ScPrime to USD Price Chart

ScPrime Statistics

Market Rank	#1721
Market Cap	$ 5.4M
Volume 24h	$ 14.1K
Circ. Supply	55.8M
Total Supply	55.8M
Max Supply	65.0M
Genesis Date	30/10/2018

What is the current price of ScPrime (SCP)?

The current price of ScPrime (SCP) is $ 0.09727700. In the last 24 hours, the price has increased by +5.30%%. It is essential to note, however, that the price of cryptocurrencies can be exceptionally volatile.

What Is ScPrime (SCP)?

ScPrime is a decentralized cloud storage platform offering enterprise-grade object storage solutions. It leverages a sharing economy model on a global scale to manage large, unstructured data sets. ScPrime aims to cater to mid-market or small and medium enterprises (SMEs) with a primary focus on backup and disaster recovery services. The platform also eyes future expansions into areas such as surveillance footage, Internet of Things (IoT) data management, medical scanner images storage, and more. By opting for a distributed datacenter approach, ScPrime is positioning itself to be part of the fast-growing public cloud market, which is moving away from traditional centralized architectures.

Who Is Behind ScPrime?

The team behind ScPrime comprises individuals with a blend of expertise in areas such as cloud infrastructure, enterprise storage, and blockchain technology. With the goal of creating a more distributed and accessible cloud storage marketplace, they have developed the ScPrime platform to address the concerns of data security and privacy entrenched in current centralized solutions.

How Does ScPrime Work?

ScPrime works by allowing individuals and enterprises to rent out their unused storage space, creating a decentralized cloud storage marketplace. This approach shifts away from conventional, centralized cloud storage services to a peer-to-peer system where users can engage directly with storage providers. Data on the ScPrime network is split into multiple pieces, encrypted, and spread across various nodes, ensuring enhanced security and redundancy. Enterprises utilizing ScPrime's services benefit from competitive pricing and a robust backup and disaster recovery scheme owing to the distributed nature of the platform.

What Makes ScPrime Unique?

The unique selling point of ScPrime is its focus on providing a distributed datacenter solution that caters to enterprise-level requirements. This includes specialized offerings like backup and disaster recovery tailored for small to medium-sized businesses. Unlike traditional cloud storage services, ScPrime ensures data remains secure and private through its encryption and distribution across numerous nodes worldwide. Its utilization of a sharing economy model allows for scalability and potentially lower costs compared to centralized competitors.

How Is ScPrime's Network Secured?

The security of ScPrime's network hinges on its decentralized infrastructure, where data is encrypted and stored across multiple nodes, making it far more resilient to hacking and server downtimes. Each storage transaction on the platform is also facilitated through smart contracts, which provide an additional layer of security and trust between parties. Moreover, nodes are incentivized to act honestly and maintain data integrity due to the economic rewards of the platform.

How Much ScPrime Is in Circulation?

The current circulating supply of ScPrime (SCP) is 55.8M, and the data for the total supply is set at 55.8M. These figures are subject to change as the network dynamics evolve and more users participate as storage providers.

What Role Does ScPrime Play in Data Storage?

ScPrime's role in data storage is to provide an alternative to traditional centralized cloud services by leveraging blockchain technology for a more secure, private, and cost-effective solution. With its decentralized network, it offers backup and disaster recovery services that are scalable and reliable for businesses of any size.

How Can You Participate in the ScPrime Network?

Individuals and businesses can participate in the ScPrime network both as customers and as storage providers. By renting out their unused storage capacity, participants can earn SCP tokens, while those in need of storage services can benefit from a potentially more affordable and secure option than conventional providers.

Where Can You Buy ScPrime (SCP)?

ScPrime (SCP) can be purchased on a variety of cryptocurrency exchanges listed on their official website. The specific exchanges currently offering SCP include TradeOgre, CoinEx, SouthXchange, Probit. Always ensure to use reputable platforms and follow best practices when buying or trading cryptocurrencies.

How Do You Keep Your ScPrime (SCP) Safe?

Keeping your ScPrime (SCP) safe involves storing your tokens in a secure wallet. Users often have a choice between hardware wallets, which offer robust security by storing tokens offline, or software wallets, which are more convenient but typically less secure than hardware alternatives. It is crucial to safeguard your private keys and avoid sharing them with anyone. Regular backups and enabling additional security features like two-factor authentication (2FA) can further enhance the safety of your digital assets.

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