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Author Topic: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]  (Read 40202 times)
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October 18, 2018, 09:24:21 AM
 #1041

When are you going to conduct the second phase of load test?

As i far as i know Credits developers are optimizing a new version of release which is under internal test now. I hope after new release will be ready, they will announce dates of external test

Credits Blockchain Platform - Fast Transactions and Autonomous Smart Contracts.
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October 18, 2018, 09:40:49 AM
 #1042

It seem that the only thing this scam project is able to do is doing closed testnet.

No wonder why each new days it dump deeper.



This progect is legit and i believe them. What they are doing is amazing! If it would be scam then what the sense to go around the world and represent their project in many conferences, find new partners and engaging auditors? By the way Lenovo and LeewayHertz have already partnered with them. These are two big companies with excellent reputation, just think about it. You should made research about Credits before doing baseless statements

Bitconnect did exactly the same, they made a lot of blockchain expo all other the world. This mean nothing. This is the job of a scam to look like legit. What kind of scam say openly that they are a scam Huh.....

And Lenovo never partnered with Credits. Credits just became a custommer of Lenovo-Ar blockchain (while Credits is supposed to have its own blockchain....). Don't fall into fake partnerships please....
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October 18, 2018, 10:26:47 AM
 #1043

Congratulations to Credits team with a victory on Ethfinex and Bitfinex voting!
Thanks for your support! Appreciate it

When are you going to conduct the second phase of load test?

As i far as i know Credits developers are optimizing a new version of release which is under internal test now. I hope after new release will be ready, they will announce dates of external test

External Load Test or 2 stage of testing will happen during Q4. Exact date will be announced 1 or 2 weeks in advance.
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October 18, 2018, 10:55:31 AM
Last edit: October 18, 2018, 11:39:36 AM by 666#666
 #1044

Congratulations to Credits team with a victory on Ethfinex and Bitfinex voting!
Thanks for your support! Appreciate it

When are you going to conduct the second phase of load test?

As i far as i know Credits developers are optimizing a new version of release which is under internal test now. I hope after new release will be ready, they will announce dates of external test

External Load Test or 2 stage of testing will happen during Q4. Exact date will be announced 1 or 2 weeks in advance.

Oh thank you, i am looking forward for it.
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October 18, 2018, 12:29:13 PM
 #1045











Head of Investor Relations Department Dmitriy Sheludko and Business Development Officer Kirill Mishanin representing Credits.com at NIKKEI xTECH EXPO
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October 18, 2018, 12:42:59 PM
 #1046

A nice day comes to this project. I have received the CS news listed at Bitfinex, Ethfinex and this may be the biggest news of the day. The value of the CS has grown tremendously from this information and this exchange will certainly make more people aware of this project. Right now you should invest before the CS price reaches $1 by the end of this year

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October 18, 2018, 01:02:51 PM
 #1047

A nice day comes to this project. I have received the CS news listed at Bitfinex, Ethfinex and this may be the biggest news of the day. The value of the CS has grown tremendously from this information and this exchange will certainly make more people aware of this project. Right now you should invest before the CS price reaches $1 by the end of this year
Successful listings on big, top exchanges will help the CREDITS project at so many aspects, such as daily volume, momentum, and price, etc.
Bitfinex and Ethfinex will show their significant impacts on CREDITS liquidity next few weeks.
Waiting for the move of CREDITS, personally.
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October 18, 2018, 01:51:53 PM
 #1048

How many partners does CREDITS has at present time? How much of them are going to run ICO on CREDITS?

Last time i checked there were 100+ partners. i would like too see full list with names
Then maybe now there are many partners that are owned by CREDITS, I really hope that with more and more partners that can bring this project to success we see it continues to develop

LOL, why would any of those partners be owned by CREDITS? Don't you think that's just stupid to announce the partnership that could lead to you and cause FUD?

Yeah, I can't wait for more partners, heard there is some really big partner, bigger than even that Lenovo one.

I heard about it too. Cant wait for announcement... Do you have any thoughts who is that BIG partner?

Well, kind of hard to guess right now, but imo it should be bigger than Lenovo and in some way connected to IT sphere. Still, speculating won't help much right now, I look forward to  that announcement.
Great things await us!
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October 18, 2018, 01:53:40 PM
 #1049

During the short live testing session, approximately 17 gigabytes of data were produced. How will this huge amount of data be handled later?

Due to team official answer blockchain data size is being optimized for transaction size and length. Additional storage gains will be made by utilizing data compression within the database. It is expected that the released product will have vastly better compression suitable for production situations and use of nodes.

Are you aware what data compression algorithms they are using?

Sure. They use Huffman Algorithm. You are able to find out more about their work on data comression in one of their articles, I attach the link below
https://medium.com/@credits/credits-data-82dd6c895779

Is it final now that you're using this algo? Aren't there more powerful algos than this one? I'd like to know your thoughts on that
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October 18, 2018, 02:07:22 PM
 #1050

During the short live testing session, approximately 17 gigabytes of data were produced. How will this huge amount of data be handled later?

Due to team official answer blockchain data size is being optimized for transaction size and length. Additional storage gains will be made by utilizing data compression within the database. It is expected that the released product will have vastly better compression suitable for production situations and use of nodes.

Are you aware what data compression algorithms they are using?

Sure. They use Huffman Algorithm. You are able to find out more about their work on data comression in one of their articles, I attach the link below
https://medium.com/@credits/credits-data-82dd6c895779

Is it final now that you're using this algo? Aren't there more powerful algos than this one? I'd like to know your thoughts on that


Other algorithms exist, but also have their own advantages and disadvantages. The developers have chosen the best for our platform.
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October 18, 2018, 02:21:30 PM
 #1051

It seem that the only thing this scam project is able to do is doing closed testnet.

No wonder why each new days it dump deeper.



This progect is legit and i believe them. What they are doing is amazing! If it would be scam then what the sense to go around the world and represent their project in many conferences, find new partners and engaging auditors? By the way Lenovo and LeewayHertz have already partnered with them. These are two big companies with excellent reputation, just think about it. You should made research about Credits before doing baseless statements

Bitconnect did exactly the same, they made a lot of blockchain expo all other the world. This mean nothing. This is the job of a scam to look like legit. What kind of scam say openly that they are a scam Huh.....

And Lenovo never partnered with Credits. Credits just became a custommer of Lenovo-Ar blockchain (while Credits is supposed to have its own blockchain....). Don't fall into fake partnerships please....


You're entitled to your own opinion, but the team wouldn't have part of the funds locked until half of the tokens will be swapped for coins,  all team tokens locked until March 2019. I'm not even sure why you have time to come here and make these accusations, are you a troll or something?

LMAO Now this is  either FUD or you simply aren't educated enough to understand anything. Lenovo AR\AI doesn't have its own blockchain, they're engaged in completely different field, which is one of the first AR-solutions providers. Hopefully, you're educated enough to know that AR means Augmented reality.
announcement from CREDITS
Publication from Lenovo #1
Publication from Lenovo #2

Next time educate yourself, please
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October 18, 2018, 02:26:40 PM
 #1052

A nice day comes to this project. I have received the CS news listed at Bitfinex, Ethfinex and this may be the biggest news of the day. The value of the CS has grown tremendously from this information and this exchange will certainly make more people aware of this project. Right now you should invest before the CS price reaches $1 by the end of this year

Totally agree! Bitfinex\Ethinex listing is a good improvement, we haven't seen exchanges for some time, because the team decided not to waste our money to pay tremendous listing fee, though I'm glad they didn't pay it. These 2 exchanges will bring some good liquidity to CS, I'm sure of it, time to fill our bags:)
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October 18, 2018, 04:37:32 PM
 #1053

It seem that the only thing this scam project is able to do is doing closed testnet.

No wonder why each new days it dump deeper.



This progect is legit and i believe them. What they are doing is amazing! If it would be scam then what the sense to go around the world and represent their project in many conferences, find new partners and engaging auditors? By the way Lenovo and LeewayHertz have already partnered with them. These are two big companies with excellent reputation, just think about it. You should made research about Credits before doing baseless statements

Bitconnect did exactly the same, they made a lot of blockchain expo all other the world. This mean nothing. This is the job of a scam to look like legit. What kind of scam say openly that they are a scam Huh.....

And Lenovo never partnered with Credits. Credits just became a custommer of Lenovo-Ar blockchain (while Credits is supposed to have its own blockchain....). Don't fall into fake partnerships please....


You're entitled to your own opinion, but the team wouldn't have part of the funds locked until half of the tokens will be swapped for coins,  all team tokens locked until March 2019. I'm not even sure why you have time to come here and make these accusations, are you a troll or something?

LMAO Now this is  either FUD or you simply aren't educated enough to understand anything. Lenovo AR\AI doesn't have its own blockchain, they're engaged in completely different field, which is one of the first AR-solutions providers. Hopefully, you're educated enough to know that AR means Augmented reality.
announcement from CREDITS
Publication from Lenovo #1
Publication from Lenovo #2

Next time educate yourself, please

Leave him alone, he looks like a kid, I haven't heard any constructive arguments, so why do we have to persuade him?
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October 18, 2018, 07:13:34 PM
 #1054

Trading on Bitfinex has happened. USD/ETH pairs are available, that's wonderful move to get this exchange for long term. Thanks team
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October 18, 2018, 07:19:14 PM
 #1055

So how many nodes were used for first stage of platform test? And what was the general purpose of this ?
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October 18, 2018, 07:23:47 PM
 #1056

So how many nodes were used for first stage of platform test? And what was the general purpose of this ?
They were using 32 nodes distributed over the world. As I understand it was carried out for platform features test like scalability, resources
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October 18, 2018, 07:25:24 PM
 #1057

So how many nodes were used for first stage of platform test? And what was the general purpose of this ?
They were using 32 nodes distributed over the world. As I understand it was carried out for platform features test like scalability, resources

Were they using some transactions generators for this? How did it work?
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October 18, 2018, 07:28:48 PM
 #1058

So how many nodes were used for first stage of platform test? And what was the general purpose of this ?
They were using 32 nodes distributed over the world. As I understand it was carried out for platform features test like scalability, resources

Were they using some transactions generators for this? How did it work?

They had added special code to network node, they had been using 5 virtual machines finally.Transaction goes directly from node to network.
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October 18, 2018, 07:30:28 PM
 #1059

So how many nodes were used for first stage of platform test? And what was the general purpose of this ?
They were using 32 nodes distributed over the world. As I understand it was carried out for platform features test like scalability, resources

Were they using some transactions generators for this? How did it work?

They had added special code to network node, they had been using 5 virtual machines finally.Transaction goes directly from node to network.
What countries were they located?
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October 18, 2018, 07:31:09 PM
 #1060

So how many nodes were used for first stage of platform test? And what was the general purpose of this ?
They were using 32 nodes distributed over the world. As I understand it was carried out for platform features test like scalability, resources

Were they using some transactions generators for this? How did it work?

They had added special code to network node, they had been using 5 virtual machines finally.Transaction goes directly from node to network.
What countries were they located?

Canada, Germany, Australia, Poland, Latvia
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