SFR-Exchanger

Page 3 of 3 FirstFirst 123
Results 21 to 23 of 23
  1. #21
    Junior Member

    Join Date
    Mar 2018
    Age
    30
    Posts
    23
    BMF$
    2.00

    Re: [SPA] SPARTA A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.

    How to send SPA?





    • 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).
    Last edited by SPARTA; 05-16-2018 at 08:50 AM.

  2. # ADS
    Circuit advertisement
    Join Date
    Always
    Age
    2010
    Posts
    Many
    SFR-Exchanger

     

  3. #22
    Junior Member

    Join Date
    Mar 2018
    Age
    30
    Posts
    23
    BMF$
    2.00

    Re: [SPA] SPARTA A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.

    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
    Last edited by SPARTA; 05-17-2018 at 12:58 PM.

  4. #23
    Junior Member

    Join Date
    Mar 2018
    Age
    30
    Posts
    23
    BMF$
    2.00

    Re: [SPA] SPARTA A Proof-of-Stake Cryptocurrency. Simple. Fast. Reliable.

    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.
    Last edited by SPARTA; Yesterday at 12:36 PM.

Page 3 of 3 FirstFirst 123

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Earn 50$+ a day || fast || payment proof || + bonus method || new
    By caoc69 in forum GPT (Get Paid To) Programs Discussion
    Replies: 0
    Last Post: 05-09-2017, 02:18 PM
  2. forex trading simple or not simple?
    By lajaus in forum Forex Discussion
    Replies: 15
    Last Post: 07-26-2016, 02:48 AM
  3. Fast , Reliable & Secure Ecurrency exchange services
    By sfr-exchanger in forum Member to Member e-currency exchange
    Replies: 33
    Last Post: 01-28-2016, 07:00 AM
  4. Fast & Reliable :Exchange/Buy/Sell : Neosurf,Bitcoin,BTC-e,PM,WM,WU,SEPA,etc
    By Denaro in forum Member to Member e-currency exchange
    Replies: 0
    Last Post: 09-07-2015, 10:55 AM
  5. Fast & Reliable:Good Rate :Exchange: Neosurf,Bitcoin,BTC-e,PM,WM,WU,SEPA,etc
    By Denaro in forum Member to Member e-currency exchange
    Replies: 0
    Last Post: 07-31-2015, 12:33 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •