Sparkster - An easy to digest explanation of Sparkster!
Sparkster has its own blockchain.
Except for having its own blockchain, Sparkster also has 2 other use cases:
- It is a cloud computing platform.
- It helps people create DApps on their platform using the drag and drop method.
Tokens have immediate utility
People can design software on the platform and sell it to others in exchange for tokens – think of it like an App marketplace. This is in place today so tokens will have an immediate utility.
Scalable!
- 52k tps is proven - Sparkster is aiming for 10 million tps.
- Eth is 15 tps. Sparkster is 3466x faster than Etherum already!
It uses the Proof of Stake algorithm in order to increase scalability. This is something Ethereum will also do in 2020. However, Sparkster is ahead of them in implementation and Sparkster combines both of them to enhance security.
There are 3 staking nodes that will help with scalability.
Sparkster is Proof of Stake and Proof of Work.
- Compute node (proof of stake)
- Storage node (proof of stake)
- Verification node (proof of work)
With these nodes, you can earn passive income for helping with the network being scalable. The more nodes there is, the closer Sparkster will be to achieve the goal of 10 million tps.
Plan to integrate with the biggest blockchains!
While other blockchains see their competitors as enemies, Saj, the CEO of Sparkster, sees them as potential partners in order to integrate their platform into Sparkster’s blockchain for a cross-chain technology.
Mainstream adoption!
Can you use a spreadsheet? With the same amount of skills, you can create a DApp on the Sparkster platform! You can then sell these DApps on the App Marketplace for Sparkster Tokens.