CREDITS - Decentralized Financial System For Direct Interaction Among Participants With Peer-To-Peer Principles (P2P)



Komunitas Credits, my posting will introduce about the Credits Project and for more details let's just go to the following discussion Topics:

The CREDIT platform is a scattered financial scheme where participants and users can interact and conduct discussions through a peer-to-peer approach. Unlike other blockchain platforms that investors know to date, CREDIT allows participants to gather at one integrated website with the advantage of offering services and at the same time using them. This platform provides you with high efficiency, speed and transaction data management technology without the necessary challenges from intermediaries. This will allow participants to interact well and monitor the results relative.

As a unique investment and brand platform, CREDIT has its own Cryptococcal Credit (CSC). This is a very basic and creative solution especially considering the fact of 21st century market demand and supply. This is a new idea to blockchain technology, smart contracts and modern world data protocols. This is an entirely new system where users can create and customize services that enhance and consolidate the blockchain modus operandi. By discovering new algorithms in exploring outcomes, a new scheme is created through a new registry system, a digital mechanism for organizing, starting and supporting the function of maintaining a modern transaction-centered strategy whereby all users and participants have equal opportunity in voting and decision-making processes.

CREDIT allows participants to completely decentralize their transactions using a distributed ledger system. It also allows participants to verify and audit transactions cheaply based on their own interests. The platform uses the use of 'Network Ledger' and 'Network Nodes' in the process of generating, processing, storing, executing and customizing third party transactions in well-structured structures. In addition to the best efficient data management of financial transactions. Offered with CREDIT, smart contracts have been modified and ultimately simplified.
Through a process that allows participants to have full legal rights, the platform has gradually resolved the very complicated, preconely elaborate process of the old 'Old' contract system of contracts. The logic and regulations of the intelligent contract framework are strictly adhered to enable full transaction execution.

HOW DO IT WORK?

The unique system based on chain blocks allows you to build high-speed transaction processing financial services, up to 1 million times per second, the average transaction processing speed in 3 seconds offers very fast transaction speed as long as transaction costs are low. It does not just end here. To emphasize more, I will make a brief comparison of the credit platform with other competing platforms. First, look at the Bitcoin and Ethereum platforms that process about 100 transactions per second. This is very slow compared to what the credit offers. Also, the average processing time is 0.5 minutes to 15minutes and also the cost per transaction is about $ 0.02 to $ 0.5. This is highly unacceptable and unsuitable for the financial industry compared to what credit offerings.

ALL ABOUT CREDIT

Blockchain -: Distributed, decentralized storage and open source code. Support for public and private networks.
Transaction-: Each record is inserted into blocking database blockades without Merkle trees and sidechains by processing consensual transactions.
Block-establishment: Permissions are set at the transaction level. The transaction is added to the block to find further consensus with the algorithm to find a finite state machine solution.
Consensus model: The consensus model: federal with mechanism to resolve most of the nodes with permission to make decisions.
Smart contracts: Each smart contract is performed in a separate isolated virtual machine environment, allowing development in scripting languages ​​(JavaScript), extended work with scheduled calendars.
System: - The system is scalable (as the number of nodes increases, the number of transactions processed per unit of time increases). There is no mining so all coins are issued in a certain amount.


ABOUT TOKEN SALE AND DISTRIBUTION

PreICO will commence on 25 October We offer our participants a total allocation of 2% of our token supplies overall. The number of token in circulation usually varies, depending on the actual amount raised during the Token Sale; Soft cap for ICO's first round is 80,000 ETH,
Hard cap for the first round of ICO is 120 000 ETH,

But anyway, 2% of tokens will still be addressed to reward campaigns

  • 1 600-2400 ETH
  • 1 ETH = 2 000 CREDIT (CS) Total 100%
  • 2% for reward
  • 15% post reward for Founder and Team Operation 5%
  • 1% for advisor
  • 75% for Pre-ICO and ICO Bonus campaigns for
  • Purchase Bonus PRA-SALE for PRA sale - 30%

For more relevant information please follow some of the following Links:

Website: http: //credits.com/
Whitepaper: https: //credits.com/Content/Docs/TechnicalWhitePaperCREDITSEng.pdf
Facebook: https: //www.facebook.com/creditscom/
Twitter: https: //twitter.com/CreditsCom
Telegram: https: //t.me/creditscom

author: Early valora
https://bitcointalk.org/index.php?action=profile;u=1534497
ETH: 0x10D894668E0fFb6142B8d72c8AA1BDa3702701B0





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