Don't have an account yet? Register now to start trading all your favourite coins.
More information about the coin
  • 1D
  • 1W
  • 1M
  • 1Y

SiaCoin

Sia is a project that wants to make decentralized data storage possible. The concept behind this is relatively simple. Virtually everyone has unused storage on his computer. This storage can be used so that other people can use it. The users then pay the owner of the storage for their use. For example, people who need storage need a cheap solution and people with a lot of unused storage have a way to earn money here.

Siacoin started in September 2013 as a project of David Vorick and Luke Champine when they were both computer science students at the Rensselaer Polytechnic Institute in Troy, New York. The original Siacoin project was designed on HackMIT 2013. While most cryptocurrency projects were currently focused on digital assets as a means of exchange, theorists Vorick and Champine about a better system that would create intrinsic value for their holders by using their token as payment for file storage. In addition to storing data, Sia wants to develop applications that will make the service extra valuable to make. Because Sia is open-source, every programmer in the world can contribute to this. With a maximum circulation of 44.55 billion SC in July 2020 and thereafter 1.57 billion will be recovered every year by mines . Inflation will be around 3.4% at the beginning and then decrease to 2% per year.

Read more

Company

  • United States of America
  • Website
  • 2014

Information

Coin info

  • 41817000000
  • N/A
  • # 71

Fundraising

  • NA
  • NA - NA
  • NA

Social media

Promotions

Latest news

Over 1,000 Bitcoin Miners Granted Licenses in Iran: Report - CoinDesk

Over 1,000 Bitcoin Miners Granted Licenses in Iran: Report - CoinDesk

27-01-2020 / 13:02
Read more
'Different Type of Shakeout' — Trader Says Bitcoin Unlikely to Hit $6

'Different Type of Shakeout' — Trader Says Bitcoin Unlikely to Hit $6

27-01-2020 / 12:47
Read more
New Research Shows Bitcoin-Denominated Payments Still a 'Fantasy'

New Research Shows Bitcoin-Denominated Payments Still a 'Fantasy'

27-01-2020 / 12:23
Read more
Major Swiss Banking Firm Julius Baer Launches Services for Cryptocurrencies

Major Swiss Banking Firm Julius Baer Launches Services for Cryptocurrencies

27-01-2020 / 12:06
Read more
Court Documents Reveal More Possible Investors in Telegram's $1.7B ICO - CoinDesk

Court Documents Reveal More Possible Investors in Telegram's $1.7B ICO - CoinDesk

27-01-2020 / 12:00
Read more
Bitcoin Gold Blockchain Hit by 51% Attack Leading to $70K Double Spend

Bitcoin Gold Blockchain Hit by 51% Attack Leading to $70K Double Spend

27-01-2020 / 11:59
Read more
Bitcoin Eyes $8.8K After Largely Erasing Last Week's Dip - CoinDesk

Bitcoin Eyes $8.8K After Largely Erasing Last Week's Dip - CoinDesk

27-01-2020 / 11:20
Read more
Bad Actors Rent Hashing Power to Hit Bitcoin Gold With New 51% Attacks - CoinDesk

Bad Actors Rent Hashing Power to Hit Bitcoin Gold With New 51% Attacks - CoinDesk

27-01-2020 / 10:45
Read more
What Impact Would a Ripple IPO Have on XRP Price?

What Impact Would a Ripple IPO Have on XRP Price?

27-01-2020 / 10:07
Read more
Bitcoin's Halving Captures Growing Interest – Among Google Searchers - CoinDesk

Bitcoin's Halving Captures Growing Interest – Among Google Searchers - CoinDesk

27-01-2020 / 10:00
Read more
How Coronavirus Outbreak in China Could Weigh on Crypto Prices - CoinDesk

How Coronavirus Outbreak in China Could Weigh on Crypto Prices - CoinDesk

27-01-2020 / 09:00
Read more
Bitcoin Price Indicator That Called 2019 Bull Run Flashes Green Again

Bitcoin Price Indicator That Called 2019 Bull Run Flashes Green Again

27-01-2020 / 08:46
Read more
Former Employees Sue Justin Sun and TRON Foundation, Alleging Workplace Hostilities - CoinDesk

Former Employees Sue Justin Sun and TRON Foundation, Alleging Workplace Hostilities - CoinDesk

27-01-2020 / 02:30
Read more
Bitcoin Price Blitzes the $8.5K Resistance as Bulls Target $8.8K

Bitcoin Price Blitzes the $8.5K Resistance as Bulls Target $8.8K

27-01-2020 / 00:16
Read more
Telegram Attacks Apple, Musk on Crypto, WEF Debrief: Hodler's Digest, Jan 20–26

Telegram Attacks Apple, Musk on Crypto, WEF Debrief: Hodler's Digest, Jan 20–26

26-01-2020 / 19:56
Read more
Top 5 Cryptos This Week (Jan 26): HEDG, DASH, BSV, ETC, XTZ

Top 5 Cryptos This Week (Jan 26): HEDG, DASH, BSV, ETC, XTZ

26-01-2020 / 16:25
Read more
What Are Lightning Wallets Doing to Help Onboard New Users?

What Are Lightning Wallets Doing to Help Onboard New Users?

26-01-2020 / 15:42
Read more
Crypto and Blockchain Firms Pitch In to Help Coronavirus Victims

Crypto and Blockchain Firms Pitch In to Help Coronavirus Victims

26-01-2020 / 09:38
Read more