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02.02.2021
News

Q&A Session with Credits’ CEO, Igor Chugunov, February 2nd.


Hello all. 

Please find below our Tuesday Q&A Session. I have covered questions related to the company strategy, vision, and business received from our community recently. 

Q: “any audits coming next months?”

A: We have done several audits in the past and not planning any new at least for the nearest future. Here you can find the link to the latest:

https://medium.com/@red4sec/credits-blockchain-audited-by-red4sec-1b0cb9bf3b4a

Q: “Why have we got youtubers hyping project up that do 15000 tps saying they are so fast when Cs can do well over half million tps yet no body talks about CS?”

A: Collaborations with well-known YouTubers are pretty expensive and such campaigns bring results only in long terms, 3-6 month collabs usually. This requires big budgets. We are doing some single video reviews with smaller YouTubers and influencers now, we will share these activities in the main chats and social media. More promo publications on external channels are planned to follow up our news on products’ releases and Public Speed/Load Test.

Q: “I have a question for Igor, will there be new and large stock exchanges added? Because 3 years ago we only added one exchange and it wasn't good”

A: We are currently negotiating with a number of exchanges, large and small ones. CS coin will come out on more exchanges this year, we can assure you. Yet I cannot say if these will be the top names.

Q: “why no bilaxy listing on coinmarketcap??In the process, we have requested “

A: We requested this information to be updated on CoinMarketCap and CoinGecko. CoinGecko already added Bilaxy on our page, and we are still waiting for the update from CoinMarketCap. We are confirmed by their team that our request is in process.

Q: “What is needed for DEFI to run on CS?”

A: The smart contracts we have in place allow to create different services including DeFi. You can find more information on smart contracts on Credits Blockchain via the link: https://credits.com/news/129-smart-contract-on-credits-manual.html

Q: “Hello what’s the circulating supply of our token?”

A: CS is a coin, not a token. The circulating supply is 223,456,423 CS

Q: “When is the public speed test?”

A: Currently, the code is being prepared for public testing. We have been optimizing the memory consumption for high transactional loads to improve the stability of the node. This task is taking longer than expected. Our estimation is that approximately two more days are required for completion. As soon as we do this, we will immediately conduct two internal tests, and if they are successful, we go to a public test.

I hope I have provided here full answers and thank you all for sending us questions!

Please remember we collect questions in our social media and TG chats during the week, and answer them each Tuesday.
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