SparksPayBlockchain-powered eCommerce, enabling the secure use of cryptocurrencies online
SparksPay Specs:Symbol: SPK
Algo: Neoscrypt
Block time: 120 Seconds
Difficulty adjustment: Each block (Dark Gravity Wave)
Block Reward: 20 per block (reduced by ~8.3% every 262800 blocks) - currently at
Masternode Collateral: 1,000 SPK
Masternode Reward: 60% Block reward
Mining Reward: 30% Block reward
*Core Team Reward: 10% Block reward
Lucky Block: Set lump sum reward(s) for miners and masternodes
Lucky Block schedule (starts at block 100,000, after fork)
Months 1-3: 1000 SPK / month
Months 4-6: 1500 SPK / month
Months 7-9: 2000 SPK / month
Months 10-12: 2500 SPK / month
Year 2: 3500 SPK
Year 3: 5500 SPK
Year 4: 9000 SPK
Year 5: 15000 SPK
Darksend: Yes, TX obfuscation
InstantX: Yes
RPC port: 8818
P2P port: 8890
Max Supply: 21,000,000
**Post-mine: 300,000
*Portion reserved for Core Team development costs
**Post-mine is for listings, bounties, contractor work and partnerships with SparksPay
SparksPay Description:The focus of SparksPay will be around solving issues currently faced when using cryptocurrency for eCommerce. As avid supporters of cryptocurrencies, we realize that cryptocurrency adoption for the purchase of goods and services online has been slow. While there are many merchants that are beginning to accept cryptocurrencies as a form of payment, consumers are reluctant to spend their cryptocurrency. The primary reason for this is the lack of trust. Once a cryptocurrency transaction has been made and payment is sent from the buyer to the seller, there is very little protection or recourse for the buyer in the event of a fraudulent transaction, which creates reluctance. Unlike using credit cards, which provide full buyer protection as banks can reverse a fraudulent transaction, there is no such intermediary for cryptocurrencies. In another example, Paypal has been able to succeed at a large scale due to its popular buyer protection service. Buyers on eBay can shop worry-free, knowing that they can file a claim with Paypal, who serves as the mediator in the case of a dispute.
SparksPay is aiming to be the leading cryptocurrency platform in eCommerce. SparksPay will be the first cryptocurrency platform that incorporates a buyer protection service. This process will largely be automated and fully utilize features already available within the SparksPay core code. Not only will holders of Sparks be protected when spending their SPK, the SparksPay platform will be made available to retailers all over the world as a service. Using the service will require subscription payments to be made in the form of SPK, creating utility and demand for the coin. This service will be catered to many industry verticals and will be designed specifically to meet the unique needs of each industry, making it seamless for merchants to integrate our services.
SparksPay Important Links:Website:
http://sparkspay.io/Download official wallet:
https://github.com/sparkspay/sparks/releases/tag/v0.12.3.5Download official bootstrap:
https://github.com/sparkspay/sparks/releases/tag/bootstrapDiscord:
https://discord.gg/TaYsEsXTwitter:
https://twitter.com/sparkspayioGithub:
https://github.com/sparkspayMedium:
https://medium.com/sparkspayFacebook:
https://www.facebook.com/sparkspay.io/Coinmarketcap:
https://coinmarketcap.com/currencies/sparkspay/SparksPay FAQ:Q: Will my old Sparks coins be available after update?A: Your coins are the same and are safe. You need to update your wallet to the latest official one and reindex it in case it’s stuck at an older block. Use
http://explorer.sparkspay.io to view the current block number. Join our Discord group for information if you need support. Our Support Team is there to assist (
https://discord.gg/TaYsEsX).
Q: What about the original premine of old Sparks?A: The original premine funds of old developer who abandoned the project was locked since block 100,000. They cannot be used, transferred, essentially being out of circulation, therefore reducing the available supply. The original premine address can be seen here:
http://explorer.sparkspay.io/richlist (as well as the new team’s postmine address).
SparksPay Mining Pools: Pick your favorite pool from here:
https://poolexplorer.com/coin/3344Or go directly to:
https://bsod.pw/https://ahashpool.com/https://www.zpool.ca/coinshttp://zergpool.com/http://blazepool.com/http://wacky.net-freaks.com/getting_startedhttps://youcrazy.me/SparksPay Block Explorer:http://explorer.sparkspay.io/SparksPay Masternode Ranking:https://masternodes.online/currencies/SPK/SparksPay Exchanges:https://app.stex.com/en/basic-trade/pair/BTC/SPKhttps://karsha.biz/+sparkshttps://www.southxchange.com/Market/Book/SPK/BTChttps://tradesatoshi.com/Exchange/?market=SPK_BTC