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About Credits
Credits (CRE) is a cryptocurrency that uses PoW/PoD hybrid mining algorithm, by which it solves among other things one major problem with Bitcoin; the direct relation between inflation, Bitcoin value and mining costs. In the absolute start-up phase, approximately the first six months, only Proof-of-Work mining is required. Once initially mined coins will become available for deposit, the system will gradually and automatically shift toward the combined PoW/PoD algorithm. The deposit system does not prevent proof-of-work mining, instead it acts as a force pushing miners towards adding deposits.
The official Credits ticker is “CRE” and trades under that name on all the exchanges where it has been listed. The designation “CREDITS” is for CryptoCompare.com only.
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