[ANN] Sia - Decentralized Storage

[in-cred-u-lous]

2. How much Sia does it cost to download 10MB of data?

Downloads are currently free, but that might change in the future.

3. How much Sia do I receive for storing 10MB of data for 60 days?

That depends on 1) the price you set and 2) the number of storage contracts.

Generally, the cheaper you are the more contracts you will receive. Its a trade-off. I'm not sure if anyone has worked out a golden formula yet to maximize earnings.

4. If I rent 1GB of space for 30days how many Sia will I pay?

Again, look on the Files page in your wallet. It will tell you the price right there.

5. And can I extend the rental by paying more before the term expires

Files uploaded via the UI are auto-renewed. Your wallet needs to be unlocked for this to work though.

6. Is there a price list, and how will the fluctuation in the price of Sia be reflected in the cost of storage?

Fluctuations in the exchange rate of SC-BTC will only be reflected in the storage price to the extent that hosts update their prices. Prices are always in Siacoin and Sia is agnostic about the true value of 1 Siacoin. It is up to the Host operator to set an appropriate price.

[child_harold]

The exact price is unknown as hosts are picked at random. Though, cheaper hosts are selected with higher probability. The price is always set in Siacoins, regardless of its price on the exchanges.

So I would not know exactly how many Sia Id be paying? The system approximates the total cost before I agree to the deal?

Currently, Sia does not inform you about the exact price. What happens is this:

Sia contacts available hosts and asks for price
If price is ok, and host is available, a file contract is negotiated
The file contract is noted on the blockchain and Siacoins go out of your wallet
Uploading starts

This is done many, many times for each file as its cut into little pieces that are spread across multiple (20+ hosts).

Think of the estimated price as an average; eventually with enough uploads you'll converge towards this average price although sometimes you'll pay less and sometimes more than the estimated price.

Hope that makes sense

ok great and finally for today:

1. This service sends the Sia to me or the people Im renting from? http://nethut.no/page/cart?action=update&item=&id=20384&qty=1

2. If I become a host and rent space how can i prevent from hosting/storing something like CP.
Im guessing the files are encrypted so I would not know what Im hosting/storing, right? And what if the law got involved. Could they decrypt the files and would I get blamed for storing them?

Im considering renting space but am a little concerned about this issue.

thanks for your replies


EDIT: Or this is the protection?

This is done many, many times for each file as its cut into little pieces that are spread across multiple (20+ hosts).

[in-cred-u-lous]

This service sends the Sia to me or the hosts? http://nethut.no/page/cart?action=update&item=&id=20384&qty=1

I am affiliated with that site. You will be contacted and Siacoins sent to your wallet address. If you buy with bitcoins, it will be cheaper to buy on Poloniex, mind you.

[child_harold]

This service sends the Sia to me or the hosts? http://nethut.no/page/cart?action=update&item=&id=20384&qty=1

I am affiliated with that site. You will be contacted and Siacoins sent to your wallet address. If you buy with bitcoins, it will be cheaper to buy on Poloniex, mind you.

Understood. How long does the process usually take?

[akaman]

2. If I become a host and rent space how can i prevent from hosting/storing something like CP.
Im guessing the files are encrypted so I would not know what Im hosting/storing, right? And what if the law got involved. Could they decrypt the files and would I get blamed for storing them?
EDIT: Or this is the protection?

This is done many, many times for each file as its cut into little pieces that are spread across multiple (20+ hosts).

There is no way for you to know *what* you are hosting.

Files are encrypted before they are uploaded to hosts. Each host receives only a small part of a file. So, although you may be hosting parts of an illegal file you will never be hosting it in its entirety and certainly never with any knowledge.

[in-cred-u-lous]

This service sends the Sia to me or the hosts? http://nethut.no/page/cart?action=update&item=&id=20384&qty=1

I am affiliated with that site. You will be contacted and Siacoins sent to your wallet address. If you buy with bitcoins, it will be cheaper to buy on Poloniex, mind you.

Understood. How long does the process usually take?

24 hours or less.

[in-cred-u-lous]

GNOME-Shell extension updated for Sia 0.5.1

https://github.com/pmknutsen/gnome-shell-sia

Sia v 0.5.x is now supported (note that support for 0.4x has been dropped due to changes in the API routes).

Automated backup now works a little better too, and the statistics in the drop-down menu have received a small overhaul.

[MinermanNC]

Some really good questions and answers in here lately 

Got the new version up and running. All seems good. 

[tranzactionezlive]

What's the hasrate for 750ti, gtx 960, gtx 970 ?

[Taek]

I want to briefly mention that we've got a more full-featured forum at https://forum.sia.tech

If you've got questions that aren't getting answered or in general don't fit the flow of this thread, you should make a topic there. There are a couple overlapping conversations here that make it hard to be sure every question is getting answered.

[in-cred-u-lous]

I want to briefly mention that we've got a more full-featured forum at https://forum.sia.tech

If you've got questions that aren't getting answered or in general don't fit the flow of this thread, you should make a topic there. There are a couple overlapping conversations here that make it hard to be sure every question is getting answered.

Taek: It might be an idea to put in Big Letters in the header post of this thread that there is an official forum elsewhere. The Forum also notifies the Slack members so answers will be answered sooner as well.

[Riseman]

Is a public IP required to be a host for files?

[in-cred-u-lous]

Is a public IP required to be a host for files?

Yes, you are identified on the network by your IP and it should be static too. If you change your IP, uploaders won't be able to confirm file contracts later and you will not be paid for used storage. Alternatively, use DynDNS and announce your host with a domain name.

Taek mention on Slack recently this may change in the future.

[jelin1984]

Here I can buy some

Sia coin?

[Riseman]

The block explorer seems to be down.

[Scalextrix]

Is a public IP required to be a host for files?

Yes, you are identified on the network by your IP and it should be static too. If you change your IP, uploaders won't be able to confirm file contracts later and you will not be paid for used storage. Alternatively, use DynDNS and announce your host with a domain name.

Taek mention on Slack recently this may change in the future.

Arrgghhh, I didnt realise that... Cant you just use the wallet address as the identifier?

[killerjoegreece]

Is a public IP required to be a host for files?

Yes, you are identified on the network by your IP and it should be static too. If you change your IP, uploaders won't be able to confirm file contracts later and you will not be paid for used storage. Alternatively, use DynDNS and announce your host with a domain name.

Taek mention on Slack recently this may change in the future.

can some one help me setup dynamic dns on my windows pc ?
i have installed my siawallet on my disk i would like to set contracts to and it is syncing
i have also installed and setup an account and a hostname at no-ip and i am running the automatic DUC app to sync my ip to my domain name


am i ready to go once the wallet syncs and setup contracts?

[Taek]

Here I can buy some

Sia coin?

Poloniex is the best place to buy siacoins, unless you are looking to spend more than about $1000. Then the best place is #trading in our slack. You can get an invite to our slack from https://slackin.sia.tech

[MinermanNC]

Is a public IP required to be a host for files?

Yes, you are identified on the network by your IP and it should be static too. If you change your IP, uploaders won't be able to confirm file contracts later and you will not be paid for used storage. Alternatively, use DynDNS and announce your host with a domain name.

Taek mention on Slack recently this may change in the future.

can some one help me setup dynamic dns on my windows pc ?

With my local ISP I had to call them and have them set a static IP address/port for the actual machine that would host. As in my case the ISP's router every 24 hours would reset all changes (if you could actually get into their box). Once done then The port stayed open. Keep in mind I had opened the ports on my personal router fine but that wasn't much help because it fed from their box so.... And it cost abut 10 bucks a month for static or Radius IP.

[in-cred-u-lous]

Is a public IP required to be a host for files?

Yes, you are identified on the network by your IP and it should be static too. If you change your IP, uploaders won't be able to confirm file contracts later and you will not be paid for used storage. Alternatively, use DynDNS and announce your host with a domain name.

Taek mention on Slack recently this may change in the future.

Arrgghhh, I didnt realise that... Cant you just use the wallet address as the identifier?

The developers have a plan for how to identify hosts. But for now, its all based on your IP which ideally should not change if you're a host.