Is anyone following Credits?
Seems like an interesting project which will have its IPO and launch pretty soon: http://getcredits.io/blog/credits-presale-logo-contest-announcement/
If you're new to Credits, here is what sets Credits apart from other cryptocurrencies:
[li]Close to instantaneous transaction confirmation, without the need for multiple confirmations.[/li]
[li]First of its kind riskless presale. Literally a money back guarantee if it turns out to be a bust.[/li]
[li]No inflation. There's no need to inject $1.8 million dollars a day, as happens in Bitcoin, to pay for secure transaction confirmation.[/li]
[li]Developers will be able to interact with the protocol much more easily than with existing cryptocurrencies. This means your holdings will both become easier to use, more useful in general, and appreciate at a much faster rate.[/li]
[li]Strong support for micro-transactions.[/li]
[li]A much different architecture means most nodes will need to store 100x less information than with traditional Satoshi clients.[/li]
But, wait. There's more!
Those are only the features that will be available at launch. In addition to those, the long term plan for Credits includes adding things such as oracle support and programmable contracts. However, the first and foremost priority is to develop a fast and secure payments network that is easy to interact with and use.
Sounds very interesting. Although I have no idea how that works. No blockchain!? Hm...
Proof of Consensus consists of requiring at least 50% of the actively
Proof of Consensus consists of requiring at least 50% of the actively
Moved!
The project sounds very interesting! Do you know if anyone has reviewed the code?
Yeah, don't know how I forgot about that. 
Anyway, this coin is very similar to simcoin.