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SiaCoin (SC)

€ 0,00476

10,05 % € 0,00048
24h 1w 1m 1y All

SiaCoin Price in Euros

(SC to EUR)

€ 0,00476

SiaCoin Volume

(24h)

€ 40.62 M

Market Cap

(SiaCoin)

€274.88 M
BTC

What is SiaCoin

Siacoin is a decentralized blockchain-based cloud storage network that rents out unused storage (hard drive) space to its users who need to securely keep files. Considered the Airbnb for hard drives, its concept is similar to that of Google Drive and other cloud storage solutions, but it integrates blockchain technology.

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How does SiaCoin work?

Siacoin, the Sia network currency, is used to pay for the hard drive space that renters get, but the hosts do not immediately receive payments as they have to prove first that the concerned file or files are already stored in the hard drive. The platform uses file contracts, a type of smart contract that specifies the details or parameters of the renter-host agreements.

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How to buy SiaCoin?

At Coinmerce you can easily and quickly buy Siacoin (SC) with a credit card. Of course, we also accept payment methods such as iDeal and Sofort.

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How to buy SiaCoin?

You want to buy SiaCoin? You can buy SiaCoin using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see SiaCoin, use the search function to search for SiaCoin and click on the name. You can indicate for how many euros you want to buy SiaCoin in the right window. Below is shown how much SiaCoin you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy SiaCoin when the price of SiaCoin reaches your entered value. You can also execute a repeating order. Do you want to buy SiaCoin with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive SiaCoin.

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About SiaCoin

Luke Champine and David Vorick were Rensselaer Polytechnic Institute computer science students when they decided to establish Sia in 2013 in New York. They joined a hackathon held that same year at MIT and that was when the idea of a decentralized file storage platform first came about. They thought of a concept that would make unused storage space globally available in the cheapest, fastest, and most secure way. The Sia network is definitely a brave new concept in cloud storage and users like it because it allows them to make money by renting out extra hard drive space. It is a decentralized, open-source, and innovation-oriented network. Storage space is paid for using Siacoin, the network’s cryptocurrency. Any user can pay the coin directly when they rent space. It is also used for penalizing hosts bad hosts. Aside from Siacoin, the Sia network also has Siafunds, which are tokens used for user incentives.

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Founder David Vorick
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Founder Luke Champine
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Founder
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Founder
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Founded 2014
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Industry Cloud Storage
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Website Website
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Network Ethereum
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Location United States of America
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Rank 184
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Market Cap 274.88 M
euro
Trading volume 40.62 M
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Maximum coins 0
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Circulating 57.74 B
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