Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
by
Paycoinzzz
on 29/07/2018, 15:32:39 UTC
Many of us don't care about meaningless partnerships. This project has been a real dissapointment.
that's true Credits is doing many partnerships but all are not really promising. But we need to start with something after all.
What I don't understand is that we didn't get our coins and can't confirm the real transaction speed because of that..

This is something that devs should address once and for all, people invested on Credits because they posted or brag that they can do a million transactions per seconds, that's what i read, they should deliver what they promise to gain more trust.
No, at the begin, we all know create a system can do a million transactions per seconds is really hard.
Here is the table about the speed of Visa, Paypal and some cryptocurrencies:

Code:
Visa: 24,000 transactions/s
Bitshare: 3,300 transactions/s
Ripple: 1,500 transactions/s
PayPal: 193 transactions/s

So, how to create a system can create a million transaction within a short time like few months, never happen!

I think those first who achieve such speeds will become market leaders. While there are attempts but no one could prove that the speed is not only on the demonstrative but also on the working version of the platform.
Certainly, no one wants to ignore a project can create the revolution in the payment system, especial this field can affect the world's payment system in the future.
But, the smart investor and the rich never want to invest in a theory project (it means is the idea of project still not be the truth).
They need to see the result, the product, so, as long as Credits can complete their target as scheduled, I believe the value of this project can up to billion dollars soon.