/New_Ins/4429

[PS1987]

quite a lot of dumping. Maybe insider news?

[TOM47]

Nitin Gaur, Director of IBM Blockchain Labs visited CREDITS Moscow office



Nitin Gaur, Director of IBM Blockchain Labs and a member of CREDITS Advisory Board visited CREDITS on the first day of his stay in Moscow. Few very productive hours with the founders of the project Igor Chugunov and Eugeniy Butyaev were dedicated to the discussions of the approach, tech path and development strategy of the project. A forward-thinking and business-minded executive, Nitin commented, “Our network defines the business model.”

Nitin also had a chance to meet the developers team and in depth discuss the consensus algorithm as well as crypto window processing and has shared a number of valuable advices. Based on this input our team is finishing modification and optimization of the protocol. The stochastic analysis of the reworked network nodes will be carried out as well. The modified pre-release will be presented for the testing following the stochastic analysis.

Nitin and the CREDITS team will join efforts in finding world-renowned and highly experienced professionals for joint testing and review of our platform. A search of the universities for peer reviews of CREDITS blockchain platform has also been initiated as they will surely prove to be very useful for the further development of the project.
https://medium.com/@credits/nitingaur-c11ca216d82f

[Karl Max]

Follow the link below to read a full report about  Nitin Gaur's visit to Moscow.
https://medium.com/@credits/nitingaur-c11ca216d82f

[traveler007]

quite a lot of dumping. Maybe insider news?

A whole market in red last days. So there is nothing surprising. When CS will be listed to Okex? Or something going wrong?

[Smitten_Semi_Cameroon]

Vote for Credits again?

If OKex rejected the project, which is a known as more of a bluechip exchange, why bother with Huobi?

I think Credits is crashing because speculators are losing interest.

The team should attend Comic Con, and forget about the exchanges.

Hopefully someone buys Credts, and makes some intelligent moves.

[Karl Max]

[npredtorch]

The price movement of CS is weird. What's happening is the opposite with all of these news.
The team is pushing for another exchange and advisors is at work but still the price keeps on decreasing. Manipulation of a whale? or maybe someone had pull out on CS.

[PS1987]

quite a lot of dumping. Maybe insider news?

A whole market in red last days. So there is nothing surprising. When CS will be listed to Okex? Or something going wrong?

Well, cs is one of the biggest losers last days. Quite strange with all the good news

[Smitten_Semi_Cameroon]

This has been a market wide selloff, and if you’ll notice the ranking of Credits has not budged, with respect to other coins on coin market cap. In fact, we are somewhat lower than the recent 180 in the ranking.

What is different this time, us that typically Credits has held up better, in a broad selloff, whereas this time it has not. It’s hard to theorize why that would be, unless you had speculators holding onto hopes of the larger exchanges coming on board, and when they didn’t, the speculators simply pulled out.

I think the bigger problem is that the peace settlement between the North Koreans and the United States appears to be on hold or even nonexistent now. A war on the Korean Peninsula, would probably severely hurt many projects. I think that unless you are viewed as a reserve currency, you would not be favorably held.

I don’t really see China allowing a war on the Korean Peninsula so I view the threat as unlikely, short term. I think if President Trump actually pushed for this war, he would find a lot of his military pushing back. China really holds all the cards.

[Makleyhill]

Transaction release fee determination process

Transaction release fee determination and the procedure for extracting a subset of valid transactions from a set of given transactions
The CREDITS platform charges a transaction fee. It means a certain number of CS — the system’s in-house tokens applicable to financial transactions — charged from the sender whenever a transaction is initiated. 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. The fees for every component are limited to the minimum and maximum values. In other words, even if the sender’s transaction activity is extremely high/low, the fee payable by the sender will never be higher/lower than the maximum/minimum limit. Let us take a closer look at the dependence between these components. https://medium.com/@credits/transactionreleasefee-af2950eb28bf

[Karl Max]

Follow the link below to read about the transaction release fee determination process and the procedure for extracting a subset of valid transactions from a set of given transactions.
Link : https://medium.com/@credits/transactionreleasefee-af2950eb28bf