Marketcap:
$1,908,035,646,039
Volume 24h:
$16,470,446,800
Sep 16 Liquidations:
-$22,646,648
24H Long/short:
Coming Soon
Siacoin
SC
$0.00417466
#83
Coin
Overview
Exchanges
Markets
$0.00417466
Price
83
Rank
$241,046,734
Marketcap
$946,565
Volume
$0.00424068
All Time High
$0.00416699
All Time Low
N/A
Open
N/A
Close
1H
0.080
%
1D
-2.90
%
1W
-2.37
%
1M
-3.21
%
2M
-18.10
%
3M
-5.83
%
6M
-54.60
%
1Y
47.32
%
Change 24h
$0.00416699
$0.00424068
All Time Low
24H
All Time High
Siacoin`s Return History
Weekly
Monthly
Quarterly
Winning
Years
5
Quarters
15
Losing
Years
5
Quarters
19
Q1
Q2
Q3
Q4
Avg
Total
Q1
Q2
Q3
Q4
Avg
Total
About Siacoin
Siacoin (SIA) is a decentralized cloud storage platform that was founded in 2013 by David Vorick and Luke Champine. The platform aims to provide a secure and affordable way for users to store their data, while also providing a new use case for blockchain technology.
The Siacoin network is comprised of a distributed network of nodes that are located all over the world. Each node on the network stores a small piece of the user's data, which is encrypted and distributed across multiple nodes to ensure that it remains secure and accessible. This approach makes Siacoin highly resilient and resistant to downtime or data loss, as no single point of failure exists on the network.
Siacoin uses a Proof-of-Work (PoW) consensus algorithm, which requires miners to use their computer's processing power to solve complex mathematical problems in order to validate transactions and secure the network. Specifically, Siacoin uses a modified version of the Blake2b PoW algorithm, which is designed to be memory-hard and resistant to ASIC mining. This makes the mining process more accessible to individual miners and helps to prevent centralization of the network by large mining pools.
In addition to its decentralized storage capabilities, Siacoin has several other features that make it a promising cryptocurrency. For example, Siacoin can be used as a means of payment for storage and bandwidth on the Sia network, which makes it a versatile currency that has real-world utility.
Siacoin also has a unique governance system that allows stakeholders to propose and vote on changes to the network. This means that the community has a say in the development of the Sia platform, helping to ensure that it remains decentralized and user-focused.
Overall, Siacoin is a promising cryptocurrency that offers a secure and affordable way to store data on a decentralized network. Whether you're looking for a way to store your data securely, earn rewards through mining, or use a versatile currency that has real-world utility, Siacoin is definitely worth considering.
About Siacoin History
Siacoin was created to provide a more secure and affordable alternative to traditional cloud storage solutions, which are often centralized and vulnerable to security breaches. The platform allows users to store their data on a distributed network of nodes that are located all over the world, ensuring that the data remains secure and accessible even in the event of a network outage or attack.
In addition to its decentralized storage capabilities, Siacoin has several other features that make it a promising cryptocurrency. For example, Siacoin can be used as a means of payment for storage and bandwidth on the Sia network, making it a versatile currency that has real-world utility.
Since its launch, Siacoin has gained a dedicated following and has been steadily improving its network and infrastructure. In 2020, the Sia team released an update to the platform that introduced several new features, including the ability to stream video and audio files directly from the Sia network.
Today, Siacoin is one of the leading decentralized cloud storage platforms and continues to gain recognition and adoption from users around the world. With its unique approach to data storage and its innovative features, Siacoin is well positioned to continue to grow and evolve in the coming years.
Algorithms
(1)Proof of Work
Incomes
(2)Hosting
Mining
Industries
(3)Marketplace
File Storage
Payments
Tags
(6)Decentralized
Governance
Layer 1
Scalability
Privacy
Anonymity
Stats
(9)Birthday
Age
9 Years
Decimals
18
Exchanges
4
Pairs
2
Tickers
5
Base
2
All Time High
$0.093
Date Of ATH
Jan 06 2018
Days Since ATH
2445
All Time Low
$0.00001479
Date for ATL
Dec 27 2015
Days Since ATL
3186