CREDIT CSC NETWORK THE LOW GAS SOLUTION
Crypto Money
DeFi
3 years ago
CSC Network will benefit from crosschain bridges that will link our current CREDIT chain, Ethereum, Binance Smartchain, Polygon and others. This means that any user with assets on any of those chains will be able to instantly swap to a Credit wrapped asset version on the CSC network in seconds. Once they have ported their assets to CSC network they will benefit from faster transactions and almost 0 fee’s. ($0.00000001 per tx)
When a user moves their assets to CSC network, the primary assets are held by a smartcontract on the primary chain and new assets are issued on CSC network, this means the users funds are safe on the previous network. This allows them to easily swap back to the primary chain at any time they choose with 0 risk. Once the asset exists on our network, the user starts to benefit.
What seems like almost nothing in the way of GAS fee’s to the individual, adds up very quickly on a large scale across the network. So instead of sending $0.15 gas fee’s or more on a competitor chain you can spend $0.00000001 or less on Credit. The gas price is identical but the value of the native token is what determines the real world value of the transactions. To be clear what is a $0.15 cost on BSC is $15.00 cost on ETH and would be a $0.00000001 or less on Credit.
When a user moves their assets to CSC network, the primary assets are held by a smartcontract on the primary chain and new assets are issued on CSC network, this means the users funds are safe on the previous network. This allows them to easily swap back to the primary chain at any time they choose with 0 risk. Once the asset exists on our network, the user starts to benefit.
What seems like almost nothing in the way of GAS fee’s to the individual, adds up very quickly on a large scale across the network. So instead of sending $0.15 gas fee’s or more on a competitor chain you can spend $0.00000001 or less on Credit. The gas price is identical but the value of the native token is what determines the real world value of the transactions. To be clear what is a $0.15 cost on BSC is $15.00 cost on ETH and would be a $0.00000001 or less on Credit.
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