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

[leps]

Well, I am following their updates on telegram. I am also following their twitter and in general all their media accounts I don't see anything that justifies this downtrend so that is why I am trying to find a reason for such low demand for Credits.

I've been following Credits since their ICO. My thoughts are that Credits had a bad marketing start and suffered from the beginning from a strong fud campaign. Thus they didn't catch the hype that many other projects do catch. Their marketing is at this moment still not what the project deserves and perhaps there's still a little fud echoing. But as you can see from the news messages they are doing very well in developing the content of the project. In tech and partnerships they are doing very well. It just takes a little longer for the community to pick up that Credits is actually a grand project.

I am aware of the fud campaign but the price of credits already suffured a huge drop from ATH from that campaign and because of the bear market. My question was regarding the new ATL price when exists ongoing development and partnership news.

They promised 1 mln TPS since ICO. But in testnet they had much less. And in mainnet even more less. So this is the reason may be. They didnt provide real promises...

As I see they took part in Consensus conferense. But I didnt understand: did they take part as speakers or as usual members only?

Like the guy in the post above said, they have reached more than 1 mil transactions per second in the internal load test.

They have a consensus conference report here: https://medium.com/@credits/credits-team-at-consensus-2019-report-bd778e9b1f45

[frcat]

They promised 1 mln TPS since ICO. But in testnet they had much less. And in mainnet even more less. So this is the reason may be. They didnt provide real promises...

This is not fully true. During the internal load test they reached an average of 130K TPS with a peak of 1.3M TPS.

At the launch of their mainnet they promised an initial 50K TPS. This adjustment downwards has to do with not many people running nodes yet. With expansion of the nodes network the TPS can be scaled up to the promised million TPS.

As I see they took part in Consensus conferense. But I didnt understand: did they take part as speakers or as usual members only?

They did not present on stage but have been networking.

Over the course of the meeting Credits team together with IBM, Hyperledger, Microsoft Azure, R3 Corda and Enterprise Ethereum Alliance were discussing the future perspectives of blockchain technology, tokenization and the opportunities for mass adoption of this new innovative technology.

Well, but 50k TPS - this is far from 1 mln. And how they want to increase up to 1 mln TPS? Via sharding? Are they going to have sharding?
Which type of nodes they have? POS or DPOS  and how much estimated ROI?

[Arrrvin]

Well, but 50k TPS - this is far from 1 mln. And how they want to increase up to 1 mln TPS? Via sharding? Are they going to have sharding?
Which type of nodes they have? POS or DPOS  and how much estimated ROI?

The 50K TPS is the minimum. Credits doesn't do sharding. With the increase of running nodes the capacity is also increased.

The consensus mechanisme used by Credits is based upon DPoS and BFT. You can read here more about the Credits consensus mechanism.

Is your question about the estimated ROI related to the ICO price and present price? 1 CS was 0.19 USD. The price on KuCoin is now around 0.06 USD.

[Zyaire]

CREDITS(CS) coin is listed on CoinSwitch exchange. Coinswitch is an aggregator of exchanges, it supports many leading exchanges. Instead of Logging in at different exchanges, one can trade without login by comparing the prices at different exchanges. Also, No KYC is required to trade at this exchange.

Exchange BTC to Credits coin at the best rate.

[Arrrvin]

Credits & Applicature Partnership

Credits

Within days Credits Blockchain Platform has taken a decision to establish cooperative relations with Applicature and signed a cooperation agreement.

[...].

“Credits is a top-notch blockchain platform with a talented team. We plan to drive blockchain adoption and enhance competitive advantages for projects by building first-class solutions for the enterprise market and opening getaway to accelerated blockchain development”, - noted Applicature CEO Ian Ihor Pidruchny.

Read the full article:

[Arrrvin]

CREDITS(CS) coin is listed on CoinSwitch exchange. Coinswitch is an aggregator of exchanges, it supports many leading exchanges. Instead of Logging in at different exchanges, one can trade without login by comparing the prices at different exchanges. Also, No KYC is required to trade at this exchange.

Exchange BTC to Credits coin at the best rate.

Note that for buying CS it is adviced to use one of the acknowledged exchanges mentioned on the Credits exchanges page.

Credits traders mostly advice to trade CS at KuCoin at this moment.

Credits announced that later other, and larger, exchanges will follow.

[Arrrvin]

Productive business trip to Germany.

Credits CTO - Evgeny Butaev is discovering new horizons for adoption of blockchain technology.

To the website:

[Arrrvin]

Credits & Primafelicitas Partnership

Credits

Credits is pleased to introduce our new fellow partner - Primafelicitas - a blockchain product development company that offers cutting-edge solutions to its clients and works forward enhance blockchain technologies.

Read the full article:

[Arrrvin]

Credits & Rego Techno Solutions Partnership

Credits

Credits Blockchain Platform is pleased to announce that it has entered into a new partnership with Rego Techno Solutions, a customer centric business entity that provides a wide range of different forms of essential software services.

Read the full article:

[Zyaire]

CREDITS(CS) coin is listed on CoinSwitch exchange. Coinswitch is an aggregator of exchanges, it supports many leading exchanges. Instead of Logging in at different exchanges, one can trade without login by comparing the prices at different exchanges. Also, No KYC is required to trade at this exchange.

Exchange BTC to Credits coin at the best rate.

Note that for buying CS it is adviced to use one of the acknowledged exchanges mentioned on the Credits exchanges page.

Credits traders mostly advice to trade CS at KuCoin at this moment.

Credits announced that later other, and larger, exchanges will follow.

Sure, they can trade on Kucoin. It was just an info that Credits is listed on Coinswitch exchange also. Thank you!

[Arrrvin]

Credits at IBM think Summit 2019

Credits

On the 15th of May, Credits team took part in the most high-profile event of IT-industry - IBM forum in Russia, Moscow Think Summit 2019. Our CTO Evgeny Butyeav represented the company's unique blockchain platform and demonstrated the viability of the project.

Read the full article:

[Arrrvin]

Credits & Oodles Partnership

Credits

Credits partners up with Oodles - the innovative technology services provider that offers revolutionized digital solutions and is passionate about development of the blockchain.

Read the full article:

[Arrrvin]

Credits Platform has officially joined Binance_Info transparency initiative.

By sharing project-related information such as news and progress reports on Binance Info, Credits is contributing to keeping the community informed.

Visit the Credits page on Binance Info:

[lonerangerh]

Credits & Endionit Partnership

Credits Blockchain Platform is glad to introduce a partnership agreement with Endionit, an IT-company that offers a complete range of amenities and services by utilizing first class technologies.

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

[MrFreeRoMan]

Tell me please, when can I make the transition from Ethereum? And what is needed for this? Give a guide

[JeffBrad12]

Tell me please, when can I make the transition from Ethereum? And what is needed for this? Give a guide

The swap is not yet available and according to the official telegram group and there will be a partial swap this month. The team was putting Q3 to complete all of the bug and then the main swap will be started if there will be no another delay again.

[Arrrvin]

Credits and Iteora Partnership

Credits

Credits is happy to announce that we have concluded the partnership agreement with Iteora, a web and mobile software developer with a highly successful track-record.

Read the full article:

[Arrrvin]

Transaction Processing Time

Credits

Raising transaction processing speed is one of the top priority lists for the blockchain technology development. Faster transaction speed is essential not only due to its convenience for crypto and dApps users but also because it is in a position to challenge traditional payment methods. After exploring the most competitive blockchain platforms, we can summarize that Credits stands out in the blockchain market due to its unique functionality and ability to provide both outstanding high speed and stability. To sum up, the Credits transaction processing speed is achieved through the Credits Consensus Protocol (using BFT principles), CDTP protocol, and platform optimization. The blockchain system with the processing speed from 0.1 of a second combined with the commission rates of as low as $0.001, appears to be an absolute competitor in the blockchain market.

Read the full article:

[Arrrvin]

Credits & Toughlex Partnership

Credits

The Credits team has signed a partnership agreement with Toughlex, the young forward-looking IT-company capable to meet various challenges and provide long-term complex solutions.

Read the full article:

[Arrrvin]

Credits is in every sense of the word more cool than Ethereum

No offence. Just facts.

To the website: