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Author Topic: [SPA] SPARTA – A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.  (Read 4096 times)

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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!

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

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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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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 #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!

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

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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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Medium — https://medium.com/@SPARTAcore
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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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Block Reward to be Halved on October 8


Dear friends! SPARTA will cut down forging reward by half on October 8, 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

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