Spaco will provide safety transmission and storage for IoT.There are so many scenes that need storage. We have a series of products,t he subprojects also need SPO Token.
In fact,We don't think that the max supply is too high,we think it's too tight.

There are a few groups of people  do research in their spare time without any compensation。You belive,you can join in.You have doubts，Please be patient and the results take time to come out。The solution needs to be done through mathematical simulation and engineering, which takes a lot of time. We welcome your continuous attention to our progress

In fact,we haven't began to distriub normally.the max supply is 2.8B, the totaly supply is 250m. others are locked in the blockchain code（you can check the code on github).  We haven't started to distribute. There are some transactions which is  for testing our teller.
For tokens,It's just like we are going to build a new company,"stocks" are 2.8B,but most of them can't be in "Circulating Supply". It will take tens of year to distribute. Because spaco project  is a particularly long-term project.

Why started spaco project ? the reasons are listed as below:

The current Internet architecture was designed decades ago with great successes and huge pitfalls. Today it faces the following seven major challenges:

1,Privacy protection is missing
The Current Internet does not overly consider privacy issues in the underlying architecture and protocol design, so the default network connection is unencrypted. A third party using mirroring at the network node can monitor the data source, the final destination, and the content of the connection in real time. Even worse, most applications are also unencrypted by default. This led to a serious consequence: there may be more than one eye at a time in the dark peep our words and deeds!

2,Poor security, serious data forgery
Because the data is not encrypted and verified at the IP layer and the transport layer, the data received by the user in the browser may be tampered with by the router or switch in the middle, and the user can not verify whether the received data is original or not This generates numerous fishing websites and security incidents.

3，Centralization and monopoly
The technical architecture, the vast majority of HTTP sites are centralized single point, once the company's server downtime, the overall business will be affected. In addition, the DNS service is centralized, even the issuance of HTTPS certificates is centralized ...
Business model also formed a monopoly


4，Spam, attacks are everywhere
The current network does not consider the underlying infrastructure filtering and security issues, resulting in many good products dying of spam and attacks. Security issues stand alone and can not coordinate defenses

5,Huge resources waste
Currently, there are a lot of idle bandwidth, storage and computing resources on the Internet that can not be fully utilized.

6,Vested interests hinder the application of new technologies
In the network infrastructure and network security, the existing encryption technology has not been popularized in a long time because the construction and promotion of a new type of network will squeeze the commercial interests of the vested interest manufacturers. They may even interoperate and may not supervise And other reasons to set obstacles to hinder technological progress.

7,Network rigid lack of flexibility and intelligence, can not evolve
The current Internet in the face of various types of Internet worm and virus attacks, DDOS attacks, each subnet and host their own fight, relying on the knowledge of the various sub-network administrators to protect against network attacks, the entire network is a flawed A staggering giant, often beaten dead, may be just one person behind a cyber attack.


So our spaco project is going to build a parallel Internet based on other project(such as skycoin and so on). We need to build a new application ecosystem on the new network and conduct ground-floor research and refactoring。

For example:
1), There are arp spoof in LAN.  how to stop this attack ?"arp firewall"  is just a patch program. In spaco network, we need a fundamental solution, redesign arch from the bottom.  maybe we can custome linux kernel to make our own stack protcol, replace the mac address as pubkey, then every response must has a signature.One can prove "he is he" with private key.

2), There are many security incidents every year. Each company solves its own virus problem。But why not detect virus and other attack behavior on network nodes。We may have many probe nodes on spaco network, and an area has been attacked，Local nodes learned confrontational strategies through machine learning，then release the strategy to the whole spaco network .The whole spaco network will be
 a huge Neural Network

3), Storage should be the base ability that network can provide
...

....
There are much more to say。We will announce the entire plan step by step。

Welcome supervision and questioning, which will make our project go further

Our github is "https://github.com/spaco",we have many subprojects,  SSR(Spaco Standard Recommendation) is just like whitepaper.We have some drafts,but haven't released yet.  The SEG (SPACO EngineeringGroup) will implement SSR. Please hold on. We will update the information and SSR soon.

nice beginning