Siacoin current price is $0.00258.

Siacoin current price is $0.00258 with a marketcap of $116.37 M. Its price is 3.46% up in last 24 hours.

Buy / Sell Siacoin

  • siacoin
    Siacoin (SC)
  • Live Price
    $0.00258
  • 24h %
    3.46%
  • Market Cap
    $116.37 M
  • Volume
    $2.98 M
  • Available Supply
    44.97 B SC
  • Rank
    82



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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

Imagine if decentralized storage was so easy to build on that any developer, without blockchain knowledge, could build an app on it today.

💡 They can with @SiaTechHQ!
💰 New Hackathon starts 11/2/20. $10,000 in bounties.

Sign up today: http://ow.ly/jjne50C4PMr

We've just launched RHP3 benchmarking for all hosts! Check out your results on Sia Central's Host Troubleshooter
https://troubleshoot.siacentral.com

We just published a blog post from @gagdiez about his experience building Wakio, a hackathon winning blogging platform built on Skynet. Wakio has a smooth user experience and lets you get a blog on the decentralized web in minutes.

https://blog.sia.tech/building-wakio-a-hackathon-experience-acf039648b4e

Influences 🤩

... a #decentralized social network where fans can subscribe to content creators.

Leveraging #smartcontracts and distributed storage (@NEARProtocol, @SiaTechHQ, @NamebaseHQ), we put influencers in direct control of their earnings.

🚀 http://siasky.net/hns/influences/

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