Get live Siacoin (SC) price sticker, candlestick, SC/USD, SC/BTC, logarithmic chart & news. History, trading idea, where to buy that helps price prediction Market Cap: $B • 24h Volume: $B • BTC Dominance: %. Siacoin - Bitcoin Chart (SC/BTC) Conversion rate for Siacoin to BTC for today is ₿ It has a current circulating supply of Billion coins and a total volume exchanged of BTC 1h. Siacoin (SC) is the native utility token of Sia, a blockchain -based distributed, decentralized cloud storage platform. Sia acts as a secure, trustless marketplace for cloud storage in which users can .
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See all exchanges and pairs. Sia Symbol: SC is a decentralized storage system. Users in the world can contribute disk storage from their computers to create a decentralized network. With Sia cryptos, users can easily rent storage from hosts on Sia system, which is achieved through smart storage contracts saved on the distributed Sia blockchain.
The smart contract system creates a payment to hosts once they have held the file for a reasonable amount of time. If hosts fail to keep the file, they do not get paid. The decentralized nature of the Sia storage network aids many optimizations in latency, reliability, throughput, and security. Through the nature of decentralized Sia network, users with storage are able to get paid, lower the barrier to entry and decrease the overall price of cloud storage.
Also, they can rent storage utilizing Siacoins and host their storage to the system in return for compensation in the form of Siacoins. Donate Bitcoin.