Credits (CS) - Will it be the coin of future?

in #bitcoin6 years ago (edited)

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Credits, in my opinion, is a promising project that can be valued in future. May be we'll see it in top 10 list in CoinMarketCap

CREDITS is a new, unique blockchain platform with absolutely new technical capabilities of the network, response time, transaction cost and the number of operations per second. It is a cryptocurrency and blockchain for the financial industry with more than 1 mln tx/sec and 0.01 sec for a transaction.

The CREDITS (CS) platform cryptocurrency has been trading on the exchanges since March, 2. Its steady growth trend in its first days is not seen in other new projects.

You can see the list of exchanges have CS pairs below
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What Makes Credits Unique?

  • High volume : More than 1,000,000 transactions per second, with future scalability to 10,000,000 per second

  • Lightning-fast processing times: As little as about 0.01 seconds per transaction

  • Inexpensive transaction fees: As low as 0.001 USD per transaction

  • Smart contracts capabilities: New, advanced functionalities with developer-friendly interface and programmability

How does Credits explain their project in their website ?

CREDITS is an open blockchain platform with autonomous smart contracts and the internal cryptocurrency. The platform is designed to create services for blockchain systems using self-executing smart contracts and a public data registry.

The platform can execute more than 1,000,000 transactions per second and has an execution speed of 0.01 seconds. Because transaction fees are minimal, high-volume applications are possible in a way that no other available blockchain can match.

CREDITS platform is the first completely autonomous blockchain system. The platform offers a new, extended application programming interface (API) that utilizes a Turing system capable of creating services using cycles, schedules, and unique functions. No other platform offers smart contract execution speeds near those of CREDITS. In addition, the CREDITS platform can function completely autonomously and without the need for external systems' participation. Accordingly, CREDITS is fundamentally differentiated from any other current blockchain platforms.

We believe that blockchain technology is suitable for financial and loan services, trade, medicine, identification, exchanges, Internet of Things (IoT), and many other applications, some of which cannot yet be imagined.

CREDITS' unique blockchain technology offers paradigm-shifting capabilities to industries, applications, and users who require unmatched scalability. The addressable market for these services is estimated to be worth trillions of dollars.

Let's talk about its value and statistics

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According to CoinMarketCap

  • Current Price: $0,801774 - 0,00009362 BTC

  • Market Cap: $110.389.999 USD

  • Circulating Supply: 137.682.188 CS

  • Total Supply: 249.471.071 CS

Credits Team has stated that they applied Binance for listing CS. If Binance lists CS, that will allow CS to the moon in my opinion :)

1 Million TPS is not and easy job to do. I suppose there are not any project that promise to reach that TPS except Credits.

In 30 June 2018, there will be MainNet Launch of Credits, according to CoinMarketCal

Sources

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