Credits: Newest Generation of Blockchain Technology

In an era when technology is fast growing, almost everyone is beginning to rely on digital technology. Virtually all activities are carried out digitally, including in the financial world. Speed ​​and security in financial transactions, of course, present a serious problem for users of digital technologies. Blockchain technology is currently very popular, especially in bitcoin and ethereum networks, which are still popular. This blockchain technology makes transactions more secure, faster and, of course, transparent, in order to demand more and more of all elements of the community of digital users. Nevertheless, of course, there are still problems with this block system, such as an increase in the number of transactions that exist in the block chain, leading to a heap of transactions, which ultimately led to an increase in the transaction time. Not only in the network of bitcoins-blockers, the same thing happens with the ethereum network, which is currently also in demand among users of digital technologies. Well hereThe loans provided bring fresh air to the world of blockchain technology, introducing new concepts that will further pamper users.

Credits offer new technological products of blockchain. This technology is developed by adding new functions that create a new algirith to achieve consensus. In addition, by creating a new registration scheme, it is an algorithm for processing and supporting a transition solution for machines with limited circumstances based on a model of federal voting nodes

Loans are a flowchart (protocol) that has a network and has its own crypto currency called CREDITS (CS), such as bitcoyne (BTC) or ether (ETH). Credits are a unique and new technical implementation in the chain of interlocks,intellectual contracts and data protocol technologies. The credit platform is really a platform with new technical capabilities for networks, which has high speed and reduces transaction costs. Credits are an open type of platform, which means that users or companies can create online services that implement their own technological protocol, blockchain.

A credit platform is a decentralized financial system that allows users to conduct direct transactions with the principles of a peer-to-peer (P2P) system. This platform will expand the potential use of financial services on the basis of an accounting (distributed), intellectual contractwhich can perform itself, as well as CREDITS as a crypto currency. The system is aimed at uniting all users on one site and providing them with a platform for creating and using financial services through which everyone can create, offer and use their services. By providing a well-defined and clearly defined system of data and technologies, CREDITS platforms can offer new technical solutions, as well as the latest conceptual models of user network interaction for the development of modernized financial services.

CREDITS platform offers solutions for solving problems with low transaction speed and high transaction costs, which are one of the key problems of blockchain technology. This will expand the possibilities of blockchain technology for use in the financial industry and the Internet world. Of course, CREDITS offer many advantages, including:

1. The transaction speed is up to 1,000,000 transactions per second. This is a major advantage over bitcom networks that have 10 transactional transactions per second and ethereum networks that have a transactional rate of up to 500 transactions per second
2. Consensus Algorithm with the amended Federation Agreement / Modified Federative Agreement ( amended FA), that is, with FA + Proof of Work(PoW) + Capacity Proof (PoC)
3. Speed ​​performs contracts up to 100,000 transactions per second. This may be sanyat quickly compared to Ethereum, which has a contract base that can reach 100 transactions per second to fulfill the contract.
4. Interval blocks, belonging to the platform CREDITS, take an average of 3 seconds. Quite quickly compared to Ethereum, which has a 15-second interval, as well as bitcoyne, which has a 10-minute interval.
5. The existence of a more flexible configuration of the block-chain. He is not in the bisho-block chain or ethereal tissue.

Of course, there are still many advantages and interesting things in the blockchain tang technology developed by these loans . If you are interested in investing and exploring it, you can click on the link below:

Website : https://credits.com/

Whitepaper:https://credits.com/Content/Docs/TechnicalWhitePaperCREDITSEng.pdf

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Facebook : https://www.facebook.com/creditscom/

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