What is Credit (CREDIT)? Credit is a Web3 platform that offers fast and virtually free transactions. The Credit Smartchain is designed to be a hyper-fast EVM blockchain capable of processing 100,000 transactions per second. It also supports low gas fees of $0.0000000017.

Fast & Scalable: Credit can process 100,000 transactions per second with 3-second block intervals.

Decentralized: Credit is highly decentralized with over 30 globally decentralized validator nodes.

Zero Fee: Credit has a gas fee of $0.0000000017, making transactions virtually free.

Ecosystem: Credit Project is a decentralized blockchain development team that has been building the ultimate Smartchain since 2018. It aims to advance and promote the widespread adoption of Web3 by offering a fast and cost-effective solution.

Credit is EVM-compatible, allowing developers and teams to easily port their projects from Ethereum and other EVM networks.

The Ultimate In Decentralization: Credit utilizes the power of Proof of Authority (PoA) to ensure 100% safety from bad actors. It has over 30 community-owned validator nodes that are deeply bonded and committed to maintaining decentralization.

Community: The Credit Project has grown into a global community since 2018, with passionate members contributing their ideas and actively participating in the development process. The community's focus is on grassroots adoption, with many members being first-time crypto users.

Zero Fee Reality: Credit eliminates the cost barrier associated with blockchain usage, enabling widespread adoption in all sectors. By solving the gas problem, Credit opens up possibilities for Web3, DeFi, and NFT growth.

Virtually Zero Cost: Credit works like any other Ethereum blockchain, requiring users to pay gas fees for transactions. However, Credit offers virtually no cost for these transactions, making it a fast and cheap blockchain solution.

With just 1 CREDIT ($0.0000000017), users can make a lifetime of transactions, totaling 47,901.

Who is behind the project? The Credit Project was founded in 2018 by Daniele Marco Ronchese, who currently serves as the CEO & CTO. The Credit team consists of volunteers from the community, and it has grown into a diverse and globally distributed body over time.