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Simple Software Solutions (SSS) is a crypto currency project in the Storage Space. The project was founded in late 2019 and launched in early 2020, along with a product called Simple Cloud which leverages SSS Nodes to act as a ‘Private Storage Cloud’
SSS aims to develop a decentralized storage cloud which aims to bridge the gap for the average storage user, making End-User Experience a key factor. Being one of the few projects who operate multiple blockchains.
What is sDrive?sDrive is a decentralized storage network built on Hyperledger Fabric Blockchain allowing SSS Nodes to leverage and participate in the incentivized storage network setting up a SSS Storage Node. It aims to revolutionize cloud storage technology.
Phase 0 "Nimbus" Testnet:Phase 0 of “Nimbus” Testnet for sDrive has been launched and is currently ongoing with an incentivized community participation.
SSS the Coin:SSS the coin is a proprietary Blockchain forked from Pivx. It will be used as a utility coin for the SSS Ecosystem along with Governance (DAO). SSS may also be used as a means of payment for Storage. There will only ever will be 14,000,000 coins in total supply with feature of staking, cold staking and masternodes (2500 Coins Locked).
sBridge Interoperability to Ethereum and DeFi:
The team recently announced that they plan to build a cross chain bridge to the Ethereum ecosystem which could bring interoperability between blockchains. SSS may become a wrapped (Tokenized) asset on the Ethereum Network. WSSS would provide entry to the Ethereum and Defi ecosystem along with the ability to provide liquidity on Decentralized Exchanges. The cross chain bridge would allow holders of SSS/WSSS to lock their tokens into the protocol and swap assets.
referencePosted on 04 Nov 2024, this text provides information on Miscellaneous in Cryptocurrency related to Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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