Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure.
CREDIT news
About CREDIT
What is Credit (CREDIT)?
Credit is Web3 without the Fee. That's why ee designed Credit Smartchain to be the Hyper-Fast and virtually free EVM blockchain that can process 100,000 transactions per second. Credit is not only fast but it can also support the low Gas fee of $0.0000000017 well into the forseeable future.
Who is behind the project ?
The Credit Project began in 2018 and was founded by Daniele Marco Ronchese, who is the current CEO & CTO. The Credit team has been developed from the community and over time has grown into a diverse and globally distributed body of volunteers.
Fast & Scalable
100,000 Transactions per second & 3s block intervals
Decentralized
Highly decentralized with over 30 globally decentralized validator nodes
Zero Fee
Zero real world cost gas fee of $0.0000000017
Ecosystem
Fast & Cheap, but most all Decentralized.
Credit Project is a decentralized blockchain development team, since 2018 we have been building the ultimate Smartchain. We call it CREDIT and it makes the advancement and widespread adoption of Web3 much more likely, because it is extremely fast and virtually free.
CREDIT is EVM-compatible, so it launched with support for the rich universe of Ethereum tools and DApps. In theory, this makes it easy for developers and teams to port their projects over from Ethereum and other EVM networks.
The Ultimate In Decentralization
100% safe from bad actors, we harness the power of PoA to secure our decentralization with over 30 community owned validator nodes. Our validators are well established within the community and have been supporters for many years, they are deeply bonded and expect an equal commitment from prospective validators.
Community
What began in 2018 has grown into a global community. We leverage the best ideas generated by our passionate members and put them into action quickly to maximise the benefit of all new developments. A more diverse and globally distributed community is hard to find in crypto, we are all focussed on adoption at grass roots level with many of our members being first time crypto users. We all help each other.
Zero Fee Reality
The possibility for growth in all sectors is multiplied immessurably when you remove the cost, which has historically been the most limiting factor for wide spread adoption. CREDIT solved the Gas problem. If we consider all the possible uses and benenfits blockchain, smartcontracts and decentralization can bring to people and businesses, then it's easy to see how the cost associated with use has limited the growth of Web3, DeFi and NFT.
Virtually Zero Cost
The Fast & Cheap Blockchain
Credit works just like any other Ethereum blockchain, users need to pay Gas to on every transaction. Gas is important because it protects the network from abuse. We have the same Gas as other more expensive chains but we have virtually no cost. We used completely new technology to scale the speed and cost of Web3 well into the forseeable future.
You can make a lifetime of transactions, 47,901, for just 1 CREDIT ($0.0000000017)
The live CREDIT price today is $0.000012 USD with a 24-hour trading volume of $24.97 USD. We update our CREDIT to USD price in real-time. CREDIT is up 58.48% in the last 24 hours. The current CoinMarketCap ranking is #1989, with a live market cap of $30,179.09 USD. It has a circulating supply of 2,425,433,850 CREDIT coins and a max. supply of 25,000,000,000 CREDIT coins.