SONM SNM to Quantstamp QSP Exchange

Crypto Pair Details: SNM to QSP

SONM SNM

SONM is a global operating system that is also a decentralized worldwide fog supercomputer. With SONM, users have access to general-purpose computing services of a cloud-like nature, including IaaS and PaaS, all of which have fog computing as the backend. Hosts around the world can contribute computing power as part of the SONM marketplace. The leaders of SONM are co-founder Sergey Ponomarev and CTO Igor Lebedev. SONM uses the agile development framework with a self-organizing cross-functional team. The Product Management Board defines the market needs to confirm that products meet business requirements. These include Node (Core), Smart Contracts, Wallet (Client), and Distributed Entity and Integration. Each of these teams has multiple developers, including a lead. Other teams include the Product & Analytics and QA teams.SONM always makes customer satisfaction its top priority. SONM studies the rental resource market to figure out exactly what customers need, delivering the advantages like scalability already mentioned. Additionally, customers will benefit from the Infrastructure-as-a-Service platform that supports all types of hardware resources, making it possible to find the exact resource you need. With SONM, consumers can instantly release and grow resources within the computing fog. In addition, security is always maintained regarding the supplier’s reputation. For added security, SONM is working toward hardware-enforced security, as well. Finally, consumers benefit from high market liquidity in purchasing resources and the ability to scale out their application. SONM’s ICO was held on June 15, 2017 and successfully raised $42,000,000. Paolo Tasca, a digital economist and blockchain expert, joined the SONM Advisory Board. Tasca is the Executive Director of the Centre for Blockchain Technologies at University College London, as well as a blockchain consultant to the United Nations and EU Parliament, and the co-editor of “Banking Beyond Banks and Money: A Guide to Banking Services in the Twenty-First Century.”'

Quantstamp QSP

Quantstamp is a security-auditing protocol for smart contracts. As a apps platform, Ethereum has proven its security time and again. However, apps and smart contracts on top of Ethereum may still have bugs in which malicious players can cause havoc on the network. The two most notable examples of these being the $55 million DAO hack and the $30 million Parity wallet bug. These issues not only affect the people who’ve had their funds stolen, but they also diminish the credibility of the entire ecosystem. Quantstamp is making smart contracts more secure through automated software testing and a system of bug bounties. Although starting with Ethereum, the team is building the protocol to be available on any DApp platform in the long run.In an industry where security is a primary concern and bugs have caused the theft of millions of dollars, Quantstamp should help to legitimize blockchain projects and ensure that large-scale smart contract hacks are a thing of the past. Quantstamp held a successful ICO in November 2017 in which the team raised a little over $30 million dollars. They distributed 650 million (65%) QSP out of the 1 billion total supply to ICO participants at a price of $0.072 per token. After the usual post-ICO volatility, the QSP price stabilized at around $0.10 (~0.000005 BTC) through the end of November. The price followed the trend of the altcoin market and rose rapidly to an all-time high of $0.82 (~0.000051 BTC) before slowly falling to its current price of ~$0.286. The QSP price weathered the beginning of the year market downfall better than most other altcoins.

SOURCE: COINGECKO

instantcryptocurrencyexchange Statistics

Instant Cryptocurrency Exchange Platform