Creditbit, the ethereum-based software management platform, is one of the faster growing digital currencies in the cryptocurrency segment. It is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software.
Creditbit is not just any other cryptocurrency but is rather looking to change the crypto world by improving drastically up on Bitcoin. It is ten times better than Bitcoin in terms of speed and rate of transactions.
Creditbit’s recent price surge has also garnered a fair bit of traction. Moreover, its rapid adoption and development has positioned it as the ‘Future of Money’.
Creditbit is easy to use and available to one and all. Creditbit address is simple to set up and can be done in seconds. The process requires no fee to be paid or answering to any questions. Unlike the conventional banking which is still not available to 5 billion people, and is a hassle for the other 2 billion. Banks make you jump through hoops simply to open a bank account, never mind the merchant accounts.
The open source nature of Creditbit also makes it easy for anyone to join the community and ensures the constant evolution of the platform itself. This also leads to a greater adoption because of the better user experience.
Creditbit is built as a robust platform, with all its source code available on main repos on GitHub.
Further, Creditbit does not require the users to give away their personal information. This prevents the exposure of personal details when generating addresses or when sending/receiving transactions. Thus, providing the users with complete privacy.
Also, no charge is incurred on transaction as there is no clearing company or any organization behind Creditbit.
Creditbit has created a fair amount of buzz in the community since its launch and has taken its first steps towards mass adoption with increased adoption among individuals, traders and merchants.