It certainly has been a long while since we could discuss three interesting alternative cryptocurrencies in one day. Today is one of those glorious days though!
In about an hour from now, a cryptocurrency called “Credits” will be launched. The reason why this coin is worth taking note of, is quite easy to explain.
It doesn’t happen often we see a coin which has a proper announcement thread. Especially not one existing of videos, exchanges ready at launch, multiple pools available to start mining right away, translations to different languages,…..really impressive stuff.
Some important things to know about Credits are : no pre-mine, services available from day one, and plans to work towards an USD exchange in the near future.
Technical specs are : Scrypt, 20 billion Credits supply cap, Kimoto’s Gravity Well, lozer block rewards in the beginning but increasing every two weeks.
The reason for this unusual block reward system, is to make sure everyone has a fair chance of mining Credits, and even people who didn’t get in from the beginning, will be able to reap the benefits.
In turn, this will also encourage miners, investors and general enthusiasts to keep using Credits on a frequent basis, and ensuring its financial relevance.
In regards to the services available at launch, there will be a fully functional Credits marketplace available today. It will be interesting to see what kind of goods we can expect to buy.
Future plans for Credits include an Android Wallet, Coin Mixing feature, gambling website(s) , and much, much more to be announced.