CREDITS _ Financentralized financial systems

CREDITS is a blockchain platform (protocol) with its own internal Credit Cryptocurrency (CS). This is a new and unique technical implementation of blockchain technology, smart contracts, and data protocols.
It is a platform with entirely new technical networking capabilities, speed, transaction costs and number of operations per second. This is an open platform that implements the blockchain protocol.

We offer new products to users. We design new features by creating new algorithms to seek consensus; new registry scheme; an algorithm for processing and maintaining transition-based solutions for finite state machines based on the Federal voting node model.

MISSION

Our mission is to introduce blocked technology and CREDIT crypto technology everywhere, and make decentralized relationships a reality. Our technology allows us to do this.We have developed MVP and our work is underway in our Alpha Version. We've received a lot of positive feedback and we are happy to implement what's planned.

Credit is a new generation of blockchain with fundamental new technical skills that have not existed until now. We replace the old technology by offering a new approach to registry development, processing, consensus, preservation and data transmission. We apply very low transaction cost principles to the extensive introduction of the CREDITS platform.

The CREDITS platform offers solutions to solve current problems, which are one of the main problems of blockchain technology. It will be able to compete with blockchain technology for use in the financial industry and the internet world.

BENEFITS 

> Transaction speed reaches 1,000,000 transactions per second. This is a huge advantage of bitcom networks that have transaction transactions per second and transactions per second.

> Consensus Algorithm with Enhanced Federation Agreement / Agreement Agreement (amended by FA), with FA + Proof of Work (PoW) + Proof of Capacity (Poom)

> Speeds contracting up to 100,000 transactions per second. This may be faster than Ethereum, which has a contract base that can reach 100 transactions per second to fulfill the contract.

> Block interval, according to CREDITS platform, take an average of 3 seconds. Quite fast compared to Ethereum, which has a 15 second interval, as well as bitcoyne, which has a 10 minute interval.

> A more flexible configuration of the block chain. He is not in the gallbladder chain or the delicate tissue.

CREDIT WORK SYSTEM

This is a very fast platform, which helps you do all the transactions you want in a short time. You can easily invest money or transfer it to other recipients at a very fast pace. But the best thing is you can get all the security and privacy you need from the financial system. The regular financial system is problematic in this regard, but CREDITS makes everything seamless and interesting.

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

CREDITS creates a new platform for scheme for building blockchilds / ledgers with smart contracts, which achieve:

> Transaction processing speed up to 1 million transactions per second.

> Average processing time of 3 seconds per transaction.

> The cost of processing is very cheap.

TOKEN SALE AND DISTRIBUTION

CREDIT and adjacent tokens are offered by the imperfect financial system we have today.

The number of tokens in circulation may vary depending on the actual amount raised during the Token Sale:

> Soft cap for ICO's first round is 80,000 ETH,

> Hard cap for first round ICO is 120 000 ETH,

The number of tokens available is set at 1 000 000 000 tokens. In the 1st round of ICO in Nov-Dec cover 80,000 ETH, hard cap 120,000

> All tokens that are unsold during the first round will be burned or destroyed.

> Tokens for the second round will be frozen until the second half date.
> The founders' token section will be frozen for at least 1 year

Total 100%
> 2% for bounty
> 2% for postal gifts
> 15% for founders and teams > Operation 5%
> 1% for advisors
> 75% for Pre-ICO and ICO campaigns

PreICO will start on 25th October 
We offer our participants a total allocation of 2% of our total token supply.

PRE-SALE BONUS BONUS
> 0% - up to 50 Ether (15,000 USD)
> 20% - from 50 Ether (15,000 USD)
> 25% - from 100 Ether (30,000 USD)
> 30% - from 250 Ether (75.000 USD)
> 35% - from 500 Ether (150,000 USD)
> 40% - from 1000 Ether (300,000 USD)

Bonus for PRA-sale - 30% Or special contamination at Whitelist before PRE-ICO (send request or to info@credits.com). Limited tokens!

TRANSACTION PROCESS

> Transactions

A transaction is a minimum system that informs the platform of contract method of execution or direct transfer between accounts without making smart contracts, followed by placement of results on a peer-to-peer network.

> Building consensus

The system uses a federative model to build consensus - selecting a trusted validator node, as well as a consensus-building algorithm - an algorithm for running a finite-state robot. Consensus works with cycles (time step), per time step, transactions are extracted and placed in a pool (one-dimensional array). Once placed in the pool, all transactions are sent to trusted nodes to receive responses. If a response is received, then the transaction requesting the addition was sent. After that, it is sent to the next validator on the network. When the consensus is built - at the end of the chain where the transfer legality is fully confirmed, the transaction is sent to the validation with a sign to write and save to the ledger.

> Transaction processing

To achieve a system decentralized system, each server must have a general handler of all transactions. This system uses the concept of system kernel. With the kernel, we mean data handlers performing specific production tasks, regardless of availability and operation of the remaining system components. Each kernel, on the input, when the task is executed, receives a list of variables for processing. And always get results on the output - positive, there are other or errors. As a result, the system kernel always contains a response code, in addition to the main data set. This structure is required for the highest speed of each process, which must work independently of each other.

> Entry Structure Ledger

To attain significantly ledger performance, but at the same time, without sacrificing security, we propose to use a general ledger database without building a link.

The merkle tree (TTH - Tiger Tree Hashing) is a type of hash function used to check data integrity, to get unique chain identifiers, and to restore orders. The data is divided into several pieces of Leaf Tiger Hash, then the Internal Tiger Hash is calculated from each hash pair one by one. If the hash has no spouse, then it is moved to a new chain that does not change. Furthermore, the Internal Tiger Hash is calculated in the chain for each pair. This procedure is repeated until there is one hash left.

When the ledger is operated using Merkle Trees, transaction processing speed is very low, and the burden of computing resources is very high. In our opinion, this is not a rational use of data.

> Transactions not included in the Register

Transactions not included in the list of ready-made transactions are marked as rejected. Information about this is immediately displayed on the transaction's sender (initiator).
Transactions not included in the ledger remain in the order of candidates and are stored in the network nodes. All new transactions received by the server at the time of consensus also get there, and then the search process begins again. Continuous cyclic network operations enable transactions in a relatively short period of time while maintaining high levels of reliability and relevance of information.

TEAM

ADVISOR

ROADMAP 

We need to work very hard to make sure . But the CREDITS system really works well, and there are already working versions of this platform.

Such is the explanation of CREDIT platform from me, may be useful for you all.
JOIN CREDITS NOW!

FOR FURTHER INFORMATION, PLEASE VISIT LINKS BELOW:
Website:  http://credits.com
Linked In:  https://www.linkedin.com/company/13370238/
Twitter:  https://twitter.com/CreditsCom
Facebook:  https://www.facebook.com/creditscom/
Telegram:  https://t.me/creditscom
WhitePapper:  https://credits.com/Content/Docs/TechnicalWhitePaperCREDITSEng.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=2190887

by: han emily
My profile: https://bitcointalk.org/index.php?action=profile;u=979957

Address ETH: 0x32412715249f0c79b4fb958c6E32D871EaC778D2