An evolving currency for an evolving society: Get to know CREDITS (CRDS) - CPU-only mining and masternodes! Airdrop open if you run and remember to UPVOTE!

lucasgabd (55)in #cryptocurrency • 6 years ago (edited)

Following the line of line of new projects listed on Cryptobridge with potential here we have:

Credits ($CRDS)

Credits is a masternodes, CPU-only mining designed for being easy and simple to use, private and focused on equality.
They use the Argon2d algorithm to make sure there's no abuse from botnets, GPU farms or powerfull ASIC's. And also DELTA which is the most difficulty retarget algorithm available to protect against Multi and jump mining pools.

Their bitcointalk thread started on the 1st of June, last year, but this crypto was pretty much under the radar because it was only trading at coinsmarkets.
This week they were listed at CryptoBridge and are already available for trading at full power again.

The fact that they allow CPU-mining only is quite interesting and can make this altcoin way more inclusive for the ones that can't invest in GPUs and super heavy expensive heat-producing miners.
They also plan on setting up a governancy system and are really open to hear opinions from the community.

Ready to hear more?

Wallet screenshot (Image from their main website)

We're currently sitting at quite low supply on only 3,827,848 CRDS circulating, so just 4% in relation to the total of 95,000,000 unities.
Estimation is that all CRDS will take around 36 years to be mined so there's still a long time (did anybody mentioned year 2053 or longer?)

value per CRDS (2 weeks ago) being 0.41 $USD would put us on the mark of $1,569,418 market cap only, which on late january list would be around the 707 position, close to $HBN, $CPC and $SMC if you know these projects.

lower on the list. more room for growth.

As you may have heard I'm talking before:
The biggest reason I like low caps more is that they have much more room to grow. Nowadays to hit the top 100 coins you need to have a market cap of at least 230M USD.

If we suppose CRDS has a big chance to succeed this would give us a need to grow at least 150x from here.
Considering growth of supply I can see the price of credits heading to at least 10x of what is now in the upcoming months/years.

Roadmap

With the devlopment they're bringing to the table and the community growth happening: nothing is impossible!
give a look at their main website and check their roadmap as well
Android and iOs wallet are coming, new exchanges listing, Trezor/ledger/keepkey hardware wallets integration, upgrades on the code, segwit, marketing on real world, meet-ups, conferences and more!

If the road brings us to a beautiful new place, why not?

Masternodes and Technicalities:

Masternode coins are on the rise, we are tired of hearing already that DASH masternode has raised from less than 100,000 USD to more than a million dollars per masternode.
It's not everyday that we find a masternode costing less than 2,000 usd.
I'm really considering setting up a CRDS masternode while they're cheap.

Masternodes collateral amount is 5,000 Credits and require 16 blocks to confirm
You can find a detailed guide on how to setup your CRDS masternode here.

To the technicals:
Coin Suffix: CRDS
Maturity: 10 Blocks
Minimum TX Fee: 0.0001 CRDS
Block Target Spacing: 128 Seconds
Total Supply: 95,000,000 CRDS

PoW Mining Algorithm: Argon2d
PoW Difficulty Algorithm: DELTA
PoW Reward per Block info here

Masternode Collateral Amount: 5,000 CRDS
Masternode Collateral Confirmations: 16 Blocks
Masternode Reward information Here
DAO/Governance: Disabled

P2P Port: 31000
RPC Port: 31050
Masternode Port: 31000
Magic Numbers: 0x2f 0x32 0x45 0x51

Make sure to check their block explorer which is also running smoothly!

TEAM

The team consists of Matthew Rankin as a Service Delivery Manager, Andrew Tookay as Community & Bounty Manager,
Peter Bushnell as Consulting Developer and they have open positions for a Fulltime Developer and Marketing Manager.
Do you have coding and programming skills? Contact them and sum up to the project, they're looking for people.

Make sure to follow them on twitter and check their main website.
And they also have a bounty campaign going on, join it!

Cryptocurrencies can be dangerous, you could lose all your money and even die, never invest more than you can afford to loose and never buy poisoned water bottles. also, remember to exercise regularly, stretch, eat colorful vegetables and go out on the sun.

DISCLAIMER: reposted to update information, information from 2 weeks ago, you can check the original article on this link

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