Credits is a new kind of Blockchain that offers better transaction speed, lower cost, and much greater scalability. The platform has its own cryptocurrency, which is supported by smart and decentralized contracts.
This software is developed by CREDITS team to include a public and decentralized DLT blockchain, built-in fully self-executing smart contracts and CREDITS cryptocurrency. – Credits Team.
With all its advantages, this optimistic platform is able to be the main choice of all people to perform various transactions. Projects that can be said are very interesting. Find out more what is a Credits.com, in the following quick review.
Blockchain is a new technology that is currently busy talking a lot of people, along with the popularity of cryptocurrency. From time to time more and more people are interested in understanding, knowing how to work, and what benefits they can get from Blockchain.
As we know, Blockchain is a digital ledger that is used to store transaction data. Blockchain consists of a series of block networks that are already encrypted within a distributed network. Everyone can use Blockchain to store their digital data, authentically and securely guaranteed. The world’s most famous Blockchain technology is Bitcoin and Ethereum Network. The development of Blockchain is very fast, as evidenced by world-class companies such as Walt Disney, Visa, Microsoft, and Citibank who are interested in Blockchain.
But unfortunately, in the popularity of Blockchain that continues to skyrocket, users must be patient with the weaknesses that are considered less profitable. Whether it’s Blockchain Ethereum or Blockchain Bitcoin, both still have weaknesses that need to be addressed, especially when doing financial service transactions.
The first problem is the payment confirmation is very slow. It was so slow, processing per transaction could take hours. The main factor that triggers this is the overloaded system. Blockchain Bitcoin is only able to confirm 7 transactions per second. Meanwhile, Ethereum is capable of 100 transactions per second. This is certainly not balanced with the number of crypto transactions more and more. As a result, payment confirmation is slow and perceived as less efficient for both financial and business services.
This is the first problem you want to solve Credits. Credits offers the ability to process 1,000,000 transactions per second, without fear of overload. This is certainly different from Blockchain owned by Bitcoin, Ethereum, and other crypto.
In addition to slow, serious problems faced by Blockchain Bitcoin and Ethereal are cost per transaction is quite expensive. Each transaction is charged $ 0.002 – $ 0.005, while the Credits offer a much cheaper cost. Because the main purpose of Credits is to provide the best services in the field of financial processing, the new Blockchain protocols have better and more sophisticated techniques than the previous Blockchain. To be even better, the Credits platform does not forget to offer smart contracts and decentralized financial systems, which are free of any external rules.
With all of the advantages, credits optimistic he is able to be the best platform for urursan send and receive payment. Although still new, he is not afraid to compete with Ripple, Ethereum, or Bitcoin. The presence of Credits will greatly help the development of the world’s cryptocurrency community. All types of financial business applications can easily join into the network Credits. With Credits, every transaction will take place faster, cheaper, and it is definitely safe.
Having successfully reached the MVP or Minimum Viable Product, the platform will soon implement their ICO crypto, which is named Credits (CS). The total amount is 1,000,000,000 tokens. With 1% details for advisor, 2% for bounty, 2% for bug bounty, 15% for founders, 20% for operations, and the remaining 60% sold on ICO.
ICO Credits starts from February 15, 2018 – March 15, 2018. You can use BTC and ETH to buy a token Credits. Tokens that are unsold during the ICO period, are planned to be destroyed and burned.
Credits.com is the world’s newest cryptocurrency platform that is developing a better Blockchain technology project. The main features offered are greater scalability, more affordable transaction fees, and better transaction speed.
This platform is intentionally present for transaction processing or payment. Armed with the advantages it has, the optimistic Credits will not lose to Ripple, Bitcoin, and Ethereum.
The project that worked on this platform is very interesting, because it offers the best solution currently facing Blockchain Bitcoin and Ethereum. In the future, the development of Credits is visible.
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