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Author Topic: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.  (Read 4214 times)

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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!

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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!

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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! 

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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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