Sparta Core (SPA)

SPARTA is a new cryptocurrency that uses blockchain technology and was created by a team with 3 years of cryptocurrency experience and 6 years of 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 billion). Of these, 10% or 888,888,888 (~900 million) 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, SPA1APoGEhZF6spoqniQn8rBVAz2WgNoaUuw.
• Apella (APL) is the smallest fractional unit of the cryptocurrency, equal to one 100 millionth (0.00000001).