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

[NotHatinJustTrollin]

The Process of Blockchain Renewal
After completing a test of a new assembly in the MainNet, Credits development team has started a thorough work on debugging. The process of troubleshooting is still underway. The earlier identified issue is not critical for the system as it does not manifest itself and will be remedied shortly.
Please be notified that despite making stable progress in the MainNet updating and the majority of the technical development, we are having a bit of delay.

Credits Web Wallet Updates
Credits development team has successfully implemented the test mode of a new “Fixed Period Delegation” function. From now on, users can delegate their CS without transferring the ownership of their coins to any other user. The delegated funds cannot be used for any purpose other than participating in the consensus algorithm.

More information: https://credits.com/news/249-credits-weekly-digest.html

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28.05.2021   News   Credits Weekly Digest



Welcome to Credits Weekly Digest!
 
Here you can find all our news and updates that have taken place over the past few days.
 
The Process of Blockchain Renewal
Given the short period elapsed since completing a test of a new assembly in the MainNet, there are no further developments to report separately beyond those that have been addressed in the previous report. Credits development team continues a thorough work on debugging.
 
Credits Web Wallet Updates
After a successful launch of the Fixed Period Delegation Function, we have performed several preliminary procedures on a test web wallet on implementing a more friendly format for inputting the dates. The Streamlined Inputting Dates Adjustment that displays a fixed period for coin delegation went public this week.

Read more: https://credits.com/news/252-credits-weekly-digest.html

28.05.2021   News   Credits Weekly Digest

[NotHatinJustTrollin]

The Process of Blockchain Renewal

Since completing a test of a new assembly in the MainNet, Credits development team has started a thorough work on debugging. The fixing procedure is over, and we are running tests on several of our nodes. We are actively monitoring its performance, as upon successful completion, we plan to release an update. Approximately, next week. The update implementation will allow the automatic repair of blockchain nodes. With its further uploading, we will move forward to the planned MainNet updates.

Third-Party Speedtest

A pleasant event in recent weeks was a third-party speed test of the Credits blockchain. Credits team notes with much gratitude that a speedtest was carried out with a high degree of professionalism. For more information on the results, please see a full report here.

[NotHatinJustTrollin]

Welcome to Credits Weekly Digest!

Here you can find all our news and updates that have taken place over the past few days.

The Process of Blockchain Renewal

Since the updating procedure is almost over, Credits development team is actively monitoring its performance. Upon successful finalization, we plan to release an update. Approximately, next week. The update implementation will allow the automatic repair of blockchain nodes making them more stable. With its further uploading, we will move forward to the planned MainNet updates.

Credits Web Wallet Updates

With the completion of the integration of Web Wallet and the launch of 1 more acquirer (backup) in the internal test, Credits team has started performing thorough work on debugging. Detailed research is necessary to determine the proper result. In order to avoid hidden problems, we carry out full identification.

Q&A Session with Credits CEO, Igor Chugunov

As usual, we’ve answered the most important questions received the previous week in Q&A Session with our CEO Igor Chugunov. Please find it here.

We look forward to receiving your feedback and continuing to bring you enhanced features down the road to make your cryptocurrency, financial, and blockchain experience more enjoyable.

You can find more information about our development plans:

Product Strategy 2021

Blockchain Roadmap 2021

All users are always welcomed to reach us out on our social media and in TG chats.

Thank you all for your continuous support! Stay updated with the latest in Credits!

Please keep in mind that dates may change slightly due to a large amount of work and circumstances that may occur during testing. However, the Credits team will do its best to meet the required timelines!

[terciduk123]

What about CS coins? I see the team is still working on developing the project, but the price of CS coin is falling very deep, when BTC and some other Altcoins reach new ATH, CS is still far from its old ATH price.
Has the team prepared something to increase the trading volume of the CS coin so that the price also increases?

[NotHatinJustTrollin]

Q&A Session with Credits CEO, Igor Chugunov



Greetings!

We are glad to see you at our Questions and Answers Session! Thank you for being eager to keep up to date with everything happening at Credits. Here are the latest questions from our community:

Q1: Admin said that Credits team will continue the request to ledger after the MainNet is done, why not do it at the same time? While updating mainnet while asking again?

A: I would like to note that we have some constraints, like human, time, and financial resources. It is more important for us to finish updating the MainNet. Therefore, the blockchain development team primarily deals with updates and fixes of the MainNet.

Q2: What plans or mechanism does Credits have in store to increase trading volume at Kucoin?

A: As you can see recently, trading volumes have dropped quite strongly for every market participant, including Credits. This is partly the result of the uncertainty of the market in general. On the other hand, we have some delays on our part. However, there is nothing to worry about here. We are keeping in touch with key exchanges. We estimate that the situation will soon improve, either through our efforts or through the efforts of third-party companies.

Q3. How are the scheduled deadlines and road map dates foreseen? Does CS team understands and Take into account the impact (on price and trust) of not accomplishing those dates?

A: Once again, the delays that many projects face are a pretty common occurrence. As a result, some of the teams completely abandon their road maps, but that is not our case. Despite all the difficulties that arise during our road, we are trying to implement the planned actions. The roadmap is a kind of development base that keeps the community track of our ongoing research and technical work. Yes, we do have some delays on the roadmap. However, we are moving steadily forward.

Check more: https://credits.com/news/260-qampa-session-with-credits-ceo-igor-chugunov.html

[NotHatinJustTrollin]

The Process of Blockchain Renewal

Since the updating procedure is almost over, Credits development team is actively monitoring and running some additional tests. In particular, a research test was launched to reveal the exact logical route when repairing a block and possible errors that prevent the corrupted block from being removed. Complete logging was compiled, and several fixes have been made. We continue testing directly on the MainNet to confirm high performance and workability. Upon successful finalization, we plan to release an update. The implementation of the update will allow the automatic repair of blockchain nodes, making them more stable. We'll keep you up-to-date with its further uploading.

Credits Wallet Updates

With the beginning of the thorough work on debugging, Credits team is doing the finishing touches. This format allows enough to avoid hidden issues. At the same time, we systematically conduct testing before the final release.

Read more: https://credits.com/261-credits-weekly-digest.html

[NotHatinJustTrollin]

Dear Credits Community, our Weekly Digest with the most interesting news is ready and waiting for you here:

https://credits.com/news/264-credits-weekly-digest.html