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Author Topic: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.  (Read 7174 times)

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SPARTA is a new cryptocurrency that uses blockchain technology and was created by a team with 3 years of cryptocurrency experience and 6 years’ experience managing large projects. The team has united behind the idea of creating a new society of free and happy people.
The name SPARTA is derived from the words: “SPArk” + “Target”. SPARTA is a new spark in the cryptocurrency world. We seek to represent progress, development and forward movement. Our spark is “targeted” at creating new financial relations that are decentralized, honest, and fair.
SPARTA cryptocurrency is also named after the eponymous state in ancient Greece. Sparta exemplified the ideal state described by the philosopher Plato. We want to make SPARTA cryptocurrency as simple and clear as possible. Like the ancient Spartan city-state, SPARTA is striving to be ideal, but in the world of cryptocurrencies.

Our slogan: “Simple. Fast. Reliable”
“SPA” is the abbreviation for SPARTA tokens.


Features and Characteristics:
  • The fee is as low as possible and changes depending on the amount of time that has elapsed since the launch. It was introduced solely for the purpose of protecting against spam transactions.
  • Forging and proof-of-stake. The operation of the network can be supported by ordinary computers.
  • Worthwhile reward for forging. A miner who creates a block is rewarded with the sum of all the transaction fees in the block. If certain conditions are satisfied, a miner also receives a guaranteed reward in the form of newly created SPA tokens.
  • The reward per block changes every 500,000 blocks. The initial reward is 8,000 SPA for each block.
  • To protect against malicious users, tokens affect the ability to create blocks only one day after they have been credited (1,440 blocks).
  • Protection against 51 % attacks, nothing-at-stake attacks, and other malicious actions.
  • Transactions are deemed safe after 10 confirmations (10 minutes).
  • Blocks are generated once per minute.
  • There are 888 transactions in 1 block.
  • The network capacity is as follows: 14.7 transactions per second; 888 transactions per minute; 53,280 transactions per hour; and 1,278,720 transactions per day.
  • The total number of tokens will be 8,888,888,888 (~ 9 bln). Of these, 10% or 888,888,888 (~ 900 mln) are part of the premine. All coins will be issued for circulation on stock exchanges, and the proceeds will go toward growing the cryptocurrency.
  • The issue will not end before 2025.A mnemonic seed (mnemonic phrase), a set of several unrelated words, is used to generate the address.
  • In the SPARTA network, addresses start with “SPA”. For example, SPA1APoGEhZF6spoqniQn8rBVAz2WgNoaUuwApella (APL) is the smallest fractional unit of the cryptocurrency, equal to one 100 millionth (0.00000001).
Forging:
Create a wallet: https://wallet.sparta.topDownload the forging application: https://sparta.top/sparta-1.0.0.jarSPARTA uses the proof-of-stake concept, which means that account balances are used for forging instead of computing power (as is the case with mining based on proof-of-work). SPA tokens (coins) are used instead of processors and video cards.

To start forging:
1. Create a SPARTA wallet and deposit SPA tokens in your account. A minimum of 888 tokens is required to start forging.
2. Run the special application on your computer. After the application is started, it automatically begins supporting the SPARTA network. When a block is created successfully, you receive a reward.
The chances for creating a new block are distributed among all network participants based on a special formula depending on the balance amount at their addresses.

The more SPA tokens in the account, the more chances to create a block.The reward for creating a block depends on the number of coins in the user account:
  • If a miner has between 888 and 999,999 SPA (inclusive) in the account, he or she receives only with the sum of transaction fees.
  • If the miner has SPA 1,000,000 or more in the account, he or she receives with the sum of transaction fees and newly created SPA tokens.
Thus, miners in the first category support the network, but miners in the second category also help the cryptocurrency grow by investing at the initial stage. Accordingly, these miners get more profit.

To avoid centralization, all miners with balances of 1,000,000 SPA or more have the same changes of creating a new block. That is, if one miner has SPA 1,000,000 and another has SPA 25,000,000, their chances of creating a block are the same.

Miners who have more than SPA 1,000,000 are recommended to divide their coins and forge on different servers and in different locations — countries, cities, etc. Doing this is much more useful for the SPARTA network. The SPARTA network automatically tracks and punishes unscrupulous miners using several computers with balances over 1,000,000 SPA in a single location to enrich themselves rather than develop the network.

A new block is created every minute. So a miner gets a chance to create new SPA tokens every 60 seconds. The reward for a block changes depending on the total number of the blocks created (i.e. based on the elapsed time).Check out our website on https://sparta.top/about-sparta.html for more details on the reward for a block.

Vision:
Our goal is to launch a new stage in the evolution of cryptocurrencies. SPARTA will let cryptocurrency technology more easily and quickly become part of our lives in order to create new financial relations that are decentralized, honest, and fair. This is the future we see!

With its clear advantages, SPARTA technology will bring cryptocurrencies to a whole new level. All of its benefits, convenience, and simplicity make it easy for everyone to use digital money. People can use SPARTA to gain independence from banks and easily make money from home.
In time, people will recognize the advantages of SPARTA cryptocurrency 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. Accordingly, the whole world will become honest and fair. This is the ultimate goal we are pursuing!

Road map:
  • Listing on exchanges and p2p platforms.
  • Listing on cryptocurrency monitoring websites (coinmarketcap.com)
  • Forging calculator.
  • Desktop wallet:- MacOS,
- Linux
- Windows
- Chrome OS.Localization of the website, wallet, and blockchain explorer into 11 languages. Creation of a compiled node for all operating systems:
- Windows,
- MacOS,
- Linux,
- Chrome OS.
  • Real time network graphs and statistics.
  • Wallet for mobile devices:
- Android,- iOS,- Windows,
- Blackberry.
  • Creation of our own hardware wallet or support for existing hardware wallets.
  • nLocktime transactions. They can be used and confirmed by the network only after a certain period of time. This is very convenient for decentralized exchanges.
  • Multiple signatures are an additional protection against scammers who try to steal wallet data to perform a transaction. A network participant can specify several other network trusted participants. When a transaction is created from the participant’s address, his or her proxies will receive a request to confirm or reject the transaction. In other words, transactions will not be approved without their permission. You decide whether your wallet requires multiple signatures.
  • Ability to use several addresses (hd-wallet) for one wallet. BIP-31/BIP-44.
  • Dynamic block resizing to support network scalability without a hard fork.
  • Ability to dynamically change the block generation frequency, so that network scaling, if necessary, will not require a hard fork.
  • Ability to dynamically change the number of transactions in 1 block, so that network scaling, if necessary, will not need a hard fork.
  • Local exchanges/offices to exchange cryptocurrency, job positions for promoting cryptocurrency through seminars and presentations.Creation and operation of crypto-ATMs.
  • Development of a mini-computer with an automatic update system to serve as a home node.
  • Our own cryptographic wallets that can be used to withdraw and deposit fiat money through crypto-ATMs all over the world.
  • Support for VISA/MasterCard cards. The card balance will be displayed in SPA. But if the account holder wants to withdraw cash, funds will be converted automatically to fiat currencies at the current exchange rate. Such cards will be especially helpful in low-income countries with unstable national currencies, whose residents lack bank accounts.
  • Advertising platforms that award an SPA for guessing the CAPTCHA or performing some other action, similar to Bitcoin faucets, which give out a few Satoshi for comparable actions.
  • Popularization and introduction of cryptocurrency not only on exchanges, but also in other areas.
  • Software for “paper” wallets.
  • Atomic cross-platform transactions (swaps) between cryptocurrencies.
  • Additional network to safely synchronize and update wallet settings.
  • Ranking among the top 100 cryptocurrencies.
  • Preparation of other promotional materials, including 2 videos on cryptocurrency: a promo and technical details.
  • Creation of a .onion site and a node for the TOR browser.Smart contracts and smart assets.
  • Crowdfunding for systems using SPA.
  • ICO platform using SPA.
  • Blockchain-based platform for decentralized peer-to-peer lending.
Resources, source code, and useful materials:Summary:

SPARTA and blockchain have infinite potential. With its clear advantages, SPARTA technology will take cryptocurrency to a whole new level. As a result, financial relations in society will change radically and become honest and fair. Join us now!
« Last Edit: May 19, 2018, 09:07:13 PM by SPARTA »


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SPARTA's character and mission

 
Our goal is to start a new stage in the evolution of cryptocurrencies. SPARTA allows cryptocurrency technologies to more easily and more quickly gain broad adoption in our lives in order to create new financial relations that are decentralized, honest, and fair. This is our vision of the future.
 
For SPARTA and blockchain as a whole, the possibilities are endless. The main feature of payments based on a blockchain is that they enable transactions to be performed online without intermediaries. In the future, blockchain may be used not only for transactions, but also for recording, tracking, monitoring, and executing operations involving any assets.
 
Basically, we are dealing with a huge spreadsheet that records all assets and a global accounting system for performing transactions with those assets—without any restrictions on the type of assets, parties to the transaction, or geographical location.
 
SPARTA technology, with its clear advantages, will take cryptocurrency to an entirely new level. Thanks to all the advantages, convenience, and ease-of-use, everybody will want to and be able to use digital money. People can use SPARTA to gain independence from banks and easily earn money from home.
 
In time, people will recognize the cryptocurrency's advantages over traditional money and will begin to use it en masse. As a result, financial relations in society will fundamentally change, becoming honest and fair. Accordingly, the entire world will become honest and fair. This is our ultimate goal!
« Last Edit: May 11, 2018, 11:48:54 AM by SPARTA »

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Privacy and legal


SPARTA cryptocurrency was conceived and developed for creating fair financial relations among people. The cryptocurrency code is completely open, so anyone can use it.

SPARTA does not violate any international laws. So if cryptocurrency is not banned in your country, you may use it. We call to comply with the laws of the country of your residence.
« Last Edit: May 11, 2018, 11:49:30 AM by SPARTA »

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FAQ


Especially for our users, we have prepared a comprehensive list of answers to frequently asked questions.
 
Illustrated FAQ: https://sparta.top/SPARTA_faq.pdf
FAQ on the website: https://sparta.top/faq.html
« Last Edit: May 11, 2018, 11:50:15 AM by SPARTA »

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Money-making opportunity: trading on exchanges


You can make money on fluctuations in the SPARTA exchange rate. You trade SPA coins on exchanges and earn profits on the difference between your purchase and sale prices.
 
How does this work?
 
When the exchange rate falls, you buy cryptocurrency.
When the exchange rate increases, you sell it to other people at a profit.
 
It's basically like trading stocks, but everyone can do it and we dealing with SPA coins instead of company shares. The Internet is full of books and useful videos on stock trading. Anyone can become a trader and earn great money. This is your chance to start a new independent life!
 
You can already trade SPA in the following currency pairs:
 
-        SPA/BTC:     https://sigen.pro/trading/SPABTC
https://btc-alpha.com/exchange/SPA_BTC/
 
-        SPA/LTC:     https://sigen.pro/trading/SPALTC
 
-        SPA/USD:     https://btc-alpha.com/exchange/SPA_USD/
 
We wish you prosperity in your investments and trades!
 
Exchange rate and trading volume:
 
-        Despite the overall negative trend in the cryptocurrency market, SPA continues to appreciate. Compared with last week's report, the exchange rate has increased by 41% to $0.00237 | 0.00000030 BTC.
 
-        Daily trading volume grew 1.5 times to $1,500,924.82 | 192.81848791 BTC | 642,728,293 SPA.
« Last Edit: May 11, 2018, 11:51:04 AM by SPARTA »

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Values of the SPARTA community


-        Independence. We strive to liberate people from dependence on banks and unnecessary costs. Everyone should be able to escape banks' financial control and significantly reduce transaction fees. We believe that if a person wants independence, he or she should have the right to obtain it.

-        Freedom. We want people to not be bound by any absurd restrictions. For example, everybody should be able to exchange money with their relatives in other countries without any problems. It is important that people have freedom not on paper, but in real life.

-        Fairness. All people should have equal rights—without any hierarchies or other kinds of subordination between people. We want to help everyone build equitable relationships based on objectivity and impartiality.

-        Honesty. We do not accept deception, fraud and corruption.  That's why we want to build new human relations, including financial relations, based on truth and adherence to principles.
« Last Edit: May 11, 2018, 11:51:45 AM by SPARTA »

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Learn where SPARTA is headed: check out our roadmap


We are seeking to gain a strong foothold in the cryptocurrency market and make SPARTA as convenient and useful as possible for everyone on the planet. Check out our roadmap and learn what our plans are for the future.
 
Roadmap: https://sparta.top/roadmap.html
« Last Edit: May 11, 2018, 11:52:35 AM by SPARTA »

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For cryptocurrency exchanges and listings


The purpose of the SPARTA cryptocurrency is to build honest and fair financial relations between people.
 
To achieve this goal, it is very important for SPARTA to gain the largest possible foothold in the cryptocurrency markets: we want to give everyone a convenient opportunity to trade SPA for fiat money and other cryptocurrencies, as well as a chance to earn money at auction and by investing. At the same time, we must also provide the ability to watch the cryptocurrency grow, check exchange rates, monitor dynamics, analyze its rating, and so on.
 
Accordingly, we are trying to have SPARTA added to various cryptocurrency exchanges / trading platforms / monitors and indexes. We would be happy to see SPA on your sites.
 
Essential information:
 
Cryptocurrency name: SPARTA
Symbol: SPA
Logo: https://sparta.top/logo/logo_200.png
Website: https://sparta.top/
Announcement: https://bitcointalk.org/index.php?topic=2394796
 
SPARTA API - https://github.com/spartacore/sparta/wiki/The-SPARTA-API
 
Technology: Proof-of-Stake (PoS)
Block generation: 1 per minute
Transactions per block: 888
Total coins: 8,888,888,888 (~ 9 billion).
You can see the current number of coins in real time at https://stat.sparta.top/api/totalAmount
 
Users can participate in forging (PoS-mining). The chances of creating a block depend on the SPA balance in an account.
 
Instruction on launching a SPARTA node:
https://github.com/spartacore/sparta/wiki/Setting-up-SPARTA-node
 
SPARTA is already traded on:
 
-        https://btc-alpha.com/exchange/SPA_BTC/
-        https://btc-alpha.com/exchange/SPA_USD/
-        https://sigen.pro/trading/SPABTC
-        https://sigen.pro/trading/SPALTC
 
The SPARTA team has retained 100,000,000 SPA to develop the cryptocurrency: https://blockchain.sparta.top/address/SPA14f1TuMbwGKSHqKGi1
 
Source code: https://github.com/spartacore/sparta
Blockchain: https://blockchain.sparta.top/
Web wallet: https://wallet.sparta.top/
Network stats: https://stats.sparta.top/
 
Follow us:
 
-        Twitter -  https://twitter.com/SPARTA_core
-        Reddit -  https://www.reddit.com/user/SPARTA_core
-        Facebook -
https://www.facebook.com/Sparta-Simple-Fast-Reliable-144359956205380/
 
Please write to exchange@SPARTA.top with any questions about listing SPA tokens on cryptocurrency exchanges, exchangers, monitors, and indexes.
« Last Edit: May 11, 2018, 11:53:31 AM by SPARTA »

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How SPARTA can solve today's problems


We are trying to identify the best of what has been created and apply it in our operations. SPARTA can solve many problems. For example:
 
-        SPARTA allows everyone to access financial services regardless of their location and without having to get someone's permission.
 
-        People, not banks or other financial institutions, remain in control of their own funds.
 
-        Blockchain technology can help resist political tyranny by introducing decentralized cloud-based functions that were previously controlled exclusively by official organizations.
 
-        Many branches of the economy will be able to escape excessive regulation and licensing requirements imposed by hierarchical structures, lobbyists, and special interest groups. This will help create new business models that are not burdened by unnecessary intermediaries.
 
-        Blockchain-based records of all transactions and the inability to change these records may become the foundation for societal progress.
 
-        Each asset in the blockchain is coded with a unique identifier used to monitor, control, exchange, sell, or buy the asset.
 
-        Due to its economic, political, humanitarian and legal advantages, blockchain technology is becoming a powerful breakthrough capable of fundamentally changing most aspects of society.
« Last Edit: May 11, 2018, 11:55:18 AM by SPARTA »

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Questions?


For questions about working together, please contact us at the following email addresses:
 
-        For questions about listing SPA on exchanges and exchangers: exchange@SPARTA.top
-        For questions about RP, media, advertising, etc.: pr@SPARTA.top
 
For all other questions: info@SPARTA.top

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Description of SPARTA's main advantages:
Blockchain technology


The SPARTA cryptocurrency is built on blockchain technology. This is an enormous ledger that is available to everybody and that cannot be altered. It contains encrypted information about all transactions in the SPARTA network.

A blockchain consists of a chain of inseparable blocks (the pages of this enormous ledger). Each block contains transaction information. Each transaction is verified before it is added to the blocks. In other words, a block represents a group of several transactions.

Moreover, each block always links to the previous block. This means that each block contains encrypted information about the previous block, which means that it cannot be replaced or counterfeited. If an attacker tries to somehow replace an already-confirmed block in the middle of the chain with another block, the blockchain simply will not accept it. Why? Because it will always be different than the block that is being replaced and to which all other blocks are linked.

In the SPARTA network, a new block consisting of 888 transactions is created each minute. Accordingly, it takes one minute to confirm a transfer in the SPARTA network. During this time, the transaction is verified and added to the blockchain.

The SPARTA network is decentralized and new blocks are created by the users themselves. The block information is available to everyone. The blockchain technology makes it easy to verify the authenticity of each payment, and cryptocurrency cannot be counterfeited or hacked. Furthermore, governments and corporations cannot influence the operations within the system.

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Description of SPARTA's main advantages:
Transfers at any time to any part of the world



Unlike bank transfers, operations with cryptocurrencies are executed 24 hours a day, 365 days a year. You decide for yourself when, to whom, and where to send money. There are no limitations here.

With the SPARTA cryptocurrency, you manage your own funds. There is no need to ask your bank for permission to use them. Nobody can freeze your account or block a transfer to someone from a particular country or region.

Suppose that in the middle of the night Ravi from India wants to make a transfer to his friend Ben in Australia:

With fiat money, Ravi would have to wait until morning, go to the bank, stand in line, fill out forms, pay a huge fee (likely at least 10% of the transfer amount), and then wait 3-5 business days for Ben to get the money.

With SPARTA, in the middle of the night Ravi can immediately send SPA tokens, which Ben will receive after 1 minute.

So if you need to send money to someone in another country, you can do it quickly, without paying huge fees, and without filling out piles of forms.

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Description of SPARTA's main advantages:
Always the smallest fee



A fee must be paid on each transaction. But this fee is insignificant compared to bank fees and the fees that apply to other cryptocurrencies. It is purely symbolic and only necessary to protect the network from spam transactions unlike, for example, the Bitcoin fee, which serves to enrich miners.

For example, suppose there's an evil user named Steve. Steve has 2 addresses in the SPARTA network, which he uses to move coins around. He transfers 1000 SPA from the first wallet to the second wallet. Then he transfers the coins from the second wallet to the first. And so on forever. Each transaction is verified and added to the blocks, but this behavior is entirely pointless. And thus Steve is simply creating an unnecessary additional load on the network. Thus, the fee discourages Steve from doing this, since he will have to pay for each transfer from one address to another. The fee also protects against similar attacks.

The network fee does not depend on the transfer amount or the user's location. The fee is the smallest possible and changes dynamically as time passes. The SPARTA network will always maintain the minimum possible fee for users.
For example, the current fee is 1 SPA. At the current USD exchange rate, this is less than 1 cent. But suppose that the SPA exchange rate grows significantly in time and 1 SPA is worth several dollars. In this case, SPARTA will simply lower the fee to, for example, 0.001 SPA, so that the fee is still no more than a few cents.

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Description of SPARTA's main advantages:
Security



To secure the SPARTA network from attackers, the cryptocurrency uses a host of security techniques. Here are the 4 most important:

Attackers cannot transfer tokens from one account to another in order to boost their chances of creating new blocks. Tokens affect the ability to create blocks only after 24 hours have passed since they were credited (i.e. 1440 blocks have been created).

A transaction is considered safe after it has received 10 confirmations (10 minutes). Thus, an attacker would have to generate 10 consecutive new blocks and simultaneously have an enormous account balance. This situation is likely only if the attacker already possesses more than 90% of all funds in the network, which is virtually impossible.

The SPARTA network is inherently protected from 51% attacks thanks to its use of the Proof-of-Stake concept. Unlike cryptocurrencies that use Proof-of-Work, an attacker cannot create longer chains by out-computing other users in the network.

Attackers cannot resort to Nothing-at-Stake attacks, because the SPARTA network only allows the last 720 blocks of the chain to be altered. Any block placed below this threshold is automatically rejected.

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Description of SPARTA's main advantages:
Convenience and accessibility for all



The SPARTA website and wallet are as user friendly as possible. The features are simple. Anyone can figure out how to use them. SPA can be exchanged at any time for fiat money through exchanges or trading platforms. You can do this now on the SIGEN.pro platform, BTC-Alpha exchange or through the built-in exchange on our website  https://sparta.top/.

So if you want to buy SPA, you can do so in a few clicks. And if you need money to buy stuff, you can easily trade SPA for fiat money or other cryptocurrencies. And you can do whenever you want.

Moreover, the SPARTA network has no social, national, government, religious, political, or gender limitations. It doesn't matter how old you are, what you do for a living, or what your level of education is. You don't need to study at a university, pass exams, or get a license. SPARTA is available to everyone.

SPARTA is used with equal success by people from countries around the world regardless of their gender, nationality, religion, social status, or political views. Cryptocurrency users are a diverse group with entirely different interests and traits.  SPARTA equalizes the rights of all users and unites them in what matters most: building free, honest, and fair financial relations.

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Description of SPARTA's main advantages:
Proof-of-Stake



Bitcoin and most other cryptocurrencies use the Proof-of-Work (PoW) concept. This was the very first technique used, and it happened to bring a lot of issues with it. However, SPARTA uses Proof-of-Stake (PoS), so here this process is called forging, not mining. What's the difference?


 In the case with Proof-of-Work, mining  requires considerable and expensive computing power as well as huge monthly electricity costs. In search of profits, miners keep buying powerful specialized hardware that costs a huge amount of money. Miners began to pool their powerful resources, thus pushing ordinary people out of mining. This leads to centralization, which cryptocurrency was specifically designed to fight against.

       In the case with Proof-of-Stake as a forging tool, the user account balance is used instead of computing power. SPA tokens (coins) are used instead of processors and video cards. Each token is a forging tool. Thus, forging is more convenient and simpler than traditional mining, because a regular computer is powerful enough. As a result, this method is available to ordinary people and does not promote centralization.


In the SPARTA network the probability of creating a new block is distributed among all network participants using a special formula that depends on their addresses balances. The more SPA tokens are in an account, the greater the chances of creating a block and receiving a reward.

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Description of SPARTA's main advantages:
Protection against inflation



Nobody can create an unlimited number of SPA. The same can't be said about dollars. There are no printing presses here. National currencies lose 1-20% of their value (sometimes more) each year. But SPARTA, like gold is backed by a limited volume. An arbitrary number of SPA tokens cannot be printed. This protects the network from inflation. 

Tokens will be produced solely through the forging process until the maximum quantity of 8,888,888,888 (~9 billion) coins are produced. Then production will cease. This will take place no earlier than 2025.

The cryptocurrency exchange rate is governed only by the market. Because SPARTA has so many advantages over banks and other cryptocurrencies, and because cryptocurrencies as such are constantly becoming more popular, the SPA exchange rate is also expected to grow.

The dollar and other fiat money is subdivided into hundredths (a minimum of 0.01 USD, i.e. one cent), but the SPARTA is subdivided into millionths, i.e. Apella (1 Apella = 0.00000001 SPA).

Thus, people will always be able to buy and use SPA at any exchange rate. Even if SPA coins become worth 1 million USD each, people will still be able to buy a certain amount of SPA for 1 cent.

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Description of SPARTA's main advantages:
High capacity, fast transactions



Bank transfers may take 3-5 business days. Transactions in SPARTA are instantaneous, and transaction confirmations only take 1 minute.

The transaction is deemed safe after 10 confirmations, or 10 minutes. So, you will have to wait 10 minutes when transferring large amounts.

The network capacity is as follows:
14.7 transactions per second;
888 transactions per minute;
53,280 transactions per hour;
1,278,720 transactions per day;
8,951,040 transactions per week;
38,361,600 transactions per month;
466,732,800 transactions per year.

You can send money anywhere in the world quickly for a minimal fee. By comparison, Bitcoin supports a maximum of 300,000–400,000 transactions per day. SPARTA transactions four times as fast as Bitcoin.

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What is a transaction?


Transactions are the only way SPARTA addresses can alter their balances. Each transaction performs a single function. A record of the transaction is permanently stored on the network once it has been included in a block.

In short, a transaction is transfer of SPA from one address to another. When a SPARTA network participant carries out a transaction, it gets into a transaction pool along with all other new transactions of network participants.

All SPARTA transactions are considered unconfirmed until they are included in a valid network block. When a block with a transaction is included in the blockchain, it becomes a transaction with one confirmation. As a rule, once the transaction has been sent, it goes from the pool immediately to the block. As blocks on the SPARTA network are created every minute, in most cases a transaction needs only 1 minute to get the first confirmation.

As subsequent blocks are added to the existing blockchain, each transaction receives new confirmations from each of the added blocks. On the SPARTA network, each transaction is deemed safe after 10 confirmations. If for some reason the transaction is not included in the block before its deadline (24 hours), it is removed from the transaction pool.
For more information about transactions see our Whitepaper

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Is there a risk of faking SPARTA transactions?


SPARTA network operates in such a way, that it is just impossible to fake any transaction. Each of them has a unique digital signature. And any attempts to commit any fraud, such as sending two similar transactions, will be terminated. Transactions created as a fraud simply cannot be accepted by the blockchain.

For example:

Mark transferred 1000 SPA to Lesley.

When Mark made the transaction, there was an automatic signature of Mark attached, which proves that SPA were sent by him. Such transaction can be accepted by the blockchain.

But here come evil user Steve and tried to fake a transaction by indicating that Mark sent 1000 SPA not to Lesley’s wallet but to Steve’s. But to the disappointment of Steve there was no a unique signature of Mark attached to that transaction, and  blockchain simply denied it.

There is a theoretical possibility of the SPARTA network attacking with the purpose of repeating of the transaction, to return coins to another address, but after going through 10 confirmatons to succeed with any attack aimed to transaction editing will be just impossible. In other words, if a transaction has 10 confirmations, it can not be repeated. It is considered to be safe and complete.

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How SPARTA wallet can be created, how to login and check the balance?


With help of the wallet you can store coins and make transactions at the SPARTA network.

To create a wallet, go to the website https://wallet.sparta.top/;

Click the Create a Wallet button;

Select the level of complicity (length) of the mnemonic code (for example, 128-bit)  and click the button “Generate”.  The more bits you are to select, the longer phrase will be and your wallet will be more protected;

You should copy and save the generated phrase at a safe place. It is advisable that you memorise it and write down on a piece of paper. This phrase will be both your login and password;

Click the I Saved the Phrase button  and you will be logged in to the wallet.

In future this same phrase you should use for login to the wallet at the page https://wallet.sparta.top/.

At the wallet, under the Balance line there is shown your balance in SPA and approximate amount in other currencies/cryptocurrencies;

Next to the Address line you will see your address in the SPARTA network. It looks like this: SPA15g5hhBADZv9ufRLmc.

In your wallet you can keep unlimited amounts during unlimited period of time.

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How to send SPA?


Sign in to your wallet at https://wallet.sparta.top/.

Click “Send”. This will open a special form for sending SPA.

Specify the following data in the relevant fields:
the recipient's SPA address,
the transfer amount,
the fee amount (the recommended amount is 1 SPA).

Click the blue “Send” button.

The recipient can spend the SPA immediately after you make the transfer. (the transaction gets 1 confirmation).

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What is a digital signature  and where does it come from?


Each transaction contains a unique digital signature that confirms that the transfer was made specifically by the sender, not someone else.

The digital signature is generated from the private key which belongs to the owner of SPA coins and invisible for anyone. The signature is encrypted and attached to the transaction. It is a proof the the transaction is valid and was created specially by the sender.

It is impossible to counterfeit the digital signature if one doesn't know the private key.
The private key is generated from a mnemonic phrase which only you know

All information uses the cryptographically secure SHA 256 hash algorithm, therefore the digital signature or private key cannot be counterfeited without a mnemonic phrase. This is why it is crucially important to keep it in secret

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Why are all SPARTA transactions pseudonymous?


As all you need to check the validity of a transaction is its digital signature, all transactions are anonymous More accurate to say they are pseudonymous.

The recipient and the SPARTA network can see only the address of the public key but it is not known who the address belongs to. For instance, Mark sent 1,000 SPA to Lesly. The network shows only their addresses - a set of letters and numbers. No one can see that the sender’s name is Mark or the recipient is Lesly.

Therefore, no one can your personal data unless you say about it. And since anyone can create several wallets, you can make any information confidential.

For example, Lesly knows Mark’s wallet address, but Mark can create a new one and no one will know the new address belongs to him unless he himself tells anybody about it.

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What is the fee in the SPARTA network charged for?


Each transaction in the SPARTA network requires a fee. But compared to bank and other cryptocurrencies commissions, it is the lowest.

The fee is required solely to protect the network from DDoS attacks, unlike in Bitcoin, for example, where the fee serves as a means for miners to generate profit.

Take, for example, Steve, a malicious network user:

Steve has two addresses in the SPARTA network and transfers coins between them back and forth.
He endlessly sends 1000 SPA from one wallet to the other one and then back.
Each transaction is repeated and gets into blocks though all this has no sense.
Doing so, Steve creates an additional load on the network.
Having to pay a fee for each transaction, Steve won’t do this.

The fee protects the system from the described attacks. Charging a  fee for a transaction is a necessary measure but we make the fee as low as possible so that users just ignore it.

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Forecast: blockchain and cryptocurrency market will grow up to $10 trillion within 15 years


An authoritative banking specialist predicts the strong growth of the cryptocurrency and blockchain market in the foreseeable future.

A report prepared by the analyst at the Royal Bank of Canada, Mitch Steves, contains data on the possibility of 13 times growth of cryptocurrencies and blockchain applications within the nearest 15 years, reaching the $10 trillion mark. 

According to the author of the report, investors now already must enter directly into the cryptocurrencies. Steves points out that although cryptocurrencies are high risk investments, they offer great opportunities, and for that reason they inevitably turn into a multi-trillion market.

In the reputable banker’s view, blockchain and cryptocurrencies are the future of the global economy. Before long, they will turn into a giant market with the huge financial turnover.

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Try out new SPARTA forging application with easy-to-use and user-friendly interface — version 1.0.1!!


Supporting SPARTA network operations and getting a reward in the form of SPA tokens is a lot easier now!

We’ve released a new version of node software — 1.0.1. The update includes a patch for minor bugs and the much-anticipated, easy-to-use interface for forging which will facilitate support of network operations and receipt of reward. We recommend all owners of SPARTA nodes to migrate to the new version.

Thus, you can easily launch and rapidly set up forging — please, see the step-by-step guideline below. The new app supports all operating systems: Windows, Linux and MacOS.

How to use a new application:

1. Install and run it on your computer. (To run the application you may need to install Java version 8 or later first. Go to https://java.com/downloadto download and install it.)

2. Open the following webpage in your browser: http://127.0.0.1:8080. After you run the app, blockchain download will start.

3. When the download is over, enter your mnemonic phrase in the relevant box.

4. Click the “Start Forging” button. This is it! After you click the button, you will see the forging process begin.

Your computer now supports the SPARTA network operations and, if all conditions are met, has a fair chance to generate a block and receive a reward.

Note:
Closing this tab will not shut down the app. In other words, even if you close the tab in your browser, forging will be carried on in the background. However, the computer must remain powered.
Clicking the "Shutdown Node" button will completely shut down the app (shut down the process on the computer).

How to start forging:

1. Create a SPARTA wallet and add SPA tokens to your account. A minimum of 888 tokens are required to start forging.  The more tokens you have, the more chances you have to create blocks and receive rewards.
If you have between 888 and 999,999 SPA (inclusive) in an account, you receive only the sum of the transaction fees.
If you have 1,000,000 SPA or more in an account, you are also awarded newly created SPA tokens.
2. Complete an outbound transfer. This is necessary to display your public key in the SPARTA network. You can only begin forging after this transaction has received at least 1440 confirmations.

3. Run a special application for forging on your computer. After the application is started, it automatically begins supporting the SPARTA network. When a block is created, you receive a reward.
If the miner has 1,000,000 SPA or more in an account, he or she is also awarded newly created SPA tokens.

Buy SPARTA and start forging right away!
Support the operation of the SPARTA, forge SPA and join us in building a new future!

Forging application - https://github.com/spartacore/sparta/releases/download/v1.0.1/sparta-1.0.1.jar
Create a wallet - https://wallet.sparta.top
More about earning by forging  - https://sparta.top/how-to-earn.html

Best regards,
the SPARTA Team

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Forecast: blockchain and cryptocurrency market will grow up to $10 trillion within 15 years


An authoritative banking specialist predicts the strong growth of the cryptocurrency and blockchain market in the foreseeable future.

A report prepared by the analyst at the Royal Bank of Canada, Mitch Steves, contains data on the possibility of 13 times growth of cryptocurrencies and blockchain applications within the nearest 15 years, reaching the $10 trillion mark. 

According to the author of the report, investors now already must enter directly into the cryptocurrencies. Steves points out that although cryptocurrencies are high risk investments, they offer great opportunities, and for that reason they inevitably turn into a multi-trillion market.

In the reputable banker’s view, blockchain and cryptocurrencies are the future of the global economy. Before long, they will turn into a giant market with the huge financial turnover.

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SPARTA's WebSite: Navigation


Let's talk about the SPARTA website today — https://sparta.top/. How you can use it, and where you can find what.

We'll start by saying the website is easy-to-use and user-friendly — all the information you need is fully available and you can easily find answers to all questions you're interested in. Moreover, this information is available in 20 languages meaning that you can read it in your mother tongue. You can select a language in the top right corner of the webpage.

The website header is visible on each web-page

The top section of the web-site displays information about the current SPA market price against BTC, USD and LTC (you can click the currency selection button). To the right, there's a chart icon — click it to display the SPA chart in a pop-up box.

You can also find the “Buy” and “Sell” buttons here that will take you to the embedded cryptocurrency exchanger. This convenient functionality allows users to exchange SPA without leaving the web-site. These buttons are followed by a number of icons that can take you to our accounts in the social networks — click any of them to subscribe and follow SPARTA's progress.

Home — https://sparta.top/

The home page features an introductory video about the SPARTA cryptocurrency, our logo and motto. Here you can also find details about the current SPA market price, capitalization, total number of coins and trading volumes, and you can see a chart and a list of exchanges where you can buy/sell SPA.

Additionally, this webpage includes buttons that can help you create a SPA wallet and read about SPARTA's advantages as compared to other cryptocurrencies.

About SPARTA — https://sparta.top/about-sparta.html

This page contains details about the SPARTA cryptocurrency. In particular, you can find out where the name comes from and what advantages it has compared to other cryptocurrencies and banks.

This sections also describes technology behind SPARTA and how you can become a user of the SPARTA network, support its operations and make a profit.

Earning opportunities — https://sparta.top/how-to-earn.html

This page features detailed information about all earning opportunities with the SPARTA cryptocurrency: forging, investing and trading.

Each of these opportunities is described in detail to make it easier for you to figure it out. All the three methods are available for anyone who wants to improve their well-being and provide for themselves financially.

FAQ — https://sparta.top/ru/faq.html

This is a list of answers to the most frequent questions asked by users — about 30 answers in total. Each answer will unfold after you click the question line.

Road map — https://sparta.top/roadmap.html

This section describes intentions of the SPARTA's team of developers. Each item on the agenda has a circle in front of it — if the circle has a green tick mark in it, the task has been completed.

As we move along the road map, new tick marks will appear. By having a look at this page now and then, you will always be updated on SPARTA's progress.

Whitepaper — https://sparta.top/whitepaper.html

Whitepaper is the key document for any cryptocurrency. It contains most detailed information about the ideology, advantages, technical features and operations, plans for the future.



By studying the SPARTA Whitepaper, you will get a complete picture. To start reading it, click the “Download” button.

Stats — https://stats.sparta.top/

By clicking this link, you can navigate to the statistical data about the SPARTA network. It displays the current SPARTA price against BTC and USD, capitalization and trading volume, maximum, current and mined number of SPA coins, reward per block and other information to give you an idea of how the network operates.

Blockchain — https://blockchain.sparta.top/

This page allows you to view data about any transaction completed in the SPA network: amount, date and time of the transaction. Additionally, you can use the blockchain to review information about any wallet: you can see the total balance, sent and received payments with amounts and dates. Information about the balance and the transaction amount is displayed in SPA and in BTC and USD based on the current exchange rate. One of our previous publications contained detailed information about using the blockchain.

Wallet — https://wallet.sparta.top/

You can click this button to immediately create a SPA wallet and start using it. It's easy: Click “Create a wallet”, select “Encryption complexity” and then click “Create” — your wallet is ready to be used. Remember to note down the generated mnemonic phrase — this you key to the wallet. It's preferable to write it down on a piece of paper and store the latter in a safe place unavailable to the outsiders.

Footer of the website

The web-site footer also contains links to all of the above sections and, additionally, features information about the rules of using cryptocurrency, confidentiality and security, as well as promotional materials and contacts for those who would like to collaborate with us or ask further questions.

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SPARTA is for Fair and Just Health Care Services. Blockchain Will Help Us!


You must have heard a lot about the ground-breaking Blockchain technology that underlies all cryptocurrencies, including SPARTA. The truth is capabilities of this technology are limitless.

The innovative Blockchain technology can revolutionize virtually all aspects of public life, making them a lot better than they are now. It is fully true for health care services that is currently in dire need for improvement — even in many developed countries, not to mention countries with weak economies.

SPARTA is creating fair financial relations between people and developing the Blockchain technology. Let's have a look at how Blockchain could chain the health care industry.
Monitoring shipments of medicinal products. The counterfeiting of medicinal products is a serious issue in today's health care industry. It happens on such a huge scale that hundreds of thousands of people from all over the world cannot get cured from diseases or even risk their lives. When buying a medicine, people cannot make sure this is a high-quality product. They have no verifiable information about the manufacturer since a an unscrupulous seller can easily counterfeit a certificate to sell a counterfeit product. If, on the other hand, all information about a medicinal product is stored in the blockchain, from the moment it is manufactured to the moment it is delivered to a retail store, no one will be able to forge a single record.

Secure storage of patient data. Patient data are currently stored by health care institutions in electronic form (on computers) or in hard copies (as medical records). Both of these methods are not 100% secure — hard copies might be lost due to hospital malpractice or in a force-majeure situation while electronic copies might be lost in a software failure. Additionally, there's been a lot of cases where unscrupulous doctors substituted patient information pursuing their own purposes and it was impossible to prove anything later. If, however, the patient database is stored in the blockchain, losing or substituting data will become impossible.

Streamlining insurance payments. Today, if an insurance event occurs, the customer must spend a lot of time and effort to collect all the required signatures and receive the payment. The process of being pushed “from Billy to Jack” sometimes lasts a few months. The implementation of the Blockchain technology will enable creation of special smart contracts and automation of the insurance payment process. Smart contracts include specific terms which need to be satisfied for the contract to work automatically.

All of the above is not a fantasy any more. These issues have been discussed by experts for a long time now; some solutions have even been implemented and used in beta versions. By buying and using SPARTA, you're developing the Blockchain technology. SPARTA is for fair and honest relations in all areas!

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SPARTA is for Fair and Just Health Care Services. Blockchain Will Help Us!


You must have heard a lot about the ground-breaking Blockchain technology that underlies all cryptocurrencies, including SPARTA. The truth is capabilities of this technology are limitless.

The innovative Blockchain technology can revolutionize virtually all aspects of public life, making them a lot better than they are now. It is fully true for health care services that is currently in dire need for improvement — even in many developed countries, not to mention countries with weak economies.

SPARTA is creating fair financial relations between people and developing the Blockchain technology. Let's have a look at how Blockchain could chain the health care industry.
Monitoring shipments of medicinal products. The counterfeiting of medicinal products is a serious issue in today's health care industry. It happens on such a huge scale that hundreds of thousands of people from all over the world cannot get cured from diseases or even risk their lives. When buying a medicine, people cannot make sure this is a high-quality product. They have no verifiable information about the manufacturer since a an unscrupulous seller can easily counterfeit a certificate to sell a counterfeit product. If, on the other hand, all information about a medicinal product is stored in the blockchain, from the moment it is manufactured to the moment it is delivered to a retail store, no one will be able to forge a single record.

Secure storage of patient data. Patient data are currently stored by health care institutions in electronic form (on computers) or in hard copies (as medical records). Both of these methods are not 100% secure — hard copies might be lost due to hospital malpractice or in a force-majeure situation while electronic copies might be lost in a software failure. Additionally, there's been a lot of cases where unscrupulous doctors substituted patient information pursuing their own purposes and it was impossible to prove anything later. If, however, the patient database is stored in the blockchain, losing or substituting data will become impossible.

Streamlining insurance payments. Today, if an insurance event occurs, the customer must spend a lot of time and effort to collect all the required signatures and receive the payment. The process of being pushed “from Billy to Jack” sometimes lasts a few months. The implementation of the Blockchain technology will enable creation of special smart contracts and automation of the insurance payment process. Smart contracts include specific terms which need to be satisfied for the contract to work automatically.

All of the above is not a fantasy any more. These issues have been discussed by experts for a long time now; some solutions have even been implemented and used in beta versions. By buying and using SPARTA, you're developing the Blockchain technology. SPARTA is for fair and honest relations in all areas!
« Last Edit: June 16, 2018, 02:29:24 PM by SPARTA »

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You're the Only Owner of Your Own Money with SPARTA


A lot of people who use banks face the obvious disadvantages — they cannot withdraw as much of their own money as they would like to. Why does it happen?

The existing banking system is a financial pyramid

Bank operations are based on the financial pyramid principles. Assume you take your money to a bank and make a deposit at a certain interest. What happens next? If you think that the bank will carefully put your money in a burglar-proof safe and store it there while also paying you interest out of its own pocket, you're making a huge mistake. The bank will never operate at a loss.

It “makes your money work” by giving it to those who want to withdraw cash. They also give it to those who have applied for a loan, thus making a profit on your money for itself and, partially, for you.

Similarly, the bank will put all money pooled to its accounts to good use. Assume your wages or another type of income has been transferred to your bank card. It doesn't mean, however, that this money is literally on your account — it's only attributed to your account in the form of digits. That's it. The truth is the bank starts using your money right away by giving it to other customers and making a profit of its own.

The bank will collapse if people want to withdraw their money with no limitations

By setting limits, the bank protects itself from the collapse — this is the key reason for all the limitations. What does it mean? The bank doesn't care about your needs — it only pursues its own goals and does so using your money. Do you agree it's completely unfair towards you? What can you do? It's easy — don't use banks; use SPARTA!

SPARTA sets absolutely no limitations!

By using SPARTA, you're freed of all restrictions by default. SPARTA is a decentralized cryptocurrency with no supervisors or intermediaries. Anyone who wishes to do so may support system operations — all users have equal rights. No one can set limits for you or prevent you from using your funds the way you want to.

This is one of SPARTA's key advantages — the total financial freedom with no restrictions. Use SPARTA and be free!

Buy/Sell SPARTA https://sparta.top/exchange.html

Subscribe to our accounts in the social networks and read our articles:

Facebook — https://www.facebook.com/Sparta-Simple-Fast-Reliable-144359956205380/

Twitter — https://twitter.com/SPARTA_core

Telegram — https://t.me/SPARTAcore

Instagram — https://www.instagram.com/sparta.top/

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More About Our Association with the Ancient Sparta


You must have heard of the ancient Greek state of Sparta that was described by Plato, the renowned philosopher. Sparta's state system was based on the equality of its full-fledged citizens.

Spartans were not only strong and courageous — they were also united, fair and utterly devoted to their ideals. The latter three traits describe our ideology in the best possible way.

SPARTA aims to build a new financial system — just and fair

The SPARTA cryptocurrency, just like the state with the same name, attempts to create an ideal system of relations between people — in the financial sphere. However, changes in the financial industry will inevitable results in changes in other areas of public life — it's all interconnected.

We want to change the existing financial system as we think it's obviously unfair. Today, it's ruled by central banks that have a sole purpose of making as much profit as they can. They only think about cashing in on others.

SPARTA wants to right this injustice by making financial relations fair and transparent. By using SPARTA, you get rid of intermediaries and, consequently, of high fees.

SPARTA is about equality and unity of all its members

Like the ancient Spartans, SPARTA network users are equal in their rights and united. They are united by the goal of creating a new financial system — with no intermediaries, no secrecy, no fraud and no manipulations. 

Join SPARTA now and build new financial relations with us!

Buy/Sell SPARTA https://sparta.top/exchange.html

Subscribe to our accounts in the social networks and read our articles:

Facebook — https://www.facebook.com/Sparta-Simple-Fast-Reliable-144359956205380/
Twitter — https://twitter.com/SPARTA_core
Telegram — https://t.me/SPARTAcore
Reddit — https://www.reddit.com/r/altcoin/comments/7ek8bd/spa_sparta_a_proofofstake_cryptocurrency_simple/
Medium — https://medium.com/@SPARTAcore
Instagram — https://www.instagram.com/sparta.top/

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SPARTA Plans to Issues Its Own Plastic Cards in the Future


We strive to take care of our users and ensure SPARTA grows further. Therefore, we make every effort to make the use of our cryptocurrency convenient for the people in their everyday lives.

SPARTA plastic card — ease of use and efficiency

After SPARTA gets stronger and enters the global cryptocurrency market, we plan to issue plastic cards similar to Visa/MasterCard. Users will be then able to use SPA with more ease and, consequently, SPA will grow and form new financial relations between people — fair and just — faster.

How will SPARTA card be different from conventional bank cards?

Overall, SPARTA card functionality will be the same as that of a conventional bank card. You will be able to check your balance, transfer tokens from your account to another account, top up your mobile, etc. However, our card will have 2 major differences:

You will be able to complete all transactions with a minimum fee, i. e. you won't have to spend too much of your money. If you calculate the total amount of fees you pay to the banks annually, the number will be quite significant. Using a SPARTA card will be a lot more attractive than using a card issued by any bank since banks live off fees and will never give them up. SPARTA, on the other hand, works with no intermediaries which is why fees are often nominal — they only serve to protect the network from fraud.

You will be able to convert SPARTA into fiat money at an ATM and withdraw the amount you want in any currency. It's also a convenient tool since it rids you of the need to use SPA withdrawal via fiat currency exchanges, exchangers and banks. In other words, there will be less red tape and huge fees you have to pay to intermediaries for their services. A fee might be charged on conversion, but it would be very small and used to maintain and service ATM's.

These are the advantages brought to you by a SPARTA plastic card, as compared to any bank card — you'll be able to save time and money which means a great deal to all of us. SPARTA is easy. Fast. Reliable! 

Buy/Sell SPARTA https://sparta.top/exchange.html

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Use of SPARTA's Embedded Exchanger in Detail


Today, we'll provide you with a step-by-step guide on using SPARTA's embedded cryptocurrency exchanger. Here's how you can use it.

Navigate to https://sparta.top/ru/exchange.html

Select “Quick buy/sell”.

If you want to buy SPA, click the “Buy” button.

If you want to sell SPA, click the “Sell” button.

In the field below, enter an amount in SPA you want to exchange — buy or sell, respectively.

In the following field select the right cryptocurrency, and the system will automatically calculate the approximate amount you will receive in the selected cryptocurrency.

In the fields below, enter your wallet address you want to transfer cryptocurrency to and your current e-mail address.

Tick-mark the checkbox “I agree to the terms and conditions” and click “Sell”.

The system will create an order based on your bid and send a notification to your e-mail address. You will be able to track your bid's status.

After the transaction is confirmed by the network the required number of times, the amount will be transferred to the wallet account indicated in the bid.

Please, note:

Below the Buy/Sell buttons, you can see the current SPA / ВТС exchange rate and the token volatility index over the last 24 hours, for your reference. The exchange rate might fluctuate; therefore, the amount you receive will depend on the exchange rate at the time of the last mandatory transaction confirmation.

Assume

you have submitted your bid.

While the transaction was in the queue for the mandatory blockchain validation, the exchange rate for cryptocurrencies you sell and buy has risen by 10%.

The amount you will receive will have also increased by 10%.

There's no fee for using the embedded exchanger, regardless of the exchange pairs.

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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 


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Comparing SPARTA and PayPal Fees


PayPal is an international payment system that can be used to transfer money to anywhere in the world in a fast and reliable way. This system is used by over 200 mln people from all over the world, but many of them view its high fees for international transfers as the main disadvantage. Domestic transfers are free of charge while “crossing the border” must be paid for.

What are PayPal fees for international transfers?

Whenever you transfer funds between PayPal accounts located in different countries, you have to pay a certain percentage of the transfer amount. The fee size depends on the destination country — each country has its own fixed rate.

Assume you want to transfer $1,000 from Australia to the US so the source and target currencies are the same. In this case, the fee will amount to 3.9% + $0.30. For the recipient to receive precisely $1,000, you will have to add the fee to the total and transfer $1,040.89. In other words, you will pay PayPal for its services over $40.

Here's another example: making a transfer between currencies with a conversion.

Let's assume it's the same countries, but you're sending Australian dollars from Australia and the recipient will receive the amount in US dollars in the USA. In this case, your expenses will increase by another 2.5% — the fee for currency conversion. In total, you will have to pay 6.4% of the transfer amount + $0.30.

You should agree it's quite a lot, especially considering the fee is basically a payment for intermediary services. Imagine how much an intermediary earns on payments made by its users on a daily basis. All this money could be used by the users for their own needs or sent for charity purposes.

SPARTA is a payment network with no intermediaries or high fees

The SPARTA network has no intermediaries, i. e. no high fees. It doesn't matter how much and where to you transfer — you will anyway pay a minimum possible fee that will be a lot less than 1 cent.

Fees in SPARTA are not a way to make third parties wealthier — they're used to protect the network against fraud. Even when the price of SPARTA starts to grow, the fee will always remain as small as possible.

SPARTA is an excellent alternative to multiple payment services and systems. By using SPARTA, you're saving money and can use it for your own needs or for those in need.

Join SPARTA and build new financial relations with us — truly fair and honest!

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SPARTA is Easy


The main purpose of the SPARTA team is building fair and just financial relations among people: honest, transparent, with no high fees and no limitations. This is why we try to make sure common people can easily understand what cryptocurrency is and start using it in their everyday lives.

SPARTA is an easy-to-use and convenient cryptocurrency for everyone

Even people who are far from the cryptocurrency world and innovative technology can figure out how SPARTA works. We have created an easy-to-navigate web-site and translated it into 20 languages to help our users understand SPARTA in their mother tongue — perceiving information is a lot more convenient and understandable this way.

We have also developed simple functionality for the SPARTA wallet — you can create a wallet literally in a minute and start using it right away. To make a transfer, you only need to follow some simple steps: click the “Submit” button, enter the receiving wallet address, the transfer amount and the fee in the form that opens and click the “Submit” button again.

You can also buy/sell SPARTA rapidly, easily and smoothly on trading platforms or via the embedded exchanger directly on the web-site, without having to trade. See our previous publications to find out how you can use the exchanger. But, frankly, it's so easy you will probably need no instructions.

Use SPARTA — make your financial relations simple and convenient

Cryptocurrencies are in fact a lot easier than it could seem. You can figure them out at any age, with minimal skills of using the Internet. Don't be afraid to let something new into your life — be active in studying cryptocurrencies since they hold the keys to the future. SPARTA will help you do it — you will start using digital money and will feel confident in the new system of financial relations.

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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!

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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!

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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!

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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!

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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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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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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://bitcointalk.org/index.php?topic=2394796.msg38864337#msg38864337 

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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!

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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!

Buy/Sell SPARTA https://sparta.top/exchange.html

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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:

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In-Depth: Buying SPARTA on BTC-ALPHA


BTC-Alpha is a service you can use to buy and sell SPARTA. It's traded in SPA/USD and SPA/BTC trading pairs here. It means that you need to have USD or BTC on your account if you want to buy SPA.

Refilling your balance in USD and BTC on BTC-Alpha

Navigate to https://btc-alpha.com/, log in or sign up if you don't yet own an account on this web-site.

Click the icon that indicates your user name and select “Finance” in the context menu.

Select the currency you want from the list (USD or BTC) and click the “Deposit” line.

If USD is selected, the system will allow you to choose one of the 2 refilling options: via the AdvCash payment system or via the Perfect Money payment system. Select the option you prefer and follow system prompts. Funds will be transferred to your account as per terms and conditions of the payment system you have selected.

If BTC is selected, copy the refilling address displayed on the web-page and make a transfer to this address as per the rules of the service (wallet, exchange, exchanger, etc.) you want to use to make the transaction. For example, if you want to transfer 0.01 ВТС to BTC-Alpha via Blockchain Wallet, just follow the course of action you usually follow when sending coins from this wallet to any other wallet in the Bitcoin network. Funds will be deposited on your account after the transaction has received 3 confirmations in the Bitcoin blockchain.

How can I buy SPARTA on BTC-ALPHA?

Navigate to the “Exchange” web-page using the following URL: https://btc-alpha.com/exchange/. Select the trading pair in the left-hand section. For instance, select “SPA” in the “BTC” column.

This will bring you to the web-page where you can create an order to buy/sell SPA — https://btc-alpha.com/exchange/SPA_BTC/

Since you need to buy SPARTA coins, fill the relevant “Buy SPA” form. When you click the amount next to the “Balance” line, the system will automatically calculate the amount in SPA you're going to receive in exchange for your entire balance amount based on the current price. You can also fill up the form manually by entering the amount and the price you want. To buy SPA immediately, set the price to the value of the first item in the “Buy Orders” list.  After you fill up the form, make sure all data you have entered are correct. If they are, click “Buy”.

After your order is executed, SPA coins will be displayed on your balance. If all parameters of the created order correspond to the current situation on the service (you have indicated the current price in the order and SPA sell orders for the required amount exist), the order will be immediately executed. Otherwise, the order will be executed in parts as matching orders are created by other exchange members.

You need to make similar steps if you select the SPA/USD trading pair.

How can I withdraw SPARTA from BTC-Alpha?

Click the icon that indicates your user name and select “Finance” in the context menu.

Select SPARTA from the cryptocurrency list and click the “Withdraw funds” line. The system will prompt you to choose one of the 2 options: transferring SPARTA to a wallet and creating a BTC-Alpha code.

If you want to withdraw funds from BTC-Alpha, use the option of making a withdrawal to the SPARTA wallet https://btc-alpha.com/billing/create-withdraw/SPA/Sparta/. Fill up form fields based on system prompts (indicated the transfer amount and the SPA wallet address you want to make a transfer to) and click “Funds to be withdrawn”.

You must confirm the request you have created on the next step. If 2FA is enabled, the system will request confirmation based on the selected 2FA type, and you will be sent a message to your e-mail address indicated during registration. If 2FA is not enabled, you will receive the message right away. Click the URL in the message to confirm the transfer.

Upon confirmation, your request will be set to the “Pending” status and then — to “Completed”. “Completed” means that your transaction has been sent to the SPARTA network and funds will be sent to your wallet after 1 confirmation in the blockchain. The transfer is rated as completely secure after 10 confirmations in the blockchain. You can track the status of your request on the web-page: https://btc-alpha.com/accounts/history/withdraws/.

Note. On BTC-Alpha all requests are manually processed by moderators. Therefore, funds withdrawal can take some time, from 20 min to multiple hours. When processing requests, priority is given to users with enabled 2FA.

Buy/Sell SPARTA https://sparta.top/exchange.html

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How Much Will You Earn When SPARTA Sees a Hike?


Many investors are most probably concerned with this question. One can currently buy SPA at a very attractive price, but in the future it could, in all probability, rise multifold. 

Assume you've bought SPA coins worth $100:

If the price rises twofold (Х2), your $100 will grow to $200;

If the price rises fivefold (Х5), you can sell your SPA for $500;

If the price rises tenfold (Х10), you can sell your SPA for $1,000;

If the price rises hundredfold (Х100), you can sell your SPA for $10,000.

Assume you've bought SPA coins worth $1,000:

If the price rises twofold (Х2), your $1,000 will grow to $2,000;

If the price rises fivefold (Х5), you can sell your SPA for $5,000;

If the price rises tenfold (Х10), you can sell your SPA for $10,000;

If the price rises hundredfold (Х100), you can sell your SPA for $100,000.

Assume you've bought SPA coins worth $10,000:

If the price rises twofold (Х2), your $10,000 will grow to $20,000;

If the price rises fivefold (Х5), you can sell your SPA for $50,000;

If the price rises tenfold (Х10), you can sell your SPA for $100,000;

If the price rises hundredfold (Х100), you can sell your SPA for $1,000,000.

All these examples are far from being a fantasy. Young, promising cryptocurrencies are capable of demonstrating amazing results in the mid and long term.

We've been promoting SPARTA on all fronts, and we're confident a bright future is there for us. Join SPARTA right now while it's still cheap — in the future you'll have an excellent chance to make a good profit!

Buy/Sell SPARTA https://sparta.top/exchange.html

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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) —

Have fun watching the news!

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Re: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.
« Reply #51 on: September 03, 2018, 11:30:34 AM »
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!

Buy/Sell SPARTA https://sparta.top/exchange.html

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Re: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.
« Reply #52 on: September 06, 2018, 07:25:44 AM »
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:

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.
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)
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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Re: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.
« Reply #53 on: September 10, 2018, 01:25:11 PM »
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!

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Re: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.
« Reply #54 on: September 13, 2018, 08:54:54 AM »
Buy and Sell SPARTA Directly on Our Website


We always look out for our users and their needs, trying to make using SPARTA more convenient which is why we have introduced another important feature that makes us stand out among other cryptocurrency websites.

We offer you an easy-to-use and convenient exchanger — please, follow the following direct link: https://sparta.top/exchange.html

What are the advantages of an embedded exchanger?

You can save a lot of time using the embedded exchanger — each SPA buy/sell transaction takes no more than 1–2 min. The form is streamlined to make it easy-to-use even for those who have never engaged in currency exchange. Buy/sell transactions are automatic and use the current SPA exchange rate — you will receive your tokens as soon as your payment is received.
Use of the embedded exchanger helps you avoid the need to register on cryptocurrency exchanges that have trading pairs with SPA, study their functionality and transfer the tokens to your wallet after the exchange. Using the embedded exchanger, you don't have to do any of that — it's easy-to-use and convenient even for “newbies”.

For details about how to use the exchanger, see the following publication — don't miss it! 

Buy/Sell SPARTA https://sparta.top/exchange.html

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Re: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.
« Reply #55 on: September 21, 2018, 10:23:11 AM »
Here Comes SPARTA’s New Design!


Dear friends! We’ve got some wonderful news for you — we have developed a new version of the official website with a new design!

The home page now contains a lot more useful information.
We have added forging guidelines to the “Earning opportunities” section.
We have added monitors and platforms for cryptocurrency tracking and trading.
We have added other useful details.
We have corrected mistakes.
The new style and colors are more ergonomic.
Overall, the website has become easier to use!

Hopefully, you are going to like it. Enjoy browsing our website.

Web-site URL: https://sparta.top/

Sincerely yours, SPARTA Team.

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Re: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.
« Reply #56 on: September 24, 2018, 07:45:57 AM »
Block Reward to be Halved on October 6


Dear friends! SPARTA will cut down forging reward by half on October 6, 2018.  Reward per block will be reduced from 8,000 SPA to 4,000 SPA.

This strategy has proven to be an excellent option for Bitcoin.  It protects against inflation, curbs supply growth and ensures rise of coin price.

You still have time to start forging before the reward reduction and earn 8,000 SPA per block.

How to start forging - https://bitcointalk.org/index.php?topic=2394796.msg38864337#msg38864337

Best regards,  SPARTA Team
« Last Edit: September 25, 2018, 05:01:03 PM by SPARTA »

Marked as best answer by SPARTA on September 26, 2018, 12:03:46 AM

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Re: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.
« Reply #57 on: September 25, 2018, 02:38:51 AM »
I like the idea, thanks for sharing!
The following users thanked this post: SPARTA

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Re: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.
« Reply #58 on: September 25, 2018, 05:05:29 PM »
I like the idea, thanks for sharing!




blitzkten, glad you like it.

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Re: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.
« Reply #59 on: October 02, 2018, 12:13:08 PM »
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

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Re: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.
« Reply #60 on: October 06, 2018, 10:02:29 PM »
if you need real members on your telegram group contact us

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Re: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.
« Reply #61 on: October 08, 2018, 05:58:01 AM »
if you need real members on your telegram group contact us


Icobooster, thank you for the offer, but we have only real members in the group telegram[/size][size=78%].[/size]

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Re: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.
« Reply #62 on: October 08, 2018, 05:58:32 AM »
It's official now! The reward per block has been halved.


Dear friends! SPARTA has halved its forging reward. The reward is now 4,000 SPA per block instead of 8,000 SPA.

If you think it's a bad thing, we want to assure you it's certainly not. Halving has proved to be highly efficient in Bitcoin. It mitigates inflation, curbs supply and boosts price growth which is good news.

Sincerely yours, SPARTA Team!

Buy/Sell SPARTA https://sparta.top/exchange.html

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Facebook — https://www.facebook.com/Sparta-Simple-Fast-Reliable-144359956205380/
Twitter — https://twitter.com/SPARTA_core
Telegram — https://t.me/SPARTAcore
Reddit — https://www.reddit.com/r/altcoin/comments/7ek8bd/spa_sparta_a_proofofstake_cryptocurrency_simple/
Medium — https://medium.com/@SPARTAcore
Instagram — https://www.instagram.com/sparta.top/ 

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Re: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.
« Reply #63 on: October 22, 2018, 11:09:40 AM »
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!

Buy/Sell SPARTA https://sparta.top/exchange.html

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Reddit — https://www.reddit.com/r/altcoin/comments/7ek8bd/spa_sparta_a_proofofstake_cryptocurrency_simple/
Medium — https://medium.com/@SPARTAcore
Instagram — https://www.instagram.com/sparta.top/ 

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Re: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.
« Reply #64 on: October 25, 2018, 01:30:32 PM »
By Using SPARTA, You Can Preserve Your Incognito


Confidentiality of financial transactions is important for a lot of people, but banks cannot ensure it. They require all customers to provide their personal data — they can't do without it.

By using a bank, you're always “on the hook”

The bank has access to the information about all of your receipts and payments: purposes, amounts and dates. Whenever you receive money, the bank can see it. Whenever you withdraw cash, the bank can see it. Whenever you use your card to pay for gasoline at a filling station, to book a room at a hotel or buy a product in a store — the bank can see it, too. By using your card, you disclose all your receipts and expenses to the bank.

It means this information may become available to anyone — after all, there's no guarantee the bank personnel is 100% decent and honest. Unfortunately, the human factor is a huge disadvantage in matters like this. The fact is customers put their trust in bank employees blindly and may become victims of negligence, fraud, stalking or blackmail at any time. This is no fantasy; it's real. How can you change the situation?

Use SPARTA — no one will be able to control you

The SPARTA network requires no data to be provided — all transactions are anonymous (or, to be more exact, pseudonymous). No one can figure out you're involved in any payments unless you disclose this information yourself. You would probably agree that having no third parties that know the size of your wealth and the expenses you incur makes you a lot more relaxed since you don't have to worry about a potential robbery, fraud or any other illegal actions, especially the ones involving hazards to life.

You're completely safe with SPARTA. Start using it now and join us in developing it. Your peace of mind and wealth are in your own hands!

Buy/Sell SPARTA https://sparta.top/exchange.html

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Re: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.
« Reply #65 on: November 01, 2018, 06:47:14 AM »
SPARTA's Advantages as Compared to DASH


As you know, SPARTA has a number of advantages as compared to other cryptocurrencies. Today, we're going to talk about its advantages over DASH.

Why is SPARTA better than DASH?

In the DASH network, a block is generated once in 2.5 min, on average — in the SPARTA network, this time period is 1 min. In other words, a transfer is confirmed by 2.5 times faster.
Fees in the DASH network exceed 10 cents while in SPARTA they're barely 1 cent. SPARTA transfers are a hundred times more profitable.
To receive maximum reward for supporting DASH network operations, one needs to buy 1,000 DASH coins which amounts to hundreds of thousands of dollars. To receive maximum reward for supporting SPARTA network operations, one can own 1,000,000 SPA which costs a thousand times less.

SPARTA is a lot more attractive — it's faster and more economical and gives you a lot more chances to make profit.  Join SPARTA today and build a new future with us!

Buy/Sell SPARTA https://sparta.top/exchange.html

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Reddit — https://www.reddit.com/r/altcoin/comments/7ek8bd/spa_sparta_a_proofofstake_cryptocurrency_simple/
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Re: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.
« Reply #66 on: November 07, 2018, 09:38:06 AM »
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!

Buy/Sell SPARTA https://sparta.top/exchange.html

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Reddit — https://www.reddit.com/r/altcoin/comments/7ek8bd/spa_sparta_a_proofofstake_cryptocurrency_simple/
Medium — https://medium.com/@SPARTAcore
Instagram — https://www.instagram.com/sparta.top/ 

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Re: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.
« Reply #67 on: November 08, 2018, 06:42:46 AM »
BOOM! How did you like today’s SPARTA movement? Activity increased multifold, the low season is over!


The volume of trading on both exchange platforms has exceeded 69,000,000 SPA (2 BTC | $ 13,000) in the last 24 hours!

The latest trades were buy transactions worth 3 satoshi that also included buy transactions of millions of SPA in large amounts! A positive upward trend is clearly visible! Ride the wave — buy SPA!

Lots of new buy orders worth over 100 mln SPA in total have been created in the last 24 hours!

Wonderful news, friends! We’re only moving forward!

Buy SPARTA here:
https://sigen.pro/trading/SPABTC  or here: https://btc-alpha.com/exchange/SPA_BTC/ 

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Re: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.
« Reply #68 on: November 13, 2018, 03:56:14 PM »
SPARTA turns 1 year!


Dear friends, today is a big day for our cryptocurrency. A year ago, on November 13, 2017, our Whitepaper was published and SPARTA started on the path to building new financial relations — truly fair and honest.

During the first year:

All website materials have been translated into 20 languages.
The community has grown by over 10,000 users.
A half of all existing coins has been forged. The reward for forging has been halved resulting in the shortage of coins.
We have added opportunities of trading SPARTA in exchange for BTC, USD, LTC, BCH, DASH, ETH, ETC, PZM, ZEC. https://sigen.pro/trading, https://btc-alpha.com/exchange/SPA_BTC/, https://btc-alpha.com/exchange/SPA_USD/
We have added opportunities of buying/selling SPARTA in exchange for the world's fiat currencies on our P2P platform. https://sigen.pro/react/trade/SPA
We have released an updated forging app with an easy-to-use and user-friendly interface and detailed user guidelines.
About 500 active nodes have joined the network all over the world!
SPARTA has been added to 4 popular monitors: CoinGecko, Coincodex, Coinranker and Worldcoinindex.
SPARTA has launched its channels and accounts on social media: Telegram, Twitter, Instagram and Medium.
We have published over 100 unique posts on social media and forums related to SPARTA and cryptocurrencies in general.
We have designed a new website: more user-friendly and educational.
We have arranged a powerful Bounty campaign with bonuses amounting to 3 mln SPA per user.

We're now still at the start of this path. SPARTA is a new cryptocurrency with extensive future plans and powerful ambitions. We have a long path ahead of us, and we will follow it to success. We wish all users a happy SPARTA anniversary!

Thank you for joining us!
Sincerely yours, SPARTA Team!
https://sparta.top/


 

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