Topic: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable. - page 11. (Read 3449 times)

SPARTA's character and mission
 
Our goal is to start a new stage in the evolution of cryptocurrencies. SPARTA allows cryptocurrency technologies to more easily and more quickly gain broad adoption in our lives in order to create new financial relations that are decentralized, honest, and fair. This is our vision of the future.
 
For SPARTA and blockchain as a whole, the possibilities are endless. The main feature of payments based on a blockchain is that they enable transactions to be performed online without intermediaries. In the future, blockchain may be used not only for transactions, but also for recording, tracking, monitoring, and executing operations involving any assets.
 
Basically, we are dealing with a huge spreadsheet that records all assets and a global accounting system for performing transactions with those assets - without any restrictions on the type of assets, parties to the transaction, or geographical location.
 
SPARTA technology, with its clear advantages, will take cryptocurrency to an entirely new level. Thanks to all the advantages, convenience, and ease-of-use, everybody will want to and be able to use digital money. People can use SPARTA to gain independence from banks and easily earn money from home.
 
In time, people will recognize the cryptocurrency's advantages over traditional money and will begin to use it en masse. As a result, financial relations in society will fundamentally change, becoming honest and fair. Accordingly, the entire world will become honest and fair. This is our ultimate goal!

Want to know everything about us?
Read our Whitepaper

The SPARTA Whitepaper contains detailed information about our decentralized cryptocurrency. In this document you will learn about SPARTA’s mission, advantages, technical features details and our future plans. We recommend that you read the Whitepaper very carefully to gain an in-depth understanding of the SPARTA cryptocurrency.

The SPARTA Whitepaper: https://sparta.top/whitepaper.html

Promote SPARTA with our promotional materials

Created to build new and completely decentralized financial relations, SPARTA is the most convenient and safest cryptocurrency available to everyone. Like any other product, SPARTA needs to be advertised.

Information must be disseminated as extensively as possible to make people aware of SPARTA and the idea behind it, and to encourage them to widely adopt cryptocurrency.

Please review our promotional materials. We would be pleased if you would share them with your friends, acquaintances, and followers. Post them on your website, blog, social media, etc.

Marketing kit: https://sparta.top/SPARTA_MK.pdf
Brand book: https://sparta.top/SPARTA_Brandbook.pdf
Presentation: https://sparta.top/SPARTA_presentation.pdf
FAQ: https://sparta.top/SPARTA_faq.pdf
Branded products: https://sparta.top/SPARTA_branded.pdf

SPARTA key benefits in brief

1. Blockchain technology. The authenticity of any payment can be easily verified, and cryptocurrency cannot be forged or hacked. SPARTA is decentralized, so states and companies cannot influence operations inside the system.
2. Transfers to anywhere, any time. SPARTA transactions are performed 24/7. You decide when, to whom, and where to send the cryptocurrency.
3. Always the lowest fees. You pay minimum fees on SPARTA transactions. The initial transaction fee is 1 SPA. Unlike the fees for other cryptocurrencies, SPARTA fees are adjusted dynamically to remain as low as possible. The fee was introduced to protect against DDoS attacks.
4. Security. SPARTA prevents various network attacks, giving fraudsters no opportunity to act.
5. Convenience and accessibility for everyone. Anyone can use SPARTA. SPA can be easily exchanged for fiat money at any time through exchanges and exchange platforms.
6. Proof-of-Stake Technology. Instead of wasting enormous computing power, user account balances are used to ensure network security. Thus, conventional computers and laptops can support the network. There is no need to buy expensive equipment or pay huge electricity bills.
7. Worthwhile reward for SPARTA forging. You will receive the sum of all the fees on the transactions in a block. If certain conditions are satisfied, you are also guaranteed to receive a reward in the form of newly created SPA tokens. The size of this reward, which is initially 8,000 SPA per block, will change every 500,000 blocks.
8. Protection against inflation. In all, almost 9 billion coins will be created. Unlike fiat money and most cryptocurrencies, SPARTA is backed by a limited number of tokens and protected against inflation. All new SPA tokens will be mined in about 8 years.
9. High capacity, fast transactions. A new block is created on the SPA network every minute. SPARTA processes over 1,278,720 transactions per day, which means you can send money anywhere in the world quickly for a minimal fee. By comparison, Bitcoin supports a maximum of 300,000–400,000 transactions per day.

Money-making opportunity:
Investments

Just like other cryptocurrencies, SPARTA has its own exchange rate determined by the market. SPARTA is a state-of-the-art cryptocurrency with big plans for the future. It is more faster and more convenient than many other cryptocurrencies. That's why it is considered very promising and may become significantly more valuable.
 
You can make money by investing in 3 stages:
 
Buy SPA coins at the current exchange rate.
Wait for the exchange rate to rise.
Sell the SPA coins (or some of them) for more than you bought them for.
 
Experience has shown that long-term investments in cryptocurrencies are more profitable than short-term investments.
 
For example, consider the bitcoin exchange rate. If we look at the long term, the bitcoin exchange rate has grown continuously overall.
 
-        In 2009 and 2010, when bitcoin was brand new, it was worth a few cents. You could buy 1,309 BTC for 1 dollar.
-        In 2013, 1 BTC could buy 150 USD.
-        In mid-2016, it was worth 500 USD.
-        In January 2017, - more than 1000 USD.
-        In spring of 2017, - more than 2500 USD.
-        In summer of 2017, - 4500 USD.
-        At the beginning of 2018, - 10,000 USD.
 
No investments in real estate, precious metals, or company stock compare with these gains, which represent many thousand-fold returns. And the same thing has happened with other cryptocurrencies. Litecoin and Ethereum initially cost a few cents, but they are worth thousands times more now.
 
That's why if you buy SPA now, you will get the chance to sell them for hundreds times more after some time. You could even become a millionaire. You can currently buy SPA at a very favorable price. Take advantage of this opportunity!
 
Buy SPARTA at the links below:

-        Using BTC:    o/trading/SPABTC]https://sige[Suspicious link removed]o/trading/SPABTC
https://btc-alpha.com/exchange/SPA_BTC/
-        Using LTC:    o/trading/SPALTC]https://sige[Suspicious link removed]o/trading/SPALTC
-        Using USD:    https://btc-alpha.com/exchange/SPA_USD/
 
Besides the currency pairs mentioned above, you can buy SPA through the built-in exchanger on the official website at https://sparta.top/.
 
Information about the exchange rate and trading volume:
 
-        While everything else fell, the SPA exchange rate climbed higher. Since the announcement about the new stage in SPARTA's development (about a week ago), the exchange rate has nearly doubled (98% increase) to $0.00168 | 0.00000020 BTC.
-        The daily trading volume is also growing. It is currently $1,070,783.32 | 126.09021462 BTC | 630,451,073 SPA.

Forging (mining) and network security

Since cryptocurrency does not belong to any state, companies or banks, it is mined and its security is supported by users themselves through installation and running special software. The process of cryptocurrency mining and maintaining safe operation of the network is commonly referred to as mining, and those who are involved in this process are called miners. 

SPARTA uses Proof-of-Stake (PoS), so here this process is called PoS-mining, or forging. Mining and forging in essence are the same. The difference is that mining requires powerful computers while forging is not based on computer power, but on user account balances.

To support the operation of the SPARTA network, participants install and run special software, thus receiving a chance to create a new block on the SPARTA network. The probability of creating a new block is distributed among all network participants using a special formula that depends on their addresses balances. The more SPA tokens are in an account, the greater the chances of creating a block.

When a miner creates a block, he or she receives a reward. The reward consists of:

Fees on transactions within the block.
An additional reward of SPA tokens for creating the block.

The reward for forging depends on the number of coins in a user’s account:

If a miner has between 888 and 999,999 SPA (inclusive) in an account, he or she receives only the sum of the transaction fees.

If the miner has 1,000,000 SPA or more in an account, he or she is also awarded newly created SPA tokens.

Thus, miners in the first category support the network, but miners in the second category also help the cryptocurrency growth by investing at the initial stage. Accordingly, they receive more profits.To avoid centralization, each miner (balance of 1,000,000 SPA or more) has an equal chance of creating a new block.

You can find out how to make money on forging on our website: https://sparta.top/how-to-earn.html

Earning opportunities for anyone

A unique feature of decentralized cryptocurrencies is the opportunity to make money. They make it possible for you to earn several times more than at your normal job and support yourself for the rest of your life. SPARTA provides this very opportunity.
 
Your age, profession, and education do not matter. You do not need to study at a university, pass exams, or obtain licenses. You simply start making money. A computer and a good head on your shoulders are all you need.

You can find out how to make money with SPARTA on our website - https://sparta.top/how-to-earn.html

In our next posts we will tell you about earning opportunities in more detail.

Private and public keys

Each SPARTA user has 2 keys: a private key and a public key. What are these keys?

- Let's consider the private key. When you create a wallet, you automatically generate a secret mnemonic phrase, which is a set of several random unrelated words. For example, a mnemonic phrase might be "force silence flight coward silent peace party drink trust weary doom also". This phrase becomes both your username and password for the wallet. It is used to generated your private key, which is not visible to anyone. Roughly speaking, you can think of your mnemonic phrase as your private key in the SPARTA network. You must safeguard this phrase and never tell it to anyone. Anyone who knows your mnemonic phrase can spend your SPA.

- Now let's consider the public key. Your public key is your SPARTA address, which is used to receive transfers. Roughly speaking, this is like a bank card number. It's enough to receive coins in a wallet, but not enough to send coins to someone else. An address (public key) looks something like this: SPA1HpYNoLDcEsNhblwn

Anybody can create several wallets in the SPARTA network, which means that anyone can have several pairs of private and public keys

Technical special features and advantages of SPARTA

- SPARTA uses Proof-of-Stake technology. That means that supercomputers are not needed for "mining" and network security. Anyone with an ordinary computer can "mine" and use SPARTA.

- When you use SPARTA, you pay a minimum fee for transactions. The initial transaction fee is 1 SPA. However, unlike the fees for other cryptocurrencies, the SPARTA fee will vary dynamically to always be the lowest possible. The fee is needed only to protect the network from DDoS-attacks whereas Bitcoin transaction fees are paid to miners.

There are 888 transactions in 1 block.

A mnemonic seed (mnemonic phrase), a set of several unrelated words, is used to generate the address. For example,
force silence flight coward silent peace party drink trust weary doom also

The total number of tokens will be 8,888,888,888 (~ 9 bln).

Apella (APL) is the smallest fractional unit of the cryptocurrency, equal to one 100 millionth (0.00000001).

Blocks are generated once every minute

1 block per minute;
60 blocks per hour;
1,440 blocks per day;
10,080 blocks per week;
43,200 blocks per month;
525,600 blocks per year.

The network capacity is as follows:

14.7 transactions per second;
888 transactions per minute;
53,280 transactions per hour;
1,278,720 transactions per day;
8,951,040 transactions per week;
38,361,600 transactions per month;
466,732,800 transactions per year.

A minimum of 888 SPA is required to start forging. If the miner has between 888 and 999,999 SPA (inclusive) in an account, he receives only the sum of transaction fees — this is a node. If the miner has 1,000,000 SPA or more, he additionally receives newly created SPA tokens — this is a super node.

The block reward varies depending on the total number of the blocks created (elapsed time).

The cryptocurrency will continue to be issued until at least 2025.

For more information about technical characteristics of SPARTA see our Whitepaper.

Cryptocurrency vs banks.

Cryptocurrency is much more attractive than traditional bank transfers. Here are SPARTA's main advantages over banks:

● Inexpensive transactions. Our transfer fees are several times lower than bank transfer fees, and they do not depend on the transfer amount or the recipient's location. You can transfer digital money anywhere in the world to whoever you want for a minimal fee.

● Convenience. Unlike bank transfers, transactions involving SPARTA are executed round-the-clock, without any days off. You decide for yourself when, to whom, and where to send money.

● Protection against inflation. National currencies lose 1-20% of their value (sometimes more) each year. SPARTA is limited in supply (roughly 9 billion coins) and protected from inflation. The cryptocurrency has its own exchange rate, which is determined by the market.

● Protection against inflation. National currencies lose 1-20% of their value (sometimes more) each year. SPARTA is limited in supply (roughly 9 billion coins) and protected from inflation. The cryptocurrency has its own exchange rate, which is determined by the market.

So if you need to send money to someone in another country, you can do it quickly, without paying huge fees, and without filling out piles of forms.

You simply specify the wallet number and transfer amount, and press a button. The recipient gets the coins after 1 minute. Additionally, SPA can be easily traded at any time for fiat money or other cryptocurrencies on exchanges or P2P platforms, or with exchangers.

What is cryptocurrency in general and why are we offering SPARTA?
 
Cryptocurrency is digital money that relies on the principles of cryptography, the science of data encryption. Unlike dollars, euros and other fiat money, the state does not control the issuance of a cryptocurrency: no amount of it can be printed by order of the government. All cryptocurrency holders have equal rights. And these rights are secured by the holders themselves.
 
As a result, states, banks, and companies cannot affect operations within the system, exchange rates, etc. SPARTA is a completely decentralized network.
 
Cryptocurrency relies on a blockchain, an inseparable chain of data. Each transaction is written to blocks that are inseparably connected to each other. This is like a ledger that is available to everybody and cannot be changed. This means that it's easy to verify the authenticity of each payment, and the cryptocurrency cannot be counterfeited or hacked.
 
SPARTA uses the best features of other cryptocurrencies and at the same time mitigates their shortcomings. SPARTA is the most convenient, safe, and accessible cryptocurrency. It was created to build new financial relations that are entirely decentralized. Make the world a better place!
 
Exchange rate and trading volume:

• The price of SPARTA continues to rise. Since the last report, the rate increased by 8.33% to become $0.00108 (0.00000013 BTC).
• The daily trading volume is $714,162.33 | 85.65309503 BTC | 658,869,962 SPA on two exchanges.

Why is the cryptocurrency called SPARTA?

SPARTA is derived from two words: SPARk + TArget. SPARTA is a new spark in cryptocurrency world. We strive to personify progress, growth, and movement forward. The "target" (or goal) of our "spark" is to create new financial relations that are decentralized, honest, and fair.

The SPARTA cryptocurrency is also named after the eponymous city-state in ancient Greece. Sparta was the prototype of the ideal state described by the philosopher Plato. We've made SPARTA the simplest and easiest-to-understand cryptocurrency. Like its city-state namesake, SPARTA strives to be ideal, only in the world of cryptocurrencies.

Exchange rate and trading volume:
- After the publication of yesterday's news about the beginning of a new stage in SPARTA's development, the exchange rate increased by more than 20% to become $0,0012 (0.00000013 BTC).
- That same day, the trading volume reached more than $1,000,000 on 2 exchanges.

This is only the beginning of a journey—the first steps. There are still many heights and records ahead of us. Information about the exchange rate and trading volume will be published regularly.

SPARTA has entered a new stage of development!

Dear friends, we are pleased to announce that we have completed all work to stabilize the network. Now everything works quickly and without problems. Numerous tests have come to an end and the system has been fine-tuned, so we can confidently move on to the next stage.

At the moment we are building relationships with cryptocurrency stock exchanges and listings, working on advertising, developing useful improvements, and doing everything we can to promote SPARTA.

Soon we will appear on new platforms and in Coinmarketcap's listing. And many more interesting things are yet to come.

Check out our road map here: https://sparta.top/roadmap.html

Today SPARTA is already traded on 2 platforms in pairs with:
- BTC: o/trading/SPABTC]https://sige[Suspicious link removed]o/trading/SPABTC
https://btc-alpha.com/exchange/SPA_BTC/
- USD: https://btc-alpha.com/exchange/SPA_USD/
- LTC: o/trading/SPALTC]https://sige[Suspicious link removed]o/trading/SPALTC

The SPA exchange rate is currently fluctuating around $0.00086 USD, 0.00000009 BTC, and 0.00000452 LTC

Since we are starting a new stage and will be working hard to promote SPARTA, buying SPA now may be very profitable. With cryptocurrencies, as the product grows, the exchange rate also increases. So now is the time to buy SPA at a bargain price.

In addition to the aforementioned currency pairs on platforms, you can buy/sell SPA through the built-in exchanger on our official website. You can review everything about our cryptocurrency here: https://sparta.top/.

When launched, the forging application starts operating in the background on your device. The forging application with a simple and intuitive user interface will be available after the next update - in the very near future.

Hello. I created a purse and deposited a deposit on it to start forging. but I just can not start the application to start mining. Where is the startup file? Is your product not working?

An SPA airdrop is planned for December. The specific details and dates will be announced later.

why not create an airdrop so as to create awareness about the project.

You can find a detailed description of the SPARTA API at https://github.com/spartacore/sparta/wiki/The-SPARTA-API

Is there already a description of all API functions available or maybe a demo API accesible?

Check our website sparta.top for more info.