CREDITS Comparison
More than a hundred users are ready to use the Credits platform to develop their dApp services on blockchain
Credits Comparison
Faster, cheaper and more productive than others
| Protocol | Credits (CS) | Bitcoin (BTC) | Ethereum (ETH) |
|---|---|---|---|
| Transaction volume | more than 1,000,000 transactions per second | 7 transactions per second | 300 transacions per second |
| Transaction execution speed | as fast as 0.01 seconds (depends on the internet connection) | 10 minutes | 30 seconds - 5 minutes |
| Transaction cost | varies; as low as 0.001 USD | from 10 USD | About 0.1 - 1 USD |
| Smart contracts | |||
| Autonomous | Yes | - | No |
| Cycles | Yes | - | No |
| Schedules | Yes | - | No |
| API support | Yes | - | No |
Technical features
| Credits (CS) | Bitcoin (BTC) | Ethereum (ETH) | |
|---|---|---|---|
| Registry type | blockchain + DLT | classic blockchain | classic blockchain |
| Decentralized nodes | Yes | Yes | Yes |
| Block size | Dynamic | 1Mb | Dynamic |
| Consensus Algorithm | DPoS + BFT | Proof of Work | Proof of Work |
| Flexible Configured blockchain | Yes | No | No |
| Coins | Credits (CS) | Bitcoin (BTC) | Ethereum (ETH) |
| Blockchain type | Public | Public | Public |
| Turing-complete code for developing smart contracts | Java language | Non-systematic | Solidity. Not complete, restricted |
| Decision Making Process | BFT | Non-systematic | Non-systematic |
| Crypto Algorithm | Symmetric-key algorithm + Asymmetric key algorithm | Asymmetric-key algorithm | Asymmetric-key algorithm |
| Using third-party systems | Yes | No | No |
| Smart contracts | Yes | No | Yes |
| Allowed to create own applications | Yes | Yes, but very difficult | Yes |
| API | Yes | No | Yes |
Roadmap
Oct 2017
MVP
- MVP release and testing
Dec 2017
Pre-ICO
- Pre-sale
Feb 2018
ICO
- Alpha
- ICO
- First users
March 2018
Pre-Beta
- Listing on exchanges
- Issue Pre-Beta
- User support
May 2018
Pre-release
- Launch Pre- release
- User support
June 2018
Release
- Launch Release
- Platform extension
| S1 | S2 | S3 | S4 | S5 | |
|---|---|---|---|---|---|
| Pre-alpha | Alpha | Beta | Release candidate | Release | |
| Storage, Consensus mFA, Consensus | FA: Key Design implementation | mFA: Key Design Implementation, PoW + PoS | mFA Optimization | - | Optimization |
| Data Store | Decentralization Ledger, NoSQL, Store Implementation | MessagePack History | Blockchain backup | - | - |
| CVM (Credits Virtual Machine) | Design and implementation | Integration with ecosystem | Optimization | Check errors | - |
| Third-party system | - | Design and implementation | Integrate to full system | - | Optimization |
| Inference Engine | Formal Specification and Key Design Elements | Reasoner integration with blockchain | Reasoner optimization | - | - |
| User interface | Implementation | Web UX Design | - | - | - |
| Wallet | Formal specification | - | UX Design Application test | Android, iOS, Desktop Wallets | - |
| RPC & REST API | Formal specification | Blockchain Explorer | - | Third-party explorer | - |