Review on Credits by Robiul Islam
The fastest and most scalable blockchain platform for dApps
Many people like to invest in projects that are based on some type of platform with tokens, anyway due to the problems and rising fees of Bitcoin there's still obviously a very high need for a crypto based payment processor that's capable of processing many transactions for a low fee.
The main problem with projects like this is that the development is bound to take a long time so it may not suit short term investors.
It is an open blockchain. A unique technological platform for the development and execution of decentralized applications based on the blockchain technology and smart contracts.
Decentralized Data: Credits allow disclosure of transaction information to all interacting parties while maintaining confidentiality.
Protecting information against an unwanted and uninspired blockchain protects against fraud.
Smart Contracts: Automation of asset management within the blockchain network by means of self-executable programs of unlimited complexity.
A unique tool for creating and managing contracts.
Pros
- It is targeted to be an all in one solution for a many sectors. Crypto Payments, Smart Contracts, Issuance of Financial Assets and Decentralized Data are all listed as solutions on Website. If they can handle all of these avenues properly and market their product to the right investors, they’ll potential solve issues that projects are solely focusing on. In simple terms, if it is successful, they have the potential to provide solutions that other projects are trying to solve, capturing a share of each of those markets and potential stealing the spotlight in these areas.
- It boasts one of the biggest teams i’ve seen working on a blockchain project which is pretty impressive. From an investors point of view, it is looking like a pretty good opportunity to invest in a potential competitor to current leaders such as Ethereum and NEO.
- The potential to process up to 1 million transactions per second.
- Cheap operations costs of just 0.01%.
- An average transaction speed of just 3 seconds.
- Makes it possible for users to make micro payments again due to the speed of the network and low fees.
Cons
- Not a big amount of concerns for it from my side. Roadmaps and Github activity are something i take a look at but shouldn’t be the only way to gauge development progress. Github is inactive when considering their team is supposedly includes big number of Developers.
