Siacoin (SC) aims to provide an open-source low-cost solution for cloud storage, offering encryption and distribution of files chosen for storage by users across a decentralized network of peers. User-controlled private keys give the assertion that no third parties should have access to or control over data stored on the network. As a result, the cloud storage marketplace made available to users of the Sia blockchain is meant to be highly redundant, completely private, and more affordable than many alternatives.

Click to see more

Coin’s Details

  • Market Capitalization

    $209.6 M

  • Volume 24H

    $7.5 M

  • Blockchain

  • Circulating supply

    45 347 092 992

  • Total supply

    45 347 092 992

  • Proof type

    Proof of Work (PoW)

  • Algorithm

    Delegated Proof of Stake (DPoS)

  • Team Location

  • First announced

Siacoin News