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ScPrime
SCP

$0.10
Market Cap
-6.95% $5,139,585
Fully diluted market cap
$5,853,800
Circulating supply
48,096,113 SCP
Total supply
48,096,113 SCP
Max. supply
-
Volume 24h
-7.22% $4,522
Volume/Market cap (24h)
+0.09%

Official Links

Ratings

Average ratings from the community
4.5
100 Ratings
Average ratings from the community
This content is for informational purposes only

logo
ScPrime
SCP

$0.10
1D
7D
1M
3M
1Y
ALL
Market Cap
-6.95% $5,139,585
Fully diluted market cap
$5,853,800
Circulating supply
48,096,113 SCP
Total supply
48,096,113 SCP
Max. supply
-
Volume 24h
-7.22% $4,522
Volume/Market cap (24h)
+0.09%

SCP Price Calculator

SCP
USD
1 SCP equals $0.10 United States Dollar
Last updated 2024/11/14 08:00:13 (UTC)

Official Links

Ratings

Average ratings from the community
4.5
100 Ratings
Average ratings from the community
This content is for informational purposes only

SCP Market

SCP Market Stats

24h Low & High
Lowest Price
$0.10
Highest Price
$0.11
All Time High
$3.59
Price Change(1h)
+0.04%
Price Change(24h)
-6.87%
Price Change(7d)
-2.94%

SCP Price Live Data

The live price of ScPrime is $0.10 per (SCP/USD) today with 24-hour trading volume is $4.52K USD. SCP to USD price is updated in real-time. ScPrime is -6.87% in the last 24 hours.

SCP Price Performance

24DAYS
$-0.0079
-6.89%
30DAYS
$-0.047
-30.97%
90DAYS
$-0.14
-57.69%
1YEAR
$0.0062
+6.20%

About ScPrime (SCP)

***

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.

***Evolution, Then Revolution***

This is a core manifesto about transitioning to Web3 while maintaining real-world compatibility. As blockchain, public key cryptography and utility currencies gain acceptance, SCP software will evolve to meet the need, growing a competitive global network and advancing anti-fragile decentralization over time. Radical cost benefits are a natural result.

At the genesis block on October 31, 2018, a premine rewarded the Sia community and developers as well as covering expenses for community participants to operate mining pools and initial exchange listing costs. A large cold wallet balance was also created for network development. Details of the genesis block are available at https://scpri.me/project-specifications

***Securing the Network***

The ScPrime blockchain is Proof-of-Work - Blake2B consensus algorithm with 10 minute blocktimes and an aggressive difficulty adjustment algorithm. The Genesis reward was 300 SCP declining by 0.001 SCP per block with a 10 SCP floor approximately five years from Genesis. A declining project fee was included in the first two years for developer funding. After block 105,000, 10% of each block reward is sent to an unspendable address to reduce inflation/supply for the duration of the project.

Sybil and other data disruption attacks are mitigated with a system of collateral put up by Storage Providers equal to the other side of any given contract. Collateral is locked and unavailable while the contract is active. When successfully completed, it is returned to the Provider. If for any reason, the Provider fails a contract, the Collateral is sent to a burn address to prevent an attack vector built to steal the collateral.

For durability and taking advantage of the unique nature of a widely distributed network, datasets are chunked into shards via standard Erasure Coding (Reed Solomon).Data/Parity ratios are determined by the customer inside the Relayer client based on desired durability, geolocation of data, latency and other network performance indicators. The use of EC creates extreme redundancy as only a fraction of uploaded data nodes need be available to retrieve the whole dataset.

How to Buy SCP on an Exchange

Step 1: Choose a Reputable Exchange Platform

Select a trusted platform from among many available options for purchasing SCP. Some reputable platforms include LBNK, Okx, Kraken, and others.

Step 2: Register an Account

Here, we'll register an account on the OKX (registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.

Step 3: Complete Identity Verification

For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.

Step 4: Link Bank or Payment Method

Link your bank account or other payment methods to the exchange platform for making payments when purchasing SCP.

Step 5: Purchase SCP

Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of SCP you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy SCP.

Step 6: Store Your SCP

After purchasing, you can choose to store your SCP in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.

Step 7: Security Reminder

To protect your exchange account and SCP assets, be sure to use a strong password and enable two-factor authentication.

SCP Price:The price fluctuates daily, and as of first half of 2024, the highest price for SCP was $3.60.

Recommended Similar Coins: LEET, GENO

Recommended Exchanges for Trading: etoro

SCP To Local Currency

Last updated 2024/11/14 00:00:03 (UTC)

How To Buy ScPrime

When it comes to buying crypto, you have a lot of options. Our guide will provide step-by-step instructions on how you can buy ScPrime and help you discover other cryptocurrencies similar to ScPrime.

FAQ

Q
What is the current price of ScPrime?
A
We update our ScPrime to USD price in real-time. Get the live Price of ScPrime on CoinMapAi.
Q
What is the 24 hour trading volume of ScPrime?
A
Over the last 24 hours, the trading volume of ScPrime is $4.52K.
Q
What is the all time high of ScPrime?
A
The all-time high of ScPrime is $3.59. This all-time high is highest price paid for ScPrime since it was launched.
Q
Where can I buy ScPrime?
A
ScPrime can be purchased on multiple centralized exchanges. Please check our buying guide: buy ScPrime guide.
Cryptocurrency investment activities, including actions done to buy ScPrime online via OKX, are subject to market risk. OKX provides easy and convenient ways for you to buy ScPrime instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your ScPrime purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.

CoinMapAi is your gateway to the Web 3 world, serving as a guide to help you quickly familiarize yourself with and enter the world of cryptocurrency.

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