SpreadCoin (SPR)

What is SpreadCoin (SPR)? SpreadCoin is a decentralized cryptocurrency designed to provide users with a secure and private method of making payments. It was developed to offer users increased protection from cybercrime, identity theft, and other online security vulnerabilities. The project is the product of the collaboration between a team of three developers and one man known as “The Spreadcoin Project”, who is responsible for the ongoing development and support of the project. Who founded SpreadCoin? SpreadCoin was founded by a team of three developers and “The Spreadcoin Project” in early 2014. The three developers, who remain anonymous, were looking for a way to create a currency that was more secure and private than other crypto-currencies. What Makes SpreadCoin Unique? SpreadCoin is unique in several ways. Firstly, it uses a different approach to consensus called ‘spreading’. This lets transactions occur without the need for miners, making the transactions much faster and more secure. Secondly, it utilizes Stealth addresses, a cryptographic method which creates one-time addresses for every transaction to ensure user anonymity. Lastly, it has added an extra layer of security to the core protocol by incorporating a token called ‘Grin’. Grin is used to confirm and authorize transactions, making them even more secure and private. Where is SpreadCoin Used? SpreadCoin is used primarily as a payment method. It can be used to purchase goods and services online, such as apparel, electronics, and gift cards. It can also be used to pay for services, such as hosting or web development. Where Can You Buy/Sell SpreadCoin? SpreadCoin is currently available on several cryptocurrency exchanges, including Bittrex, Upbit, and OKEx. It can also be bought and sold peer-to-peer on sites such as LocalBitcoins. In conclusion, SpreadCoin is an interesting cryptocurrency project that offers users enhanced levels of privacy and security. Its use of stealth addresses and the Grin token are unique features that make it stand out from the other crypto-currencies. It is also relatively easy to buy and sell, making it accessible to anyone interested in making use of its features.