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Credits Blockchain Development Strategy 2022


In our blockchain development strategy, we are following the goal to make it more universal and available for all sorts of business needs. Therefore, we are looking to increase protocol productivity while keeping a high level of blockchain stability. 

The 2021 year was a rewarding year for the Credits blockchain; we have reached the objectives we set at the end of 2020 and made some additional improvements while fixing bugs.

We are determined to make 2022 a more successful year and plan some essential works to improve blockchain further and extend its functionalities. Some of these works are already in the process.

There are several elements of the Credits blockchain which we are looking to enhance in 2022. Below we present our strategy for the improvements divided into the problems they aim to solve.

Optimization of Credits protocol

1. Refinement of the block writing algorithm. The updated algorithm will exclude any possibility for the error of empty blocks records. 

2. Building function to restore generation blocks by the trusted nodes from the last block.

3. Developing a mechanism to select trusted nodes for several rounds.

4. Rebuilding the existing API, adding commands, creating a multi-threaded two-way interface (in the process). 

5. Mining: testing and debugging.

Developing smart contract processing system

1. Rectifying the current module for executing smart contracts enables calling a contract from a contract (in the process). 

2. EVM integration with the Credits node (in the process). 

3. New executor (in the process). 

4. Binding for a new executor and developing a module selection functionality that will depend on the contract language.

Optimization of data transfer

1. Debugging the synchronization module: investigating and removing possible dead loops and pauses.

2. Redesigning the synchronization module, eliminating irrelevant operations of serialization/ deserialization.

Increasing node interaction 

1. Creating a working console for managing a node (this task is completed and will be in the testing stage soon).

2. Creating a managing API (in the process).

3. Node diagnostics and management.

As you may have noticed, some of the development tasks are already in process; the team started them in 2021 and continues working now; they are marked accordingly.

In 2022 we will continue making official publications at least twice a week, providing you with the full detailed update on our progress. Please stay tuned.