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Author Topic: [ANN] Sia - Decentralized Storage  (Read 1382129 times)
metallicelmo
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June 28, 2017, 01:05:28 PM
 #5121

If Sia is as cool as ETH, how would that relate in price if you look at the total number of coins in circulation?
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June 28, 2017, 01:39:00 PM
 #5122

If Sia is as cool as ETH, how would that relate in price if you look at the total number of coins in circulation?

Eth has a MC of 28.3 Billio, with 93 Million coins outstanding for ~$300 per coin.

If Sia was as cool as eth (assume same MC)

28.3 Billion divided by 27.3 Billion coins outstanding means $1.03 per coin.

Highly doubt this coin will ever be as "cool" as eth. Might see it gain popularity as the revolution to cloud storage but who knows.

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June 28, 2017, 03:12:25 PM
 #5123

David Vorick presenting Sia at QCon London 2017: https://www.infoq.com/presentations/decentralized-storage

Great news.
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June 28, 2017, 03:37:34 PM
 #5124

How can I check balance for a siacoin address? looks like block explorer only allow search by block height and tx hash ...

https://explore.sia.tech/

No block explorer with the ability to check an address's balance is available yet. Some independent devs are working on that.

In the meantime, just use the Sia client to check it
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June 28, 2017, 05:08:34 PM
 #5125

I love Sia, its like Pied Piper for real   Grin

Its such an awesome idea. But the install process, configuration and usage of Sia need to be heavily simplified so that any "idiot" can use it for it to be a true success. Most people using internet does not know how to configure anything, even less calculate profits etc. It needs to be made so that everything can be done by someones grandmother as well as a 5 year old.
Like dropbox, install, choose folders and done. "Rent out unused space" checked would generate Siacoins, but you wouldnt have to configure it unless you would want to change the default values.

I think making it more user-friendly and easier to install and configure would mean a lot for the future.

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Hakkane
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June 28, 2017, 05:32:13 PM
 #5126

I love Sia, its like Pied Piper for real   Grin

Its such an awesome idea. But the install process, configuration and usage of Sia need to be heavily simplified so that any "idiot" can use it for it to be a true success. Most people using internet does not know how to configure anything, even less calculate profits etc. It needs to be made so that everything can be done by someones grandmother as well as a 5 year old.
Like dropbox, install, choose folders and done. "Rent out unused space" checked would generate Siacoins, but you wouldnt have to configure it unless you would want to change the default values.

I think making it more user-friendly and easier to install and configure would mean a lot for the future.

Well, while individuals storing his files on Sia is awesome, the target of Sia for renting space are the big companies with tons of Tb's that are paying much higher prices than individuals (Amazon S3 asks for $23/Tb). Also from the hosting perspective, I think some minimal knowledge and implication is required: I don't see myself convincing my mother of keeping her computer on 24/7 for renting unused space...  Roll Eyes

However, some independent devs are preparing front-ends and services for storing data on the Sia network in a more user-friendly way and without paying in SC
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June 28, 2017, 05:35:31 PM
 #5127

With all the good things in the pipeline, why is the price so low? Is there a general lack of confidence in SAI? Or is it more a lack of SIA visibility?
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June 28, 2017, 05:49:21 PM
 #5128

Very insightful presentation from David Vorick.

But I don't get why the refund is canceled and the coins just get destroyed. If you make a contract with a host and put money in and then put the host down just to get my own coins back I don't profit at all. What is the deal with it?

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obszoenling
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June 28, 2017, 05:57:30 PM
 #5129

I love Sia, its like Pied Piper for real   Grin

Its such an awesome idea. But the install process, configuration and usage of Sia need to be heavily simplified so that any "idiot" can use it for it to be a true success. Most people using internet does not know how to configure anything, even less calculate profits etc. It needs to be made so that everything can be done by someones grandmother as well as a 5 year old.
Like dropbox, install, choose folders and done. "Rent out unused space" checked would generate Siacoins, but you wouldnt have to configure it unless you would want to change the default values.

I think making it more user-friendly and easier to install and configure would mean a lot for the future.

Well, while individuals storing his files on Sia is awesome, the target of Sia for renting space are the big companies with tons of Tb's that are paying much higher prices than individuals (Amazon S3 asks for $23/Tb). Also from the hosting perspective, I think some minimal knowledge and implication is required: I don't see myself convincing my mother of keeping her computer on 24/7 for renting unused space...  Roll Eyes

However, some independent devs are preparing front-ends and services for storing data on the Sia network in a more user-friendly way and without paying in SC

What do you mean by without paying in SC. While the blockchain is working with SC you would need an direct exchange on the platform, isn't that right?

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Hakkane
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June 28, 2017, 09:02:46 PM
 #5130

But I don't get why the refund is canceled and the coins just get destroyed. If you make a contract with a host and put money in and then put the host down just to get my own coins back I don't profit at all. What is the deal with it?

When a file contract is failed by the host, the renter recovers his allowance, and what is burnt is the collateral that the host put upfront. The renter can't have also the collateral as a "compensation", as it would encourage evil renters to make huge contracts and then DDoS his own hosts to make a profit from the collateral collected. For that reason, lost collateral is burnt.

What do you mean by without paying in SC. While the blockchain is working with SC you would need an direct exchange on the platform, isn't that right?

There are at least 2 projects I am aware(under construction) of services that will allow you to pay in BTC or PayPal and then upload your files. The services will do everything behind the scenes: buying Sia, making the contracts and so
bigzer
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June 28, 2017, 09:04:54 PM
 #5131

Progress looking great.

Do you mind telling us how many developers are currently working on Sia as a full-time job?
obszoenling
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June 28, 2017, 09:06:38 PM
 #5132

But I don't get why the refund is canceled and the coins just get destroyed. If you make a contract with a host and put money in and then put the host down just to get my own coins back I don't profit at all. What is the deal with it?

When a file contract is failed by the host, the renter recovers his allowance, and what is burnt is the collateral that the host put upfront. The renter can't have also the collateral as a "compensation", as it would encourage evil renters to make huge contracts and then DDoS his own hosts to make a profit from the collateral collected. For that reason, lost collateral is burnt.

What do you mean by without paying in SC. While the blockchain is working with SC you would need an direct exchange on the platform, isn't that right?

There are at least 2 projects I am aware(under construction) of services that will allow you to pay in BTC or PayPal and then upload your files. The services will do everything behind the scenes: buying Sia, making the contracts and so

This would mean a major step to gain acceptance. Do you have further links about this?

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June 28, 2017, 09:50:32 PM
 #5133

This would mean a major step to gain acceptance. Do you have further links about this?
One of the projects is from Fornax, called PixelDrain (http://pixeldra.in/) Right now it is not using Sia backend (but his own server instead), but he is working to implement Sia, accepting BTC for larger files, and implementing in the future video streaming. I can't disclose about the second project, sorry, it was a personal communication.

Do you mind telling us how many developers are currently working on Sia as a full-time job?

Nebulous Labs is formed by 4 full-time developers
MrSunshine
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June 28, 2017, 10:44:45 PM
 #5134

Progress looking great.

Do you mind telling us how many developers are currently working on Sia as a full-time job?

Yes, they are quite dedicated. Check out this AMA from reddit. It was from a year ago, but it still gives you a good feel for how tight the team is: https://www.reddit.com/r/siacoin/comments/4o1tu4/we_are_the_sia_core_team_aua/
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June 29, 2017, 01:29:28 AM
 #5135

this is true? https://obelisk.tech/ Huh Huh Huh Huh
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June 29, 2017, 03:23:17 AM
 #5136

this is true? https://obelisk.tech/ Huh Huh Huh Huh

yup ...

#crysx

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June 29, 2017, 03:27:23 AM
 #5137

Which platform are you trading on? What's the increase this year?
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June 29, 2017, 03:35:29 AM
 #5138

Very meticulous team, also the same good for your coins, as if in the media to see your information
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June 29, 2017, 02:24:40 PM
 #5139

Progress looking great.

Do you mind telling us how many developers are currently working on Sia as a full-time job?

Yes, they are quite dedicated. Check out this AMA from reddit. It was from a year ago, but it still gives you a good feel for how tight the team is: https://www.reddit.com/r/siacoin/comments/4o1tu4/we_are_the_sia_core_team_aua/


A year ago? You got nothing more recent than that?
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June 29, 2017, 05:22:36 PM
 #5140

Progress looking great.

Do you mind telling us how many developers are currently working on Sia as a full-time job?

Yes, they are quite dedicated. Check out this AMA from reddit. It was from a year ago, but it still gives you a good feel for how tight the team is: https://www.reddit.com/r/siacoin/comments/4o1tu4/we_are_the_sia_core_team_aua/


A year ago? You got nothing more recent than that?

You got no ability to google things yourself?  Wink
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