CREDITS: THE BEST FINANCIAL IDEA

 CREDITS platform is a dispersed financial scheme where participants and users can interact and make discussions through a peer-to-peer approach. Unlike any other blockchain platform hitherto known to investors, CREDITS allows participants to be assembled in one unified website with the benefit of offering a service and at the same using it. The platform provides you with an efficient, high speed and technological management of transaction data without the necessary challenges of the middlemen. This will further allow participants to interrelate properly and monitor their outputs relatively.

As a unique brand and investment platform, CREDITS have its own Cryptocurrency Credit (CS). This is a rather very ground-breaking and creative especially in consideration of the 21st century market demand and supply reality. It is a new idea into the blockchain technology, smart contracts and data protocol of the modern world. It is a completely new system where users can create and customize services that enhances and consolidates the blockchain modus operandi. Through inventing new algorithm in unearthing results, a new scheme is created through a new registry system, a digitalized mechanism to regulate, initiate and support the function of maintaining a modern transaction centered strategy where all users and participants have equitable opportunities in the voting processes and decision making. 

 CREDITS  allow participants to completely decentralize their transaction using the distributed ledger system. This also allows the participants to verify and audit transactions inexpensively based on self-interest. The platform employs the usage of ‘Network Ledgers’ as well as ‘Network Nodes’ in course of generating, processing, saving, executing and adjusting third parties transaction in a well orchestrated structure.In addition to efficient data management of financial transaction which is best in offer with the CREDITS, smart contracts have been modified and eventually simplified.

 Through a process that allows participants to have full legal rights of contents, the platform have gradually broken the before-now very cumbersome process of the ‘Old’ Smart contract system which was slow and expensive. The logic and regulations of the smart contract framework is strictly adhered to allow for full implementation of any transaction. 

 HOW IT WORKS

The unique system based on the block chain allows you to build high-speed transaction processing financial services, up to 1 million times per second, the average transaction processing speed within 3 seconds offering a very fast transaction speed along side low transaction cost. This doesn’t only end here. For more emphasis, i’ll be making a short comparison of credits platform with other competing platforms.First, looking at Bitcoin and Ethereum platforms which processes about 100 transaction per second. This is very slow compared to what credits is offering. Also, its processing time is averagely 0.5 minutes to 15minutes and also the cost per transaction is around $0.02 to $0.5. This is quite unacceptable and unsuitable for the financial industry compared to what credit is offering. 

 ALL ABOUT CREDITS

1. Blockchain-: Distributed, decentralized storage and open source code. Support for public and private networks.
2. Transactions-: Each record is entered into the blockchain of the block-less database without Merkle trees and sidechains by processing consensual transactions.
3. Formation of blocks-: Permissions are set at transaction level. Transactions are added to the block for the subsequent finding of a consensus by the algorithm for finding the solution of finite state machine.
4. Consensus model: Consensus model: federal with a mechanism for resolving most nodes with permission to make a decision.
5. Smart contracts: Each smart contract is performed in a separate isolated virtual machine environment, allowing development in script languages ​​(JavaScript), extended work with the scheduled calendar.
6. System:- The system is scalable (as the number of nodes increases, the number of transactions processed per unit of time increases). There is an absence of mining so all coins are issued in advance in a certain amount.

ABOUT TOKEN SALE AND DISTRIBUTION

PreICO will start on October 25We 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;Soft cap for the 1st round of ICO is 80 000 ETH,
Hard cap for the 1st round of ICO is 120 000 ETH,
 

 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)Total number 100% 
2% for bounty 
2% for 
15% post prize for founders and 
Operating team 5% 
1% for advisors 
75% for Pre-ICO and ICO 
Bonus campaigns for PRA-SALE purchase 
Bonus for PRA sale — 30%

For More information on Credits, see:

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

My Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=299807