[ANN] Sia - Decentralized Storage

[pufuletz]

Why buy siacoin? Isnt siafund much more interesting?

Yes, could someone explain - in noob terms - what the difference is.

[1713251342]

1713251342

[msin]

Why buy siacoin? Isnt siafund much more interesting?

Yes, could someone explain - in noob terms - what the difference is.

Sia is used to pay for storage. SiaFunds are like dividend stocks in Sia, whereas every time someone spends Sia for storage, a percentage of that transaction goes to SiaFund holders (3.9% to be exact) So if there are eventually millions of transactions on the network, Sia holders will collect a significant amount of Sia. Nebulus (the company that develops Sia) is the largest holder of SiaFunds and it's their main method to make money from the Sia ecosystem

[amacar2]

Why buy siacoin? Isnt siafund much more interesting?

Yes, could someone explain - in noob terms - what the difference is.

Sia is used to pay for storage. SiaFunds are like dividend stocks in Sia, whereas every time someone spends Sia for storage, a percentage of that transaction goes to SiaFund holders (3.9% to be exact) So if there are eventually millions of transactions on the network, Sia holders will collect a significant amount of Sia. Nebulus (the company that develops Sia) is the largest holder of SiaFunds and it's their main method to make money from the Sia ecosystem

I haven't heard how this sia ecosystem works before, thanks for clearing doubt about sia and siafunds. So basically comapany only earn for the real uses of coin rather than selling all their sia holding, which sound better than dev coming and dumping their coins in market for some money.

[CloudzEye]

Ok the wallet is really unstable here. Apparently I am stupid enough to not notice it until a month later. I transferred a total of 256K SC separately to my wallet because I become really paranoid when it comes to transferring fund. The wallet then decided to deduct the highest amount from my wallet for no reason at all. (see pic)
http://imgur.com/CkUSRUr
Now my wallet only has 131K left. Fine, it is more than a month ago, who knows what might happened, I will let it go. But then another problem. Not sure if it a bug or the dev is aware of it. Apparently the addresses don't sync with the wallet. Here is a heck long story please bear with me. I decided to try to host the storage just for the fun of it. I have spare VPS laying around so I thought maybe to host it there so I don't have to have my computer on all the time. Since it needs initial fund to start the host so I decided to reuse the same wallet instead of create another one on the VPS. Ultimately the VPS becomes my primary use of SC. I created multiple addresses there to transfer fund in and out including the fund I mined with 10 GPUs for about a month. Fast forward to this month. I decided again to move the SC back to my main machine for no apparent reason. After getting Sia back on my main machine I found out that the wallet file I backup prior the VPS doesn't sync with the latest transaction and history I had on the VPS even though they are the same wallet. I still got some of my fund left, but those are the funds before the VPS and the wallet addresses are way less than I had. I had almost 2 pages of addresses on my VPS but this only got a little bit less than 1 page. Of course, I am actually stupid enough to cancel the VPS before trying things out first. So, now, there is no way for me to recover the wallet file on the VPS since it is practically deleted and I have more than 400K SC on it. Btw, that is also when I notice the deduction from the polo transaction. Of course, I won't bring it here without testing it. I have another earlier version of the wallet file laying around. I tested that and proved my point. Exact same wallet but less than 100K SC on it with much less wallet addresses attach to it, just half a page. So, I am looking at the same wallet file with 3 different versions, 1 with less than 100K SC, 1 with 131K SC, and another one with more than 400K SC that I lost. I really appreciate if anyone could help here but I don't really looking forward for it. Maybe this would teach someone a lesson here  

Please note that I am not dumb, I didn't replace anything with anything. I have only 1 wallet file all along so there is no way I could have replaced that. Besides, I got it encrypted and stored it in my cold storage. I figure this is more or less my mistake for not making sure things so I am not blaming anyone but myself (except for the first part where the 126422.1724 SC got deducted for no reason)

[msin]

Why buy siacoin? Isnt siafund much more interesting?

Yes, could someone explain - in noob terms - what the difference is.

Sia is used to pay for storage. SiaFunds are like dividend stocks in Sia, whereas every time someone spends Sia for storage, a percentage of that transaction goes to SiaFund holders (3.9% to be exact) So if there are eventually millions of transactions on the network, Sia holders will collect a significant amount of Sia. Nebulus (the company that develops Sia) is the largest holder of SiaFunds and it's their main method to make money from the Sia ecosystem

I haven't heard how this sia ecosystem works before, thanks for clearing doubt about sia and siafunds. So basically comapany only earn for the real uses of coin rather than selling all their sia holding, which sound better than dev coming and dumping their coins in market for some money.

Yeah, unless they are mining they aren't earning any Sia at the moment, there wasn't a premine or anything.

[laugh2btc]

When will Sia be ready? I mean something like a final version for everybody and his mother?

[twistelaar]

hey guys! is there an webwallet or an mac wallet?

Thanks!

[Zer0Sum]

Ok the wallet is really unstable here. Apparently I am stupid enough to not notice it until a month later. I transferred a total of 256K SC separately to my wallet because I become really paranoid when it comes to transferring fund. The wallet then decided to deduct the highest amount from my wallet for no reason at all. (see pic)

Now my wallet only has 131K left. Fine, it is more than a month ago, who knows what might happened, I will let it go. But then another problem. Not sure if it a bug or the dev is aware of it. Apparently the addresses don't sync with the wallet. Here is a heck long story please bear with me. I decided to try to host the storage just for the fun of it. I have spare VPS laying around so I thought maybe to host it there so I don't have to have my computer on all the time. Since it needs initial fund to start the host so I decided to reuse the same wallet instead of create another one on the VPS. Ultimately the VPS becomes my primary use of SC. I created multiple addresses there to transfer fund in and out including the fund I mined with 10 GPUs for about a month. Fast forward to this month. I decided again to move the SC back to my main machine for no apparent reason. After getting Sia back on my main machine I found out that the wallet file I backup prior the VPS doesn't sync with the latest transaction and history I had on the VPS even though they are the same wallet. I still got some of my fund left, but those are the funds before the VPS and the wallet addresses are way less than I had. I had almost 2 pages of addresses on my VPS but this only got a little bit less than 1 page. Of course, I am actually stupid enough to cancel the VPS before trying things out first. So, now, there is no way for me to recover the wallet file on the VPS since it is practically deleted and I have more than 400K SC on it. Btw, that is also when I notice the deduction from the polo transaction. Of course, I won't bring it here without testing it. I have another earlier version of the wallet file laying around. I tested that and proved my point. Exact same wallet but less than 100K SC on it with much less wallet addresses attach to it, just half a page. So, I am looking at the same wallet file with 3 different versions, 1 with less than 100K SC, 1 with 131K SC, and another one with more than 400K SC that I lost. I really appreciate if anyone could help here but I don't really looking forward for it. Maybe this would teach someone a lesson here  

Please note that I am not dumb, I didn't replace anything with anything. I have only 1 wallet file all along so there is no way I could have replaced that. Besides, I got it encrypted and stored it in my cold storage. I figure this is more or less my mistake for not making sure things so I am not blaming anyone but myself (except for the first part where the 126422.1724 SC got deducted for no reason)

https://forum.sia.tech/topic/370/august-2016-update-roadmap

At least the Dev is honest about "there were many significant bugs" (that people are noticing)...
So they have spent the last month building a proper testing framework to wring out bugs...
And the next release looks to be early October based on this timeline.

[CloudzEye]

Ok the wallet is really unstable here. Apparently I am stupid enough to not notice it until a month later. I transferred a total of 256K SC separately to my wallet because I become really paranoid when it comes to transferring fund. The wallet then decided to deduct the highest amount from my wallet for no reason at all. (see pic)
http://imgur.com/CkUSRUr
Now my wallet only has 131K left. Fine, it is more than a month ago, who knows what might happened, I will let it go. But then another problem. Not sure if it a bug or the dev is aware of it. Apparently the addresses don't sync with the wallet. Here is a heck long story please bear with me. I decided to try to host the storage just for the fun of it. I have spare VPS laying around so I thought maybe to host it there so I don't have to have my computer on all the time. Since it needs initial fund to start the host so I decided to reuse the same wallet instead of create another one on the VPS. Ultimately the VPS becomes my primary use of SC. I created multiple addresses there to transfer fund in and out including the fund I mined with 10 GPUs for about a month. Fast forward to this month. I decided again to move the SC back to my main machine for no apparent reason. After getting Sia back on my main machine I found out that the wallet file I backup prior the VPS doesn't sync with the latest transaction and history I had on the VPS even though they are the same wallet. I still got some of my fund left, but those are the funds before the VPS and the wallet addresses are way less than I had. I had almost 2 pages of addresses on my VPS but this only got a little bit less than 1 page. Of course, I am actually stupid enough to cancel the VPS before trying things out first. So, now, there is no way for me to recover the wallet file on the VPS since it is practically deleted and I have more than 400K SC on it. Btw, that is also when I notice the deduction from the polo transaction. Of course, I won't bring it here without testing it. I have another earlier version of the wallet file laying around. I tested that and proved my point. Exact same wallet but less than 100K SC on it with much less wallet addresses attach to it, just half a page. So, I am looking at the same wallet file with 3 different versions, 1 with less than 100K SC, 1 with 131K SC, and another one with more than 400K SC that I lost. I really appreciate if anyone could help here but I don't really looking forward for it. Maybe this would teach someone a lesson here 

Please note that I am not dumb, I didn't replace anything with anything. I have only 1 wallet file all along so there is no way I could have replaced that. Besides, I got it encrypted and stored it in my cold storage. I figure this is more or less my mistake for not making sure things so I am not blaming anyone but myself (except for the first part where the 126422.1724 SC got deducted for no reason)

https://forum.sia.tech/topic/370/august-2016-update-roadmap

At least the Dev is honest about "there were many significant bugs" (that people are noticing)...
So they have spent the last month building a proper testing framework to wring out bugs...
And the next release looks to be early October based on this timeline.

Yeah, the dev is definitely doing their work. I haven't lose hope on Sia though, just put some of my miners back into mining SC and this time I will leave some SC on exchange and some on the mining pool. Just so that I don't lose as much if something happen.

[runiwani]

Want to buy more Sia in 70 range

i'm still remember when this coin price is still 20 satoshi. i'm not bought them. and it is really really hurt 

[Golftech]

Want to buy more Sia in 70 range

i'm still remember when this coin price is still 20 satoshi. i'm not bought them. and it is really really hurt 

its already rallying up buds we can no longer got that back but we can still make some good timing as the price keeps on fluctuating bet 75-200 sat just make a good entry and wait for a while.

[coins101]

Please vote on supporting 2FA wallet services.

https://bitcointalk.org/index.php?topic=1621467.msg16300175#msg16300175

[mczarnek]

Want to buy more Sia in 70 range

i'm still remember when this coin price is still 20 satoshi. i'm not bought them. and it is really really hurt 

And someday you'll be remembering when it was going for 80 satohis as well... buy it before it's too late!   This coin is definitely going to be going to 320 satoshis not too long from now, probably by at least the end of the year.   Probably at least double sometime in October with all these new changes coming soon.

[FreshFund]

Looking to buy a Sia Fund for 1 BTC

[pufuletz]

Why buy siacoin? Isnt siafund much more interesting?

Yes, could someone explain - in noob terms - what the difference is.

Sia is used to pay for storage. SiaFunds are like dividend stocks in Sia, whereas every time someone spends Sia for storage, a percentage of that transaction goes to SiaFund holders (3.9% to be exact) So if there are eventually millions of transactions on the network, Sia holders will collect a significant amount of Sia. Nebulus (the company that develops Sia) is the largest holder of SiaFunds and it's their main method to make money from the Sia ecosystem

where can one buy siafunds?
So siafunds aren't effected by miner dumps?

[durerus]

where can one buy siafunds?
So siafunds aren't effected by miner dumps?

All Siafunds are already created. They are not mined and not inflationary. The company behind Sia holds 90% of them. You can only buy them OTC by now. But adding them to Polo is planned, probably with next release.

[truerue]

Does 'Buy Storage' in wallet actually means rent storage? If so, how long is standart rental duration, and will it be automatically renewed?

[jiggytom]

Just opened up an old wallet and I noticed my balance is wrong.  I did try to contract out some storage a couple months ago, and now I see some negative transactions for coins I don't remember moving.  they are still at their destination address, but I don't see them in my wallet.  How's this possible?  Could they have went to an address I don't control?  What can i do?  I also have a .seed file, is there anything there? 

[pufuletz]

zzzzz....

[madmario]

Should i invest more in coin which main focus atm is info graphic....