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

[branchun77]

How many TPS you have in 2nd version of testnet? And when maiinet launch? You will have sharding like your competitors (Tomochain, Zilliqa, Pchain)?

Basis of Credits platform is Dpos and bft, they mix features of these algorithms, implement new approach and create new consensus mechanism which has never been existing before, they are going to patent it, they have already filed the patent, check the recent news

That means this system will have owned by credit platform only and it looks very interesting to see this one. So many platforms are not trying to do that. I guess this will help to protect the system from the clone or copycat.

Yeah peeps. The code is protected since the moment of application was filed, no one has the right to copy it and use it for any other blockchain, a very important decision of the team, I approve it

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[branchun77]

How many TPS you have in 2nd version of testnet? And when maiinet launch? You will have sharding like your competitors (Tomochain, Zilliqa, Pchain)?

They haven't tested it yet, you can check the report from their 1st stage of testing.  The plan is to release mainnet to public during Q4 and it's already working for partners. As far as I know they don't have any sharding, everything is done on one chain.

So they will have slowly speed than their competitors? You mean maiinet working for partners? But why they have only unknow partnerships? Who is all this companies?

Check the results of the previous testing round

Important report points:
1) Peak Number of 1,327,152 Transactions per second
2) Average number of 130,400 Transactions per second
3) Total amount of transactions - 305,136,000
4) Peak Number of 685,122 Transactions in a Single Block

This is many times more than their competitor have showed at present time, so make your own conclusions.

The most of partners that are already working on mainnet are under NDA, one of them is LeewayHertz which recently have presented joint development Social ID platform which is based on private chain currently.

[branchun77]

Credits protect the company’s blockchain developments by filing patents on intellectual property

Link: https://medium.com/@credits/credits-filed-patents-8b0cf11f165a

7 Rising Leaders in the Crypto Industry You Need to Know, one of them is Credits CEO, Igor Chugunov
https://hackernoon.com/7-rising-leaders-in-the-crypto-industry-you-need-to-know-de0e2ce0d8c9

So if any other projects use credits source code for their blockchain and make changes to it, would that be considered patent infringement?

I feel yes, Credits team will have rights to kick of their ass that's why it's so important to protect your intellectual property

[branchun77]

Credits protect the company’s blockchain developments by filing patents on intellectual property

Link: https://medium.com/@credits/credits-filed-patents-8b0cf11f165a

7 Rising Leaders in the Crypto Industry You Need to Know, one of them is Credits CEO, Igor Chugunov
https://hackernoon.com/7-rising-leaders-in-the-crypto-industry-you-need-to-know-de0e2ce0d8c9

So if any other projects use credits source code for their blockchain and make changes to it, would that be considered patent infringement?

I feel yes, Credits team will have rights to kick of their ass that's why it's so important to protect your intellectual property

My favourite part of the report

“We have carefully examined all the pros and cons of patent prosecution within the blockchain environment and decided to proceed with it. Credits is focused on protecting the developments that allow reaching the unique speed of 1,000,000 transactions per second, namely the transport protocol, consensus protocol and storage. Patent prosecution will allow to protect disruptive Credits technology from fraudulent use by third business parties. Yet it will still keep the technologies open and accessible to the whole world of individuals aiming to utilise blockchain”, explains Credits CEO & Founder Igor Chugunov.

[branchun77]

Any news about Blockchain LifeForum in St. Petersburg?

Meet the Credits team at Blockchain LifeForum in St. Petersburg
https://twitter.com/creditscom/status/1060148308189085696

We participated in this Meet, the atmosphere was positive. I hope that soon we will see a detailed report about LifeForum

What about further exciting events that CREDITS team is planning to attend?

[pyce]

What about Q&A, CEO Igor will be presenting?  We have not seen him in a long time.

I think it'll be the same as the previous Q&A: CEO, CTO, Deputy CTO and PR-director

Looking forward to it, team has promised to announce more sapid news, hope big partnership deal will be disclosed, some details at least, it would be huge to attract more investors as I have noticed its number is growing rapidly within this month

[panosdada]

Hi, everybody. Is there any information about when the blockchain of credits is planned to be launched?  I understand correctly that it will happen only next year?

Production Mainnet Release is scheduled for Q4 2018
Our next steps:
-To optimize current software release.
-To perform external load test.

Thanks for reply! I hope that the team will be able to successfully release their product. After all, a lot of people are looking forward to the release.

[Karl Max]

Meanwhile, Credits are going to Mongolia to
Building Digital Relationships Conference
To make an appointment, contact st@credits.com

More details:
https://www.facebook.com/events/334624977116845/

[El Patron 777]

10 facts about credits you can tell your friends and people who doubt about the project


https://twitter.com/smartdesign1985/status/1060858653509591040

[Dectonn]

How many TPS you have in 2nd version of testnet? And when maiinet launch? You will have sharding like your competitors (Tomochain, Zilliqa, Pchain)?

They haven't tested it yet, you can check the report from their 1st stage of testing.  The plan is to release mainnet to public during Q4 and it's already working for partners. As far as I know they don't have any sharding, everything is done on one chain.

So they will have slowly speed than their competitors? You mean maiinet working for partners? But why they have only unknow partnerships? Who is all this companies?

Did you read the report, link to which I've provided? There's also external load test (in which anyone will be able to participate) and stress-test are coming at later date. As far as I know mainnet is launched for their partners that are planning to build a dapp on top of CS. Among those partners are LeewayHertz and Lenovo and some other established companies and there's also big partner that's not announced yet.

[Vasiliyolego]

https://d.radikal.ru/d04/1811/1b/5d54a044f5d2.jpg

Meanwhile, Credits are going to Mongolia to
Building Digital Relationships Conference
To make an appointment, contact st@credits.com

More details:
https://www.facebook.com/events/334624977116845/

Wow! Another conference! I like that Credits are more focused on conferences, just look at how many conferences they participated in the last two months.

[Dectonn]

Credits protect the company’s blockchain developments by filing patents on intellectual property

Link: https://medium.com/@credits/credits-filed-patents-8b0cf11f165a

7 Rising Leaders in the Crypto Industry You Need to Know, one of them is Credits CEO, Igor Chugunov
https://hackernoon.com/7-rising-leaders-in-the-crypto-industry-you-need-to-know-de0e2ce0d8c9

So if any other projects use credits source code for their blockchain and make changes to it, would that be considered patent infringement?

I feel yes, Credits team will have rights to kick of their ass that's why it's so important to protect your intellectual property

My favourite part of the report

“We have carefully examined all the pros and cons of patent prosecution within the blockchain environment and decided to proceed with it. Credits is focused on protecting the developments that allow reaching the unique speed of 1,000,000 transactions per second, namely the transport protocol, consensus protocol and storage. Patent prosecution will allow to protect disruptive Credits technology from fraudulent use by third business parties. Yet it will still keep the technologies open and accessible to the whole world of individuals aiming to utilise blockchain”, explains Credits CEO & Founder Igor Chugunov.

Yeah, that's good news, CS has to protect its technology from copycats, hopefully they will get patent rights and will do further planned tests without problems!

[666#666]

I've just noticed that you updated montior, it looks great!!! I like to watch how these blocks move, it sticks me

[guillzini]

Nice to read about the patents. It's another sign they take their work serious. Moves such as these help in achieving longevity in business.
Congrats!

[luckydevelop]

Just wanted to step by to say hello and also say that you guys have the prettiest-looking preview pictures for your news, seriously though, you have this whole marketing thing down, your project looks really exciting to me, I hope you're going to exceed everybody's expectations in the long run

[bigcrocodile]

Very excited about the 日経 xTECH EXPO thing… Will there be, like, a highlight reel or something? I wanna hear all about it!!

[stasyk411]

This is a good project, but I was embarrassed by one article in FORKLOG where a certain company evaluated the projects and pointed out to this project that they said they hadn’t done so far what they should have done half a year ago.

[cheus]

This is a good project, but I was embarrassed by one article in FORKLOG where a certain company evaluated the projects and pointed out to this project that they said they hadn’t done so far what they should have done half a year ago.

That was fake article, without any research about CREDITS

[Uelairex]

Credits protect the company’s blockchain developments by filing patents on intellectual property

Link: https://medium.com/@credits/credits-filed-patents-8b0cf11f165a

Oh my god, this is just perfect, all that is left is to wait for the application to be approved and for the team to get patent rights

[Uelairex]

Just wanted to step by to say hello and also say that you guys have the prettiest-looking preview pictures for your news, seriously though, you have this whole marketing thing down, your project looks really exciting to me, I hope you're going to exceed everybody's expectations in the long run

Yeah, I agree, preview pictures are gorgeous, most of them give you impression like "this is how future looks like", well, that's only for me though, can't tell for everyone else:)