Siacoin sc

Siacoin is a decentralized, peer-to-peer, cloud data storage platform built on blockchain technology. Siacoin provides a platform that allows for peer-hosted storage of files without a single centralized entity to control the data. Sia itself would store only the storage contracts formed between the parties. In the platform, files of individual users will be broken up and spread across several storage providers, known as hosts. These hosts will need to regularly provide proof of file storage to receive payment and not be penalized

Sia’s public beta version was launched in March 2015 by developers David Vorick and Luke Champine. Sia was founded by Vorick and Champine in 2013 when the pair were computer science students at the RPI in New York. Champine and Vorick are still actively involved in their project and have since added a number of developers and executives to their team

The main reasons to invest in Siacoin gold include:- - Sia is able to offer competitive storage rates because of its decentralized nature. As a result, it is a direct competitor to major cloud storage providers such as Amazon, Google, and Microsoft. - Skynet has announced several products built on top of the Sia network, such as SiaStream, Skynet network - Sia is a decentralized service, there's no single point of failure