x



Guide: Eight Ways You Can Earn Free Bitcoin

Join our Mailing List ...for free giveaways and altcoin deals!
Let's get this crypto!

Siacoin (SC)

$0.003242 (4.58%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
71 $135,565,000.00 $3,729,990.00 41,817,000,000 SC -- 4.58% 1.3% -$0.15

Exchange Pair Volume (24h) Price
Binance SC/BTC 1,184,188.00 0.0000002700
Bittrex SC/BTC 190,585.00 0.0000002800
VCC Exchange SC/BTC 195,745.00 0.0000002800
Upbit SC/KRW 183,605.00 3.8100000000
Binance SC/USDT 249,395.00 0.0032120000
Kraken SC/EUR 128,793.00 0.0027200000
Poloniex SC/BTC 18,955.17 0.0000002700
Kraken SC/XBT 29,702.00 0.0000002725
Kraken SC/USD 37,470.00 0.0031900000
BKEX SC/USDT 22,896.00 0.0032300000
Binance SC/ETH 63,003.00 0.0000081500
Binance SC/BNB 20,497.00 0.0001400000
Bittrex SC/USDT 2,010.86 0.0032199500
Bittrex SC/ETH 9,593.29 0.0000081500
OKEx SC/USDT 23,501.00 0.0032300000
VCC Exchange SC/ETH 9,593.29 0.0000081500
Kraken SC/ETH 8,922.89 0.0000081400
Poloniex SC/USDT 5,224.37 0.0032259800
BigONE SC/USDT 24,977.00 0.0032100000
Bittrex SC/USD 8,416.44 0.0032200000
OKEx SC/BTC 1,399.72 0.0000002730
BigONE SC/BTC 24,875.00 0.0000002712
OKEx SC/ETH 158.05 0.0000081000
HitBTC SC/BTC 100,970.00 0.0000002727
Huobi Global SC/BTC 41,149.00 0.0000002729
Huobi Global SC/ETH 23,024.00 0.0000081600
VCC Exchange SC/USDT 2,062.63 0.0032199500
CoinAll SC/BTC 18.09 0.0000002720
Hotbit SC/USDT 3,704.55 0.0031972000
Atomars SC/BTC 19,357.59 0.0000002700
Hotbit SC/BTC 3,625.59 0.0000002675
Upbit SC/BTC 3,155.97 0.0000002600
Atomars SC/ETH 2,219.40 0.0000081700
CoinEx SC/USDT 164,057.00 0.0032073400
CoinEx SC/BTC 93,531.00 0.0000002733
Digifinex SC/ETH 53,097.00 0.0000082300
CoinEx SC/BCH 18,667.39 0.0000099919
Livecoin SC/BTC 157.77 0.0000002800
Upbit SC/USDT 2.79 0.0026510400
BitBNS SC/INR 292.21 0.2480000000
Bvnex SC/USDT 372,607.00 0.4814290000
OKEx SC/OKB 19.17 0.0005300000
SouthXchange SC/BTC 42.01 0.0000002810
SouthXchange SC/DASH 0.12 0.0000361100
SouthXchange SC/DOGE 0.44 0.9157998700
SouthXchange SC/USDC 0.41 0.0032060000
SouthXchange SC/LTC 0.29 0.0000528300
SouthXchange SC/USD 0.40 0.0032380000
LBank SC/BTC 337.91 0.0000002700
Livecoin SC/USD 1.20 0.0031400000
Livecoin SC/ETH 1.30 0.0000109000
XT SC/USDT 51.51 0.0032009800
XT SC/BTC 21.30 0.0000002828
Digifinex SC/BTC 684,763.00 0.0000002700
Upbit Indonesia SC/BTC 3,666.22 0.0000002600
Upbit Indonesia SC/USDT 60.46 0.0026510400
SouthXchange SC/PAX 0.40 0.0032070200
SouthXchange SC/BCH 0.40 0.0000109400
SouthXchange SC/TUSD 0.41 0.0032036000

Background

Sia is a platform for decentralized cloud data storage, getting built by a team at Boston-based Nebulous Inc., founded in 2014. The aim is to provide a platform that allows for peer-hosted storage of files, without the need for a single centralized entity. 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 a number of storage providers, known as hosts. These hosts will need to provide proof of file storage on a regular basis in order to receive payment and not be penalized. Payment is in the form of Siacoin and penalties involve the host losing Siacoin collateral that was put up. The proofs provided by hosts are available on the Sia blockchain for verification by miners, who also receive payment in the form of Siacoin for their verification work. Instead of pre-mining a certain amount of Siacoin, Nebulous intends to generate revenue from a fees on all contracts. This is done through the existence of so-called siafunds. When a contract is created, 3.9% of the contract fund is removed and distributed to the holders of siafunds. Nebulous Inc started off holding 88%, with the remainder held by early crowd-fund backers of Sia.. Siafunds can be transferred to other addresses but not used as payments on the platform.

Technology

Sia is being built as a derivative of Bitcoin, with the additional required support for the creation and enforcement of contracts. These contracts contain a number of items of information including a hash, duration of the contract, frequency of challenges and payment parameters including the reward for a valid proof and for an invalid or missing proof. If a valid proof is provided during the required window an automatic payment goes to the host. If the proof is missing or invalid the coins are sent to a “missed proof” address, likely an unspendable address. Hosts will be able to advertise themselves in different ways, e.g. as highly reliable, requiring a higher price and with higher penalties for losing files, or as less reliable, with lower prices but with lower penalties for losing files. The intention is for this to result in an optimized, efficient market place.



Trading Simulator

Buy

Sell

Trades



Back to Coin Listing

"Always buy the dip, never buy the rip."

Please Donate To Bitcoin Address: [[address]]

Donation of [[value]] BTC Received. Thank You.
[[error]]
© 2019 AltcoinDeals.io. All rights reserved.
Privacy Policy Terms of Service