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Breaking News: JPMorgan Says Strategy Could Buy Up To $30B In Bitcoin This Year– TD Cowen Lifts Target To $395

Creditbit Introduces a 2-Tiered Devt Process at the Latest Meeting

Gautham
Gautham
Last Updated: March 27, 2018 6:06 am
2 mins read
bitcoin, creditbit, press release

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Creditbit, the MIT/X11 licensed cryptocurrency project has taken its next step forward. The team behind the emerging cryptocurrency has released a new development roadmap detailing the upcoming feature additions to the platform.

The new roadmap was announced a few days ago following a meeting between Creditbit’s entire development team. The key points of discussion at the meeting were reported on Bitcoin Talk – a cryptocurrency forum.

According to information available on the forum, the development team mainly discussed the platform’s future, while reviewing the various milestones of development. After the conference, the team has announced two parallel development tiers. The first development tier will be covering the Ethereum Smart Contracts development, and the second one will be dedicated to Creditbit support systems, documentation, design, and applications.

According to the schedule decided in the meeting, the platform will be releasing the Creditbit’s main smart contract, including the ERC20 complaint Ethereum token and other features on March 8, 2017. The main smart contract will be followed by the release of CreditGAME smart contract, which is set for launch at some time by the end of April 2017.

The development within the Smart Contracts tier will move at a rapid pace. By June 2017, the Creditbit development team intends to release the CreditDAO smart contracts. Soon after, the team will start working on the CreditIDENTITY and CreditBAY.

Meanwhile, the supporting tier will be focused on making the Creditbit platform much easier to use. The platform intends to release an upgraded version of its website on March 1, 2017. Soon after, in less than a week it will be followed by the release of Creditbit whitepaper. The whitepaper will provide the readers and community members with a much better understanding of the Creditbit platform and the technology behind it.

By March 8, 2017, Creditbit will start the migration to Credit 2.0 platform, along with the release of Creditbit token. May 2017 will see the release of its first DApp.

The Creditbit team has got the whole thing figured out, and it is just a matter of time before it implements all the features promised so far. Once these functions are implemented, it stands to become the most versatile altcoin in the market.

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