Siacoin SC
#581$0.000715+2.2% 24hMarket cap $34.7M24h volume $758,649
Overview
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Best flexible rates
- Gate 1.5%
- Binance 1.0%
- Bybit 0.8%
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Active launchpools
No active launchpools with SC right now
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Next unlock
13.26M SC · 0.0% of the total supply
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Exchanges with this coin
Gate
Binance
BybitAbout Siacoin
- Market cap
- $34.7M
- #581 on the market
- Volume 24h
- $758,649
- 2.2% of market cap
- Circulating
- 49.8B SC
- no max supply
- Launched
- 6 Jun 2015
- 11 years
- All-time high
- $0.0929
- 5 Jan 2018 · −99.2% from ATH
- All-time low
- $0.0000126
- 27 Dec 2015
- Consensus
- Proof of Work
- Type
- Smart contract platform
- Smart Contract Platform
- Storage
- DePIN
- Proof of Work (PoW)
- +1
Website ↗ · Explorer ↗ · X ↗ · GitHub ↗
On Polarly: flexible rates up to 1.5% on 3 exchanges; next unlock 5 Nov
Project description
Sia is a decentralized cloud storage platform similar in concept to Dropbox and other centralized storage provider where instead of renting storage space from a centralized entity, clients rent storage space from other peers. The only difference is Sia uses blockchain to facilitate transactions Nodes provide storage to clients using the Sia blockchain as contracts. Before storing the data, the data is encrypted into many pieces and uploaded to different hosts.
Read more
Siacoin is created by David Vorick and Luke Champine of Nebulous Inc. As the traditional storage platforms are higher in cost, more expensive and data is not well protected. Siacoin promises to offer secured storage transactions with smart contracts which is more affordable and reliable. Moreover, it is completely open source which means many individuals have contributed to Siacoin’s software hence there will be an active community building innovative applications on top if the Sia API.
In 2018, Siacoin aims to introduce file sharing and be the go-to cloud storage platform for companies. Their goal is divided into 3 time frames which are short-term, medium-term and long-term development. Short-term development focuses on file sharing between Sia users. This allows Sia users to share files in the platform without having to take it off the cloud while increasing network utilization. Medium-term development’s goal is to enhance partnerships. This means reaching out to large companies like Netflix and Dropbox to hopefully be able to be their storage and distribution framework. Lastly, long-term development aims to expand its horizon to share files with non-Sia users and support mobile wallets.
Source: CoinGecko
Earn on SC (3)
The effective rate for your amount is in the Polarly app's calculator. Partner link.
Open in the appQuestions and answers
- What is the best Earn rate for SC?
- The best flexible rate is 1.5% on Gate: you can withdraw at any time.
- What is the fixed-term Earn rate for SC?
- There are no fixed-term products for SC available right now.
- Which exchanges let you stake SC?
- 3 products on 3 exchanges: Gate, Binance, Bybit.
- What is Siacoin (SC)?
- Sia is a decentralized cloud storage platform similar in concept to Dropbox and other centralized storage provider where instead of renting storage space from a centralized entity, clients rent storage space from other peers. Categories: Smart Contract Platform, Storage, DePIN, Paradigm Portfolio, Proof of Work (PoW), DragonFly Capital Portfolio, Made in USA.
- How many SC are there and what is the maximum supply?
- 49.8B SC are in circulation; the maximum supply is not capped.
- What is the all-time high price of SC?
- $0.0929 (5 Jan 2018). This is a historical value, not the current price. The price is now $0.000715, 99.2% below the high.
Launchpools with SC
There have been no launchpools with SC