Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
Burak, as promised I made a list of points which determine why I believe in CS. This is written at a point were no code or main net has been released:
- I do think that they have to correct approach by having offices and take blockchain out in the open with a team to help partners/dapps/the target group on implementing their systems on the CS blockchain
- I do think that visiting a lot of blockchain summits and other fairs regarding blockchain related services is a good thing that the team have been doing since ICO to draw attention for the usecase of CS and their product.
- I do think that having focus on development, instead of direct listings after ICO, is a good way of creating a blockchain like CS is trying to create. Tech first, listings at second/third/etc. place.
- I do think that the team listens very carefully to what the market is demanding. The other products from CS, sub-chain/private-chain/DBMS, are an example of listening to the demands of their target group. These other products, besides the main chain, can help CS to become adopted faster compared to having only a main/public chain (https://creditsenterprise.com/)
- I do think that a product which can handle 50.000 TPS at release, and the possibility to reach 1 million TPS later on, is something which is much needed to welcome old-economy-organisations to blockchain with their systems/software/databases.
- I do think that the role of IBM Blockchain Labs, in person by Nitin as advisor, can help opening doors for CS which normally would be closed. Accepting Nitin as an advisor is something thats a good thing in my opinion
- I do think that using IBM cloud solutions for running nodes is a good thing. American/European countries are very negative regarding Russia and or Russian companies. Letting IBM cloud processing the node-data is a very good step in taking away any fear regarding the Russian roots of this project.
- I do think that CS have done a great job in communicating what their chain can do and which use cases are suitable for the CS chain
- I do think that staking CS in order to run a node (in consensus) is very important to keep a certain safety for the network
- Last but not least; I do think that the consensus algorithm is a solid algorithm which helps this chain to scale for wide adoption
I do think that the above covers 90% of my believe in CS and why I invested in this project. I probably forgot some reasons, I will add them later if they pop up.
Are you happy now?
- I do think that they have to correct approach by having offices and take blockchain out in the open with a team to help partners/dapps/the target group on implementing their systems on the CS blockchain
- I do think that visiting a lot of blockchain summits and other fairs regarding blockchain related services is a good thing that the team have been doing since ICO to draw attention for the usecase of CS and their product.
- I do think that having focus on development, instead of direct listings after ICO, is a good way of creating a blockchain like CS is trying to create. Tech first, listings at second/third/etc. place.
- I do think that the team listens very carefully to what the market is demanding. The other products from CS, sub-chain/private-chain/DBMS, are an example of listening to the demands of their target group. These other products, besides the main chain, can help CS to become adopted faster compared to having only a main/public chain (https://creditsenterprise.com/)
- I do think that a product which can handle 50.000 TPS at release, and the possibility to reach 1 million TPS later on, is something which is much needed to welcome old-economy-organisations to blockchain with their systems/software/databases.
- I do think that the role of IBM Blockchain Labs, in person by Nitin as advisor, can help opening doors for CS which normally would be closed. Accepting Nitin as an advisor is something thats a good thing in my opinion
- I do think that using IBM cloud solutions for running nodes is a good thing. American/European countries are very negative regarding Russia and or Russian companies. Letting IBM cloud processing the node-data is a very good step in taking away any fear regarding the Russian roots of this project.
- I do think that CS have done a great job in communicating what their chain can do and which use cases are suitable for the CS chain
- I do think that staking CS in order to run a node (in consensus) is very important to keep a certain safety for the network
- Last but not least; I do think that the consensus algorithm is a solid algorithm which helps this chain to scale for wide adoption
I do think that the above covers 90% of my believe in CS and why I invested in this project. I probably forgot some reasons, I will add them later if they pop up.
Are you happy now?