Sprouts price is $0.00000000
As of now, Sprouts (SPRTS) is valued at $ 0.00000000 USD. It has had a +0.00% change in the last 24 hours, with a trading volume of 0.1.
Sprouts is a cryptocurrency, initially created and expanded by its early developers. Its prominence arises in part from its high PoS reward rate of approximately 2% per day. For about three years, the development of Sprouts had been halted, causing ongoing dilution of the currency's value and triggering inflation. However, some volunteers who saw potential in Sprouts decided to begin operations as the unofficial management in January 2018, gradually forming a new community. As of now, a growing number of new holders attracted by the potential of Sprouts are assembling.
Sprouts was developed by an initial development team who worked on it for three years. However, they halted development and the qualification and the currency value depreciated over that period. The development project was transferred to a group of volunteers who saw potential in the project in March 2018.
Sprouts works on the basis of the Proof of Stake (PoS) consensus algorithm. Originally, it had very high PoS rewards, up to 2% per day. However, this led to inflation and the currency's value depreciated. In an effort to reverse this, the new development team decided to hard fork the coin in March 2018.
In June 2018, the team conducted tests of a new wallet that adopted new specifications based on Peercoin, which were then made public. Detailed information on the Sprouts concept and PoS reward specification changes due to the hard fork can be found in the project's whitepaper.
Sprouts cryptocurrency currently holds the #1 position in the cryptocurrency market, with a market capitalization of $ .
There are currently Sprouts (SPRTS) in circulation.
Sprouts (SPRTS) cryptocurrency can be purchased on several exchanges. Currently, it is available on the following exchanges: CoinExchange, Cryptopia. Ensure that you're dealing with credible platforms in order to maintain the safety of your assets.
The fact Sprouts was revived by a team of volunteers makes it unique in the world of cryptocurrencies. This team saw promise in the project and was able to grow the community of Sprouts holders significantly. Moreover, the hard fork initiated by this team to combat the dilution and inflation of the currency value further sets Sprouts apart.
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