Smart contracts and currency with fast transaction times and inexpensive fees: check CREDITS

Another day, another project.
This time we'll check

CREDITS:

Credits platform is a completely autonomous blockchain system that can handle more than 1M transactions per second and has an execution speed of 0.01 seconds, fees varies can be as low as 0.001 USD.
It has a differential API that uses a Turing system capable of service creation using cycles, schedules, and unique functions. And fully autonomous smart contracts.

Blockchain technology can be applied to medicine, financial markets, schools, applications, IoT (internet of things), videogames and many many other uses.

The use of the platform is quite flexible and can definitely be suited for different cases if you are an individual or a company.
It has a combination of Symmetric-key algorithm + Asymmetric-key algorithm, uses java language and has a combination of DPoS + BFT as consesus algo. the ticker will be $CS, for CREDITS.

You can't mine credits and it'll use a combination of Blockchain and Decentralized ledger technology (DET). If you're asking yourself why choose credits instead of all these other projects around. this is what they tell us:

1. It has a new technological design
2. It's more secure
3. it offers new instruments for developers and users
4. So far there are no analogues. So CREDITS claim to be the first of its kind.

with a fast and secure algo, additional encryption, minimizing fraud data and more stable.

Team is composed of 25 employees and 10 devs.

On the technicalities of the ICO.
it finishes soon in 28th of February 2018.
Soft Cap is 15,000,000 USD
and hard cap is 20,000,000 USD

ICO is escrowed.

They already raised 3,002,165 USD (or 4,029.12 ETH)
on 1100 payments from 700 contributors.

As you know, it's quite important to check the Roadmap of new projects to see if they are sustainable for the future and have plans.

Block explorer is coming this month already (S2 on roadmap) and they want to release ios, android and desktop wallet in may 2018 (It's almost there, folks) and will be ready for an optimized release in June, this year.

For the paper lovers we have some usefull pdf links:
Whitepaper
technical paper
long presentation
short teaser

More info on their website

what are your thought on this project?
Would you invest in Credits?
Do you think it has a real application and can bring something good to the world?
Talk a bit more in the comments!

Make sure to follow them on twitter, check their ANN on bitcointalk and check their bounty campaign

any more questions? feel free to ask them on their telegram group or make sure to check their FAQ

Cryptocurrencies and ICOs 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.

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Thanks a lot dear friends!
Talk to you soon!

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