Topic: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable. - page 3. (Read 3424 times)

We’ll do all we can to make it work! SPARTA is the truly “environmentally friendly” cryptocurrency.

SPARTA is a completely different kind of coin, with all users truly equal. For instance, compare it with Waves:

• The Waves network is more complex while the reward for each block is smaller. Waves does not reward its users with newly generated coins. Therefore, forging SPARTA is less costly and more profitable.
• SPARTA uses the straightforward Proof-of-Stake technology whereas Waves uses the Leased Proof-of-Stake method which allows users to increase their chances of generating a block if they have a more powerful computer. In SPARTA, everyone has an equal chance of generating a block if they own at least 1 mln SPA.

For more details about SPARTA, see our web-site https://sparta.top/  and our Whitepaper https://sparta.top/whitepaper.html

Expert Opinion: Today's Cryptocurrencies Similar to 1980's Derivatives
 
Oki Matsumoto, Chief Executive Officer of Monex Group, Inc. — a large Japanese brokerage firm — believes that cryptocurrency prices may skyrocket, just as derivatives skyrocketed back in their time and became virtually omnipresent.
 
Just to remind you, a derivative is a derivative financial instrument, a contract that entitles or obliges parties to perform certain actions with regard to the underlying instrument.
 
In particular, Mr Matsumoto said that back in 1980's, when derivatives were just emerging, central banks virtually hated them, but adopted them fairly fast. Today's situation around cryptocurrencies is similar — sooner or later relevant regulations will be created, and cryptocurrencies will become a fully legitimate part of everyday life.
 
There's no arguing with progress
 
Mr Matsumoto also says that initially most people didn't understand derivatives, but in 5 years the latter were included in courses at the world's biggest institutes. The same could happen with cryptocurrencies.
 
We would add for ourselves that training in using cryptocurrencies at educational institutions is a wonderful idea. It would be a big help in the global distribution of cryptocurrencies. We really hope that such training will be offered in the near future. Right now, you can start learning about cryptocurrencies using SPARTA — it's an easy-to-use and convenient cryptocurrency anyone can figure out.
 
Join us and keep pace with the times!

This project is a powerful technological and information resource, which includes all the advantages of the blockchain system and is created for its free development and mass distribution. I wish you rapid development and success. Excellent people surround their selves with like minds. The team has shown that they have come to change the whole crypto sphere with outstanding features to solve humanity's problem. I can say only one thing! Don't miss the opportunity to become a part of an open minded community of this project! The project is based on modern technologies, developing a very promising direction. It is worth to join. Combining several innovative areas in one project should lead to its success. Perhaps this project will be one of the market leaders, it has everything you need for this.

SPARTA Protection Against Centralization
 
Any network user can support SPARTA operations and receive new coins as a reward if their balance exceeds 1,000,000 SPA. Besides, all users have equal chances of generating a new block, regardless of the value of their balance. This ensures protection against centralization. Let's review this issue in more detail using examples.
 
Cryptocurrencies using the PoW technology
 
The PoW technology used by many cryptocurrencies, including Bitcoin, does not rule out centralization. Miners with more powerful equipment have more chances of generating blocks. The more powerful the equipment is, the more often a miner can generate blocks. Whenever a few miners unite their hashrates into the so-called mining pool, their profit and influence experience a boost.
 
For instance, at this point the Bitcoin network is facing a situation when a few big mining pools could form a single pool and easily conspire to arrange a 51% attack on the network as their cumulative hashrate would exceed a half of the total network hashrate. This is a sign of centralization when the human factor could affect behavior of cryptocurrency on the market.
 
Therefore, a small group of big players could dictate its conditions to all the other players. There's nothing left but hoping for their decency. A mere possibility of this situation endangers the key Bitcoin principle initially formulated by the creator of the network, Satoshi Nakamoto — the principle of decentralization. 
 
Cryptocurrencies using the PoS technology
 
Almost all cryptocurrencies using the PoS technology offer an advantage to the nodes with a bigger balance when generating blocks. Assume a node has a balance of 2,000 coins while another node has a balance of 3,000 — the node with 3,000 coins on the balance will have a chance to generate a block more often. What if it's 100,000 coins? In this case nodes with a balance of 2,000 will almost never generate blocks while the node with 100,000 will generate block very often.
 
Therefore, nodes with a bigger  balance could come to dominate the market one day which is an obvious sign of centralization. What if they form pools? Wanting to gain an advantage, malicious users might deliberately accumulate a big balance for their nodes, unite with others and concentrate most coins in their hands, thus having a huge influence on the cryptocurrency market.
 
All nodes are equal in the SPARTA network!
 
Although SPARTA also uses the PoS technology, its algorithm is designed to even the odds of generating blocks for all nodes with a balance of at least 1,000,000 SPA. Even if a node has a balance of 200,000,000 SPA, it will generate blocks just as often as a node with a balance of 1,000,000 SPA.
 
This rule protects the SPARTA network against centralization — no one can artificially influence the distribution of coins and dominate the market. These conditions are truly fair and honest for all users that can become the foundation for the new financial relations between people. Join SPARTA and build these relations with us!

Stop Wasting Your Time — Mine SPARTA!
 
Forging (PoS-mining) SPARTA is an excellent way to make a passive income that will cost you no stress or worries.
 
You just need to deposit 1,000,000 SPA or more to your account, run the software and automatically generate new coins — that's it. SPARTA is forged in the background, i. e. it’s unnoticeable for you and others.
 
Mine SPA coins at any time!
 
You can mine coins at any time, whenever your computer is on. While you're doing some work on your computer, it can mine SPA. While you're socializing in the social media, your computer can mine SPA. While you're watching a movie online or playing a game, your computer can again mine SPA.
 
You can combine any activities on the computer with forging — it's not a problem at all. In essence, it monetizes your every action — you do what you need to do and earn a nice reward at the same time.
 
24/7 forging means more profit!
 
If you want to earn more, leave your computer on 24/7. If you have the chance to do it, use it to increase your profit. Join those who support network operations right now and start generating new coins — stop wasting your time!
 
For a detailed guideline on launching forging with screenshots, go to Bitcoin Talk:
https://bitcointalksearch.org/topic/m.38864337

What makes it so special? There are already PoS coins established such as Waves, NAV etc.

With each project, we are all waiting for the release of as powerful, secure tool as bitcoin, but without its monstrous, insane energy consumption and slowness. Maybe this project can do it?

 SPARTA  is a very great, amazing and reliable project. Every step is taken firmly. This project very well prepared and well planned. And the team seems to be energy efficient. Good luck, guysI'm waiting for more information about this coin, the concept and all the specifications, of course there must be an advantage in addition to the risks received, I hope this coin has a good progress for the development is also good, hopefully the launch will run well

The Sparta project looks really good! I can't wait for the moment when I will pay with SPA coins at the shops.

And why is this comparison necessary sparta and new? Does that give people anything? I personally like this project so far only the name of the project. Sparta is a really strong name for the project, the main thing now is to meet expectations.

Impressive whitepaper, and website.
What projects did you do before, and what were the achievements?

The project is developing an innovative direction. The idea is good, the team with experience, success is quite likely.

Some Statistics: Bitcoin Network Power Consumption
 
In one of our previous publications, we looked at the problem of environmental disaster caused by the PoW-mining “craze”. In this post, we'd like to give you some numbers regarding power consumption by Bitcoin — for illustration purposes and a fuller understanding of the scale of the problem.
 
The Bitcoin network is currently consuming 2.55 GW of electric power on a monthly basis!
 
It's a huge number, but it's not the limit. With each passing day, more and more users join the network, so the amount of power consumed grows respectively. According to experts, this number could surge by over three times in the near future — up to 7.67 GW.
 
For reference: all of Iceland consumes 3.1 GW per month, and Austria consumes 8.2 GW.
 
We will now compare the amount of power consumed by Bitcoin transactions and that consumed by the traditional payment systems.
 
Power consumption for a single Bitcoin transaction is 20 thousand times more than that for a single transaction in the Visa payment system which is a mere 0.01 kW (10 W). In other words, a single Bitcoin transaction requires 200 kW which is the same amount of power as consumed by a washing machine over 200 cycles.
 
As you can see, the Bitcoin network is really “glutton” for power, and its appetite will continue to grow. As we mentioned before, it could lead to an environmental disaster. But is it what people really want? Of course, not.
 
SPARTA doesn't require a lot of power
 
SPARTA is an easy-to-use and power saving cryptocurrency that does not harm the environment. All you need to support SPARTA network operations and earn a reward in the form of new coins is an old computer — with no extra power usage and related negative implications.
 
By selecting SPARTA, you opt for a clean environment and a brighter future for the planet. Join SPARTA right now and forge this future with your own hands!

Why is Buying SPARTA More Profitable Now?
 
Did you know that buying promising cryptocurrencies is more profitable during the first year after they're issued? Why? It's because later their price will predictably grow. We can review the example of TOP cryptocurrencies to make sure it's true.
 
Some time ago Bitcoin, Litecoin, Ethereum and other TOP cryptocurrencies were also fledgling cryptocurrencies with a low price. They were also quite promising thanks to their technical features and advantages which is why they have become highly popular. Since they first appeared on the market, these coins have shown a growth of hundreds, even thousands times!
 
SPARTA is a young and promising cryptocurrency with a bright future!
 
We're confident that SPARTA will replicate success of the TOP cryptocurrencies. Thanks to the team's hard work and ambitions, a number of technical advantages, simplicity, ease of use and profitability, SPARTA will become popular among millions of regular people.
 
However, while SPARTA is still at an early stage in its development, its price is still low. Now is the right time to buy the coins and hold onto them in expectation of the price growth. Now is also the most favorable point in time for engaging in forging. If you want to support network operations and get a reward in the form of new coins, you must have at least 1,000,000 SPA on your balance. With the current price, you won't spend much on buying this amount, but you will build a solid foundation for a comfortable life!
 
Join SPARTA now and build a secure future for yourself and your family!  Do not miss your chance!
 
Buy/Sell SPARTA https://sparta.top/exchange.html

SPARTA's Advantages as Compared to NEM
 
SPARTA features a number of advantages as compared to other cryptocurrencies some of which were already mentioned in our previous publications. Today, we'll tell you why SPARTA is better than NEM.
 
NEM in brief
 
The NEM cryptocurrency (abbreviated from New Economy Movement) was launched on March 31, 2015. It uses the Proof-of-Importance (PoI) algorithm that looks into the following account characteristics:

• balance;
• level of activity, i. e. the number of transactions completed by the account in the network;
• duration of account life in the network.

Below, you can find the main advantages of SPARTA over NEM

• Fees in the NEM network are always changing depending on the sender's and recipient's balances. The more coins you own, the more you have to pay. SPARTA features a low fee which does not depend on who you transfer coins to and how much you have on your account.
• NEM had a huge pre-mine volume — all 9 bln coins were generated this way. In SPARTA, emission is initiated by users who support network operations, receive a reward and develop the idea of decentralization.
• The NEM system increases fees for non-active users meaning that it forces you to always run transactions and doesn't allow for the simple accumulation of coins and generation of profit on investment. In SPARTA, each user chooses their own path without unwelcome pressure.
• The NEM network pays the reward for supporting network operations once a day. In SPARTA, you have a chance to get a reward every single minute.

Join SPARTA and build a new future with us now — your well-being is in your hands!

An excellent project is a very strong team, the realization at the height immediately feels the professionalism of the developers is very pleased and gives confidence

Japan to Start Teaching Cryptocurrency Literacy Classes for Seniors
 
The Japanese Cryptocurrency Support Center has prepared to launch a special course for seniors to help them learn about cryptocurrencies.
 
Seniors in Japan have taken a keen interest in digital money for two key reasons: they would like to provide for their children and grandchildren in the future and, naturally, to take care of their own old age. It also proves they have no second thoughts regarding the progress of cryptocurrency and its importance in the financial economics of the future.
 
What is the course about?
 
The course comprises two parts. In the first part, participants will learn the basics of cryptocurrencies and the simple transactions; in the second part, they will master cryptocurrency investment know-hows. There you go! Moreover, if a person is not computer literate, they will first be taught computer skills.
 
The Center's employees have mentioned they have already had online workshops related to cryptocurrencies and have seen a lot of seniors who are older than 80 take part in them. This is why they have decided to develop a special course for seniors that would feature extremely simple explanations that would be understandable for anyone.
 
Additionally, senior citizens will be taught other skills, too. They will learn to perform fundamental analysis using Twitter and technical analysis using Tradingview and Cryptopia. They will also master techniques to observe promising cryptocurrencies and to diversify crypto trader's investment portfolio.
 
SPARTA is all in favor of this groundbreaking idea!
 
The main purpose of SPARTA is creating new financial relations among people — truly honest and fair. This is why we are happy to support any initiatives that can make cryptocurrency more popular among regular people. This is why we have created an extremely easy-to-use and user-friendly web-site and have translated it into 20 languages. Using SPARTA, you can easily learn the basics of cryptocurrencies and keep up with the times.
 
Cryptocurrencies are a solid foundation for building a transparent financial system with no intermediaries and high fees. SPARTA is a part of this foundation!
 
Join SPARTA now and build a new financial system with us!
 
Buy/Sell SPARTA https://sparta.top/exchange.html

You guys have my 3 favorite words in the title – fast, simple, and reliable, that's exactly what I'm looking for. Gotta pay closer attention to this thread from now on, I see this as a great investment opportunity.

I think this is a promising project, but you should provide more information in your site. I'd feel much more comfortable to participate the program. Best regards.