Siacoin (SC) is a digital asset from Sia which is the leading decentralized cloud storage platform. No signups, no servers, no trusted third parties. Sia leverages blockchain technology to form a data storage marketplace that is more robust & more economical than traditional cloud storage providers in the market.
Users can also earn Siacoin by sharing their extra storage to the Sia pool and customers can save their important data to the decentralized network. Anybody with Siacoins can rent storage from hosts on Sia.
Sia encrypts & distributes your files across a decentralized network. You control your private encryption keys and you own your data. No outside company or third party can access or control your files, unlike traditional cloud storage providers.
Sia encrypts & distributes your files across a decentralized network. You manage your non-public encryption keys and you own your information. No outside company or the third party will access or manage your files, in contrast to ancient cloud storage suppliers.
Sia has aimed to become the backbone storage layer of the Internet through its decentralized cloud storage platform. Nebulous Inc. is the company behind Sia and David Vorick is CEO, Cofounder & Core Developer of Sia.