An Evolving Currency For An Evolving Society

What is CREDITS?

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Credits (CRDS) is a decentralised currency that is designed for ease of use, privacy and equality.

Credits (CRDS) are created via a process called mining which can be done using your computers CPU and the wallet which can be downloaded below.

Credits (CRDS) are mined and transactions secured by the award winning cutting edge Argon2d algorithm to ensure zero abuse from botnets, GPU farms & ASIC's.

Credits (CRDS) uses DELTA, the most advanced difficulty retarget algorithm available to protect against Multi/jump mining pools.

Download

Credits (CRDS) is only available for 64-bit operating systems.

    Technical Specifications


    • Coin Suffix: CRDS
    • Maturity: 10 Blocks
    • Minimum TX Fee: 0.0001 CRDS
    • Blocks per day: ~675
    • Block Target Spacing: 128 Seconds
    • Intial Supply: 18,315,989 CRDS by 2024
    • Continuing Supply: 4 CRDS per block
    • Premine: 475,000 CRDS

    • PoW Mining Algorithm: Argon2d
    • PoW Difficulty Algorithm: DELTA
    • PoW Period: ~36 years
    • PoW Reward per Block: Click Here


    • Masternode Collateral Amount: 5,000 CRDS
    • Masternode Collateral Confirmations: 16 Blocks
    • Masternode Reward: Click Here
    • DAO/Governance: Disabled

    • P2P Port: 31000
    • RPC Port: 31050
    • Masternode Port: 31000
    • Magic Numbers: 0x2f 0x32 0x45 0x51

    Join the Community!

    Rewards

    Credits (CRDS) rewards have been mapped out for the entire ~36 years of supply creation. This is to work towards providing a continual incentive for miners and return on investment for Masternode owners.

    Year Blocks PoW Masternode Dev Fund
    2017 0 - 375,000 10 CRDS 1 CRDS 0 CRDS
    2018 375,001 - 467,000 8 CRDS 2 CRDS 0.5 CRDS
    2018 467,001 - 592,000 7 CRDS 3 CRDS 0.5 CRDS
    2019 592,001 - 717,000 6 CRDS 4 CRDS 0.5 CRDS
    2019 717,001 - 842,000 5 CRDS 5 CRDS 0.5 CRDS
    2020 842,001 - 967,000 4 CRDS 6 CRDS 0.5 CRDS
    2020 967,000 - 1,092,000 3 CRDS 7 CRDS 0.5 CRDS
    2021 1,092,001 - 1,375,000 2 CRDS 8 CRDS 0.5 CRDS
    2022 1,375,000 - 1,500,000 2 CRDS 7 CRDS 0 CRDS
    2022 1,500,001 - 1,625,000 2 CRDS 6 CRDS 0 CRDS
    2023 1,625,001 - 1,750,000 2 CRDS 5 CRDS 0 CRDS
    2023 1,750,000 - 1,875,000 2 CRDS 4 CRDS 0 CRDS
    2024 1,875,001 - 2,000,000 2 CRDS 3 CRDS 0 CRDS
    2024 2,000,000 - ∞ 2 CRDS 2 CRDS 0 CRDS

    Documents

    Documents to help with Credits (CRDS)

      CREDITS Wallet Upgrade Guide CREDITS Wallet Upgrade Guide Development Fund File

    Team

    The team consists of the following core members and contributors:

    Name Location Age Role Social Media
    Matt Rankin Sydney, Australia 44 Service Delivery
    Andrew Tookay Cluj-Napoca, Romania Bounty Management, C, C++, Python Development
    loremipsum Greece Community Manager, Blockchain Advisor
    Timo Güntner Cologne, Germany 20 Marketing, Web Development

    Roadmap

    Current Roadmap

    • Community Poll on remapping the emission of Credits and changing from PoW + Masternodes to PoS + Masternodes or PoW + PoS + Masternodes
    • Community Poll on PoS details (inflation, rewards, etc.) if approved at the previous Community Poll
    • Listing on a new exchange - CryptoBridge, a decentralized exchange
    • Implement change #1 from Community Poll - 0.5 CRDS / block to Development Fund
    • Implement change #2 from Community Poll - the new emission, MN rewards to increase and PoW to decrease every 125,000 blocks (~6 months)
    • Create a standalone CPU miner for the Argon2d algorithm that allows for pool mining
    • Create an official pool with a 1% fee (0.5% to Credits Devevelopment Fund + 0.5% to the Team for pool maintenance, hosting & upgrades)
    • Listing on a large exchange - Bittrex / Binance / Cryptopia / etc.
    • Android and iOS wallets

    Future Roadmap (TBD)

    • Trezor / Ledger / KeepKey hardware wallets integration
    • SegWit + Lightning Network integration - TBD whether or not it is needed / will be replaced by other technologies
    • Real World marketing of Credits - interviews, ads, stickers, etc.
    • Credits Meet-up/Conference