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Author Topic: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.  (Read 3390 times)
CrazyClock
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July 20, 2018, 08:00:13 PM
 #181

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?
AlexandruST
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July 20, 2018, 08:02:36 PM
 #182

What makes it so special? There are already PoS coins established such as Waves, NAV etc.
SPARTAcore (OP)
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July 22, 2018, 06:13:00 PM
 #183

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://bitcointalk.org/index.php?topic=2394796.msg38864337#msg38864337
SPARTAcore (OP)
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August 01, 2018, 06:51:58 PM
 #184

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!
jojovan
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August 02, 2018, 09:45:55 AM
 #185

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.
SPARTAcore (OP)
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August 02, 2018, 09:13:01 PM
 #186

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!
SPARTAcore (OP)
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August 02, 2018, 09:16:41 PM
 #187

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

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
SPARTAcore (OP)
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August 04, 2018, 04:56:36 PM
 #188

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?

We’ll do all we can to make it work! SPARTA is the truly “environmentally friendly” cryptocurrency.
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August 04, 2018, 04:57:35 PM
 #189

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.

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.
SPARTAcore (OP)
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August 04, 2018, 04:59:01 PM
 #190

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

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!
SPARTAcore (OP)
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August 04, 2018, 05:02:43 PM
 #191

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/
SPARTAcore (OP)
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August 05, 2018, 06:26:18 PM
 #192

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
SPARTAcore (OP)
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August 06, 2018, 07:13:30 PM
 #193

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://bitcointalk.org/index.php?topic=2394796.msg38864337#msg38864337
 
Run the application to forge SPARTA now and start mining new coins along with other network users! Make money for a happy future!
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August 08, 2018, 08:14:25 PM
 #194

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!
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August 08, 2018, 08:23:16 PM
 #195

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.
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August 10, 2018, 03:11:55 AM
 #196

What base blockchain technologi of SPARTA ?
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August 14, 2018, 07:23:16 PM
 #197

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!
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August 14, 2018, 07:27:25 PM
 #198

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.

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.
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August 18, 2018, 08:03:28 PM
 #199

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!
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August 20, 2018, 08:57:35 PM
 #200

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!
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