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Author Topic: [ANN] Sia - Decentralized Storage  (Read 1342671 times)
Polygora
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November 01, 2017, 02:34:59 AM
 #6341

Did using Go have any major adavantages over other languages? I'm thinking the goroutines must be brilliant in this application, right?
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zro
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November 01, 2017, 09:04:58 AM
 #6342

It's dead, sell it before it goes to few satoshis.

All people that kept saying to hold and buy in the last 6 months, they lost like 90 % of their money, sell this asap.

Company only cares about selling miners for its coin.

Very bad investment.

I will quote each person telling me the opposite one month from now december first, when coin es dead.

The only thing probably dead is the judgment skills of some people. Evaluating the status of a project by the price charts vs Bitcoin is a nosense, as Bitcoin has increased by 7x its value in the current year. It is like stating that you are driving backwards in a highway just because a faster car passed you by. If you compare the price vs FIAT, the value of SC has been moving in the range of 0.35-0.5 cents of dollar for several months.

But still, evaluating a project just by a price chart is dumb, and the biggest mistake of "investors" of the cryptosphere. Have you ever seen a Wall Street investor just looking stock charts exclusively and not quarterly reports, operational milestones and so of the companies he invests in?.

I posted this yesterday here, lets recap some facts:

<<Siacoin and the Sia network are working and healthy: Only yesterday 811 new contracts were formed for 2TB of new data stored on the network: https://siastats.info/new_contracts.html.

14414 new transactions on the network yesterday: https://siastats.info/transactions.html

Yesterday we reached a new yearly record of active contracts, with a total of 71472 https://siastats.info/active_contracts.html

6 Pull Requests have been merged to the main code on the last 7 days: https://github.com/NebulousLabs/Sia/pulse . 24 merged Pull Requests and 90 closed Issues in the last month. This public progress report was made by the CEO of Nebulous and Core developer David Vorik 4 days ago: https://www.reddit.com/r/siacoin/comments/78nr20/development_and_progress_update/

"Has anyone used the services of SIa project" you ask, @savetytdpbl? With more than 95TB of storage usage, 3.2PetaBytes of offered storage (https://siastats.info/hosts_network.html) and more than 300TB of used storage in the history of Sia (https://siastats.info/total_contracts.html), I would say: Obviously yes, and very successfully so far>>


Quote me on December or whenever you wish. If you really think that the value the coin will have on December has any relevance, you don't understand anything about Sia or the cryptoshere in general. Sia has an ambitious roadmap for the next 18 months. Let the core developers fulfill it and then come back to see where Siacoin is in terms of value

It's a great eval of the project and investment and I agree. There's a solid model behind this, there's no 'cutting corners' with ICO's or other weird structures to gain quick. This also means we've to be patient and give the devs some time to work on this. I can imagine there's probably other stuff that needs to be done as well. Also, if you compare the speed of progress in the crypto world with actual successful corporates, it's still quite amazing how fast this goes! Good example for many corps Smiley
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November 01, 2017, 09:06:38 AM
 #6343

SIA coin is really a weird one, it valued the practical use for the coin instead just price.
MR,bon
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November 01, 2017, 01:04:30 PM
 #6344

siacoin is incompatible with current prices, predictions will die and be analyzed according to charts in all markets. do not invest in siacoin because this coin will not grow. the information seen and heard is just a lie. before it's too late to think.
Hakkane
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November 01, 2017, 01:46:26 PM
 #6345

siacoin is incompatible with current prices, predictions will die and be analyzed according to charts in all markets. do not invest in siacoin because this coin will not grow. the information seen and heard is just a lie. before it's too late to think.

Support your claims of "the information seen and heard is just a lie" or it will be legit anyone calls you liar and FUDster from now.

The advantage of a transparent project as Sia is that anyone can validate all the data presented. Check for example my last posts: every piece of data is backed by a link. Which are your sources?
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November 01, 2017, 02:12:47 PM
 #6346

Evaluating the status of a project by the price charts vs Bitcoin is a nosense, as Bitcoin has increased by 7x its value in the current year. It is like stating that you are driving backwards in a highway just because a faster car passed you by. If you compare the price vs FIAT, the value of SC has been moving in the range of 0.35-0.5 cents of dollar for several months.

Well put, and while I said that there may be cause for concern if the price plummets in December, it's on the understanding that Bitcoin's value tanks after the Segwti2x drama plays out, and people reinvest in alts. I'm invested in Sia - otherwise I wouldn't have ordered an Obelisk  Grin

Hint: nobody gives a fuck about decentralized storage, it's a non issue.

Sure, there are more contracts being signed right now, but the request of sia for those contracts is below 0.

This coin will keep going down and down, because the real use case is something nobody cares for.

I'd also tell all those people sharing their space on sia that they would make much more money with the same space mining burst, but if you're happy to buy at 50 sats just to sell at some point for 20, your choice.

Most people here want to speculate on Sia, not use it.

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Sincere_
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November 01, 2017, 03:30:07 PM
 #6347

What happened with this coin?

It used to be popular, and now it keeps crashing   Embarrassed

It's dead, sell it before it goes to few satoshis.

All people that kept saying to hold and buy in the last 6 months, they lost like 90 % of their money, sell this asap.

Company only cares about selling miners for its coin.

Very bad investment.

I will quote each person telling me the opposite one month from now december first, when coin es dead.

I don't think that's entirely true. Most of the alts have been tanking over the last few weeks due to the bitcoin hard forks. First Bitcoin Gold, and in two weeks, the Segwit2x fork. I think people are hoarding BTC in the hopes of doubling their money. If it's still tanking at the end of Nov, then there may be cause for concern. 

I totally agree with you almost all alts dipped low because of these forks after segwit Btc is st a high let's let the Btc dust settle first by the way I don't have many coins but just in case a dip I do have low buys ready going to give sia a chance if I can get it lower
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November 01, 2017, 03:41:18 PM
 #6348

All these decentralizied storage solutions (there are several out there) suffers from bad client software. People need a good working and easy to use client like dropbox. Easy install, payment in FIAT and a competitive price. Nobody cares about complicated software payed with any you-name-it coin.


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aoluain
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November 01, 2017, 04:11:43 PM
 #6349

i am a supporter of SIA and will be looking to become
a host in the near future.

I am also dissapointed on the face of its value to BTC
but as Hakkane states its what is going on in the background
that counts and judging from the roadmap there are still
works and plans in place so I AM NOT selling out.

I really think this has a good future its just taking longer
than most people perceived or maybe that quick get rich
factor didnt materialise as so often is wanted.

anyway I liked the technology from the start, it can only
get better as more updates and additions are added.
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November 01, 2017, 06:26:45 PM
Last edit: November 02, 2017, 06:07:26 AM by retlaw04
 #6350

All these decentralizied storage solutions (there are several out there) suffers from bad client software. People need a good working and easy to use client like dropbox. Easy install, payment in FIAT and a competitive price. Nobody cares about complicated software payed with any you-name-it coin.

I agree with that. But it is also an important point on the roadmap of sia to provide a customer-friendly app.

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November 01, 2017, 06:41:05 PM
 #6351

https://sia.pixeldrain.com/

Pixeldrain Public Beta

First of all: the max size for a single file is currently 10 GB. There is no limit on how many files you can upload/download.

Note that this is an experimental version of Pixeldrain server, the Pixeldrain backend has been completely redesigned from the ground up to be more extensible, efficient and scalable. The server this web application runs on is considered a testing environment. Database resets can happen at any moment when architectural changes need to be applied.

The Sia integration is still very experimental and could fail at any moment resulting in data loss. Do not upload files to this server that you cannot afford to lose. Use the stable main server instead: https://pixeldrain.com.

But don't let all that stop you from trying the new Pixeldrain! The upload restrictions that the main site has haven't been implemented in this version yet, so you can upload as much as you want....



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November 01, 2017, 08:15:38 PM
Last edit: November 01, 2017, 09:33:08 PM by Hakkane
 #6352

Hint: nobody gives a fuck about decentralized storage, it's a non issue.

[...] because the real use case is something nobody cares for.

Apparently the people of RNDR have a different opinion about the matter: https://medium.com/@rendertoken/rndr-sia-edc39df03c31

The RNDR developers just announced their network of decentralized rendering will use the Sia storage network to save their rendering works data in a decentralized, cheap, encrypted and highly available fashion.

Because, you know, no one needs decentralized, cheap, encrypted and highly available storage nowadays...
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November 01, 2017, 10:13:09 PM
 #6353

Any news ?
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November 02, 2017, 04:13:29 AM
 #6354

Siacoin commonsity is bad causing the price to go down long period of time so it will dry up to death
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November 02, 2017, 09:13:12 AM
 #6355

RNDR + Sia
Announcing a partnership linking decentralized rendering and decentralized storage

Dear RNDR Community,
We are pleased to announce an official partnership with Sia to bring their decentralized storage platform to the RNDR network as we roll out development and our roadmap over the next six months.
As RNDR scales, there will be a need for storage in order to distribute and process the load of jobs that will go back and forth on the network. And because RNDR requires dynamic uptime, decentralized solutions are the only practical solution to meet the demand.
By utilizing Sia’s already built out infrastructure, we are able to store various pieces of the RNDR task on many secure nodes across the globe. Doing this gives us a significant advantage over any centralized solution, as it gives us near-constant uptime and removes single solution risk. The result: significantly lower access costs with performance that can rival and ultimately surpass traditional CDN solutions.
The Sia partnership is the first of an entire ecosystem of partnerships that will form the RNDR economy — it is also one of the most important. With over 70,000 file contracts and 300TB of data on their platform across six continents, Sia’s credibility is unmatched and proves that blockchain solutions are delivering on their promise today.
This integration will be built into Phase 2 beta and Phase 3 launch of our peer-to-peer platform, providing the decentralized data solution that we need in order to scale and sustain growth in our RNDR network.
David Vorick, co-founder of Sia, sees the potential for decentralized rendering integrating with Sia:
“The past decade has seen the emergence of numerous disruptive marketplaces, and the product being built at RNDR is bringing that same power to the rendering industry. At Sia, we’re honored to be able to assist RNDR with their goals by providing a storage solution for the projects and renderings that move through the RNDR network.
Jules Urbach, co-founder and CEO of OTOY, comments on the potential of decentralized rendering with Sia storage:
“The RNDR partnership with Sia will provide low-latency storage for our users within 50 milliseconds of every major city in the world at nearly 1/100 of the price. Our combination of rendering and storage is a complete solution that far surpasses any centralized graphics pipeline at a price point that will make the future of media possible.”

https://medium.com/@rendertoken/rndr-sia-edc39df03c31







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November 02, 2017, 09:13:30 AM
Last edit: November 02, 2017, 10:47:56 AM by dodgrad
 #6356

No wonder they are bad, I also record a very big loss. It is currently the largest shitcoin with medium volmen, the bounce are immediately strangled by the large supply  Undecided Undecided Undecided







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November 02, 2017, 01:05:51 PM
 #6357

I know I'm a newbie, But don't people realize the reason that Sia is down is because everyone is putting there money into BTC for the Segwit2x Once Nov. 16th hits everyone will buy back into whatever Alt coins they like. I believe in Sia and will hold it for a long time. Everything is at an all time low right now. Be patient it will go back to normal in a couple wks.
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November 02, 2017, 03:35:11 PM
 #6358

I know I'm a newbie, But don't people realize the reason that Sia is down is because everyone is putting there money into BTC for the Segwit2x Once Nov. 16th hits everyone will buy back into whatever Alt coins they like. I believe in Sia and will hold it for a long time. Everything is at an all time low right now. Be patient it will go back to normal in a couple wks.

I agree with you, its a good project, but at the moment it does not really matter, when you look at all the charts. I just checked the roadmap on their homepage, a lot of releases announced for approx. nov, so hopefully they come closely after btc fork.
https://trello.com/b/Io1dDyuI/sia-public-roadmap
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November 02, 2017, 03:46:50 PM
 #6359

will buy sia back @10-20 satoshi Cool #rats bailing ship >> all into btc Smiley weee

#makebitcointalkgreatagain-_-*my posts are strictly for entertainment purposes only. It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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November 03, 2017, 04:27:58 AM
 #6360

I agree siacoin down to 10-20 sat.
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