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Author Topic: [ANN] Sia - Decentralized Storage  (Read 1342716 times)
goin2mars.
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August 02, 2017, 10:20:11 PM
 #5421

lol let's just say i'm a particularly bad mariner Cheesy

I put up a thread on the forums and will probably join slack soon, and of course I'll be playing with the software next. Pretty sure I've got a wallet file somewhere too.

Thanks for your help!

me before: goo dot gl/QV7mhF
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August 03, 2017, 06:17:40 AM
 #5422

I am new to SIA, I've noticed that when you create a wallet the default password is exactly the same as the seed. Is it a better choice to change it or to keep it like that?

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August 03, 2017, 08:49:21 AM
 #5423

I have withdrawn SIA from Polo in two different withdraws, the first has arrived, the second didn't. Any clues on how to investigate where the transaction got stucked? I've tried the siaexplorer but I didn't understand much of what I've seen there...

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coteng2
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August 03, 2017, 09:01:57 AM
 #5424

I heard that the SC mining ASIC has appeared, in the future, the value of hashing will increase, and the price of SC should be higher and expectation.
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August 03, 2017, 09:28:13 AM
 #5425

I heard that the SC mining ASIC has appeared, in the future, the value of hashing will increase, and the price of SC should be higher and expectation.

Agreed.
Seems like the ASIC Mining, could be a great thing for the future of SIA, as it opens the gates to a large group of people to be able to mine, which could improve the capacity of the Sia Network.
Very big deal!
Hakkane
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August 03, 2017, 12:55:02 PM
 #5426

I have withdrawn SIA from Polo in two different withdraws, the first has arrived, the second didn't. Any clues on how to investigate where the transaction got stucked? I've tried the siaexplorer but I didn't understand much of what I've seen there...

The delays in some withdrawals are a common problem of Poloniex, check this article of the Wiki: https://siawiki.tech/wallet/transactions_confirmation_and_exchanges_issues

About using the Sia Explorer, introduce the "txid" that Polo provided you for the withdrawal and introduce it in the "hash" field of the Explorer. If the transaction is included in a block, it will return you the info of that block, otherwise it will indicate "hash not found" meaning Polo has to re-broadcast the transaction again

I am new to SIA, I've noticed that when you create a wallet the default password is exactly the same as the seed. Is it a better choice to change it or to keep it like that?

You can change the password for your convenience. But always keep the seed wrote down somewhere safe, as if your computer crashes the seed is the only way to recover your funds
Hakkane
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August 03, 2017, 04:36:50 PM
 #5427

Friendly reminder to all Sia users


Last week version 1.3 ("Capricorn") of the Sia client was released, but so far the adoption of this version has been limited.

By updating to the last version, you will enjoy all the new features, like improvements in the UI, more stability and the offline file repair for renters.

But most importantly, by updating you are improving the network reliability. Certain features are network-level and require a certain number of upgraded nodes to work effectively. This includes the improved memory pool of transactions that will avoid the delays that exchanges like Poloniex have been experiencing with withdrawals.

Please, take a few minutes to update your client. No one is reporting issues during the update and if you keep your recovery seed you'll be able to recover your funds even on a different computer in the rare case something goes wrong.

Download the last version here: http://sia.tech/apps/ and if you are not sure about how to upgrade, check this article in the Wiki: https://siawiki.tech/client/updating_the_interface

bobq
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August 03, 2017, 04:41:01 PM
 #5428

I have withdrawn SIA from Polo in two different withdraws, the first has arrived, the second didn't. Any clues on how to investigate where the transaction got stucked? I've tried the siaexplorer but I didn't understand much of what I've seen there...

The delays in some withdrawals are a common problem of Poloniex, check this article of the Wiki: https://siawiki.tech/wallet/transactions_confirmation_and_exchanges_issues

About using the Sia Explorer, introduce the "txid" that Polo provided you for the withdrawal and introduce it in the "hash" field of the Explorer. If the transaction is included in a block, it will return you the info of that block, otherwise it will indicate "hash not found" meaning Polo has to re-broadcast the transaction again

I am new to SIA, I've noticed that when you create a wallet the default password is exactly the same as the seed. Is it a better choice to change it or to keep it like that?

You can change the password for your convenience. But always keep the seed wrote down somewhere safe, as if your computer crashes the seed is the only way to recover your funds

Thank you very much, this has cleared a few thing in my mind. And BTW meanwhile also the second withdrawal has arrived, but it took loong.

coingrow
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August 03, 2017, 05:13:38 PM
 #5429

having an awful hard and long time tried to synchronize SIA wallet. that puts me of off investing in SIA. I mean if they can't even make their wallet user friendly... but for those who speculates, buy and hold SIA on the exchange.. not sure.

Hakkane
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August 03, 2017, 06:18:39 PM
 #5430

having an awful hard and long time tried to synchronize SIA wallet. that puts me of off investing in SIA. I mean if they can't even make their wallet user friendly... but for those who speculates, buy and hold SIA on the exchange.. not sure.

The initial synchronization time is very long, but that is true for every other coin client that needs to download and validate the blocks of the blockchain, including Bitcoin client. Are you using version 1.3? They reduced the initial sync time in that version. Using a SSD instead of a HDD reduces dramatically the time. Also consider an alternative method for syncing, the bootstrapping (downloading the blockchain file): https://siawiki.tech/daemon/bootstrapping_the_blockchain It greatly reduces the time to a few hours, as your computer will only need to validate the blocks, not downloading them.

The UI has obviously margin for improvements, and the team has hired a UI/UX designer to make the next release more pretty and user-friendly. But from that to questioning the whole project... I think there is a big distance.
Laje
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August 03, 2017, 07:06:26 PM
 #5431

Good news:
Introducing S3-style file sharing for Sia through the new Minio integration
https://blog.sia.tech/introducing-s3-style-file-sharing-for-sia-through-the-new-minio-integration-bb880af2366a
bluewhackadoo
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August 04, 2017, 04:33:26 AM
 #5432

Good news:
Introducing S3-style file sharing for Sia through the new Minio integration
https://blog.sia.tech/introducing-s3-style-file-sharing-for-sia-through-the-new-minio-integration-bb880af2366a

Good read, thanks for posting link.
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August 04, 2017, 07:49:34 AM
 #5433

The more and more buzz over FileCoin...What will filecoin provide that Sia doesn't?
Is this going to be Sia killer?
Many times heard Filecoin is the next big thing to BTC and ETH...hmmm  Undecided  Huh
BillCoin
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August 04, 2017, 08:14:41 AM
 #5434

The more and more buzz over FileCoin...What will filecoin provide that Sia doesn't?
Is this going to be Sia killer?
Many times heard Filecoin is the next big thing to BTC and ETH...hmmm  Undecided  Huh

FileCoin is not even at early development  status, it hasn't started yet.
I have no idea where you heard of the thing that FileCoin is a treat to sia, but it has nothing to do against sia at the moment.

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August 04, 2017, 09:18:23 AM
 #5435

The more and more buzz over FileCoin...What will filecoin provide that Sia doesn't?
Is this going to be Sia killer?
Many times heard Filecoin is the next big thing to BTC and ETH...hmmm  Undecided  Huh

FileCoin is not even at early development  status, it hasn't started yet.
I have no idea where you heard of the thing that FileCoin is a treat to sia, but it has nothing to do against sia at the moment.



Filecoin: A Decentralized Storage Network
SIA: Your decentralized private cloud

Same-Same (but different)
Hakkane
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August 04, 2017, 01:49:34 PM
Last edit: August 04, 2017, 05:10:59 PM by Hakkane
 #5436

The more and more buzz over FileCoin...What will filecoin provide that Sia doesn't?
Is this going to be Sia killer?
Many times heard Filecoin is the next big thing to BTC and ETH...hmmm  Undecided  Huh

FileCoin is not even at early development  status, it hasn't started yet.
I have no idea where you heard of the thing that FileCoin is a treat to sia, but it has nothing to do against sia at the moment.



Filecoin: A Decentralized Storage Network
SIA: Your decentralized private cloud

Same-Same (but different)

Well, starting with the most obvious thing: They have no product yet available. No, client, no network, just an ICO they'll launch in a few days. I don't say it is an scam, because Juan Benet (dev leader) is a really brilliant guy and I assume the rest of his team too, but they are right now at the point where Nebulous (the company of Sia devs) was 3 years ago, so they'll have a long, long road to reach the maturity of the development Sia has. Moreover, they have not completed yet the theory development of their consensus mechanism

Both are going to be a decentralized storage networks, right, but in my modest opinion, while Filecoin has good ideas as the filesystem, proof of replication, proof of space-time and so, they lack the trustless features of Sia.

Because one thing is encouraging hosts to keep the data, and another different is discouraging hosts to not drop their data. Both things look similar but let's see the tricky differences:

- In Filecoin and StorJ, hosts are just encouraged to keep the data because if they do it, they will get a reward. In the case of Filecoin, mined new coins. So if you stop mining, you lose future profits

- In Sia, hosts are encouraged to keep the data too because they'll lose future profits, but at the same time they are heavily discouraged to drop the data because they'll lose as well a huge amount of Sia in collateral, normally several times more Siacoins than the reward for storing data. In Sia, hosts are punished for dropping the files. Neither Filecoin nor StorJ have the concept of collateral

At the same, while in Sia miners and hosts are two different entities with different motivations and different economy parameters that affect if they stay or they leave the network, in Filecoin the miners and the hosts are the same single entity. In any coin, it is very normal that a large fraction of miners leave a coin if the value of the coin drops: if the market value of Filecoin drops to half (something totally normal in altcoins, specially in their first years) it would be perfectly normal that half of the miners jump out and start mining other thing more profitable: Burst, Sia, Storj or any other coin that comes in the future. They have the incentive to do it because they'll get more gains and no punishment. But being the miners the hosts as well, if half of these miners-hosts leave the Filecoin network, files will become inaccessible. And for a storage network, this is a huge problem.
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August 04, 2017, 07:34:41 PM
 #5437

The more and more buzz over FileCoin...What will filecoin provide that Sia doesn't?
Is this going to be Sia killer?
Many times heard Filecoin is the next big thing to BTC and ETH...hmmm  Undecided  Huh

FileCoin is not even at early development  status, it hasn't started yet.
I have no idea where you heard of the thing that FileCoin is a treat to sia, but it has nothing to do against sia at the moment.



Filecoin: A Decentralized Storage Network
SIA: Your decentralized private cloud

Same-Same (but different)

Well, starting with the most obvious thing: They have no product yet available. No, client, no network, just an ICO they'll launch in a few days. I don't say it is an scam, because Juan Benet (dev leader) is a really brilliant guy and I assume the rest of his team too, but they are right now at the point where Nebulous (the company of Sia devs) was 3 years ago, so they'll have a long, long road to reach the maturity of the development Sia has. Moreover, they have not completed yet the theory development of their consensus mechanism

Both are going to be a decentralized storage networks, right, but in my modest opinion, while Filecoin has good ideas as the filesystem, proof of replication, proof of space-time and so, they lack the trustless features of Sia.

Because one thing is encouraging hosts to keep the data, and another different is discouraging hosts to not drop their data. Both things look similar but let's see the tricky differences:

- In Filecoin and StorJ, hosts are just encouraged to keep the data because if they do it, they will get a reward. In the case of Filecoin, mined new coins. So if you stop mining, you lose future profits

- In Sia, hosts are encouraged to keep the data too because they'll lose future profits, but at the same time they are heavily discouraged to drop the data because they'll lose as well a huge amount of Sia in collateral, normally several times more Siacoins than the reward for storing data. In Sia, hosts are punished for dropping the files. Neither Filecoin nor StorJ have the concept of collateral

At the same, while in Sia miners and hosts are two different entities with different motivations and different economy parameters that affect if they stay or they leave the network, in Filecoin the miners and the hosts are the same single entity. In any coin, it is very normal that a large fraction of miners leave a coin if the value of the coin drops: if the market value of Filecoin drops to half (something totally normal in altcoins, specially in their first years) it would be perfectly normal that half of the miners jump out and start mining other thing more profitable: Burst, Sia, Storj or any other coin that comes in the future. They have the incentive to do it because they'll get more gains and no punishment. But being the miners the hosts as well, if half of these miners-hosts leave the Filecoin network, files will become inaccessible. And for a storage network, this is a huge problem.

yes its looks like that same but not
and i agree with the ZOZO
1:(- In Sia, hosts are encouraged to keep the data too because they'll lose future profits, but at the same time they are heavily discouraged to drop the data because they'll lose as well a huge amount of Sia in collateral, normally several times more Siacoins than the reward for storing data. In Sia, hosts are punished for dropping the files. Neither Filecoin nor StorJ have the concept of collateral)
2:(But being the miners the hosts as well, if half of these miners-hosts leave the Filecoin network, files will become inaccessible. And for a storage network, this is a huge problem.
these two questions are blowing my mind wight now

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WALLET




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Pajulapoiss
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August 05, 2017, 10:24:09 AM
 #5438

just discovered SIA, Such a good idea!

The project definetly looks promising, purchased 5000 SIA at 300sat.

By looking at SIA's chart and seeing BTC's new all time high, I'd say there's nowhere to go but UP! Now is the time to grab them cheap SIAcoins.

Will be keeping my eye on this one from now on.

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DeepVault
Blockchain File Signatures
deeponion.org
BillCoin
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August 05, 2017, 10:27:05 AM
 #5439

just discovered SIA, Such a good idea!

The project definetly looks promising, purchased 5000 SIA at 300sat.

By looking at SIA's chart and seeing BTC's new all time high, I'd say there's nowhere to go but UP! Now is the time to grab them cheap SIAcoins.

Will be keeping my eye on this one from now on.


That's great!
I also think that Sia has a really great future and I already own millions Smiley

I believe it could reach something between 600-650 at the near future, all we have to do is just to wait, in my opinion.
supertee
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August 05, 2017, 10:34:16 AM
 #5440

Honestly, Sia suffered a lot from the crash and did not recover yet.. By far not.. I would have expteced Sia to recover a bit more. Maybee 300 - 330 is just it's price.

Passion.
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