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Author Topic: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]  (Read 40208 times)
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July 17, 2018, 08:29:47 PM
 #561

The reason of this dump?

Many people thought that July 15th is the mainnet release due to miscommunication from CS team, not only that mainnet was not released but also no word on tps progress, seems to be just at 40-50tps now...
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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July 17, 2018, 08:34:57 PM
 #562

The reason of this dump?

Many people thought that July 15th is the mainnet release due to miscommunication from CS team, not only that mainnet was not released but also no word on tps progress, seems to be just at 40-50tps now...

Oh well, I took the discount anyway. My next buy is at 3,000 sats.
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July 17, 2018, 08:35:11 PM
 #563

I know the mainnet is coming are we going to need to swap tokens and if so how do we do that?
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July 17, 2018, 08:46:49 PM
 #564

I know the mainnet is coming are we going to need to swap tokens and if so how do we do that?
I guess the mainnet is available only to credits partners right now. Mainnet for public will be launched in q4 then there will be instructions for the token swap.  There is also going to be a TPS demonstration soon. That's what i read on their telegram.

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July 17, 2018, 09:04:34 PM
 #565

I know the mainnet is coming are we going to need to swap tokens and if so how do we do that?
I guess the mainnet is available only to credits partners right now. Mainnet for public will be launched in q4 then there will be instructions for the token swap.  There is also going to be a TPS demonstration soon. That's what i read on their telegram.

Did they give any more details about TPS demo, is it going to happen this month? I was banned from telegram because I said it was unprofessional how they handled July 15th deadline, many people got fooled by that date and now big dumps are happening, many people are mad.
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July 17, 2018, 09:32:31 PM
 #566

what is the expected reward for launching a node? When can we transfer cs token to cs wallet?
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July 17, 2018, 11:52:25 PM
 #567

can you give me a timeframe of the token to coin swap is gonna happen for general investor's? I'm going to be travelling the next 2 week should I bring cold wallet with me?
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July 18, 2018, 12:38:18 AM
 #568

Credits claim that they use BFT for consensus. The most efficient size of BFT model is about 50~80 nodes. When the network is bigger than this number, TPS will decrease rapidly. Millions of tx/s?"
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July 18, 2018, 03:47:10 AM
 #569

I know the mainnet is coming are we going to need to swap tokens and if so how do we do that?
I guess the mainnet is available only to credits partners right now. Mainnet for public will be launched in q4 then there will be instructions for the token swap.  There is also going to be a TPS demonstration soon. That's what i read on their telegram.

Ok that's good, I don't know if this is the reason why Credits is going down in the market, all the other coins including Bitcoin are up but its the other way around on Credits 4th quarter is still a few months to get that token swap, I still trust Credits will have a good run this year.


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July 18, 2018, 04:15:59 AM
 #570

Credits to the team for creating such impressive platform. I just wonder if this project already have some reviews or ratings from different people or websites. It can help to attract more supporters and investors.

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July 18, 2018, 05:50:55 AM
 #571

I know the mainnet is coming are we going to need to swap tokens and if so how do we do that?
I guess the mainnet is available only to credits partners right now. Mainnet for public will be launched in q4 then there will be instructions for the token swap.  There is also going to be a TPS demonstration soon. That's what i read on their telegram.

Ok that's good, I don't know if this is the reason why Credits is going down in the market, all the other coins including Bitcoin are up but its the other way around on Credits 4th quarter is still a few months to get that token swap, I still trust Credits will have a good run this year.
Just hope and wait. The new development phase of Credits begins and people do not need to worry about their investments because their team is still active and always brings up new updates on project development progress. Currently I am holding CS because I believe that this year the price will reach $ 5 CS and those who hold CS will have a good profit in the future.


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July 18, 2018, 06:48:25 AM
 #572

I know the mainnet is coming are we going to need to swap tokens and if so how do we do that?
I guess the mainnet is available only to credits partners right now. Mainnet for public will be launched in q4 then there will be instructions for the token swap.  There is also going to be a TPS demonstration soon. That's what i read on their telegram.

Ok that's good, I don't know if this is the reason why Credits is going down in the market, all the other coins including Bitcoin are up but its the other way around on Credits 4th quarter is still a few months to get that token swap, I still trust Credits will have a good run this year.
Just hope and wait. The new development phase of Credits begins and people do not need to worry about their investments because their team is still active and always brings up new updates on project development progress. Currently I am holding CS because I believe that this year the price will reach $ 5 CS and those who hold CS will have a good profit in the future.
If the team will deliver what they promise it will reach 5$ if not it will reach 1sat
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July 18, 2018, 07:50:19 AM
 #573

credits is one of the only blockchains with enough speed to do it. They should convince a credit/debit card network to use it
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July 18, 2018, 01:06:48 PM
 #574

Pillar and Credits’ teams will work together on cryptocurrency management wallet solution July 18, London

https://credits.com/en/Home/New_Ins/4081
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July 18, 2018, 01:11:19 PM
 #575

The application market of the block chain platform in the financial industry is very huge, and the CREDITS coin project has almost developed into a unicorn in this field, and it is very worthy of the investors to expect.
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July 18, 2018, 01:22:15 PM
 #576


Our new partner @pillarwallet is creating a decentralised, personal data management platform. What will the companies do over the course of their partnership?

Follow the link to find out
https://credits.com/en/Home/New_Ins/4081
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July 18, 2018, 02:39:39 PM
 #577

HOW MANY TPS? With all the advertising there is no real data!
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July 18, 2018, 03:29:13 PM
 #578

Pillar and Credits’ teams will work together on cryptocurrency management wallet solution July 18, London

https://credits.com/en/Home/New_Ins/4081

I know Pillar from a year ago and this project has good growth and I believe these partners will make Credits one of the best projects of this year and they are constantly updating the news for investors and always aim for new development in the future. I am sure the CS ecosystem in the future can change the world if they have a real product






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July 18, 2018, 07:41:52 PM
 #579


Community FAQ📁
More details here:
https://credits.com/en/Home/New_Ins/4082
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July 18, 2018, 08:41:49 PM
 #580

Credits has fluctuated between about 176 in ranking on CoinmarketCap a couple of days ago, to about 196 today. The fluctuation would appear to be due to the prerelease of the MainNet.

While I think patience is important, I'm not planning to hold Credits if it drops below 200 in ranking, since this would represent a clear abandonment by the community at large, relative to other projects that appear to have more promise.  

The market is not likely to be wrong, when it comes to its collective mindset. If Credits drops below, then rises above 200 again, I'll consider reinvesting.

That's my phonetic angelic name that you're using
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