Credits.com is a company starting operation worldwide as a network-based payments system supporting online money transfers and alternative electronic payment solutions built with the use of blockchain technologies and traditional payment methods. In February 2018, they launched the business to develop the fastest and most scalable open-source blockchain platform capable of processing up to millions of transactions per second. they have fulfilled the promises and have developed a completely new blockchain with smart contracts and the internal CS cryptocurrency.
Credits.com (CS) describes itself as an open-source blockchain platform aimed at addressing security, decentralization, and scalability. The team aims to achieve up to 1 million transactions per second speed with 0.1s confirmation times and low fees around 0.001 USD. The platform is designed to develop Dapps and smart contracts. Credits smart contracts reportedly allow users to set cycles and create schedules. For more information.
Credits.com (CS) is a blockchain technology platform using decentralized network nodes and smart contracts, for the development and execution of decentralized applications. Blockchain technology is very special in that it provides high speed transactions, decentralization, scalability and low fees without the use of complex shading. These characteristics make it easier for you, as a programmer, to develop blockchain connected applications that transform traditional business models by eliminating problems with security, transparency and trust.
High network capacity – more than 100 000 transactions per second (it depends on the network hardware and architecture of transactions and requests to the network);
Minimal time to process a transaction; average is around 0.5 seconds;
Low fees ranging from $0.001;
Smart Contracts with advanced features and tools, including events.
Does not use sharding to achieve high TPS
Credits Stable Coin
Credits.com a cryptocurrency token designed to eliminate the volatility of traditional cryptocurrencies and easy to convert to fiat in seconds. The Credits stablecoin combines the advantages of traditional assets and the technical capabilities of blockchain technology solutions, such as:
– Convenience in global payments and transfers;
– Peer to peer transactions without intermediates;
– Fast cross-national transfers and payments.
The Sender can easily pay using stablecoins, and the Recipient can exchange them for their national currency after receipt very easily at a fixed rate and with minimum fees.
Credits.com You can exchange the token for USD or Euro at a 1:1 ratio at any time.
Changeable to fiat
Credits.com Each Credits USD is backed by USD on a dedicated bank account.
Credits.com Stable coin works on blockchain infrastructure as a digital token
Credits.com Transfer your assets to any account globally in seconds
Credits.com Predominantly, Credits (CS) uses multi-threading and safe-thread functions to handle tasks requiring many resources.
C++ – for platform core development, using the Boost.ASIO libraries for asynchronous I/O
Java – For the development of smart contracts
Credits.com An account is used to transfer funds, receive commissions for participating in consensus, execute smart contracts and adding transactions to the blockchain. An account includes a public key and a private key. To generate the cryptographic session keys, an ECDSA (Elliptic Curve Digital Signature Algorithm) digital signature scheme is used in conjunction with the open public key. Ed25519 uses SHA-512 and elliptic curve Curve25519 to calculate the digital signatures.
Credits.com There are various types of transactions that can be made on the Credits platform. When a transaction is made, a fee is charged. This fee is based on the “max fee” the user is willing to pay for the transaction, the “counted fee” for the transaction type and other special conditions, and the “execute fee” if the transaction involves a smart contract.
Credits.com believe that payments and transfers should be: To achieve these goals, they are developing unique payment services that combine traditional and new solutions based on the Credits blockchain.
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