Topic: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable. - page 2. (Read 3424 times)

SPARTA Meets Demands of All Cryptocurrency Traders and Investors
 
According to the latest research by the biggest South Korean crypto exchange Bithumb, 43% of crypto investors intend to make profit by sticking to the HODL strategy, i. e. the long-term investment strategy. This suggests that people increasingly recognize the prospects of the cryptocurrency market and believe in the inevitable progress of the digital money.
 
Bithumb representatives commented on the research: “Since developed countries continue to recognize cryptocurrency as an asset, the scale of long-term investments will grow further”. It was also noted that about 50% of long-term investors are older than 50. For reference: only a third of all 20-year-old investors choose the HODL strategy, with the rest of them leaning toward quick ways to make profit.
 
Overall, as we can see, investor preferences have split them up into two nearly even groups: a little less than a half (43%) prefer long-term investments while the rest chooses short-term investments and trading.
 
SPARTA cryptocurrency is an excellent option for both strategies
 
You can use SPARTA to both make a quick profit and adhere to the HODL strategy — with equal success. See for yourselves:

• SPARTA volatility is quite high at this point in time and can reach as much as 100% in a single day. It's a perfect opportunity to benefit from short-term trading.
• SPARTA is a young and promising cryptocurrency which will inevitably grow in price over time, and this growth could well be fast and significant. Therefore, the HODL strategy is a reasonable choice for those who prefer long-term investments.

Join SPARTA's traders and investors and make profit from cryptocurrency potential!

The World's Biggest Companies Looking into the Blockchain Technology
 
However much reactionaries resist social development and innovations, they cannot be taken back. Progress runs its course, and the Blockchain technology is becoming an integral part of modern life. The world's biggest companies have embraced it and have been actively exploring the possibilities of using this technology for business purposes. 
 
Which companies are these?
 
According to Forbes Global 2000, the three leaders of blockchain research are:

• Industrial and Commercial Bank of China (ICBC) — the biggest bank in the country and in the world owning an impressive $4.2 trillion in assets.
• The American holding company Berkshire Hathaway owned by one of the world's wealthiest investors Warren Buffett. The company's equity capital exceeds $348 bln.
• The computer giant Apple which is a group corporation with an iconic reputation in the area of consumer electronics. It's the world's leader in terms of market capitalization which amounted to $850 bln in autumn last year.

The blockchain technology offers endless possibilities and could change and improve the entire range of human activities. It's completely true for the financial sector which is far from perfection at present.
 
The blockchain technology will streamline the financial system and make its operations fast and completely safe. It will eliminate all intermediaries and make financial relations transparent and fair for all.
 
SPARTA is based on the blockchain technology and is a wonderful alternative to the traditional payment systems, including banks. Use SPARTA and join us in building new financial relations — easy and truly honest!
 
Buy/Sell SPARTA https://sparta.top/exchange.html

Low Price and High Potential for Use as Characteristics of a Promising Cryptocurrency
 
In these recent years, no asset has generated as much profit for the investors as cryptocurrencies, Bitcoin in particular. Those who have put their trust in it in 2009 by buying at least a small amount has today become a wealthy person. Moreover, the crypto enthusiasts who bought the coins in bulk quantities are now multimillionaires. The reason behind this was their absolute confidence in the progress of cryptocurrencies and their trust in the crypto revolution.
 
Today, the cryptocurrency market has grown a great deal: there's a lot of fledgling coins and even more fledgling (inexperienced) investors. Naturally, it's becoming more and more difficult to figure out which coin is worth investing in, in order not to lose?
 
Below we're going to cite 2 tips from experienced crypto investors that will allow newbies to find their way in the existing vast variety.
 
Low price
 
If you want to earn good money on fledgling cryptocurrencies, choose those that cost less than $1. Why? It's because they have a lot more potential for growth. This is an excellent investment option for beginners who operate in small amounts.
 
However, in this strategy it's important to distribute your investments between multiple young coins — as a way of insurance, since the price of coins rises at a different rate: some grow regularly and slowly, others stay at the same level for a long while, but then skyrocket. Therefore, portfolio diversification can help you make a maximum sustainable profit from your investments.
 
Experience of the cryptocurrency world has proven that multifold growth is more of a rule than an exception for promising fledgling currencies.
 
Potential for use — coin effectiveness
 
Does it mean you have to buy one and all inexpensive young coins? Of course, not. There's a lot of emerging coins today, but it doesn't mean all of them have an equally high potential. Therefore, before you buy a coin, you need to look at the second characteristic of a promising currency, in addition to the low price, i. e. potential for use.
 
Buying coins for coins' sake, even if the price is really low, is not about accounting for its high potential. There must be a strong indication of a young cryptocurrency being able to add some value to the community. Thus, before you buy a cryptocurrency, you're recommended to thoroughly study its web-site and Whitepaper, i. e. the document that represents the team's ideology, technical features and other important details.
 
Using these two characteristics, you're bound to make the right choice.
 
As for SPARTA, it has both characteristics.
 
The price of SPARTA is currently low and leaves plenty of space for multifold growth — and SPARTA has demonstrated such growth three times which is also an indication of what it can achieve in the future.
 
SPARTA's potential for use can be seen with the naked eye. SPARTA is an easy-to-use, fast and reliable network for transfers to anywhere in the world, with no intermediaries and minimum fees + accessible, honest and high-quality support of network operations with an attractive reward and no harm for the environment. Our team's major goal is building new financial relations — truly fair and honest!
 
Join SPARTA now — provide for yourself via investment and build new financial relations with us!
 
Buy/Sell SPARTA https://sparta.top/exchange.html

Sparta project looks very good and rosy scheme to attract investors, similar as you mentioned above but no team, who's behind the project and how a common person can trust this project, do you guys have any kind of certification, registration or registered office so that people can confirm Sparta is a genuine project not like many other ponzi schemes in crypto space.

Blockchain Technology Holding Keys for the Future, with Cryptocurrencies Being Useless? This View is Fundamentally Wrong!
 
Lately, the mass media have often published opinions by various “experts” saying something like “Blockchain is a technology with huge potential while cryptocurrencies are totally useless”.

We — and millions of other cryptocurrency enthusiasts — disagree and believe this opinion is fundamentally wrong!
 
Cryptocurrency is an important and now integral part of progress
 
The main idea behind cryptocurrency is creating a fair and transparent financial system with participants with equal rights and no need to trust third parties. It's not because all third parties are conmen — even though this is also a major problem today — it's mostly because without them the process is a lot cheaper and more efficient.
 
We gradually move towards omnipresent robotic automation which means that sooner or later AI will completely replace humans in the workplace. This is when a cryptocurrency-based financial system — decentralized, based on P2P protocols — comes into play. The old financial system will become completely obsolete — it'll be like a closed door on the path of those who take a running jump. It'll slow down automated operations and hamper further progress.
 
Cryptocurrency is the basis of a new financial system
 
Cryptocurrency will become (has already become, actually) the foundation for new financial relations. It'll scrap the unnecessary red tape eliminating the need for additional proof of identity when running transactions. SMS and 2FA codes, passwords sent by e-mail and other protection methods used today to authorize users in the payment systems or make money transfers will become completely useless.
 
Decentralization is not just about servers dotted around the world — it's primarily about equal conditions for all system users. Cryptocurrency is not just about anonymity — it's primarily about fast and efficient reciprocal payments based on automation. Blockchain is not just about limitless prospects for the future — it's the new reality in our own day.
 
SPARTA is a part of new reality
 
SPARTA is a promising cryptocurrency that offers profitable conditions for its users — a lot more profitable than most other cryptocurrencies, including the top cryptocurrencies. It's a wonderful opportunity to build new financial relations for all people — truly fair and honest. Join SPARTA now and build new financial relations with us!

Latest Software for Nodes to Consolidate SPARTA Community and Accelerate Its Development!

Forging in SPARTA is not just an opportunity to make a sustainable passive income, but also a long stride towards fast development and consolidation of users which is even more important!
 
SPARTA will unite people around the globe!
 
Anyone from anywhere in the world can join in supporting SPARTA operations. SPARTA has no limits — people can and will create nodes all around the globe, thus promoting the network. They're already doing it — the network is growing under our eyes, with more and more nodes emerging in various countries.
 
Over time, SPARTA will become a global payment system with millions of nodes all over the globe and will become a foundation for new financial relations between people — truly honest and fair.
 
It will be a new generation of financial relations — they will be completely decentralized, transparent, with no intermediaries, most convenient for users. This is the ultimate goal for the SPARTA cryptocurrency!
 
Join us right now, launch a node and build new financial relations globally with your own hands! Your future is in your own hands! 

Detailed guideline on launching a node with screenshots on Bitcoin Talk:
https://bitcointalksearch.org/topic/m.38864337

Why Did the US Securities and Exchange Commission (SEC) Launch a Scam?
 
A short while ago, the US Securities and Exchange Commission (SEC) launched a scam. You must have thought it was perpetrated by conmen who hacked their server and web-site. No. It was the Commission's own doing — and it was done deliberately.
 
SEC had a purpose of teaching users how to make smart investments
 
A bogus ICO named HoweyCoin was set up specifically to teach inexperienced investors to look for scam signs in projects offering people to invest money in ICO. Fraudsters are no fools; on the contrary, they're very smart. They can sometimes make even experienced investors “swallow the bait” which is why SEC made a decision to launch such an unusual “educational initiative” — completely practice-oriented.
 
Smart fraudsters can disguise very well
 
At first sight, HoweyCoin looks like a decent touristic project with an educational web-site than tells you in detail about ICO advantages, represents statistical market data, features a white paper, team information, reviews, etc.
 
In other words, this web-site has all the information you could find for an honest project. This is why many investors have taken it at its face value and decided to buy tokens, but...
 
Attention! This is a scam!
 
When trying to buy tokens, potential HoweyCoin investors are forwarded to a warning page saying the project is a scam. It also lists the signs that could give it away. These include:

• promises of guaranteed returns;
• involvement of stars in the project;
• statement about tokens to be traded on a SEC-approved exchange;
• capability to buy tokens using a credit card;
• pre-ICO that will most likely end with pump&dump.

All of the above are signs of scam since honest project will never offer such conditions to users.
 
Owen Donley, Chief Counsel of the SEC’s Office of Investor Education and Advocacy, says that fraudsters can quickly build an attractive website and load it up with believable details to lure investors. But any of these sites will always have “red flags” that can immediately give away scam if you know what to look for.
 
Therefore, be cautious whenever you invest in various ICO's. Most of them are unfortunately scams. On a side note, the SPARTA web-site has no signs of a scam project — our cryptocurrency is an honest project which has a purpose of building new financial relations between people in the entire world, rather than making its developers rich via swindling gullible users.
 
Therefore, you can easily join SPARTA and help us build a fair financial system — together, we can do it a lot faster and more efficient!

SPARTA Protection Against 51% Attack
 
SPARTA is protected against the 51% attack by its technical features and the Proof-of-Stake (PoS) algorithm. Let's try to get things straight.
 
What is the 51% attack and why is it dangerous?
 
The 51% attack is only possible if a miner or a group of conspiring miners controls 51% or more of the network's computing power (hashrate).
 
In this situation, malicious miners may run a con in order to make profit. They could control the network at their discretion: adding fraudulent blocks to the blockchain, confirm bogus transactions and reject honest ones, make the same transfer multiple times by reclaiming coins immediately after the transaction.
 
Can this happen? Has it actually happened before?
 
Yes, the 51% attack is not just a theory — it's a reality of the cryptocurrency world. With cryptocurrencies that use the Proof-of-Work (PoW) algorithm, the chance of generating a new block and receiving a reward in the form of new coins depends on the miners' hashrate — the higher it is, the more chances they have. This is why many miners unite to make up the so-called mining pools — they pool their hashrates together and increase the odds of generating new blocks.
 
This is the factor that makes the 51% attack real. Here are some real examples:

• In July 2014, the mining pool Ghash.io took possession of 55% of Bitcoin's hashrate and was able to run the attack. However, miners demonstrated honesty and loyalty to Bitcoin — they voluntarily reduced their respective hashrates and undertook to control these values and limit them to 40% at the most.
• In August 2016, blockchains of Ethereum-based cryptocurrencies Krypton and Shift suffered the 51% attack. Fraudsters ran a double spending transaction with these cryptocurrencies on the Bittrex exchange and stole about 22,000 coins from both networks.

The truth is there have been a lot more practical examples.
 
SPARTA is protected against the 51% attack by PoS and equal chances for nodes that own 1 mln coins
 
In SPARTA, network support is not dependent on the miners' hashrates — you can easily use a regular computer. This is why users cannot pool their hashrates to increase the odds of generating a block. The block-generating user is determined using a special formula, and chances of generating a block depend on the amount of coins on the user's account.
 
What is a user has a thousand times more coins than anyone else? Will this user generate blocks all the time which will enable them to run the 51% attack? It's a reasonable question that is relevant for other coins that also use the Proof-of-Stake technology. However, in SPARTA any network user with a balance of at least 1,000,000 SPA has equal chances of generating a new block and receiving new coins as a reward. In other words, chances of generating a block are equal for a node with 1 mln coins and for a node with 20 mln or even 2 bln coins — it makes no difference.
 
Under such conditions, a possibility of a 51% attack is ruled out by default since pooling of miners' balances does not increase the odds of receiving a reward, so it just doesn't make any sense to create pools.
 
SPARTA is an easy-to-use, fast and safe cryptocurrency with real decentralization. Join the SPARTA network to see its advantages for yourselves!

Advantages of SPARTA Over NXT
 
Some time ago we told you about SPARTA's advantages over Bitcoin and Litecoin. Today, let's talk about its advantages over NXT.
 
NXT is a cryptocurrency that uses the Proof-Of-Stake (PoS) technology. SPARTA is similar to NXT, but it's more refined, thus having a range of advantages. These include:

• SPARTA network is faster. A fully secure transfer takes less time. In NXT, it's 14 minutes against 10 minutes in SPARTA. Generation of each block in the SPARTA network is on average 20 seconds faster.
• Reward for PoS-mining (forging). SPARTA offers a forging reward in the form of newly generated coins while the NXT network does not feature forging in principle — 1 bln coins was issued in the first transaction, and no other issues are scheduled for the future. NXT offers rewards for transactions only. At the initial stage, a miner in the SPARTA network has a chance to earn 8,000 SPA per minute, but this amount will be reduced over time. By contrast, NXT does not pay rewards in new coins in principle. 

You should agree that these advantages are significant since users find it important to save time, and no one would reject a decent reward for supporting network operations.
 
Therefore, join SPARTA right now if you're not yet a member, and ensure affluence and comfort for yourself!

Steve Wozniak: Blockchain and Cryptocurrencies to Unleash Their Potential Soon
 
Co-founder of Apple, inventor and experienced programmer Steve Wozniak recently said that the blockchain technology and cryptocurrencies were going to unleash their potential over the next decade.
 
You must admit that an internationally renowned IT expert wouldn't waste his breath — his opinion can and must be listened to.
 
It's not the first time Mr Wozniak has positively spoken of blockchain and cryptocurrencies
 
In October last year, at the Money 20/20 conference in Las Vegas he also said Bitcoin was better than gold and the US dollar. In his opinion, limited issuance is the key advantage of digital money while fiat money can be printed on orders of the government at any time and in any amount.
 
Steve Wozniak also said that analysis of the history of money reveals that money has never been a universal tool, unlike, for instance, wireless communications. Cryptocurrencies will also become a global and universal tool since they cannot be controlled by the government and develop independently while also having multiple advantages over conventional money.
 
SPARTA is now prepared to become this universal financial tool — an easy-to-use, fast and reliable system with no intermediaries and no boundaries. Join SPARTA and build a new financial system — truly fair and honest — with us!

The name isn't that important unless it is a strong first mover brand like the name "bitcoin". Bitcoin benefits from its brand a lot while that is much less the case for other coins.

Watch SPARTA Video Available in 20 Languages!
 
We care for each one of our users which is why we have translated our web-site and promotional materials, including a video about the SPARTA cryptocurrency, into 20 languages. You can watch it in your native tongue to understand all details.
 
Information in your native tongue is easy to understand and remember, so watch the video to get an idea about our cryptocurrency. It's perfect for all newbies, even if they know nothing about the world of cryptocurrencies.
 
What is the video about?

• SPARTA cryptocurrency and its purpose;
• Blockchain technology that ensures network safety and reliability;
• SPARTA's advantages over banks with graphic examples;
• Ways to support SPARTA operations, forging and its advantages over mining;
• Threes ways to make money with SPARTA.

The video is available on the right side of the home page of our web-site https://sparta.top/. To watch the video in the language you want, select it in the top right corner of the page. To navigate to YouTube to watch the video, click “Play” first and then click the “YouTube” icon in the video box.
 
Or you can just click the following link (English version) — https://www.youtube.com/watch?v=CbnVA71vCig
 
Have fun watching the news!

What base blockchain technologi of SPARTA ?

I like that the goal of this project is to start a new stage in the evolution of cryptocurrencies. SPARTA will allow the technology of crypto currency to more easily and quickly become a part of our life in order to create new financial relations that are decentralized, honest and fair.

SPARTA's Goal is Building Fair Financial Relations
 
SPARTA is a cryptocurrency that intends to radically change the existing financial relations, make them fair and honest for regular people.
 
The current financial model is controlled by banks and financial corporations that act as intermediaries during monetary transactions and dictate their conditions. They try to demonstrate in every possible way that they don't depend on people — people depend on them, even though it's the opposite.
 
It's time to get rid of intermediaries and high fees!
 
Cryptocurrencies have enabled people to make direct monetary transactions — with no intermediaries. SPARTA is a cutting-edge payment system that allows you to make fast and secure transfers to anywhere in the world at any time with minimal fees.
 
As you use SPARTA, you're building new financial relations between people — fair, honest and transparent. SPARTA has ruled out the need for the services of intermediaries — you don't need to pay huge fees for making transfers.
 
Fees in other payment systems are especially high if you transfer a large amount or the recipient is located in another, remote country — the more remote it is, the more you have to pay for the transfer. 
 
In SPARTA, fees do not depend on the amount or remoteness of the recipient in any way — they're always as minimal as possible, since it's not a way to make money at the expense of users, but a way to protect the network from malicious actions. SPARTA is an alternative for those who want to stop wasting their money on paying to intermediaries.
 
We're persistent in pursuing our ideology — it's our ultimate goal! We stand for the fair financial relations between people — join us to build such relations with us!

Mining New SPARTA Coins is Easy and Profitable!
 
The SPARTA cryptocurrency is based on the Proof-of-Stake (PoS) algorithm. Therefore, even an old and slow computer will suffice for supporting the network and generating new coins as a reward.
 
The PoS algorithm is much more convenient and profitable for mining purposes than the Proof-of-Work (PoW) algorithm. Here's why:

• You don't need to buy expensive equipment;
• You don't need to rent a garage for a mining farm;
• You don't need to engage in a “power race” with other miners and continuously boost your equipment's capabilities;
• You don't need to worry about your equipment being damaged or stolen;
• You don't need to pay huge electricity bills and have issues with the electrical services.

You just need a regular computer or laptop and a balance of at least 1,000,000 SPA which is so much less than the cost of buying expensive ASIC's and continuously upgrading them.
 
Moreover, it'll be good for your nerves since you won't have to worry about anything. You will probably agree it's important.
 
Mining SPARTA is easy!
 
A new user-friendly web-application allows you to rapidly launch a node and start generating a robust profit right away. The network is fast, with a new block generated each minute, which means you and the other network users  have a chance to earn a reward every other minute!
 
Please, remember that you need to complete an outgoing transaction for a node to start forging. You need to do this for the SPARTA network to register your node. The value of the transaction may be random, but after it's completed you should still have at least 1,000,000 SPA on your account. 
 
Please, remember to do the following to start forging:
 
1. Fill up your wallet and run any outgoing transaction (you can send funds to your second wallet). https://wallet.sparta.top.  Wait 24 hours until your transaction receives 1,440 confirmations.
 
2. Download and run the released application: https://github.com/spartacore/sparta/releases/download/v1.0.1/sparta-1.0.1.jar (you must have Java version 8 or higher)
 
3. Navigate to http://127.0.0.1:8080 in your browser, wait until the blockchain is downloaded, enter your mnemonic phrase and click “Start”.
 
Detailed guideline with screenshots on Bitcoin Talk:
https://bitcointalksearch.org/topic/m.38864337
 
Run the application to forge SPARTA now and start mining new coins along with other network users! Make money for a happy future!

Key SPARTA Advantages Over Bitcoin and Litecoin
 
SPARTA is a promising new generation cryptocurrency that excels over popular coins by multiple parameters. Among other things, SPARTA has clear advantages over the first-ever cryptocurrency — Bitcoin — and its second fork — Litecoin. Let's briefly review the key advantages.
 
Why is SPARTA better than Bitcoin?

• In the SPARTA network, transactions are validated once a minute which is 10 times faster than in the Bitcoin network. A fully secure transfer takes 10 minutes (10 confirmations) while in Bitcoin it's about 30–60 minutes (3–6 confirmations).
• The SPARTA network fee is less than 1 cent regardless of the transaction amount; additionally, it changes dynamically and will always remain minimal, even when the coin price has risen a lot. In the Bitcoin network, fees may amount to dozens of dollars. Moreover, if the mempool is overloaded, users have to raise the fees further to speed up processing of their transactions. 
• Bitcoin mining requires powerful and expensive computing equipment + high electricity costs. You can mine (forge) SPARTA using a regular laptop, with no excessive power costs. 
• Bitcoin bears risks of centralization and 51% attacks. It may happen at any time, for instance, if big powerful mining pools are united. SPARTA has ruled out 51% attacks. Centralization is also out of the question since anyone owning over a million SPA has an equal chance of generating a block.

Why is SPARTA better than Litecoin?
 
Litecoin is a lot like Bitcoin, except it's a little faster and cheaper, but it's not faster and cheaper than SPARTA. Therefore, the key advantages are the same.
 
The rate of block generation in SPARTA is 2.5 times higher. A fully secure transfer takes 10 instead of 15 minutes in Litecoin. The fee is a hundred times lower.
 
As you can see, SPARTA's advantages over these two popular cryptocurrencies are obvious. SPARTA deserves attention on the part of investors, traders and regular people who need a simple, fast and secure payment system with no intermediaries and high fees. SPARTA is good for anyone! Join us and change your life for the better!
 
Buy/Sell SPARTA https://sparta.top/exchange.html

Subscribe to SPARTA in Social Media — We Offer Lots of Interesting and Useful Content!
 
SPARTA does not only have a convenient web-site with complete information about the coin — we also offer continuously updated content on our pages in the social media.
 
We appreciate and respect our users — consequently, we regularly publish interesting posts that are useful for anyone: fledgling traders and experienced gurus, or regular people who would like to learn more about cryptocurrencies and the blockchain technology.
 
We also publish posts about our ideology that reflect our view on the existing financial system and the need to change it globally.
 
We're confident that our views are similar to those of most people. We invite you to subscribe to our accounts and read our posts — it's interesting and useful for anyone!
 
Subscribe right now and follow us in the social media:
 
Facebook — https://www.facebook.com/Sparta-Simple-Fast-Reliable-144359956205380/
Twitter — https://twitter.com/SPARTA_core
Telegram — https://t.me/SPARTAcore
Medium — https://medium.com/@SPARTAcore
Instagram — https://www.instagram.com/sparta.top/

Thank you! We’re happy to know you like it. We’re pleased to be at your service.

As far as previous projects are concerned… We don’t want to advertise specific names, but apart from SPARTA our team has worked on 4 powerful projects, with one project involving as many as dozens of millions of active users.

We’re confident that we’ll see a bright future with SPARTA, too!

Please, review our website https://sparta.top/ and Whitepaper https://sparta.top/whitepaper.html for further details.

SPARTA is a very useful and honest cryptocurrency.