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Author Topic: [ANN] Sia - Decentralized Storage  (Read 1340332 times)
4emily
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June 13, 2016, 01:21:20 PM
 #3301

I know that the current SC supply (according to coinmarketcap) is ~ 14.94BN coins

But what will be the eventual total supply and over what timescale will that happen?

Apologies if this info is already available somewhere - I've looked but can't find it. Thanks  Smiley

The last time I checked the numbers: ~ 45Billion in 5 years is the main supply and a very small inflation after that, about 1% yearly.

Thanks  Smiley
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June 13, 2016, 02:28:02 PM
 #3302

look good here
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June 13, 2016, 02:48:41 PM
 #3303

Sia Front Page on Cointelegraph Smiley  http://cointelegraph.com/news/cloud-storage-meets-bitcoin-blockchain-siacoin-takes-on-amazon-google-microsoft



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June 13, 2016, 03:53:36 PM
 #3304

I know that the current SC supply (according to coinmarketcap) is ~ 14.94BN coins

But what will be the eventual total supply and over what timescale will that happen?

Apologies if this info is already available somewhere - I've looked but can't find it. Thanks  Smiley

The last time I checked the numbers: ~ 45Billion in 5 years is the main supply and a very small inflation after that, about 1% yearly.

Thanks  Smiley

I've re-done calculations, and it added up to 36 Billion in 2020 and 1.5 Billion every year after that. 45 Billion in 2026, can someone confirm or correct these figures?

ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
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June 13, 2016, 04:27:21 PM
 #3305

Need more positive information about sia, then just praying for the next great coin ,i have bought some on yunbi.com
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June 13, 2016, 05:33:47 PM
 #3306

Super great news on Cointelegraph.com!

  Develop Custom Decentralized Blockchain Applications in JavaScript with LISK!
  Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
in-cred-u-lous
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June 14, 2016, 07:08:14 PM
 #3307

The Sia Core Team is doing an AMA on Reddit and Slack today, June 14th:
https://www.reddit.com/r/siacoin/comments/4o1tu4/we_are_the_sia_core_team_aua/

Get your questions answered from the developers themselves!
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June 15, 2016, 04:30:57 AM
 #3308

When I use four graphics cards to mine a block, each card need to calculate a entire block or 1/4 block?
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June 16, 2016, 02:35:44 AM
 #3309

hi all,

im new to SIA, just heading back from STORJ, im looking for guidence to setup HDD farm and miner.
I cannt find any help on open page.

Tks in adv


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king_pin
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June 16, 2016, 10:23:53 AM
 #3310

Is SIA mining only available for LINUX machines right now or there is a Windows variant.

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June 16, 2016, 11:14:53 AM
 #3311

Will I be able to spend my siafunds with the GUI of 1.0? And will I be able to import my old wallet.dat or wallet.backup?

I am a participant in the genesis account of siafunds. I hope I haven't lost my siafunds forever. But I am not sure. All I have are old wallet.dat's and wallet.backup files.
can anyone answer this?

Sorry for my broken English XD
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June 16, 2016, 01:03:50 PM
 #3312

Will I be able to spend my siafunds with the GUI of 1.0? And will I be able to import my old wallet.dat or wallet.backup?

I am a participant in the genesis account of siafunds. I hope I haven't lost my siafunds forever. But I am not sure. All I have are old wallet.dat's and wallet.backup files.
can anyone answer this?

I was talking to Taek on Slack about this. He said I have to wait until 1.0 and that he thinks my Siafunds are NOT lost. Let's hope the best Smiley
4emily
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June 16, 2016, 03:02:09 PM
 #3313

I know that the current SC supply (according to coinmarketcap) is ~ 14.94BN coins

But what will be the eventual total supply and over what timescale will that happen?

Apologies if this info is already available somewhere - I've looked but can't find it. Thanks  Smiley

The last time I checked the numbers: ~ 45Billion in 5 years is the main supply and a very small inflation after that, about 1% yearly.

Thanks  Smiley

I've re-done calculations, and it added up to 36 Billion in 2020 and 1.5 Billion every year after that. 45 Billion in 2026, can someone confirm or correct these figures?

Bump Smiley
Forobitcoins
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June 17, 2016, 07:22:28 AM
 #3314

Will I be able to spend my siafunds with the GUI of 1.0? And will I be able to import my old wallet.dat or wallet.backup?

I am a participant in the genesis account of siafunds. I hope I haven't lost my siafunds forever. But I am not sure. All I have are old wallet.dat's and wallet.backup files.
can anyone answer this?

I was talking to Taek on Slack about this. He said I have to wait until 1.0 and that he thinks my Siafunds are NOT lost. Let's hope the best Smiley

Okay, thanks, must be in the account

Sorry for my broken English XD
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June 17, 2016, 11:30:26 AM
 #3315

Hi everyone, who knows Sia mining pool?


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endlessskill
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June 17, 2016, 05:05:54 PM
 #3316

Hi everyone, who knows Sia mining pool?
No pools for Sia.
RealRimlin
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June 17, 2016, 08:00:26 PM
 #3317

I heard about first pool for siacoin   Tongue
Actually why anyone not build pool for that coin?


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4emily
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June 18, 2016, 12:05:50 AM
 #3318

I know that the current SC supply (according to coinmarketcap) is ~ 14.94BN coins

But what will be the eventual total supply and over what timescale will that happen?

Apologies if this info is already available somewhere - I've looked but can't find it. Thanks  Smiley

The last time I checked the numbers: ~ 45Billion in 5 years is the main supply and a very small inflation after that, about 1% yearly.

Thanks  Smiley

I've re-done calculations, and it added up to 36 Billion in 2020 and 1.5 Billion every year after that. 45 Billion in 2026, can someone confirm or correct these figures?

Bump Smiley

The definitive answer:

Quote
In Sia FAQ - "The number of siacoins created each block is (300,000 - height). The genesis block has a height of 0. After height 270,000, all blocks will have a reward of 30,000 siacoins. The current number of siacoins can be found at explore.siacoin.com"

Right now (March 26th, 2016) the Sia block height is 43,049. So it will need about another 4.3 years((270,000-43,049)/(144365)=4.3years) to hit the 270,000 block height to start the 30,000 coins constant rewards. In about 4.3 years when sia hits the 270,000 block height, there will be about 44.55 billion (((300,000+30,000)/2)270,000=44.55 billion) siacoins available in the market. From there, there will be about 1.57 billion (30,000144365=1.5678 billion) of siacoins coming out from the mining every year constantly. So in 5 years from today, there will be about 45.6 billion of siacoins available. In 10 years from today, there will be about 53.5 billion of siacoins available in the market.

http://forum.sia.tech/topic/161/about-siacoins-calculation-and-supply


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June 18, 2016, 12:33:06 AM
 #3319




How does this system differ from STORJ? $DCO is looking for a storage solution for our decentralized collaborative organization.



4emily
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June 18, 2016, 06:06:38 AM
 #3320

How does this system differ from STORJ? $DCO is looking for a storage solution for our decentralized collaborative organization.

Here's a useful summary - see also Taek's replies to comments:

http://forum.sia.tech/topic/21/sia-vs-storj-vs-maidsafe
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