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Author Topic: [ANN] Sia - Decentralized Storage  (Read 1382127 times)
Hakkane
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December 02, 2017, 05:34:00 AM
 #6641

Very important reminder:

On block 135.000 (in about 5 days) there will be a hard fork in order to implement the new hashing difficulty algorithm. This was planned 6 months ago.

Be sure to update to version 1.3.0 if you haven't done it yet. Prior versions will not accept the new blocks and so will not sync anymore with the network.

Download the latest version here: https://sia.tech/apps/

If you need indications of how to update, follow this article of the Wiki: https://siawiki.tech/client/updating_the_interface

This is the announcement of David Vorik, lead developer, on the official Discord:





Thanks for that explanations man! Appreciate it very much. Thats exactly the case, I am using a HDD. So thats why it takes ages... Thanks for the workaround tip I will check that out. But on the other hand a cold storage is all I need at the moment, because I want to hold my SIA for long term anyway and dont want to send them anywhere in the next year. So yeah, I guess I will just do it that way.

My pleasure  Smiley
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December 02, 2017, 10:01:54 AM
 #6642

hi guys...does anyone know how much hash would i get for minin Sia with rx 470 8gb? tried to find with uncle Google...no success...

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December 02, 2017, 01:15:56 PM
 #6643

hi guys...does anyone know how much hash would i get for minin Sia with rx 470 8gb? tried to find with uncle Google...no success...

~800 Mh/s

monero: 44EmypyVbByiC8VCqVgHg6ZpYxCSzF6EhfPg6tAGbRxYiJo7uNrMHFvVcYM8r1aVamdQ5F5Jxicr1XV pMFjfJgRyMoPbYdd
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December 02, 2017, 02:22:28 PM
 #6644

Very important reminder:

On block 135.000 (in about 5 days) there will be a hard fork in order to implement the new hashing difficulty algorithm. This was planned 6 months ago.

Be sure to update to version 1.3.0 if you haven't done it yet. Prior versions will not accept the new blocks and so will not sync anymore with the network.

Download the latest version here: https://sia.tech/apps/

If you need indications of how to update, follow this article of the Wiki: https://siawiki.tech/client/updating_the_interface

This is the announcement of David Vorik, lead developer, on the official Discord:

https://i.imgur.com/ekdmXnV.jpg



Thanks for that explanations man! Appreciate it very much. Thats exactly the case, I am using a HDD. So thats why it takes ages... Thanks for the workaround tip I will check that out. But on the other hand a cold storage is all I need at the moment, because I want to hold my SIA for long term anyway and dont want to send them anywhere in the next year. So yeah, I guess I will just do it that way.

My pleasure  Smiley


I just bought in a couple days ago, project looks awesome, really great idea. My coins are still currently in exchange (cryptopia). Do I need to do anything for upcoming hardfork?
Hakkane
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December 02, 2017, 04:19:29 PM
 #6645

I just bought in a couple days ago, project looks awesome, really great idea. My coins are still currently in exchange (cryptopia). Do I need to do anything for upcoming hardfork?

If Cryptopia has their wallets with the software updated to the last release, all should be good. The version 1.3.0 that is compatible with the fork was released 6 months ago.

However, keeping your coins at an exchange is a terrible idea in general. Exchanges can crash, can be hacked, can run away with the money, and in all those scenarios you'll lose your coins. Just remember how many exchanges have crashed in the past, even the huge ones. Just remember what happened with MtGox, that back in time was the biggest exchange.

I honestly recommend you to keep all your coins in wallets that you control, not only Sia
gembitz
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December 02, 2017, 04:45:06 PM
 #6646

I just bought in a couple days ago, project looks awesome, really great idea. My coins are still currently in exchange (cryptopia). Do I need to do anything for upcoming hardfork?

If Cryptopia has their wallets with the software updated to the last release, all should be good. The version 1.3.0 that is compatible with the fork was released 6 months ago.

However, keeping your coins at an exchange is a terrible idea in general. Exchanges can crash, can be hacked, can run away with the money, and in all those scenarios you'll lose your coins. Just remember how many exchanges have crashed in the past, even the huge ones. Just remember what happened with MtGox, that back in time was the biggest exchange.

I honestly recommend you to keep all your coins in wallets that you control, not only Sia

i bought at 300 satoshi..am i going to be ok? :\ thanks is now safer time to buy?<<<

https://poloniex.com/exchange#btc_sc

©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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December 02, 2017, 05:19:50 PM
 #6647

I just bought in a couple days ago, project looks awesome, really great idea. My coins are still currently in exchange (cryptopia). Do I need to do anything for upcoming hardfork?

If Cryptopia has their wallets with the software updated to the last release, all should be good. The version 1.3.0 that is compatible with the fork was released 6 months ago.

However, keeping your coins at an exchange is a terrible idea in general. Exchanges can crash, can be hacked, can run away with the money, and in all those scenarios you'll lose your coins. Just remember how many exchanges have crashed in the past, even the huge ones. Just remember what happened with MtGox, that back in time was the biggest exchange.

I honestly recommend you to keep all your coins in wallets that you control, not only Sia

i bought at 300 satoshi..am i going to be ok? :\ thanks is now safer time to buy?<<<

https://poloniex.com/exchange#btc_sc

you will ok.. you should buy more now . its rock bottom. will moon soon



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gembitz
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December 02, 2017, 05:30:39 PM
 #6648

I just bought in a couple days ago, project looks awesome, really great idea. My coins are still currently in exchange (cryptopia). Do I need to do anything for upcoming hardfork?

If Cryptopia has their wallets with the software updated to the last release, all should be good. The version 1.3.0 that is compatible with the fork was released 6 months ago.

However, keeping your coins at an exchange is a terrible idea in general. Exchanges can crash, can be hacked, can run away with the money, and in all those scenarios you'll lose your coins. Just remember how many exchanges have crashed in the past, even the huge ones. Just remember what happened with MtGox, that back in time was the biggest exchange.

I honestly recommend you to keep all your coins in wallets that you control, not only Sia

i bought at 300 satoshi..am i going to be ok? :\ thanks is now safer time to buy?<<<

https://poloniex.com/exchange#btc_sc

you will ok.. you should buy more now . its rock bottom. will moon soon

ok ya i heared they have some new asic for siacoin is this true? :\  i grabbed a small here at 61<<<wish me luck fortune *

https://poloniex.com/exchange#btc_sc

©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
casey.anthony195
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December 02, 2017, 05:34:49 PM
 #6649

If the data which is being stored is decentralized, wouldn't it technically make my data more vulnerable?
Jake Roberson
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December 02, 2017, 05:37:26 PM
 #6650

If the data which is being stored is decentralized, wouldn't it technically make my data more vulnerable?
Sure, they may miss the embezzlement of their client's data, which is pretty disgusting Sad
gembitz
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December 02, 2017, 05:38:07 PM
 #6651

If the data which is being stored is decentralized, wouldn't it technically make my data more vulnerable?

i hear it actually works im going to download the software i guess microsoft wants to use this coin :\ hmmmm testing 100 satoshi today<<<

©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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December 02, 2017, 06:08:18 PM
 #6652

SIA is about to lift off, volume increased in 2 hours significantly
Hakkane
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December 02, 2017, 06:35:23 PM
 #6653

If the data which is being stored is decentralized, wouldn't it technically make my data more vulnerable?

Just the opposite. If your data is centralized, you can lose your data in any of these scenarios:

- A government or the storage company reads your files and shut downs your access to the data beacause of some policy (hello, Google Docs)
- The storage company changes the pricing terms on the fly asking you to pay more to keep accessing it (hello, Crahsplan), or simply shuts down due to bankruptcy
- A technical failure in the bridge or connection to the storage company
- A hacker access the storage company and destroys your data

In a de-centralized network like Sia this is impossible:
- Each particular host can't read your files, as it has access to incomplete fragments of it, and even if several of them were compromised, your data is encrypted
- A large number of hosts can go offline and you'll still have access to the data. Each file is distributed among 30 host, and you only need 10 of them to download the file. Hosts are spread worldwide
Jedgar
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December 02, 2017, 06:45:59 PM
 #6654

I just bought in a couple days ago, project looks awesome, really great idea. My coins are still currently in exchange (cryptopia). Do I need to do anything for upcoming hardfork?

If Cryptopia has their wallets with the software updated to the last release, all should be good. The version 1.3.0 that is compatible with the fork was released 6 months ago.

However, keeping your coins at an exchange is a terrible idea in general. Exchanges can crash, can be hacked, can run away with the money, and in all those scenarios you'll lose your coins. Just remember how many exchanges have crashed in the past, even the huge ones. Just remember what happened with MtGox, that back in time was the biggest exchange.

I honestly recommend you to keep all your coins in wallets that you control, not only Sia

yeah, good advice to keep all in controllable wallets but there is also a need to trade
SneakyBeaver420
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December 02, 2017, 10:07:57 PM
Last edit: December 02, 2017, 10:50:39 PM by SneakyBeaver420
 #6655

If the data which is being stored is decentralized, wouldn't it technically make my data more vulnerable?

Just the opposite. If your data is centralized, you can lose your data in any of these scenarios:

- A government or the storage company reads your files and shut downs your access to the data beacause of some policy (hello, Google Docs)
- The storage company changes the pricing terms on the fly asking you to pay more to keep accessing it (hello, Crahsplan), or simply shuts down due to bankruptcy
- A technical failure in the bridge or connection to the storage company
- A hacker access the storage company and destroys your data

In a de-centralized network like Sia this is impossible:
- Each particular host can't read your files, as it has access to incomplete fragments of it, and even if several of them were compromised, your data is encrypted
- A large number of hosts can go offline and you'll still have access to the data. Each file is distributed among 30 host, and you only need 10 of them to download the file. Hosts are spread worldwide

^^This comment make me register, well explained sir.

I must add that the de-centralization of the data is the future because it's clearly proven that on almost a daily basis that centralized data is at risk; data leaks, Mother Nature damage or even a terrorist attack (EMP sort of) on major datacenters

Storing encrypted parts of data on multiple node is absolutely brillant; the data cannot go down, be destroyed or vanish.

I have been interested into and started mining back in september.

-Edit :
hi guys...does anyone know how much hash would i get for minin Sia with rx 470 8gb? tried to find with uncle Google...no success...

I am currently doing 509.6 mh/s with a RX 470!

-Beaver from Canada
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December 03, 2017, 08:39:15 AM
 #6656

 - Whats the best way to keep some of your SIA offline, as there is no hardware wallet available ?
pubix
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December 03, 2017, 09:57:23 AM
 #6657

What's the easiest/simplest wallet to use?
Mefestofel_Mefis
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December 03, 2017, 10:01:34 AM
 #6658

The SIA tech is the future of storage, i think...i believe someday SIA will partnership with netflix, airbnb, developer, alibaba...and other company who need storage...SIA is so efficient...
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December 03, 2017, 10:11:55 AM
 #6659

I just bought in a couple days ago, project looks awesome, really great idea. My coins are still currently in exchange (cryptopia). Do I need to do anything for upcoming hardfork?

If Cryptopia has their wallets with the software updated to the last release, all should be good. The version 1.3.0 that is compatible with the fork was released 6 months ago.

However, keeping your coins at an exchange is a terrible idea in general. Exchanges can crash, can be hacked, can run away with the money, and in all those scenarios you'll lose your coins. Just remember how many exchanges have crashed in the past, even the huge ones. Just remember what happened with MtGox, that back in time was the biggest exchange.

I honestly recommend you to keep all your coins in wallets that you control, not only Sia

i bought at 300 satoshi..am i going to be ok? :\ thanks is now safer time to buy?<<<

https://poloniex.com/exchange#btc_sc

you will ok.. you should buy more now . its rock bottom. will moon soon


Why should it moon? Seems not really mooning for the upcoming fork. Also as I understand the fork is not a real big thing so wondering why the price should increase much. But let me know your thoughts.

GayEddie
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December 03, 2017, 11:03:35 AM
 #6660

SIA is about to lift off, volume increased in 2 hours significantly

Nah won’t happen.
Been waiting for it to lift off since the moon period. The only way it go is downnnn
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