Established in December 2015 as a Bitcoin-like coin was recently migrated on a new Ethereum Blockchain. It can be held or transacted between Ethereum digital wallets, each represented with a unique combination of private and public key (ex. Mist, Ethereum Wallet, MyEtherWallet, Parity). Technically, Creditbit is a digital Ethereum Token, that hosts on the Ethereum Blockchain, a public distributed digital ledger.
In practice, Creditbit can be exchanged and transacted between Ethereum addresses (wallets), that are managed by their owners. Moreover, Smart Contract, a set of rules for the Creditbit Token, holds many other functionalities than just a balance and transactions. One of the most prominent functionalities is Proof of Trust, a locking mechanism, that enables Token owners to involve in issued Token distribution and voting.
Try our free Creditbit (CRB) portfolio tracker if you want to efficiently keep track of your CRB and other coin/token investments.