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Topic: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable. - page 4. (Read 3424 times)

member
Activity: 294
Merit: 11
I expect this idea go up well and ideally! Excellence logo, aware project, riveting project.
newbie
Activity: 163
Merit: 0
Environmental Issues: Why PoW Mining is Environmentally Destructive?
 
You probably know that mining Bitcoin and other cryptocurrencies using the PoW (Proof-of-Work) algorithm requires a great deal of electricity. However, it's a big mistake to think that the problem only lies with huge electricity bills. It's more global that you could imagine, and it's not an exaggeration — it's a world-wide environmental concern.
 
CHP plants emit more and more carbon dioxide
 
So, PoW mining requires a lot of energy. Where does it come from? It's generated by power plants — nuclear, water or heat power plants.
 
Combined heat and power plants (CHP plants) are the main producers of power. Overall, they account for about ⅔ of power generation in the world. Despite availability of alternative energy sources, experts predict that in the coming decades CHP plants will remain leaders in this domain.
 
CHP plants produce energy using natural fuels: coal, natural gas, fuel oil, etc. When these materials are processed, carbon dioxide, CO₂, is emitted into the atmosphere causing a great damage to the environment.
 
Accumulation of carbon dioxide in the air does not only pollute the environment, but also contributes to the greenhouse effect which heats the planet up. According to research, the amount of carbon dioxide in the atmosphere grows by 4 gigatons (!) annually.
 
Heavy consumption of electric power is fraught with calamities for all the Earth's inhabitants
 
PoW mining has lately exacerbated the issue of carbon dioxide accumulation since the more power is consumed, the more power is generated. It also means more emissions of CO₂ into the atmosphere. Scientists have a hard time finding a solution to this vital issue, and mining is not helping.
 
It's frightful to think of what could happen next if large mining corporations and private miners don't start pondering over this issue and looking for ways out.
 
Meanwhile, one of the ways out has already been found — it's PoS mining
 
PoS mining (forging) used by SPARTA does not require a lot of energy — one could support network operations and get new coins as a reward even if their computer is not that powerful.
 
Accordingly, it will not consume a lot of electricity and will not exacerbate the environmental disaster on the planet. Think about it — who needs money if the planet suddenly dies and no one is left behind? Right, no one does. We urge you to make money the right way — with no harm to the environment and, hence, for yourselves.
 
Swap PoW mining for forging and live a happy life!
newbie
Activity: 163
Merit: 0
Maintain Reasonable Negativity to Protect Your Funds
 
The term “reasonable negativity” means the ability to talk about cryptocurrency to promote it without disclosing your personal information, i. e. without talking about your personal cryptocurrency savings and disclosing exchanges you store them on.
 
For instance, don't talk about having 20,000,000 SPA and storing them in a wallet on a particular exchange in the social media. After all, you don't know who will read your post and what's on their mind. Therefore, remain vigilant and don't disclose excessive information about yourself. Remember that it's safest to store your coins in the personal wallet at https://wallet.sparta.top/
 
Generally speaking, caution should also be exercised when talking about any financial issues, not only cryptocurrency savings. What could happen, specifically? Someone could “hook you up”, then hack your account, steal from you or otherwise come to possess your sensitive information.
 
The Internet is full of such stories — see for yourself. Therefore, do not flash your capitals or disclose its storage — never, nowhere and to no one: neither online, nor in real life, not even to your best friends. Keep this information to yourself, and your money will remain safe.
 
We wish you successful trading and investment!
newbie
Activity: 163
Merit: 0
What is Cryptocurrency Listing and What’s Its Significance?
 
Listing of a cryptocurrency is a procedure of adding a coin/token to a particular cryptocurrency exchange for trading purposes.
 
Authoritative exchanges with a strong reputation will carefully evaluate the applying project against a number of requirements before agreeing to add cryptocurrency to their listing. If these requirements are not satisfied, no listing will happen.
 
Exchanges often require a certain fee to be paid for listing the coin which sometimes turns out to be too expensive for the developing team. This is why fledgling coins may find it hard to get to well-known exchanges even if they have a lot of potential.
 
Listing affects the price of cryptocurrencies. As a rule, when a coin is listed on an exchange, especially a large one, it has a positive effect on its development. This news is perceived by most crypto traders as a positive sign, and demand for the coin starts to grow. Accordingly, the price also rises.
 
SPARTA intends to get included in listings on multiple exchanges and platforms
 
SPARTA is a young promising currency with a huge potential which will certainly be duly appreciated by a lot of authoritative exchanges. We plan to get included in listings on multiple cryptocurrency exchanges and P2P platforms. We're currently negotiating with some of them and are confident of a positive outcome.
 
However, it takes time since, as mentioned above, fledgling coins find it quite hard to enter the market these days. But we'll definitely succeed — it could not have been otherwise. SPARTA isn't just an innovative cryptocurrency — it's a whole ideology aiming to build new financial relations between people — truly fair and honest. It's easy to use, convenient, safe and efficient meaning it deserves to be introduced to the world for people to start using it on a massive scale.
 
Join SPARTA now if you haven't done so yet, and build a new future with us — for yourselves and all the people on the planet! New exchanges coming up soon!
member
Activity: 308
Merit: 10
In my opinion this is the first project in this direction which will facilitate development due to the lack of a large number of competitors. I will observe the development.
newbie
Activity: 196
Merit: 0
I like your purpose of gaining independence from banks and believe that it would be really a new stage in the evolution of cryptocurrencies. That is why I participated in your project
newbie
Activity: 163
Merit: 0
Why was SPARTA project translated into 20 languages?
 
The SPARTA cryptocurrency intends to change the existing financial system – to make it honest and fair for anyone. For this reason, SPARTA wants to unite people from across the globe.
 
This is why the SPARTA website is translated into 20 languages – to make the information about the cryptocurrency available to people in different parts of the world as reading in your local language is always a lot faster and more convenient.
 
SPARTA is making ambitious plans on further development.
 
SPARTA is not just a cryptocurrency which allows you to make profit.  SPARTA is an efficient tool for creating new financial relations among people. A fast, simple and reliable network for making transfers with no intermediaries and with minimum fees is a good alternative to the traditional banking system.
 
By using SPARTA, you can send any amount to a person in another country instantly –  in one minute, the recipient receives your transfer. This is the real innovation in the payment and transfer system – fast, simple, reliable.
 
In time, people will recognize SPARTA cryptocurrency’s advantages over conventional money and will begin to use it widely. As a result, financial relations in society will change radically and become honest and fair. In order that anyone can easily join our community, we translated the project into 20 languages.
 
So, choose your language and find out about SPARTA in the most convenient for you way.
newbie
Activity: 10
Merit: 0
When do you plan on listing on coinmarketcap.com?
brand new
Activity: 0
Merit: 0
Интересный проект, буду участвовать.
newbie
Activity: 163
Merit: 0
SPARTA brings people together from all over the world
 
SPARTA's ultimate goal is to build decentralized financial relations that are honest and fair.
 
We do not distinguish people by social, national, state, religious, political and gender distinctions.  SPARTA is decentralized – all its members have equal rights with no monopoly and hierarchy. With this system of relations, people more confident in general, and above all, more confident in their capabilities.
 
SPARTA is a future with no boundaries for anyone.
 
Nowadays, people have to pay huge fees charged by banks for their services. Although banks are just intermediaries between people and cash in on their customers, they impose their rules on us. This is a blatant injustice! Instead of spending money on huge commissions, millions of their customers could save it to spend on something useful.
 
SPARTA and other cryptocurrencies will fundamentally change financial relations.
 
SPARTA will make financial relationships honest and fair and will also unite people from all over the world. Already now, you can send any amount to a person in another country, you can do it quickly, without paying huge fees and filling out a bunch of documents. Such terms can really unite people – they make people closer and united, give them independence which is important for anyone.
 
Being free from oppression by banks which means being free from financial slavery, people could improve their life by spending every penny on their needs: they would take care of themselves, and their children, invest in their business or get involved in charity – there's a whole bunch of options how to spend money. This is the only true and fair way
 
So join us in developing SPARTA and build your independent financial future – the faster we will do it, the better for us!
newbie
Activity: 163
Merit: 0
So will it be a P2P currency? In relation to the wallet, will only be available that is available on the sparta website ie just web?

SPARTA is a p2p cryptocurrency. You can send SPARTA to a person anywhere in the world with no intermediaries. As for SPARTA wallets,  in addition to the web wallet, in the future, we will develop a desktop wallet and a wallet for mobile devices which will support all operating systems.
sr. member
Activity: 602
Merit: 250
So will it be a P2P currency? In relation to the wallet, will only be available that is available on the sparta website ie just web?
newbie
Activity: 3
Merit: 0
This is a very good project! Coguratulations.
newbie
Activity: 163
Merit: 0
finally forging is working....thanks a lot...hope to see back this coin over 10 sat...

That's great! We are happy for you, have a nice forging!
newbie
Activity: 163
Merit: 0
SPARTA Wallet vs Bank Account
 
SPARTA has clear advantages over the traditional financial system. One of the major benefits is no need for filling out documents which takes a lot of time and nerves.
 
Let's compare the process of creating an account in the SPARTA network and that in any bank.
 
To open and start using a bank account, you need to:
  • Visit the bank branch;
  • Wait in the line to be consulted by a manager;
  • Provide your personal information and agree to it to be processed;
  • Receive approval from the bank
  • Read the agreement carefully and agree to the terms;
  • Regularly pay an account maintenance fee;
  • Update your personal data within the period specified by the bank;
  • When operating your funds, comply with the restrictions established by the bank;

On average, it takes you 2-3 hours of your free time to open a bank account. Additionally, you have to regularly visit the bank for the update of your personal information and follow the rules and regulations specified by the bank.
 
To create and use a SPARTA wallet, you need to:
  • Navigate to the web-page https://wallet.sparta.top/,
  • Click on "Create a wallet" button,
  • Select “Encryption level”, click “Generate” and note down the mnemonic phrase generated.
   
 
The procedure of the wallet creation is completed. It takes you less than one minute. You don't have to provide anyone with your personal information and observe any restrictions - you are your own boss.
 
As you can see, in this regard, SPARTA has obvious advantages over banks. Start using SPARTA and make sure how simple and easy it is.
jr. member
Activity: 198
Merit: 1
finally forging is working....thanks a lot...hope to see back this coin over 10 sat...
newbie
Activity: 5
Merit: 0
A very good coin, now at the very bottom, a megapump begins !!!
newbie
Activity: 163
Merit: 0
What SPARTA Looks Like
 
Just like any other cryptocurrency, SPARTA is intangible. To put it bluntly, it cannot be felt, touched, pocketed, unlike the fiat money we're used to.
 
What is SPARTA?
 
SPARTA is digital money based on the math science of information encryption. When you say “I've got 1,000,000 SPA”, it doesn't mean that somewhere at home or in a “crypto bank” you have a huge sack full of coins you own. SPARTA coins are, in essence, a set of unique encrypted data calculated using a special formula and stored in the blockchain network. Every minute the formula picks a new network member to create a new block which also generates a profit of 8,000 new SPA coins for this member.
 
Again, it doesn't mean that the coins will physically appear in this user's wallet. A coin is just a notion to simplify understanding of cryptocurrency for regular people who have nothing to do with programming or maths.
 
The truth is the wallet's balance reflects the final calculated result of all transactions run by you or completed at your address in the SPARTA network. A certain amount in SPA on your balance is validated by the records of incoming and outgoing transactions for your wallet. All completed transactions are stored in the blockchain and described by relevant terms: incoming or input transactions indicate the address coins have come from; outgoing or output transactions state what address coins have been sent to.
 
Moreover, SPARTA coins can be easily exchanged for fiat money
 
Even though SPA coins are intangible, you can turn them into tangible fiat money at any time — it's a kind of virtual and real “magic”. You can use cryptocurrency platforms that trade SPARTA coins to exchange them for other cryptocurrencies at any time — for instance, for Bitcoin which can then be exchanged for fiat money via payment services or exchanged for USD and, again, output as fiat money. You can also use P2P platforms to directly buy/sell SPA for fiat money.
 
So join SPARTA and build a new future with us —a future where virtual reality is intertwined with real reality. Together we can build new financial relations for all people — truly fair and honest!
jr. member
Activity: 198
Merit: 1
bought 1,02 mil spa ( waiting for airdrop )

1 sat sent to other wallet

waited 3000+ confirmation

 using wallet 1.01

the wallet tells "forging"   ( firefox for win 10 )

but after 24 hours same amount in my wallet.

what i'm doing wrong ??

https://blockchain.sparta.top/#/address/SPA152EqRw558QmxcacpW

We're trying to identify the technical issue that has led to your situation. We'll solve the problem in the shortest possible time.

any news ? 5 days forging without new coins..
newbie
Activity: 163
Merit: 0
More about using the Proof-of-Stake concept in SPARTA: operation principle and advantages

Associating all cryptocurrencies with Bitcoin, most people think that mining is the only way to mine coins. However, it is not so. There is another way of mining coins – forging – which is more trouble-free and cost-effective.

What is the difference between mining and forging?
  • Supporting the operation of a network based on Proof-of-Work (PoW) is commonly called mining.  Miners use computing power to mine coins. The more powerful computer is; the more chances a user has to mine a coin. Consequently, mining requires expensive computing equipment as well as huge monthly electricity costs. In other words, to start mining coins with the PoW method you have to invest a large lump sum. Then you will have to invest more and more money as over time the network complexity will be growing which means the equipment will require a regular upgrade.
  • Forging is based on the Proof-of-stake (PoS) algorithm. Forging is not based on computing power, but on the user account balance. The more tokens are in an account, the greater the chances of creating a block and receiving a reward. As a result, this method is available to everyone. Computational requirements are small, and computational capacity and electricity are not wasted. To start forging, you only need a wallet with a minimum number of tokens. Clearly, buying a required number of coins entails some extra expenses but compared to mining costs, they are not significant. If needed, you can always sell the purchased coins.  Moreover, PoS-miner don't have to upgrade their equipment and pay huge electricity bills.

As you can see, forging has significant advantages over mining. Many popular cryptocurrencies including Ethereum are thinking about switching to Proof-of-Stake. Like SPARTA, most of young promising cryptocurrencies prefer to use Proof-of-Stake. 

More about earning by forging  – https://sparta.top/how-to-earn.html
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