What is Creditbit Coin and what is the future of Creditbit?

Creditbit (CRBIT)

Creditbit Site Links

 

 

Creditbit:     Speed – Simplicity – Ease of use – Efficiency – Active development

Creditbit, an “open source digital currency protocol,” reports that it is “10 times better than Bitcoin when it comes to the speed and rate of transactions.” The team behind this altcoin is preparing for what they believe will be “mass adoption” of their digital currency project.

CreditBit 2.0 – ETH Migration – March 8

What was the first road map all about?

We have seen the lack of development and innovation in other hybrid PoW/PoS projects. Even though the concept of a hybrid coin is excellent, developers failed to port most important projects to their coins because of the technical differences between protocols which made it really difficult. We prepared a road map that focused mostly on usability of Creditbit, most of our development focused about porting important projects to achieve that and today we are happy to announce that everything was successfully fulfilled.

Electrum-Creditbit

Electrum is a simple, but powerful wallet. A twelve-word security passphrase (or “seed”) leaves intruders stranded and your peace of mind intact. Keep it on paper, or in your head… and never worry about losing your creditbits to theft or hardware failure. No waiting, no lengthy blockchain downloads and no syncing to the network.

Creditbit dev-team is already running 3 public servers but anyone can join and run his own public server, in fact we erally encourage people to do so, it is simple, easy and straight forward, the how-to can be found here, if you face any problems or have any questions you can always reach to us for help.

Creditbit-Qt Wallet

This is the full client and builds the backbone of the network. It offers high levels of security, privacy, stability and speed. Creditbit-Qt is the main minting (staking) client.

Creditpay Mobile Wallet

 

 

 

 

 

 

 

 

Creditpay users can hold funds individually or share finances securely with other users with multi signature wallets, which prevent unauthorized payments by requiring multiple approvals. Here are some ways Creditpay can be used with others:

To save for vacations or joint purchases with friends
To track family spending and allowances
To manage business, club, or organization funds and expenses
We built the following features into this version of Creditpay for a Creditbit wallet that doesn’t compromise on security or accessibility:

  • Multiple wallet creation and management in-app
  • Intuitive multi signature security for personal or shared wallets
  • Easy spending proposal flow for shared wallets and group payments
  • Device-based security: all private keys are stored locally, not in the cloud
  • Synchronous access across all major mobile and desktop platforms
  • Payment protocol (BIP70-BIP73) support: easily-identifiable payment requests and verifiably secure Creditbit payments
  • Customizable wallet naming and background colors
  • Multi languages support

Creditsight

A Creditbit blockchain that offers a RESTful API and a Web Socket Subscriptions for Live Transaction Monitoring, Creditsight API allows to develop Creditbit related applications (such as wallets) that require certain information from the blockchain that Creditbit does not provide. and much more.

Creditbit was launched, a cryptocurrency with the next specifications:

Hashing Algo: X11
Hybrid POW/POS, POW only for the first year, POS 8% annualy
Minimum Stake Age, 24 hours, One Year Max age
Block reward of 100 coin and halves every 129600 Block (the 4th retarget at block 525600 is the end of PoW)
Money supply 100 Million CRBIT
1 minute block target
15 minutes diff. retarget
Minimum Stake Age, 24 hours, One Year Max age
RPC port: 5555
P2P port: 5556

add these lines to your creditbit.conf:

rpcuser=rpcuser
rpcpassword=rpcpassword
daemon=1
server=1
rpcallowip=127.0.0.1
addnode=node1.creditbit.org
addnode=node2.creditbit.org
addnode=node3.creditbit.org
addnode=node4.creditbit.org
addnode=node5.creditbit.org
addnode=node6.creditbit.org
addnode=node7.creditbit.org
addnode=node8.creditbit.org
addnode=node9.creditbit.org
addnode=node10.creditbit.org

You can download the wallet from our official site: https://www.creditbit.org/

CreditBit Web Wallet

You can import your mobile wallet σας or any other Creditbit wallet and managed it from here.

https://creditpay.creditbit.org/

***ATTENTION***

If any hacker has access in your compute, he can steal your Creditbits from browser’s cache.

Web Wallet is so secure as your computer is.

Creditbit Info App

Try out Creditbit Info mobile application for Android and iOS. It is free!

Creditbit info app provides you basic information about Creditbit. You can follow Creditbit coin price in real time and trends. There is also list of markets where you can buy Creditbit.

Creditbit is a brand new digital currency made specifically for making transactions that are both fast and secure at the same time. Transactions are made through decentralised peer-to-peer network and are available to anyone. In a digitalized era, everything is anonymous, »fee free« and has the support of the most respected entrepreneurs worldwide, therefore making Creditbit one of the fastest growing and expanding currencies in the world.

Services

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Payment processor
CoinPayments – Accept Creditbit payments, take the price volatility risk out of the equation and get extra features as The Vault, Multi coin conversion, Multicoin wallet, and much more.
CoinPayments has Over 31,500 vendors across 174 different countries, it is the first and largest payment processor for alts.

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HD Mobile Wallet
UberPay – A new, decentralized, Banking & Exchange system right in your wallet. Uberpay is a wallet that let’s users swap coins instantly, its goal is to make it easier, safer and powerful for everyone to adopt cryptocurrencies for their day to day use. The words security passphrase (or “seed”) leaves intruders stranded and your peace of mind intact. Keep it on paper, or in your head… and never worry about losing your creditbits (and all other coins with one words seed) to theft or hardware failure. No waiting, no lengthy blockchain downloads and no syncing to the network.

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Ranking & Indexing
Cryptocurrency ranking websites that aims to give a 360 degree overview of all the various cryptocurrencies in the market.

WorldCoinIndex
CoinMarketCap
CoinGecko
CoinCap
CoinHills

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Crypto Compare – Comparing service
CryptoCompare is an interactive platform where you can discuss the latest Crypto trends and monitor all markets streaming in real time, it is the perfect place to learn about crypto currencies and start to understand some of the fundamental concepts behind the blockchain.

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Fogify – The Ultimate Coin Mixes
Fogify – Mixing your coins will gain you more privacy, by making it really hard to track them back to you.

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PoSWallet – Online staking wallet
PoSWallet

You can buy creditbits from these exchanges:
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Road map of Creditbit Coin

News about Creditbit on Media

CoinTelegraph

http://cointelegraph.com/news/beyond-bitcoin-how-stable-are-alternative-cryptocurrencies

Bitcoinist (featured, original article):
http://bitcoinist.net/creditbit-ten-times-faster-bitcoin/

CryptoCoinsNews:
https://www.cryptocoinsnews.com/worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-bitcoin/

NewsBTC:
http://www.newsbtc.com/2016/05/13/creditbit-ten-times-fast-bitcoin/

NewsBTC:
http://www.newsbtc.com/2016/05/17/credibit-introduces-future-money/

CoinSpeaker:
http://www.coinspeaker.com/2016/05/16/worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-bitcoin/

BitcoinsChannel:
http://bitcoinschannel.com/the-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin-2/

The Bitcoin News:
http://thebitcoinnews.com/the-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin/

Bitcoin Warrior:
http://bitcoinwarrior.net/2016/05/the-worlds-fasted-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin/

Bitcoin Isle:
http://www.bitcoinisle.com/2016/05/13/the-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin-2/

AltCoinsNews:
http://www.altcoinsnews.com/creditbit-claims-to-be-ten-times-faster-than-bitcoin/

Helena Bitcoin Mining:
http://www.helenabitcoinmining.com/2016/05/13/the-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin/

The Bitcoin Data:
http://thebitcoindata.com/the-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin/

NXTER magazine:
http://nxter.org/the-worlds-fasted-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin/

ABITCO.IN:
http://abitco.in/the-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin/

CryptoCoin Update:
http://www.cryptocoinupdates.com/the-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin/

BitcoinEZ:
http://bitcoinez.com/the-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin/

OhioBitcoin:
http://ohiobitcoin.com/the-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin/

Get Free Bitcoin Daily:
http://getfreebitcoindaily.com/news/the-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin/

The Bitcoin Arena:
http://thebitcoinarena.com/the-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin/

XBT Money:
http://www.xbt.money/creditbit-worlds-fastest-cryptocurrency/

PR Newswire:
http://www.prnewswire.com/news-releases/the-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin-300268633.html

Erie News Now:
http://www.erienewsnow.com/story/31969205/the-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin

Binary Option Evolution:
https://binaryoptionevolution.com/2016/05/13/creditbit-offer-ten-times-faster-transactions-bitcoin/

CryptoCoin Updates:
http://www.cryptocoinupdates.com/tag/creditbit/

TMC Net:
http://www.tmcnet.com/usubmit/2016/05/13/8363051.htm

Le Lezard:
http://www.lelezard.com/en/news-10231792.html

The Bitcoin News:
http://thebitcoinnews.com/the-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin-2/

Market Watch:
http://www.marketwatch.com/story/the-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin-2016-05-13

CNBC:
http://www.cnbc.com/2016/05/13/pr-newswire-the-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin.html

Yahoo Finance:
http://finance.yahoo.com/news/worlds-fastest-cryptocurrency-creditbit-offer-221000790.html

Yahoo Finance Singapore:
https://sg.finance.yahoo.com/news/worlds-fastest-cryptocurrency-creditbit-offer-221000790.html

Digital Journal:
http://www.digitaljournal.com/pr/2938900

Forward Geek:
http://www.forwardgeek.com/article/The-Worlds-Fastest-Cryptocurrency-Creditbit-Offer-Ten-Times-Faster-Transactions-Than-Bitcoin-20160513

The Street:
https://www.thestreet.com/story/13571511/1/the-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin.html

Binary Options Evolution:
https://binaryoptionevolution.com/2016/05/13/creditbit-offer-ten-times-faster-transactions-bitcoin/

Business Journals:
http://www.bizjournals.com/prnewswire/press_releases/2016/05/13/NY98746

UK Investor Network:
https://www.ukinvestornetwork.com/the-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-than-bitcoin/

Virtual Strategy Magazine:
http://www.virtual-strategy.com/2016/05/13/worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-bitcoin#axzz48j6Ns1fM

StreetInsider:http://www.streetinsider.com/Press+Releases/The+Worlds+Fastest+Cryptocurrency+Creditbit+Offer+Ten+Times+Faster+Transactions+Than+Bitcoin/11631750.html

SeekingAlpha:
http://seekingalpha.com/pr/16488776-worlds-fastest-cryptocurrency-creditbit-offer-ten-times-faster-transactions-bitcoin

Boston.com:
http://finance.boston.com/boston/news/read/32107923/the_world&

International Business Times:
http://markets.financialcontent.com/ibtimes/news/read?GUID=32106719

 

To learn more, please visit: https://www.creditbit.org

Creditbit Media Contact:

Name: Petros Anagnostou

Email: support@creditbit.org

Country and Country Location: Ljubljana, Slovenia

Find the project on different platforms:

Creditbit: https://forum.creditbit.org/

BitcoinTalk ANN: https://Bitcointalk.org/index.php?topic=1237511.0

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

Twitter: https://twitter.com/creditbit

Slack: https://slack.creditbit.org/

Ranking and indexing:

https://www.cryptocompare.com/coins/crbit/overview

https://www.coingecko.com/en/coins/creditbit

http://coinmarketcap.com/currencies/creditbit/

Thanks for watching my post.

Posted by WAQAS WAHID

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