What is CREDITS?
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New open platform CREDITS for creation and management of financial services on the basis of the blockchain/ledger
The unique system of building a blockchain allows you to build financial services with high speed transaction processing up to 1 million per second and average speed transaction processing in 3 seconds. CREDITS truly opens up new opportunities to use the blockchain technology in the financial sector.
NEW GENERATION OF BLOCKCHAIN
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| . |  SUPER HIGH SPEED Blockchain with up to 1 000 000 transaction per second |  PROCESSING TIME Average processing time is 3 second per transaction. |  VERY LOW PRICE Very low cost of transaction. |
CREDITS platform offers new and unique technical implementation of blockchain technology, smart contracts, data protocol and has its own internal cryptocurrency.
It is a platform with completely new technical network capabilities, speed, cost of transactions and total number of operations per second. It is an open platform which means that users and companies can create online services that implement the blockchain protocol.
We offer a new product for users. We designed new features by creating new algorithm to search for a consensus; a new scheme registry; an algorithm for processing and maintaining transaction - based solutions for finite state machines based on the model of Federal voting nodes.
The CREDITS platform offers a solution to low speeds and high transaction costs. It expands the potential which blockchain technology has for the financial industry and the Internet of Things.
| . |  Blockchain Distributed, decentralized storage and open source code. Support for public and private networks. |  Transactions Each record is entered into the blockchain of the block-less database without Merkle trees and sidechaines by processing consensual transactions. |  Forming of blocks Set permissions at the transaction level. Transactions are added to the block for the subsequent finding of a consensus on the algorithm for finding the solution of the finite state machine |
| . |  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 |
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