Credibit Introduces the Future of Money




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.

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 source code. You don’t need to expose your information when generating addresses or when sending/receiving transactions. With Credibit, your personal information is completely safe.

The company developers are always trying to improve Creditbit. New projects that boost adoption and give users an easy and excellent experience are always being designed and updated all the time, but most importantly they are open-source and publicly available. Creditbit also has a large open community that participates in its development. Anyone can join and participate by helping to build new applications with the Credibit technology simply by pulling the software directly from Github.

Credibit is the future of money. Go ahead and download the Credibit wallet, start staking Credibit right now and earn up to 8% of your total investment annually!

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Disclaimer: The opinions expressed in this article do not represent the views of NewsBTC or any of its team members.  NewsBTC is not responsible for the accuracy of any of the information supplied in Sponsored Stories/Press Releases such as this one.

Published by

Nuno Menezes

Nuno Menezes is a Portuguese Bitcoin Entrepreneur and a crypto currency’s enthusiast supporting the Bitcoin Portuguese Community.

He is an Anthropologist and a Writer and his current field of work is virtual currencies.

Complementing his Social Sciences Master degree with a Professional background in telecommunications along some experience in Computer Science, he intends to bring knowledge and understanding about the impact of crypto currencies in society.

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