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  • (01. January 2010., 10:27:49)

Author Topic: [ANN] [CRBIT] Creditbit Hybrid POS/POW| x11| coinpayments| 100M CREDIT | Bittrex  (Read 3241 times)

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Mandatory Update, New Wallets/Source released (v1.4.0.0 09/03/2016)
Please make sure you all update ASAP, this update comes with important bug fixes
Download your wallets from our website or from our GitHub releases

Find out more and get started here

Join our Slack channel

Speed - Simplicity - Ease of use - Efficiency - Active development

What was the first road map all about?

We have seen the lack of development and innovation in other hybrid PoW/PoS projects. Even though the concept of a hybrid coin is excellent, developers failed to port most important projects to their coins because of the technical differences between protocols which made it really difficult. We prepared a road map that focused mostly on usuability of Creditbit, most of our development focused about porting important projects to achieve that and today we are happy to announce that everything was successfully fulfilled.

Electrum-Creditbit :
Electrum is a simple, but powerful wallet. A twelve-word security passphrase (or “seed”) leaves intruders stranded and your peace of mind intact. Keep it on paper, or in your head... and never worry about losing your creditbits to theft or hardware failure. No waiting, no lengthy blockchain downloads and no syncing to the network.

Creditbit dev-team is already running 3 public servers but anyone can join and run his own public server, in fact we erally encourage people to do so, it is simple, easy and straight forward, the how-to can be found here, if you face any problems or have any questions you can always reach to us for help.

Creditbit-Qt :

This is the full client and builds the backbone of the network. It offers high levels of security, privacy, stability and speed. Creditbit-Qt is the main minting (staking) client.

Creditpay :

Creditpay users can hold funds individually or share finances securely with other users with multisignature wallets, which prevent unauthorized payments by requiring multiple approvals. Here are some ways Creditpay can be used with others:

To save for vacations or joint purchases with friends
To track family spending and allowances
To manage business, club, or organization funds and expenses
We built the following features into this version of Creditpay for a creditbit wallet that doesn't compromise on security or accessibility:

Multiple wallet creation and management in-app
Intuitive multisignature security for personal or shared wallets
Easy spending proposal flow for shared wallets and group payments
Device-based security: all private keys are stored locally, not in the cloud
Synchronous access across all major mobile and desktop platforms
Payment protocol (BIP70-BIP73) support: easily-identifiable payment requests and verifiably secure creditbit payments
Customizable wallet naming and background colors
Multi languages support


Payment Platforms

Creditsight :

A creditbit blockchain that offers a RESTful API and a Websocket Subscriptions for Live Transaction Monitoring, Creditbitsight API allows to develop Creditbit-related applications (such as wallets) that require certain information from the blockchain that creditbitd does not provide. and much more.

creditbit was launched, a cryptocurrency with thesespecifications:

Hashing Algo: X11
Hybrid POW/POS, POW only for the first year, POS 8% annualy
Minimum Stake Age, 24 hours, One Year Max age
Block reward of 100 coin and halves every 129600 Block (the 4th retarger at block 518400 is the end of PoW)
Money supply 100 Million CRBIT
1 minute block target
15 minutes diff. retarget
Minimum Stake Age, 24 hours, One Year Max age
RPC port: 5555
P2P port: 5556

add these lines to your creditbit.conf:


What is the second road-map all about ?

Now that Creditbit is ready for adoption with most important project already ported, we can start working on user adoption and grow the community, so what our next plans are ?

1- Marketing and social engaging :

This will be our top priority in the second road-map, engaging with exchanges/investors/community, of course as developers we are good at fixing code but not marketing and we know this, this is why we have 2 volunteers that will take over the social media and the mailing account (

2- Getting as much services as possible :

Creditbit Dev-team will work on getting as much services and projects to work with creditbit as possible, we will look at all projects that will help the growth and give more value to Creditbit and commit to work on them

3- Getting as many developers :

We will welcome anyone that is prepared to contribute and commit to the project, this will assure decentralization of development and obviously transparancy

4- Continuous development and Innovation :

When we achieve the 3 points above we will start working on projects that make Creditbit more unique than, zerocoin features are one of these things

To achieve our goals the community needs to get involved, if not in promoting the use and development then in donating for the project, as you know Creditbit was launched without any pre-mine or instamine, our main income is the collected fees from the Official Pool, half of that (around 35K CRBIT at the moment of writing these lines) will be dedicated for these goals, donations are encouraged

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OP has been updated, check it out!

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