[ANN] Sia - Decentralized Storage

[Sincere_]

Sia storage is an interesting concept and has a chance at real world use soon for sia

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[bitstreetbankster]

Hi folks. I bought some coins on recent dip and now I'd like to store them in cold storage for long term hodling.
Unfortunately I'm not sure how to do it properly. Can someone please help? Paper wallet? Hardware wallet?
Thanks

[Aquazi]

The world need cheap hosting and yes we are moving in that direction since 1995, look at the hosting plans in late 19s and now. So why you feel that Sia token will gain value when the world needs cheap hosting?? If Sia falls below the rep value then it will be a inflation. mark my words.

You know you have unlimited space on dropbox for 15 a month right?

Unlimited.

(and 200gb of transfer everyday which will go up).

[obszoenling]

Hi folks. I bought some coins on recent dip and now I'd like to store them in cold storage for long term hodling.
Unfortunately I'm not sure how to do it properly. Can someone please help? Paper wallet? Hardware wallet?
Thanks

You can download the wallet, create a seed and delete the wallet again. With the seed you can revive your wallet and your coins anytime.
The better option might be a paper wallet. You can create one here: https://siapaperwallet.co/
Create a wallet, safe the seed and send the coins to the wallets address. This way you don't need to download anything. I haven't used the paperwallet yet so I can't say if the link above is legit.
I

[Hakkane]

Nobody's going to use ever siacoin as a storage solution.

It's either expensive for the host or expensive for the customer, but it can't be good for both

And this ignores how complicated it is to store and download files from sia compared to mainstream solutions, the fact that you can't give a siacoin bill to your accountant and the constant price fluctuation.

You guys just can't give up.

About your B), yes 100% of the cryptocurrency market is all hype and no use atm and is seriously overvalued.

You keep coming to this thread, keep spreading the same FUD one time and another, and another... and keep refusing to debate your positions every time someone answers you. As you keep ignoring my answers to your FUD, I'll keep quoting my own answers every time you come again to vomit the same no-sense:

It is profitable for the host. Even if we consider a price of $1/Tb/month. You can buy enterprise-grade HDDs at less than $25/Tb and they are prepared to last more than 5 years. A ROI of 2 years (or less) is perfectly acceptable if your HDDs are going to last more than 5 years. Hosting is not like mining were difficulty increases over time. In hoisting, if you stay ompetitive you'll keep getting contracts forever. And electricity costs are irrelevant: a good HDD of 4Tb or even 8Tb will consume less than 3W

It is profitable for renter. People incorrectly compares Sia to Onedrive, Google storage or other costumers solutions that are "free" or very cheap. Companies can't use those solutions and have to purchase storage to Amazon ($23/Tb/month), Azure ($30) or Akamai ($50). Do you know how much is paying a renter right now in Sia? 250SC/Tb/month, roughly $2. And with the advantages of encryption, decentralization, and low latency due to the huge world-wide distributed network of hosts

You know you have unlimited space on dropbox for 15 a month right?

Unlimited.

(and 200gb of transfer everyday which will go up).

And do you know companies can not apply to that offer? And do you know there is no limit of transfer on Sia? And do you know data is not natively encrypted on Dropbox, and they can do whatever they want with your data? Like for example, in a few years limit the "unlimited" tier to force you to pay more for all that data you have already stored with them.

And oh, BTW, Sia is less than $3/Tb/month. Deal with it.

Hi folks. I bought some coins on recent dip and now I'd like to store them in cold storage for long term hodling.
Unfortunately I'm not sure how to do it properly. Can someone please help? Paper wallet? Hardware wallet?
Thanks

Instead of the paperwallet they indicated you (the code is still in reviewing process by other devs to confirm it is legit), I recommend you this tool created by the developing team: https://github.com/avahowell/sia-coldstorage

[MiPe]

Sia is more popular day by day. Nice to see good progress.

[goin2mars.]

They're looking to be a while out there, but there are solid use cases that will absolutely require decentralized storage for progression to continue.

Possibly the most important potential applications, IMO, of decentralized storage can be found browsing the articles on sites like this:

https://futurism.com/enhancedhumans/

A few in particular:

https://futurism.com/new-tech-is-giving-humanity-many-potential-paths-to-immortality/

https://futurism.com/darpa-is-working-on-enhancing-human-senses-with-computers/

https://futurism.com/neuroreality-the-new-reality-is-coming-and-its-a-brain-computer-interface/

[trgnn]

It couls be absolutely great to be able to generate a link for sharing a file with somebody. A torent-like link. The wallet wouldn't be necessary for everyone then...

[servanius]

  hoi foks i instal the android sia wallet and wanna check the adres,but the wallet says you need to unlock wallet first.
But it dont tels me howe to do this,can somebody tels me how to unlock android wallet thank you.

[Hakkane]

It couls be absolutely great to be able to generate a link for sharing a file with somebody. A torent-like link. The wallet wouldn't be necessary for everyone then...

That is on the roadmap (https://trello.com/b/Io1dDyuI/sia-public-roadmap) File sharing among users on next update and external sharing on the next 18 months 

hoi foks i instal the android sia wallet and wanna check the adres,but the wallet says you need to unlock wallet first.
But it dont tels me howe to do this,can somebody tels me how to unlock android wallet thank you.

Hello. You have downloaded a client that neither is official, nor the author have provided the code for reviewing and moreover: as far as we are aware is not working properly and you can't send transactions.

Probably the app is asking you your recovery seed to unlock the wallet. But I don't recommend you to provide it, as there are some chances the app is a scam and it would deplete the funds of your wallet. Use only the official client: http://sia.tech/apps/

[fsbmesquita]

It is profitable for the host. Even if we consider a price of $1/Tb/month. You can buy enterprise-grade HDDs at less than $25/Tb and they are prepared to last more than 5 years. A ROI of 2 years (or less) is perfectly acceptable if your HDDs are going to last more than 5 years. Hosting is not like mining were difficulty increases over time. In hoisting, if you stay ompetitive you'll keep getting contracts forever. And electricity costs are irrelevant: a good HDD of 4Tb or even 8Tb will consume less than 3W

And do you know companies can not apply to that offer? And do you know there is no limit of transfer on Sia? And do you know data is not natively encrypted on Dropbox, and they can do whatever they want with your data? Like for example, in a few years limit the "unlimited" tier to force you to pay more for all that data you have already stored with them.

And oh, BTW, Sia is less than $3/Tb/month. Deal with it.
 

Simple question: as i see, it has lots of advantages, including the one that makes everybody pay attention: price (huge). Why then it has not gone mainstream yet?
Thank you in advance for ur time and answer.

[Hakkane]

Simple question: as i see, it has lots of advantages, including the one that makes everybody pay attention: price (huge). Why then it has not gone mainstream yet?
Thank you in advance for ur time and answer.

The network was released just 2 years ago, and a project like this don't become mainstream so fast in the same way Bitcoin will still require several years to become a mainstream currency.

The most honest reason is that the product is not totally complete. It works, and renters can upload (and everyday upload) their files and backups, but there is still much work to keep doing: beyond 5 Terabytes uploaded the client starts to freeze, there are certain bugs some renters experience, native file sharing and file streaming is not yet allowed. Fortunately, solutions to all these points are in their roadmap, and for instance next release on September/October should revamp the renter experience and increase the cap to 40Tb.

Also the independent developers have to keep creating tools and services over the Sia network (like storage services that accept FIAT and do the Sia thing behind the scenes), and keep creating integrations with popular services and tools. The dev team created last month a campaign of bounties to encourage independent devs to achieve these integrations. Last month it was Minio (a popular storage server container compatible with Amazon S3 or Azure), last week it was Duplicati (a popular backup service) and more bounties will come.

Bottom line: While it is a working product, there is work yet to do. But step by step Sia is getting there.

[matrixturk]

I wonder a answer a question.  maybe user will upload illegal content to storage. has it control for content by sia?

If I understood correctly, the files are encrypted and no, Sia has noway to control what is uploaded. Everything is kept secret and nobody can open and read your files.

But maybe I'm wrong ?

Your sensible correct but when we make hdd mining mission hosted some hdd to SIA. I wonder will it problem for us if users upload illegal content. Because all content will be in our hdd.

There is no danger for hosts, as storage providers are not liable of contents they hosts. Besides, files are encrypted and each individual host is unable the reconstruct the full file as they are recipient of only fragments of it. This is from the Sia Wiki:

Hosts (and websites) are considered safe from user submitted content under section 512 of the Digital Millennium Copyright Act. Storage providers, websites and ISPs (Internet Service Providers) are considered protected under 230(c)(1) of the Communications Decency Act. No cases in the US have specifically accused websites of CP and 230©(1) and it is considered a safe harbor, but has never been tried. If you require more specific information, we recommend you discussing this with your legal representation

In any case, a future update will allow hosts to remove specific file contracts, just in case laws change and a host is required to delete certain files

Thank you for this nice information

[fsbmesquita]

Thank you very much. But if a small business want to use it, it can? Is it robust enough for that?

[LordShanken]

Train starts moving shopping time is now!

Fingers crossed! I'm all in! 

[Pritesh_1]

It seems like the perfect time to invest. Personally put in 7 BTC (23% of portfolio) an hour ago.
There are few problems, but this altcoin looks to be the most promising for mid-long hold.

[MrSunshine]

Train starts moving shopping time is now!

Fingers crossed! I'm all in! 

Don't put your eggs all in one basket, I spread mine of 20 coins. Shitcoins get a small %. Quality coins like Sia get 5%+ of the total portfolio.

[Slow death]

It seems like the perfect time to invest. Personally put in 7 BTC (23% of portfolio) an hour ago.
There are few problems, but this altcoin looks to be the most promising for mid-long hold.

really a good project and this very cheap, I remember when it was worth 300 satoshi, and think that it fell so much

I spread mine of 20 coins.

How can you monitor all those coins?

[ljb281]

Train starts moving shopping time is now!

Fingers crossed! I'm all in! 

Don't put your eggs all in one basket, I spread mine of 20 coins. Shitcoins get a small %. Quality coins like Sia get 5%+ of the total portfolio.

Poverty mindset has been pounded into you; my deepest sympathies.

Poor people believe you shouldn't put all your eggs in one basket, billionaires put all their eggs in one basket and do everything in their power to make sure their basket isn't knocked over.

[scrimper]

sia is doing well, i picked some up at 25 satoshi and hodl longterm.... by the way i think obelisk is a good decision.