As I was already saying in this article, I am not trying to promote Sparkster, because it is such a good project, that it simply doesn’t need me to promote it. More than this, I was announcing in the same article, that I plan to write three articles on this amazing project, a sort of a trilogy, for a very simple reason: there is so much to talk about Sparkster, that a single article would be too long and hard to follow. Breaking the main points in three articles seemed like an obvious choice to me, so that I would have the possibility to focus on the main topics that I wanted to cover: the good (the numerous advantages of this project), the bad (the potential challenges that it will have to face) and the SPARK (the brilliant parts of this project, that can help it to perform outstandingly in the crypto-sphere).
DISCLAIMER: This is NOT financial advice!
This being said, let’s try to focus on the main factors that can help Sparkster stand out as one of the most promising projects that could deliver a real functional product, at the same technological level that it already claims it will. There are enough projects in the cryptospace that claim to come with outstanding improvements or performances. Most of them start to delay delivering a real product and are citing various reasons for that. It’s not Sparkster’s case, as we’ll see right away. Let’s start talking about the SPARK, as I like to call the brilliant idea(s) behind one of the most promising projects of 2018!
Part 3 - The SPARK
It’s hard to decide what to mention here first, but I think that the most game-changing advantage that Sparkster will have over the competition will be plain English programming. I know that I’ve expressed my concerns regarding its success in the short-term, but on the long-term this will be successful! Why is that?, you might ask…
The answer is pretty simple: the blockchain technology is still in its early days. People still lack the required programming skills, in order to create applications. This means that even if we would already have the infrastructure we need (and I mean an already deployed and secured infrastructure), without the applications built on top of it, the mass adoption wouldn’t come too easy or this early. People need to understand what they use, as otherwise they will be reluctant about it. Without mass adoption, we’ll have fewer programmers interested.
But what if people get interested, but they really lack the programming skills for contributing to the development of this space? Here it comes Sparkster and saves the day! Plain English programming will allow anyone to create the applications they want to. Imagination will be the limit! And with so many people still to discover the plenty of benefits that the blockchain technology could offer, that limit is still pretty far away! :)
Secondly, another promising feature that Sparkster aims to achieve is to offer tens of millions of transactions per second (TPS)! And the team plans to do it not only for a small number of users, but for millions of users worldwide!
There are many projects that came out in the last months and were emphasizing the fact that they were aiming to bring higher speeds into the crypto-sphere, speeds that were incomparably higher than those of Bitcoin or Ethereum. Some of those projects managed to achieve some good speeds (but not the highest speed they claimed they will), while others are still trying to procrastinate. The speed that Sparkster claims to achieve is incredibly high, but there is something that helps it stand out from the crowd. And here we come to speak about another wise move.
There’s nothing more vital for a project like Sparkster, given its progress stage (let’s not forget that it’s still in its ICO stage), than being able to prove that its claims are real and backed by a functional product, even if it’s in its Alpha or Beta. Well, the team was smart and waited for the project launch only after they were able to back it up with a functional product (even if it is still in an MVP (Minimum Viable Product) stage), capable of achieving 52,963 TPS (transactions per second), as of lately.
That’s a huge number, if compared to so many other projects that already managed to secure billions of dollars in funding, after having enough time (some of them even years) to try to improve their technology. Of course it’s a small number, if compared with the tens of millions of TPS that the team aims to achieve by the time the product will be fully functional. It must be mentioned, though, that the work is still in progress, so there is nothing to worry about.
The last but not the least, even if it’s not something related to the technology behind Sparkster, it worth mentioning that the way the team chose to perform the bounty campaign was a really smart one. Let me explain you why!
Usually, the bounty campaigns are planned in such a way, that the users are rewarded for helping the project promote itself. There are some projects that ensure their popularity by deciding the crowdsale participants via a lottery system. Well, Sparkster decided to use both of these approaches: 25% of the tokens will be sold to the crowdsale participants (decided via a lottery system), while 75% of the tokens will be sold to the bounty campaign participants.
Why is this so different, in my opinion? Because it gives a strong incentive to the bounty participants, so that they will promote the project not only thanks to the tokens rewards, but also because this is the easiest way for them to be able to buy tokens during the crowdsale. A smart move from the Sparkster team, as well as a convenient way for people to secure their crowdsale allocation, if you ask me!
Given all the above-mentioned features, I honestly think that Sparkster is one of the very few projects that have what it takes to outperform people’s expectations. The team had some brilliant ideas that were implemented as well, so this is not one of the so many whitepaper ICOs. Since I mentioned it, you should make sure to do your own research! And what a better way to do it, other than reviewing the Sparkster Whitepaper or its Bitcointalk thread?
This being said, this is the end of my trilogy on Sparkster. It’s an amazing project and those of you who still don’t think so, will soon have the chance to see how ambitious the Sparkster mission is. Just give it some time. Let the SPARK make the future bright! ;)
PS: In case you have any questions, you can also find me on Bitcointalk!