Siacoin current price is $0.00536.

Siacoin current price is $0.00536 with a marketcap of $242.22 M. Its price is 10.18% up in last 24 hours.

Buy / Sell Siacoin

  • siacoin
    Siacoin (SC)
  • Live Price
    $0.00536
  • 24h %
    10.18%
  • Market Cap
    $242.22 M
  • Volume
    $27.24 M
  • Available Supply
    45.33 B SC
  • Rank
    98



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More Info About Coin

Sia is a decentralized cloud storage platform similar in concept to Dropbox and other centralized storage provider where instead of renting storage space from a centralized entity, clients rent storage space from other peers. The only difference is Sia uses blockchain to facilitate transactions Nodes provide storage to clients using the Sia blockchain as contracts. Before storing the data, the data is encrypted into many pieces and uploaded to different hosts.Siacoin is created by David Vorick and Luke Champine of Nebulous Inc. As the traditional storage platforms are higher in cost, more expensive and data is not well protected. Siacoin promises to offer secured storage transactions with smart contracts which is more affordable and reliable. Moreover, it is completely open source which means many individuals have contributed to Siacoin’s software hence there will be an active community building innovative applications on top if the Sia API.In 2018, Siacoin aims to introduce file sharing and be the go-to cloud storage platform for companies. Their goal is divided into 3 time frames which are short-term, medium-term and long-term development. Short-term development focuses on file sharing between Sia users. This allows Sia users to share files in the platform without having to take it off the cloud while increasing network utilization. Medium-term development’s goal is to enhance partnerships. This means reaching out to large companies like Netflix and Dropbox to hopefully be able to be their storage and distribution framework. Lastly, long-term development aims to expand its horizon to share files with non-Sia users and support mobile wallets.

Historical Data

DatePriceVolumeMarketCap

Twitter News Feed

"To believe in decentralization is to de-center ourselves from the narrative & enable local leaders to decide what’s best for their communities.

Decentralization isn’t just what we do, it’s how we do it." -@NicoleHTay

#UgandaInternetShutdown https://bit.ly/3ilCTO7

Interesting tool of the week: https://siasky.net/ by @siatechhq - Decentralized file storage and CDN. We like: Web UI and SDKs for uploading files. Up to 1Gbps streaming. Blockchain-based incentives for running nodes

Virtual Inauguration Forum Jan 19

Special Guests: @RepYvetteClarke | @RepDarrenSoto | @hillharper | @cuysheffield

Speakers:
@karenhsumar | @CrowdieAdvisors | @jalak | @manasilvora | @IPProfEvans | @KMSmithDC | @cmesi

RSVP:
https://bit.ly/3sfZeBa

#Inauguration2021 #blockchain

if you are looking to decentralize this year, i'd heartily look at everything that @SiaTechHQ are doing, they have real world applications that are up and running now, already, worth making the swap to similar services you already use.

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