Credits — an open, lightning fast blockchain protocol built on the principles of full decentralization

6 min readJan 6, 2020

Hi! For a long time we did not talk about useful resources the use of which will allow us to complete all our transactions and any kind of transaction quickly and efficiently. It is capable of not only qualitatively, safely, but also as quickly as possible to carry out any transaction, confirming it with a smart contract, as well as an open, innovative blockchain protocol.

About the project and its features

As you already understood, Credits is a fully decentralized system developed on the source code of modern blockchain technology to create and maintain high-quality dApps applications. Naturally, in order to realize all their goals and plans, the founding team had to not only analyze the market of existing applications, their functions and capabilities, but also create their own consensus algorithm, which will be ten times more powerful than all the others.

And this algorithm is called Proof of Agreement or abbreviated as PoA. For those who understand the whole topic of consensus in more detail, I’ll add that this particular algorithm was created on the basis of the BFT concept, which made PoA even clearer, faster, and improved.

In addition to all this, while paying attention to Credits, it is important to note that this platform was created specifically for the maximum adaptation of the user to the benefits of decentralized systems, as well as the accompanying financial payments and other kinds of transactions. That is why, the developers of Credits have created, I’m not afraid of even this word, the best platform for mass transactions within a single application. What makes Credits not only the most convenient, but also a popular platform in the world of modern financial payments.

Benefits

In addition to the above qualities and features, Credits has a number of advantages, which include quite versatile blockchain products available immediately to all participants in the system. These products include desktop wallets that are available for both the Linux system and Windows, which makes them extremely convenient and easy to use.

At the same time, the platform itself is available both for mobile and for the web version, which makes any transactions more accessible and highly efficient. The whole technical range is complemented by a number of built-in services and capabilities, both for ordinary users and for developers of decentralized applications. Which with special ease can take advantage of the most advanced Credits functions and create a worthy, high-quality and sought-after product.

As for ordinary users, for them, the Credits developers have also prepared a number of features that they can easily launch their node with and receive a pleasant reward. Such actions are designed not only to increase the use of the new consensus, but also to support the entire Credits network. What I find extremely convenient.

Vivid evidence that Credits is simply an incredible platform with unique technical tools is presented in the form of a large number of Partners and Clients. Who are happy to use Credits software in their development. Moreover, in their ranks is not one hundred leading companies, systems of Integrators and decentralized services and applications.

Conclusion

Thus, I think you have once again been convinced that the uniqueness and relevance of Credits is simply colossal. After all, as I said, the entire structure of a decentralized application is built in such a way that all transactions within the blockchain protocol are carried out quickly, efficiently and most importantly, safely. Moreover, the platform itself has the tools to issue any financial assets, which makes it even more multifaceted and popular among other developers.

Therefore, my dear friend. I invite you to learn more about Credits through its official resources, where you can find many more interesting things. And on this I will probably complete my review. I hope he was useful to you. If so, like and subscribe to my channel.