Cryptocurrency getting Bigger than Governments

We’re entering a very interesting time, the age of Cryptocurrency.

Political and Financial Leaders around the world like the Financial Minister of Nigeria and The President of the European Central Bank are saying categorically that Cryptocurrencies have surpassed the point of confiscation and control.

This seems to follow the natural trend of our history to return freedoms and power to the individual, next on the list is our money and finances.

Its going to be an interesting next few years as we all watch Cryptocurrency’s true potential start to play out and Government’s around the world start to make the big decision of whether to adopt or to reject Cryptocurrency.

Cryptocurrency Adoption on the Rise worldwide

2017 has seen the massive rise in Cryptocurrency Adoption Worldwide, and its not over yet.

  • The Law is trending towards Cryptocurrency favor around the world as Governments and legislators start to make the right Pro-Cryptocurrency decisions
  • More and more Merchants and Vendors around the world are starting to accept Cryptocurrency as a form of payment
  • Cryptocurrency Usership is seeing its highest numbers to date

Cryptocurrency is finally starting to enter the mainstream, and the future holds endless possibilities for Cryptocurrency and Blockchain Technology.

A Big Welcome to All New Kreditcoin Users

We’ve been monitoring the numbers and this week has seen the highest influx of new Kreditcoin Users to date!

A big welcome goes to all our New Users, whether you’re a Miner, Collector, Bounty Hunter, or just a regular user all of us at the Kredit Project are happy to have you with us and a part of Kreditcoin.

Always remember that you are and always will be an integral part of Kreditcoin, especially at this early stage of our development. Our initial Users will always be remembered as being there in the beginning, not to mention you’ve all got front row seats to the development, growth, and blossoming of Kreditcoin.



Kreditcoin Weekly Update September 20th 2017

It’s been a busy and productive week for us here at the Kredit Project, with the launch of the Kreditcoin Bounty Campaign and various partnerships on the table.

The Bounty Campaign was our solution to giving non-miners an opportunity to get Kreditcoins in their wallets at this early stage. This is only our first initial round of Bounties, the list is sure to get more numerous and unique as time goes on. I encourage everyone to participate in our Bounties whether you have a promotional background, or are just a regular Social Media User (pretty sure that’s all of us to some extent) there’s no excuse not to try your hand at being a Bounty Hunter.

We’ve got some interesting projects in the pipeline for the near future in terms of partnerships, you can all expect some announcements in the near future about new implementations of Kreditcoin.

Stay tuned and thanks for supporting!

Gabriele Ronchese
Cheif Operations & Marketing Officer
The Kredit Project

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Kreditcoin Bounty Campaign Now Live

The Kreditcoin Bounty Campaign is Now Live!

The Kredit Project is pleased to announce the launch of it’s Bounty Campaign starting off with its initial round of bounties with more to follow in the following weeks. All bounty rewards will be paid out directly from the founder’s reserves upon completion and verification of the task chosen. The Kredit Founders view this Bounty campaign as a long term investment in the future success of Kreditcoin and it’s users. Participation in this Bounty Campaign is the perfect opportunity for non-miners to get their hands on some KRD and become early Kreditcoin adopters.

Head over to our Bounty Page to get started today!

Kredit Mining Pool Open and Ready for Busines

Greetings Miners and Cryptocurrency Collectors

Please be advised that the KRD pool is available publicly. Now is the perfect time take advantage to build up your KRD supply.

The Kredit Project has big plans for the future of the Kredit Network and Kreditcoin. We have tentative agreements in place with local South African and International exchanges. There is also app and web wallet development in progress as well as integration into the exisiting “Face2Face” Location based app available on IOS and Android.

We are preparing for the future of Kreditcoin’s success as one of its pioneer miners and reap the rewards!

Kreditcoin Specifications:

Hashing Algorithm: Scrypt

Pre-mine: No

Coin Type: Pure PoW

Difficulty Retargeting Algorithm: Kimoto Gravity Well

Time Between Blocks: 60s

Block Reward: 44 KRD

Block Reward Halving rate: 500,000

Total Coins: 44,000,000

Daily Block count: 1,440

Maximum Block Size: 1 MB

Currency: kreditcoin

Symbol: KRD

Genesis Block Date: 20/07/2017

Kreditcoin Pool: Host: stratum Port: 3008, Diff: 8 Port: 3032, Diff: 0.0002 Port: 3256, Diff: 256

Kreditcoin (KRD) Completed and Released

The Kredit Project is proud to announce the completion of it’s very first project, The Cryptocurrency “Kreditcoin” (KRD). Kreditcoin was born on 20/07/2017 with the mining of it’s genesis block taking place.

Kreditcoin was created to allow those who missed out on the early years of Bitcoin success to have another chance at reaping the rewards of early adoption. In it’s design process, the Kreditcoin creators took into account the Greater African Community where they are based and incorporated measesures to ensure that Kreditcoin would teach the African Community about Cryptocurrency and promote it’s use. Our mining pool is set up specifically to allow inexperienced miners and those that cannot afford expensive and high-end mining equipment to benefit and play a larger role in the Mining Process.

Our initial research into the African Market found that more than 80% of Adult Africans are un-banked, either unable to procure a Bank Account due to legal or logistical reasons, or discouraged from opening an Account due to high Banking and Transactional Fees. However, of this Un-Banked 80%, an overwhelming majority have access to the Internet and use Social Media and Messaging Apps like What’s App and Facebook as often as daily. We’ve identified this as a great potential for Kreditcoin adoption in our Local Community. As such, The Kredit Project has placed it’s initial focus on African adoption of Kreditcoin, before focusing solely on Global adoption, to provide a Safe, Secure, and Reliable Banking Alternative, while also introducing users to the greater benefits of using a Cryptocurrency.

Kreditcoin is a true Cryptocurrency and as such implements blockchain technology allowing it to be fully decentralized, and operate around the world with a focus on it’s Users. Kredit Users will enjoy a range of features and benefits such as: Instant transactions regardless of the physical distance of the recipient. Total and complete ownership of their Kreditcoins, sole ownership lies with the User, not The Kredit Project or any other organization/institution. Enhanced security, cutting-edge cryptographic algorithms help keep their information, and funds safe. The ability to make their own money, all Kredit Users are free to join and take part in the mining process to mine their own Kreditcoins, and help maintain the Kredit Network in the process. And the elimination of fees, there are no hidden fees or tariffs implemented.

Kredit Wallets will forever be free to download and use, allowing Kredit Users to be their own banks in full control of their fund management for x0 the cost. Kredit Wallets offer their Users all the features of a Normal Bank Account, plus more, without an organization, contracts, documentation, or stipulation looming overhead like a flock of vultures. When you download a Kredit Wallet, you’re founding the Bank of you.

The Kredit Project was founded in South Africa in late 2016 by Daniele & Gabriele Ronchese and recently celebrated it’s anniversary. On the completion of Kreditcoin the Founders had this to say about their currency: Daniele: “I am confident that Kreditcoin will prove itself to be more than just a currency, but a dynamic network that spans the globe. Kreditcoin is undoubtedly a long-term investment vehicle, it’s final stop- Financial Freedom.” Gabriele: “Cryptocurrency has already changed and improved countless lives, I’m lucky enough to be one of them. Our aim is to provide the best Cryptocurrency experience to those who need it most, in the process contributing to the world Crypto-Ecosystem, and eventually claiming our spot as one of the most successful Cryptocurrencies.”