CREDITS NEW GENERATION BLOCKCHAIN

What is Credits?

CREDITS platform is a decentralized financial system for the direct interaction between participants on peertopeer (P2P) principles. The platform expands the potential of using financial services on the basis of a distributed ledger, selfexecuting smart contracts, and CREDITS cryptocurrency. The system is aimed to unite all participants on one site, providing them with a platformfor creating and using financial services; where everyone can both offer a service and use it. Thanks to a welldefined and balanced technological system, the CREDITS platform offers a new technical solution and a new conceptual model of networking participants’ interaction for the development of moderndecentralized financial services

Platform Credits Excellence

Popular platforms such as 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 the operation of financial products with a unique scheme for building blockchilds / ledgers with smart contracts, which achieve:

• Transaction processing speeds of up to 1 million transactions per second
• Average processing time of 3 seconds per transaction
• Processing costs are very cheap

BITCOIN / ETHEREUM
• About 100 operations per second
• Average processing time is 0.5-15 minutes
• Costs up to 0.02-0.5 dollars per transaction

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

NEW GENERATION BLOCKCHAIN

 Blockchain

• Blockchain with up to 1 000 000 transactions per second

Transaction

• Each record is inserted into a block-less blockchain database without Merkle trees and side chains by processing consensual transactions.

Block formation

• Set permissions at the transaction level. The transaction is added to the block to find consensus findings about the algorithm to find a finite state machine solution

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

ROADMAP

OFFICIAL OF LINK

• 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
• Bitcointalk Profil : Rafi035
• ETH Adrees: 0x8bFF5a041e1DeAd348877E5991FD7208556DaE6B