ScPrime is a blockchain-based, secure, global cloud storage network offering passive income through decentralized data hosting. More
| Fully Diluted Valuation | $2.29M |
|---|---|
| 24H Trading Volume | $3,834 |
| 24H Low / High | $0.04 / $ 0.04 |
| Circulating Supply | 56.19M |
| Total Supply | 56.19M |
| Max Supply | 65.00M |
| Categories | Big Data 5 more |
|---|---|
| Founder | Kenneth Scott Bell |
| Website | scpri.me |
| Socials | 4 more |
| Explorer | Solscan 3 more |
| Name | Pair | OG Score |
|---|
ScPrime, launched in 2018, stands as a pioneering cryptocurrency project that revolutionizes public cloud services through a unique blockchain-based ecosystem. At its core, ScPrime offers a distributed cloud service, utilizing state channel smart contracts and cryptographic proofs to ensure the utmost security, accuracy, and redundancy. This system enables individuals globally to participate as storage nodes, being compensated in SCP, the utility coin of the network. The foundational technology of ScPrime is its layer 1 blockchain, reliant on Proof of Work ASIC mining, and harnesses the power of 256-bit encryption and erasure codes for robust data protection.
The network's genesis block, initiated on October 31, 2018, marked a significant milestone, rewarding early adopters and community members while establishing a solid foundation for future growth. The ScPrime blockchain operates on the Blake2B consensus algorithm, with a distinctive structure of rewards and developer funding. Furthermore, the network employs a sophisticated approach to data security, using collateral systems to mitigate Sybil and other data disruption attacks, thus ensuring the integrity and reliability of storage contracts.
ScPrime's architecture is not just about secure storage; it is a bridge between traditional cloud services and the emerging Web3 paradigm. Its layer 2 reference implementation and compatibility with popular cloud protocols like AWS S3 signify a seamless transition for customers to a decentralized ecosystem. With its commitment to environmentally friendly practices, end-to-end encryption, and passive income opportunities for participants, ScPrime exemplifies a future where cloud services are more secure, accessible, and in harmony with the principles of decentralization and digital transformation.
ScPrime's uniqueness lies in its layer 1 blockchain, which utilizes Proof of Work ASIC miners and smart contract scripts to connect Storage Providers. It's based on the Sia renter-host protocol and uses 256-bit encryption and erasure codes, ensuring a highly secure and durable cloud service. Participants can earn SCP, the utility coin, for providing storage.
The founder of ScPrime is Kenneth Scott Bell. He has structured the ScPrime system into various teams to manage different aspects of the project, ranging from IT to security mechanism development.
Due to ScPrime's privacy policy, specific names of early adopters and angel investors remain confidential.
You can buy ScPrime (SCP) on CoinEx cryptocurrency exchanges.
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