SiaPrime - S3 Compatible Decentralized Cloud Storage
with Sia Network Protocol Compatibility

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SiaPrime is a fork of the Sia decentralized storage project, open to any Blake(2b) ASIC. Our Prime directive is to develop a product suite on top of the Sia protocol while supporting the Sia team. Our dashboard of products are a mix of open (community edition) and closed source (enterprise edition) tools focusing on small and medium business (SMB) with an S3-compatible interface and features. We extend key features of the Sia infrastructure to provide additional geographical redundancy, edge caching and storage tiers while providing important KPIs to administrators. Our key benefit is providing advanced network discovery and metadata aggregation presented in a friendly suite of applications.

Over the next year, we'll ship product allowing truly productive use of cloud storage on Sia-based networks for business using direct and channel strategies to create sales funnels for a globally diverse customer set. SiaPrime is uniquely positioned to drive cloud storage on our own network, but also as an interface to the core Sia network and any fork coming out of the Sia protocol. With SiaPrime, customers will be able to see these networks as a single homogeneous backbone and group by geographical, performance or price considerations.

Specifications
Expected Ticker: SCP
Chain Launch: 10/30/2018
Algorithm: Blake(2b) open to all ASIC manufacturers
Total Supply: Unlimited with declining inflation + coin burn
Block Reward: 300,000 declining by 1 token per block with a 10,000 floor
Block Timing: 10 minutes
API Port: 4280
RPC Port: 4281
Hosting Port: 4282

Preliminary Roadmap
Software Specification

Initial Token Grant
10,551,000,000SCP premine for expenses/airdrop as follows

Expenses
51m SCP   Mining pool maturity cushion: 5 mining pools
200m SCP   Project/dev expenses
300m SCP   Nebulous Inc (Sia creator) bounty
1.75b SCP   Storage Host Incentive Program
628m SCP   Exchange listing fees fund
No founder premine

Airdrop
3.1b SCP distributed on a 1:5 basis to existing Siacoin holders of record (1SCP for every 5SC)
4.5b SCP from exchange addresses are escrowed into cold wallets for a period of 1 year.
Coins were not distributed to the top 35 addresses (determined to be exchange addresses), but directed into a cold wallet. If the exchanges agree to list/distribute the assets, they may be provided and added to the circulating supply. Otherwise we may implement a scheduled token burn or direct the coins to further project goals

Project Cold wallets
Links to cold wallet lockups and how they impact total and circulating supply

Project fee
20% (first 30,000 blocks)
Linear decay from 20% to 10%
Token burn - from block 105,000 on, the 10% fee will be sent to an unspendable collateral address and burned

Projected total supply
The SiaPrime supply is built to closely mimic the original Sia supply. The Sia protocol includes two key provisions (storage node collateral, renter allowance) that lock up significant amounts of coins, requiring a large supply.
2018 13,147,616,280
2020 38,235,268,535
2023 55,147,158,095

Wallets - Version 1.3.5-2
https://siaprime.net/#download

Exchanges
Crypto-Bridge
Bisq
SouthXchange

Mining Pools
http://siaprimestats.com/site/mining
https://intrepidpool.com/site/mining
https://hyperpool.tech/site/mining
http://fluxpool.tech/site/mining
https://prime.siamining.com/help
https://mining.luxor.tech/

Block Explorer

Team