Read Siacoin (SC) News, Price Prediction, Opinion and Analyses Created By Users

Siacoin (SC)

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Siacoin (SC) is a decentralized cloud storage platform that was originally conceived of in 2013, before launching a public beta in 2015. 

Decentralized cloud storage systems have several advantages over centralized cloud systems including being more secure and less expensive. The Sia team, like other cloud computing-focused projects, have made it clear that the technology now exists where individuals can form communities that rent out computing resources, as opposed to the current system where these services are handled by a select few companies. 

Written in GO, through smart contracts and the blockchain, Siacoin lets users rent out free space on their computer to other users on the network and are rewarded for doing so with Siacoin tokens. The network utilizes a Proof-of-Work (PoW) consensus mechanism.

Achievements in the past year include releasing a metadata backup solution, which ensures a reliable backup solution. This was later improved with seed-based file recovery. Sia’s current development objectives, in the short term, are to release more developer features, improve the user experience and improve network infrastructure. 

In order to attract and retain more users on the network, the Sia team is improving the user experience to make it more intuitive. While a GUI already exists, the team plans to introduce an alert system and a partial chunk upload system, letting them pay for smaller quantities of data. Developer goals include creating an SDK library and preparing documentation to help developers build applications on the platform. 

Long term goals include file sharing and multi-device file systems i.e. being able to use Sia on different devices.

In this tag, read Siacoin (SC) news, price predictions, opinions and analyses created by users.


3 Altcoins That I Believe Will Rise In 2021

8 Jan 2021 1 minute read 0 comments Sebbe_727

This will include my predictions about cryptocurrencies that I believe will have a skyrocketing growth in 2021. Do not take this as investing tips, do your own analysis before buying anything.   3 Altcoins That I Believe Will Rise In 2021 1. Bao Fina...

Crypto Coins That Have Picked My Curiosity (Part 2)

6 Dec 2020 1 minute read 2 comments Cryptolohy

We continue with the coins that I know very little about, coins that I am curious but ignorant about. I wanted to share my primitive knowledge of these coins so as to perhaps picked your interest to do your own research on these if you happend to fin...

Siacoin (SC) | A Super Bullish Setup | Watch Details With Targets

12 Oct 2020 1 minute read 0 comments moon333

Hey, friends hope you are well and welcome the new update on Siacoin. In this video you will watch how:  The price action of SC is moving in a down channel on the daily chart. And every time after reaching support it has rallied up to the resistance...

ICON (ICX), Zilliqa (ZIL) and Siacoin (SIA) are showing very promising signs during the dump !

6 Sep 2020 2 minute read 1 comment Djordi

Hi everyone, This will be a quick post that will show something very interesting. During the dump we are experiencing right now, I always like to watch the weekly chart and the indicator OBV, which stands for On Balance Volume. This indicator shows a...

Securing Your SIA: Best Siacoin (SC) Wallets

22 Jul 2020 4 minute read 0 comments ChangeNOW

The advent of cryptocurrencies heralded subsequent advancement in alternative payment solutions as well as diverse investment options. As an aspiring investor or trader, you certainly understand the importance of securing your portfolio. In this piec...

Did Anyone Notice This Incredible Pattern Of Sia Coin??? | Get Ready For 4500% Big Move

16 Jul 2020 2 minute read 2 comments moon333

Hi friends hope you are well and welcome to the new update on Sia coin. On 24th of June I posted two ideas one was Sia with US dollar pair and other one was Sia with Bitcoin pair both ideas executed successfully as below: Sia with US Dollar pair:   B...

How Siacoin is powering the decentralized cloud storage?

4 Jul 2020 4 minute read 14 comments PVMihalache

What is Siacoin (SC) ? Siacoin (SC) is the utility token that powers the Sia Storage Platform, used by hosts and renters for transactions. The current Siacoin price is  $0.0038, being an affordable option for investors. The All-Time-Low was in the e...

Siacoin (SC) Has Surged More Than 460% And Ready For Next Move | Theta Coin Price Analysis (Update)

24 Jun 2020 3 minute read 0 comments moon333

Hey friends hope you are well and welcome to the new update on Sia coin and the Theta coin as well. The Sia coin has formed bullish harmonic patterns in the USD market and the Bitcoin market as well. So in today's post 1st we will discuss about Sia c...

Buying Bitcoin on Coinbase

21 Jun 2020 3 minute read 0 comments deleted000031

Step 1: Sign Up For Coinbase Coinbase is the primary place online to purchase Bitcoin with USD and other fiat currency. You'll need to sign up for an account before you can use Coinbase. Click here for the sign-up page. Fill in the fields with your i...

Daily Market Review - 06212020 BearTrader

21 Jun 2020 1 minute read 0 comments deleted000031

  Hi, today I would like to show you charts, which inspired me my colleague. He show me some charts and he pushed me to compare them with my analysis.  So, for the begining Siacoin (I found info that coinbase gonna add it) SC/BTC --> buy XEM/BTC -->...