Coin Features
The currency
Sparks is the underlying currency fueling our project, which will at first be used to pay for all services provided, and further down the line can be used as a real alternative to fiat currencies between people and merchants around the world.
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NeoScrypt Algorithm
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120 Second Lightning-Fast Block Time
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Difficulty Adjustment Each Block (Dark Gravity Wave v3)
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Proof of Work + Masternode Verification
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Low Transaction Fees
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InstantSend
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Decentralized Governance + Community Voting
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Private Transactions
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Max Supply: 21 Million
Masternodes
Transactions are validated on the Sparks blockchain through Proof of Work as well as masternodes. Masternodes and miners that contribute to the network are rewarded for their work with Sparks coins.
Masternode Collateral: 25.000 SPK
Block Reward: 3.55555555 SPK
Masternode Reward: 80% of block reward
Mining Reward: 20% of block reward
Latest Blog Posts
Tutorials and useful info about Sparkspay
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