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This guide will be an evolving document that will help ScPrime Storage Providers maximize their provider instances as well as deal with any issues that arise as the network comes to scale.

Drive Compression (Windows based providers)

Over the course of building out the ScPrime network, the tech support team has noticed that Storage Providers running on Windows can see extremely long waits while their storage folders are initialized. One possible work around is to compress the folders where you are storing your ScPrime data. This can reduce the wait time dramatically. …


From the team…

Development status

To begin, we are opening the dev call to the public this Tuesday to chat about the info that follows. If you have time, please join us here in Discord at 1pm EST.

First, some background. After the fork, we determined the need to write our own stack as an abstraction on servlets that implement the core sia protocol. These are us, muse, walrus and shard. Our thing is tailoring an S3 gateway, customer authentication/billing, databasing for metadata and our own solution to asynchronous contract access. Also, we needed to implement our own renter which specifies desired contract sets, makes erasure coding and encryption calls and coordinates the upload/download of actual data from the customer to the Provider network.

It’s a very big job because in many ways, we are rewriting the largest section of sia coding AND we have to make compatible all the stuff that makes AWS great.

We completed the S3 gateway including multi-part uploads (a sticky item for everyone doing S3 compatibility) and started initial testing via Commvault using manual contracting and wallet operations. Small datasets worked nearly perfect but the Relayer/storage network choked on bigger data sizes/amounts. This led us to the creation of a microservice we call Hostio, which initially was built to offload the S3 logic from the renter. The module gives the renter time to deal with locking issues and over time is intended to be a completely stateless module which is useful at scale and for ongoing testing of feature rollout.

But we quickly realized that we would need to rewrite a whole set of methods making up a module called PseudoFS and it became clear that was probably wasted time. Instead, we decided to bite the bullet and flesh out Hostio fully so that it includes buffers and cacheing. It sits at the center of the Relayer and does the heavy lifting between customer upload/download tools and the Storage Provider network. …


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On 11/25/2020, a hard fork occurred on the ScPrime blockchain to reset the emission of ScPrimeFunds. Exchanges and mining pool operators were notified well in advance and most updated without issue. One pool operator and one exchange failed to have version 1.5.1 operational at the fork, with miners continuing to find blocks on a shorter, legacy chain after the fork. Some technical issues have arisen from this, so this short tech support guide was created to help community members who may encounter problems post fork.

Stuck between block 109,000–109,999

The easiest way to discover if you’re not on the correct chain is to check what block you’re on. The current correct block is well past block 110,000 now, so if you’re still below that, you are most likely on the wrong chain. …


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ScPrime is building out a cloud storage network for their upcoming product, Xa. Customers seeking affordable data storage will purchase from SCP, Corp using traditional payment rails; credit card, purchase order, etc. This will trigger an instance of the core infrastructure product as described in the whitepaper, the Relayer, where coins are locked into smart contracts with a global storage provider network. These transactions are facilitated by the network’s own currency, ScPrimeCoin (exchange ticker ‘SCP’). ScPrimeCoin is also used in an incentive program for storage providers to maximize performance, capacity and growth of the ScPrime network.

Supply

Today, SCP’s circulating supply is 30,629,693 SCP. The total supply is 37,313,304 SCP. The ScPrime blockchain uses the Blake2b Proof of Work hashing algorithm for consensus. An all ASIC network powers the creation of new blocks. …


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It’s ‘Exchange Day’ during our Days of ScPrime celebration and the team is pleased to announce that SCP is now live on PROBIT, with three $SCP exchange listings. The new exchanges provide needed liquidity for miners, storage providers and traders to gain access to the coin with the product targeted at an early 2021 release.

PROBIT (ranking — CMC 38/Coingecko 52) averages approximately 60-90 million dollars in volume per day. It has a clean and easy to use UI, that traders who use Binance should be right at home in. …


Staking is a big part of cryptocurrency. Whether it’s a Masternode or the latest trend, DeFi, staking is a way to earn more of a certain coin or even an entirely new asset passively by locking up your coins. ScPrime offers ‘staking’ by providing storage on the network and it’s easier and safer then any other option in that the only way you stand to lose your stake is based entirely on your own performance.

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Masternodes

Masternodes are a very well known way of staking. Simply put, you lock up or ‘stake’ your coins in order to be a node on a currency’s network and you then validate transactions on said network and earn a percentage of the coins minted as a reward. …


Nate at Sia Central has released a ‘lite wallet’ for SCP. This extremely helpful tool allows someone to setup a wallet fast and easy, without having to carry the blockchain’s full ledger. If you need an SCP address quickly, and don’t have access to your UI, follow this guide and get your SCP lite wallet up and running now!

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Setup is straightforward. Follow this link to access the Get Started page. Select a unique password for your new wallet and then your preferred language and then click Next.


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One of the core features of the ScPrime project is a distributed network of Storage Providers. Think ‘masternodes’ without the cost and centralizing features. While not part of blockchain consensus, they lock the project’s utility coin ($SCP) into smart contracts in a process of providing hard drive capacity to the public. As a result of successful provisioning, they earn passive income through rent payments and additional incentives.

Rent

The first income a storage provider earns is rent. Providers enter into contracts primarily with SCP, Corp for sales to business customers, but also with community users with data to store. Through this contract, SCP is exchanged between the host and renter on a continuing basis until the contract is concluded. The costs of storage, upload and download fees, contract length, etc, are set by the Provider who is encouraged to stay within guidelines set by SCP, Corp to qualify for additional incentives, which we’ll talk further about below. …


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In February 2020, SCP’s supply went through a precision change, or to be more precise, a change to how the precision is represented to wallet and exchange users. It involved the moving of the decimal 3 places to the left, so that the total supply is in millions, not billions. Technically, the supply of SCP didn’t change, only the representation of it. Visually, transactions on the ScPrime network are seen in SCP, but they actually occur in hastings, which is the smallest unit of a ScPrimeCoin (24 digits or 1⁰²⁷ pre change,1⁰²⁴ post change). The smart contracts that the network uses requires very small transactions amounts because they are calculated as Hastings per Byte per block. …


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SCP, Corp is pleased to announce the first full time developer is now on board. Pavel D has been acting as Lead Developer in a part time contract role and now moves into the role on a full time basis!

Pavel is coordinating our group of three part time contractor developers and we hope to bring these folks aboard full time one by one.

Notable accomplishments to date include Prepaid Downloads, Metafile Re-architecture and laying out the current sprint for an S3 API.

July is turning out to be an exciting month for ScPrime, with some more announcements/milestones next week! If you’d like to learn more about ScPrime, please join the project’s Discord!

About

ScPrimeGuides

Guides, technical articles and news about ScPrime. ScPrime is a distributed cloud storage project.

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