Last UpdatedJanuary 2023
ScPrime is a cryptocurrency project targeting public cloud services with a blockchain based ecosystem to pay individuals to store data around the globe using smart contracts and cryptographic proofs to ensure accuracy, security and redundancy.ScPrime is a layer 1 blockchain based on Proof of Work ASIC mining and state channel smart contract scripts tying Storage Providers together. The network is based on the original Sia renter-host protocol and uses 256-bit encryption and erasure codes to create a highly durable and secure public distributed cloud service. Anyone may participate as a storage node and be paid in the utility coin known as SCP. Open-source software allows users to build generic configurations while commercial implementations like the XaMiner deliver a plug & play experience.A layer 2 reference implementation brings real world access to the network with a core client software called a Relayer, which can be configured as an on-premise or in-cloud instance to access the network with full compatibility with widely used cloud protocols like AWS S3. Customers using this client pay with traditional methods and have a wide array of features allowing for a drop-in replacement of their current cloud uses.
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