Credibit is a new digital currency and payment protocol that promises to offer new capabilities to many of the limitations presented by several other cryptocurrencies. It is an open source project released under the MIT/X11 license allowing anyone to run, modify, and copy the software and to distribute, modified copies of the software.
Creditbit is ten times faster than Bitcoin and it can handle a lot more transactions. Creditbit is also environment-friendly. It doesn’t waste as much resources as other cryptos, and it is completely prepared for a rapid growth and scalability. Credibit is trying to end border issues by offering no conversion fees, no delays and no centralised control. Every machine mining creditbit and processing transactions are working together as a part of a big and international financial network, meaning that no central authority can interfere with monetary its policy and decide to take creditbits away from their rightful owners.
You can also stake your coins with Creditbit . Users will be able to earn up to 8% annually just by participating in the staking process. To do that you just need to maintain Coins in your wallet and leave it open. With this process, users will be allowed to earn compensations just by holding Credibits.
With Credibit, anyone can set up an account in seconds with no commissions associated. The company believes that conventional banking is not available to 5 billions of persons around the globe, and as so it is looking to offer banking services to the unbanked. Its mission is to help people set up merchant accounts and make international payments easier than ever before. There is no clearing house or bank behind Creditbit, so sending transactions are free.
The Credibit software is also released in a transparent process allowing for independent verification of binaries and their corresponding […]
