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Messages - Delicieuxz

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1
CEO Igor Chugunov will participate in a meetup covering blockchain for finance, funding and cryptocurrency trend, challenges and opportunities.

2
Good news for our community: https://credits.com/ is now available in Spanish, Korean, Japanese and Chinese!

4
CREDITS- perfect solution for business environment. You can learn more in our White Paper: https://goo.gl/4uNhaq

5
Hi everyone!
We’ve started PRE-ICO Whitelist with additional bonus and limited tokens before public PRE-ICO. We have already received $200k.
Buy for 50ETH and get 70% bonus! Limited
Are you going to take part?

6

Official CREDITS ANN thread

--------PreICO will start on October 25--------



Other Languages:
------------------
.• Chinese Simplified : (ANN, Whitepaper)
• Korean : (ANN, Whitepaper)
• Japanese : (ANN, Whitepaper)
• Spanish : (ANN, Whitepaper)
• German : (ANN, Whitepaper)
• Indonesian : (ANN, Whitepaper)
• Vietnamese : (ANN, Whitepaper)
• Romanian : (ANN, Whitepaper)
• Portuguese : (ANN, Whitepaper)
• Dutch : (ANN, Whitepaper)
• Italian : (ANN, Whitepaper)
• Bulgarian : (ANN, Whitepaper)
• Slovenian : (ANN, Whitepaper)
• Thai : (ANN, Whitepaper)
• Danish : (ANN, Whitepaper)
• Greek : (ANN, Whitepaper)
• Hindi : (ANN, Whitepaper)
• Polish : (ANN, Whitepaper)
• Russian: (ANN,Whitepaper)
• Swedish: (ANN, Whitepaper)
• Turkish: (ANN, Whitepaper)
• French: (ANN, Whitepaper)
• Filipino: (ANN, Whitepaper)
• Arabic: (ANN, Whitepaper)



Soft cap for the 1st round of ICO is 80 000 ETH,
Hard cap for the 1st round of ICO is 120 000 ETH,
1 ETH = 2 000 CREDITS (CS)


PROBLEM
______

Creation and performance of financial products on the basis of blockchains and smart contracts with quick transactions


GOAL
______

The creation of a decentralized sector of financial services on the basis of the participant(s), bypassing specialized financial institutions such as banks and intermediaries

WHY CAN'T THIS BE DONE NOW?
______

Popular platforms like Ethereum are not ready for financial transactions due to a slow rate of 0.5-15 minutes and a price of about 0.02-0.5 dollars per transaction. This is unacceptable for the financial industry.

CREDITS - creates a new platform for the operation of financial products on a unique scheme of building a blockchain/ledger with smart contracts, which achieves:

• A speed of processing transactions up to 1 million transactions per second
• An average processing time of 3 seconds per transaction
• Very inexpensive processing cost

BITCOIN / ETHEREUM
• Approximately 100 operations per second
• Average processing time of 0.5-15 min
• Cost up to 0.02-0.5 dollars per transaction

CREDITS aims to achieve a performance of 1 million transactions per second, an average processing time of 3 seconds and a mean peak value of 10 seconds.

The system is a distributed database with the principles of a blockchain/ledger - decentralized management and transfer of digital assets, invariability of records.

1. Distributed, decentralized storage and open source.
2. Support for public and private networks
3. Each entry is entered into the database of the blockchain/ledger without Merkle trees and sidechains by the processing of consensual transactions.
4. Coded in C/C++ with OOP principals - has the ability to build other compilers
5. Permissions set at the transaction level
6. The system is scalable (as the number of nodes increases, the number of transactions
processed per unit of time increases)
7. Transactions are added to the block for later consensus
8. Consensus model: federal with a mechanism for resolving most nodes with the permission to make a decision.
9. Virtual machine (VM) is used for executing smart contracts. Each contract executes in a separate isolated environment for increased security in VM, development is allowed in script languages (for example, JavaScript), extended work with the calendar and scheduler
10. PoW (Proof-of-work) + PoC (Proof-of-Capacity). Coins are issued in advance for a certain amount.

Bitcoin - payment system and money unit. The task is only to pass from one user to another. Slow blockchain
Similar: public blockchain/ledger, the internal cryptocurrency
Differences CREDITS: fast blockchain/ledger, the availability of smart contracts, orientation on the financial sector, supports different currencies

Ethereum - emphasis on the creation of smart contracts and recording them in the blockchain. All else is solved through the use of third-party services. Oriented for all industries. Slow blockchain
Similar: smart contracts, internal cryptocurrency
Differences CREDITS: another quick blockchain/ledger, supports different currencies, uses an internal system of calculations, focused on the financial sector

Ripple - only used as a settlement system and currency exchange. Closed for developers and companies
Similar: fast blockchain/ledger, a system settlement for different currencies, focused on the financial sector
Differences CREDITS: the availability of smart contracts, an open developers platform, any company can connect to the platform


What is CREDITS?
______

New open platform CREDITS for creation and management of financial services on the basis of the blockchain/ledger

The unique system of building a blockchain allows you to build financial services with high speed transaction processing up to 1 million per second and average speed transaction processing in 3 seconds. CREDITS truly opens up new opportunities to use the blockchain technology in the financial sector.


NEW GENERATION OF BLOCKCHAIN
______


.


SUPER HIGH SPEED

Blockchain with up to 1 000 000
transaction per second

 

PROCESSING TIME

Average processing time is 3 second
per transaction.

 

VERY LOW PRICE

Very low cost of translation.

CREDITS platform offers new and unique technical implementation of blockchain technology, smart contracts, data protocol and has its own internal cryptocurrency.

It is a platform with completely new technical network capabilities, speed, cost of transactions and total number of operations per second. It is an open platform which means that users and companies can create online services that implement the blockchain protocol.

We offer a new product for users. We designed new features by creating new algorithm to search for a consensus; a new scheme registry; an algorithm for processing and maintaining transaction - based solutions for finite state machines based on the model of Federal voting nodes.

The CREDITS platform offers a solution to low speeds and high transaction costs. It expands the potential which blockchain technology has for the financial industry and the Internet of Things.


.


Blockchain

Distributed, decentralized storage and open
source code. Support for public and private
networks.


Transactions

Each record is entered into the blockchain of
the block-less database without Merkle trees
and sidechaines by processing consensual
transactions.


Forming of blocks

Set permissions at the transaction level.
Transactions are added to the block for the
subsequent finding of a consensus on the
algorithm for finding the solution of the finite
state machine
.


Consensus model

Consensus model: federal with a mechanism
for resolving most nodes with permission to
make a decision.


Smart contracts

Each smart contract is performed in a
separate isolated virtual machine
environment, allowing development in script
languages ??(JavaScript),
extended work with
the calendar, scheduled


System

The system is scalable (as the number of
nodes increases, the number of transactions
processed per unit of time increases). The
lack of PoW protocol (Proof-of-work). Coins
are issued in advance in a certain amount

Technical features
______

.FeaturesCREDITSBitcoinEthereum
.Blockchain and Smart Contracts
.• Transaction Speed• 1 000 000 transaction per second (up to)• 10 transaction per second• 500 transaction per second (up to)
.• Block Interval• 3 seconds (average)• 10 minutes• 15 secondss
.• Block Size• Dynamic• 1 Mb• Dynamic
.• Consensus Algorithm• modified FA(Federated Agreement + PoW + PoC)• Proof of Work• Proof of Work
.• Flexible configured blockchain• Yes• No• No
.• Coins• CREDITS• Bitcoin• Ether
.• Smart contacts• Yes• No• Yes
.• Blockchain type• public, private• public• public
.• Turing-complete code for developing smart contracts• JS equal language• Non-systematic• Solidity, Serpent,etc
.• Decision Making Process• Democratic Congress (One node=One vote)• Non-systematic• Non-systematic
.• Speed executing contracts• 100 000 transaction per second (up to)• Non-systematic• 100 transaction per second (up to)
.• User technical features
.• Crypto algorithm• Symmetric-key algoritdm +• Asymmetric-key algoritdm• Asymmetric-key algoritdm
.• asymmetric-key algoritdm
.• Using third-party systems• Yes• No• No
.• Allow create own application• Yes• No (very hard)• Yes
.• API• Yes• No• Yes

Roadmap
______


.S1S2S3S4S5
.Pre-AlphaAlphaBetaRelease
candidate
Release
.• Storage, Consensus
  mFA Consensus
• FA : Key Design
  Implementation
• mFA : Key Design
  Implementation,PoW + PoC
• mFA Optimization–• optimisation
.• Data Store• Decentralization Ledger, NoSQL
  Store implementation
• MessagePack History• Blockchain backup––
.• CVM (Credits virtual
  machine)
• Design and Implementation• Integration witd ecosystem• Optimization• check errors–
.• tdird-party system–• Design and Implementation• integrate to full system–• optimisation
.• Inference Engine• Formal Specification and
  Key Design Elements
• Reasoner Integration with
  Blockchain
• Reasoner Optimization––
.• User interface• Implementation• Web UX design–––
.• Wallet• Wallet Formal specification–• UX design Application
  Test
• Android, iOS,
  Desktop Wallets
–
.• RPC and REST API• Formal specification• Blockchain Explorer–• third-party explorer–


Project Team
______


.

Chugunov Igor
CEO & Founder

Education: Banking. Experience:
12 years, including IT projects,
bank and credit internet services,
affiliate marketing company for banks
and PDL companies. Experience
withblockchain business: 2 years.
From 2016 working at the CREDITS
platform


Evgeniy Butyaev
CTO

Education: Engineer (software
development). Software
development experience: more than
10 years. Experience with blockchain
more than 3 years, including
European organizations – various
solutions based on blockchain for
different customers including
StateStreet; solutions based on
blockchain in Russia. From 2016 -
working at the CREDITS platform


Valentin Antonov
Team Lead

Education: Programmer. Experience:
more than 10 years as a programmer
and architect building complex and
high-loaded systems for the financial
and banking sectors. In the
blockchain industry for about
2 years. Qualified in platform
Ethereum.
.

Merejkin Michael
Web Developer

Education: Programmer. Joined the
team in 2016. Specialist in
developing web applications. In this
project he is responsible for custom
web application. Experience with MS
SQL, understands the functioning of
a relational DBMS. Web-based
applications on ASP.NET


Matushkina Elena
PR manager

Experience in PR for over 7 years.
Promotes brands and products in
media and over the Internet.
Participated in development of a
strategy of presence in social
networks, and continues working to
improve the concept. Content
creation (text, photo, video), the
reason for social networks.


Bruce Sadia
Development manager

Education: Master’s in
Communications and International
PR. Working experience over 3 years
in IT sphere with foreign people. She
is responsible for communicating
with foreign partners and
organizations.


Advisory board
______


.

Kyle Wang
Senior Consultant
IBM
Cleveland, USA

«The team is exceptional!
CREDITS is a novel approach
and cryptoeconomic innovation
within blockchain»


Michael Kapilkov
Blockchain Advisement
New York

«I am proud to announce that I
have joined 'CREDITS'​ as an ICO
Advisor» Founder Healthi,
CoFounder Altcoinz, CoFounder
I-virtual.


Elie Galam
Bancor Foundation
Financial Advisor
New York

Chief Investment Officer at
Eastmore Group, Advisor to
Legolas Exchange and Gimli


Artjom Aminov
Blockchain architect
at F&L Galaxy, inc
London, United Kingdom

Developer and architecture of
high-availability server-side
applications based on
blockchain technologies
.

Tyler Perry-Smith
Investor, Enthusiast
Savitr Capital
San Francisco

«CREDITS can be the catalyst
that takes blockchain
functionality to mainstream
business operations!»


Jacob Salvador
Investor & Trader
Blockchain Specialist
Oslo, Norway

Experienced Investment
professional in the venture
capital and private equity
industry. Skilled in Blockchain
technologies


Christophe Ozcan
Blockchain
technical - Expert
France

CEO & Co-founder at Crypto4All,
Blockchain Ecosystem Advisor
at Rockchain, Blockchain
commission member at AFNOR
Group


Presentation / ICO
______

The first stage is scheduled for Q4 2017.
Do not miss these opportunities, please stay connected in our social channels, and first let you know about the updates.


Bounty Campaign
______

We are offering our participants a total allocation of 2% from our overall token supply.
The total number of tokens in circulation may vary, depending on the actual amount raised during Token Sale;



But in any case 2% of tokens will still be designated to the bounty campaign
1 600 - 2400 ETH
1 ETH = 2 000 CREDITS (CS)


Bounty Campaign Token Allocation:

Overall Bounty:
4 800 000 - 7 200 000 CS (equals ~ 1 600 - 2 400 ETH)


Signature campaign 30%
1 440 000 - 2 160 000 CS (~ 480 - 720 ETH)

Facebook campaign 15%
720 000 - 1 080 000 CS (~ 240 - 360 ETH)

Twitter campaign 15%
720 000 - 10 80 000 CS (~ 240 - 360 ETH)

Blogs / News / Video Content campaign 10%
960 000 - 1 440 000 CS (~ 320 - 480 ETH)

Translation / Community Admin campaign 15%
720 000 - 1 080 000 CS (~ 240 - 360 ETH)

Telegram campaign 20%
240 000 - 360 000 CS (~ 80 - 120 ETH)

Join us on telegram



7
Georgian Language / Re: Cindicator | Georgian Translation
« on: September 24, 2017, 08:58:42 PM »
გამარჯობა. შემიძლია გითხრათ, როგორ შემიძლია შეძენა სიმბოლოები?

გამარჯობა. გადადით საიტზე, არის რეგისტრაცია. ყველაფერი მარტივია და ნათელია. გისურვებთ წარმატებას!

ფიქრობთ აზრი ახლა ინვესტირებას? როგორც მე მესმის, ისინი თითქმის ყველა შეგროვებული.

მე ვფიქრობ ასე. ფასი ჯერ კიდევ არ შეცვლილა.

როგორ ფიქრობთ, ICO- ის დასრულების შემდეგ ტოქსების ფასი გაიზრდება?

ვიმსჯელებთ დიდი მოთხოვნით, გაიზრდება. მაგრამ რას ფიქრობ?
მე არ ვიცი, მე არ მესმის ბევრი, ამიტომ გადავწყვიტე გკითხოთ. დაინახავდით, რომ ჩვენი გუნდი მათ გუნდშია?
არა  ;D ;D არსებობს სხვა საინტერესო პროექტები?
ალბათ იქ, მაგრამ მიმაჩნია, რომ ეს ერთ-ერთი საუკეთესოა

8
Georgian Language / Re: Cindicator | Georgian Translation
« on: September 24, 2017, 08:43:07 PM »
გამარჯობა. შემიძლია გითხრათ, როგორ შემიძლია შეძენა სიმბოლოები?

გამარჯობა. გადადით საიტზე, არის რეგისტრაცია. ყველაფერი მარტივია და ნათელია. გისურვებთ წარმატებას!

ფიქრობთ აზრი ახლა ინვესტირებას? როგორც მე მესმის, ისინი თითქმის ყველა შეგროვებული.

მე ვფიქრობ ასე. ფასი ჯერ კიდევ არ შეცვლილა.

როგორ ფიქრობთ, ICO- ის დასრულების შემდეგ ტოქსების ფასი გაიზრდება?

ვიმსჯელებთ დიდი მოთხოვნით, გაიზრდება. მაგრამ რას ფიქრობ?
მე არ ვიცი, მე არ მესმის ბევრი, ამიტომ გადავწყვიტე გკითხოთ. დაინახავდით, რომ ჩვენი გუნდი მათ გუნდშია?
ვიდეო. ვიმედოვნებ, რომ ეს არ არის ერთადერთი მიზეზი, რომელსაც გინდათ ინვესტიცია?

9
Georgian Language / Re: Cindicator | Georgian Translation
« on: September 24, 2017, 08:35:21 PM »
გამარჯობა. შემიძლია გითხრათ, როგორ შემიძლია შეძენა სიმბოლოები?

გამარჯობა. გადადით საიტზე, არის რეგისტრაცია. ყველაფერი მარტივია და ნათელია. გისურვებთ წარმატებას!

ფიქრობთ აზრი ახლა ინვესტირებას? როგორც მე მესმის, ისინი თითქმის ყველა შეგროვებული.

მე ვფიქრობ ასე. ფასი ჯერ კიდევ არ შეცვლილა.

როგორ ფიქრობთ, ICO- ის დასრულების შემდეგ ტოქსების ფასი გაიზრდება?

ვიმსჯელებთ დიდი მოთხოვნით, გაიზრდება. მაგრამ რას ფიქრობ?

10
Georgian Language / Re: Cindicator | Georgian Translation
« on: September 24, 2017, 08:08:33 PM »
გამარჯობა. შემიძლია გითხრათ, როგორ შემიძლია შეძენა სიმბოლოები?

გამარჯობა. გადადით საიტზე, არის რეგისტრაცია. ყველაფერი მარტივია და ნათელია. გისურვებთ წარმატებას!

ფიქრობთ აზრი ახლა ინვესტირებას? როგორც მე მესმის, ისინი თითქმის ყველა შეგროვებული.

მე ვფიქრობ ასე. ფასი ჯერ კიდევ არ შეცვლილა.

11
Georgian Language / Re: Cindicator | Georgian Translation
« on: September 24, 2017, 07:26:54 PM »
გამარჯობა. შემიძლია გითხრათ, როგორ შემიძლია შეძენა სიმბოლოები?

გამარჯობა. გადადით საიტზე, არის რეგისტრაცია. ყველაფერი მარტივია და ნათელია. გისურვებთ წარმატებას!

12
Georgian Language / Re: Cindicator | Georgian Translation
« on: September 24, 2017, 06:14:23 PM »
ძვირფასო Cindicator მეგობრები!
მოდით გაგიზიაროთ რამდენიმე დეტალი ჩვენს შესახებ Tier-4 ჩვენი White List ტოქშის გაყიდვა.

13
Georgian Language / Re: Cindicator | Georgian Translation
« on: September 24, 2017, 01:42:57 AM »
ჩვენ გადავწყვიტეთ დამატებითი დაცვის ზომების გატარება, რათა არ დავასკვნათ, რომ არც ერთი სკამერი ან უსამართლო მონაწილე არ მიიღებს ჩვენს თეთრ სიაში Tier-4: ჩვენ ვთხოვთ ყველა იმ განაცხადს, რომელთაც არ მიუღიათ მოწვევა ელფოსტის ან სოციალური მედიის ანგარიშების დასადასტურებლად. ჩვენ უკვე მიგვიწვია ელ.ფოსტის დეტალური ინსტრუქციები.

14
Georgian Language / Re: Cindicator | Georgian Translation
« on: September 22, 2017, 07:10:37 PM »
კიდევ ერთი დიდი მრჩეველი შეუერთდა ჩვენს Cindicator: Konstantin Gladych, CEO, co-founder ზე https://changelly.com/

15
Georgian Language / Re: Cindicator | Georgian Translation
« on: September 21, 2017, 09:28:08 PM »
გასულ კვირას ჩვენ წარმატებით დაიხურა Tier -1 და Tier -2. ამ დონეზე, ჩვენ 18,921,53 ETH- ით დავამატეთ - ჩვენი მაქსიმალური ქულის მესამე მესამედი.

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