[ANN] Sia - Decentralized Storage

[tuandl]

Or Kucoin.
I even prefer Kucoin over Binance, because they are quick at adding new coins

Coinexchange.io is another option, which is good, too.

[goldcoinminer]

Man... we really need binance.. look at verge.. nice growing up.

We still have a great volume so far but Binance is undoubtedly a great addition to the market.
Is there any plans of the team regarding adding new exchanges? I would love to know..

[big_daddy]

not only new exchanges, we need to see the checked points on the roadmap
this year can be massive for SiaCoin

Regards Devs

[Searing]

I can truly say, that i'm very impressed about the siacoin project and its developement. I didnt believe in this project last year, but this hast completely changed. This will be very big and is here to stay.

I've not kept up...2 questions

What is the date for the obelisk SC-1 Siacoin equipment? Is it still July/August 2018...or earlier...or unknown?

How is the progress on the decentralized storage method that the ASIC's are needed for...is that also on track with any/or above timelines

catch is with siacoin both them 'ducks' need to be in a row and at the same time...neither can fly

later

brad

[big_daddy]

not only new exchanges, we need to see the checked points on the roadmap
this year can be massive for SiaCoin

Regards Devs

Where are checkpoints? Would you mind giving me important checkpoints in the year of 2018, please.

according to the roadmap:

"2018
Our goal: Sia becomes production-ready for cold storage, begins to be used by companies, and introduces file sharing."

This I would like to see this year to be done

[big_daddy]

Is there any information about the launch of masternodes  in SIA?

+1 
very interested too

[MrSunshine]

Is there any information about the launch of masternodes  in SIA?

+1 
very interested too

There are no plans for this.

[Hakkane]

I've not kept up...2 questions

What is the date for the obelisk SC-1 Siacoin equipment? Is it still July/August 2018...or earlier...or unknown?

How is the progress on the decentralized storage method that the ASIC's are needed for...is that also on track with any/or above timelines

catch is with siacoin both them 'ducks' need to be in a row and at the same time...neither can fly

later

brad

1 - The shipment date for the Batch 1 was stated on June (Batch 2 will be 6 weeks after that). Obelisk team has stated they are on track and no delays are expected at the moment. Apparently there is a probability that the distribution takes place even sooner, in May, but this can't be confirmed. By the end of this month or early March, apparently they will communicate the final specs of the hardware, and rumors say the hashrate will be higher than the promised 800GHs.

2- I am a bit confused about this question, sorry. In Sia, mining and hosting are unrelated activities. The storage network is provided by hosts that offer their hard drives, currently 4 PetaBytes available in the network. The miners just provide hashing power to secure the blockchain.

[Angel Di]

In general I admit did not expect such growth of the general from this coin for all history. Probably it is connected with the general growth of all cryptocurrencies. And differently I understand nothing. I regret that earlier when there was an opportunity to buy coins very cheap, I did not make it.

[DeKingCrypto]

Man... we really need binance.. look at verge.. nice growing up.

Or Kucoin.
I even prefer Kucoin over Binance, because they are quick at adding new coins

Yes Kucoin is good but in terms of comparison Binance far popular and have more investors than Kucoin. To me Binance will make this coin go faster than it is.

[Technor]

do they gonna ad sia ad binance?

[eyesopen]

A question on the Wallet,
I want to upgrade to the latest wallet
so do I have to download the blockchain again or can i extract it from the outdated wallet and just update it?

No need to download the blockchain again unless you face an issue synchronizing. You can check intructions for upgrading here (very simple: essentially you close Sia and replace the old installation. Next startup can take a long time):  https://siawiki.tech/client/updating_the_interface

Thanks Hakkane, I got the updated wallet downloaded, installed and running the synchronization to bring it up to date.
No need to download the entire blockchain again.

In general I admit did not expect such growth of the general from this coin for all history. Probably it is connected with the general growth of all cryptocurrencies. And differently I understand nothing. I regret that earlier when there was an opportunity to buy coins very cheap, I did not make it.

If you are looking at cheap coins, SIA is currently $0.027 so if you are looking for a long term investment in a real working
technology now is the time before the new mining equipment starts landing and is implemented.

[RocketSpeed]

Bitcoin going up, we going down...man 2billions cap to reach ath its not too much but question is when this happen
In january people speculation was that siacoin will be reach 1$, It will be good it reach 0,30-0,50 cents..

[Searing]

I've not kept up...2 questions

What is the date for the obelisk SC-1 Siacoin equipment? Is it still July/August 2018...or earlier...or unknown?

How is the progress on the decentralized storage method that the ASIC's are needed for...is that also on track with any/or above timelines

catch is with siacoin both them 'ducks' need to be in a row and at the same time...neither can fly

later

brad

1 - The shipment date for the Batch 1 was stated on June (Batch 2 will be 6 weeks after that). Obelisk team has stated they are on track and no delays are expected at the moment. Apparently there is a probability that the distribution takes place even sooner, in May, but this can't be confirmed. By the end of this month or early March, apparently they will communicate the final specs of the hardware, and rumors say the hashrate will be higher than the promised 800GHs.

2- I am a bit confused about this question, sorry. In Sia, mining and hosting are unrelated activities. The storage network is provided by hosts that offer their hard drives, currently 4 PetaBytes available in the network. The miners just provide hashing power to secure the blockchain.

my point on 2) to your point above is the worth of siacoin will be determined by its use in the network storage solution as ASIC machines are used on that network...from what I understand...thus with that in place and before bitmain came out....sia-tech said they would have 25% inflation above 100% coin in existence PER MONTH..my point is the puppy
better work as a storage token...it won't work IMHO, as a speculative coin ...as it is now...with that kind of inflation.which is even MORE now with bitmain units..

anyway, correct me if I'm wrong...how I am viewing this product/protocol/storage vision

[icosscam]

I've not kept up...2 questions

What is the date for the obelisk SC-1 Siacoin equipment? Is it still July/August 2018...or earlier...or unknown?

How is the progress on the decentralized storage method that the ASIC's are needed for...is that also on track with any/or above timelines

catch is with siacoin both them 'ducks' need to be in a row and at the same time...neither can fly

later

brad

1 - The shipment date for the Batch 1 was stated on June (Batch 2 will be 6 weeks after that). Obelisk team has stated they are on track and no delays are expected at the moment. Apparently there is a probability that the distribution takes place even sooner, in May, but this can't be confirmed. By the end of this month or early March, apparently they will communicate the final specs of the hardware, and rumors say the hashrate will be higher than the promised 800GHs.

2- I am a bit confused about this question, sorry. In Sia, mining and hosting are unrelated activities. The storage network is provided by hosts that offer their hard drives, currently 4 PetaBytes available in the network. The miners just provide hashing power to secure the blockchain.

my point on 2) to your point above is the worth of siacoin will be determined by its use in the network storage solution as ASIC machines are used on that network...from what I understand...thus with that in place and before bitmain came out....sia-tech said they would have 25% inflation above 100% coin in existence PER MONTH..my point is the puppy
better work as a storage token...it won't work IMHO, as a speculative coin ...as it is now...with that kind of inflation.which is even MORE now with bitmain units..

anyway, correct me if I'm wrong...how I am viewing this product/protocol/storage vision

I do agree with you that ASIC mining is useful to maintain network working fine. To work fine price should be low for a storage purchaser and high for a miner to mine it. Either way I think that SC will come back to 100-60 range if that 25 % inflation will be truth.

[bpas]

Binance  on the coveted currencies appeared. One of the voting items is SIA, which seems to me to be a very good building block for price and a larger HODLER base.

In this case, we need votes (0.1 BNB each):

https://www.binance.com/vote.html

[big_daddy]

Binance  on the coveted currencies appeared. One of the voting items is SIA, which seems to me to be a very good building block for price and a larger HODLER base.

In this case, we need votes (0.1 BNB each):

https://www.binance.com/vote.html

It's 1$ per vote
so all SC hodlers can do a vote, I think yes

Please @all

Vote SiaCoin


https://www.binance.com/vote.html

[Racc00n]

by the end of jan 20000 miners will be added to sia blockchain
this means difficulty will go higher
price will go higher

lets take LTC + Dash as example
LTC before ASIC mining was 5 - 6 $
after difficulty bomb now 2500% ++
same for Dash
all that in less than a year
so sia started it this month with Bitmain
and i think Obelisk will speed up the shipping time
Baikal will follow
so lets say 2500% of $0.03 = 0.75$ and maybe 1$ by the next 6 months and incoming btc price
as sia in Q1 got impressive milestones i think it will go beyond that price

i came here to quote you in the end of Feb as Sia sinks

[CryptoHypno]

by the end of jan 20000 miners will be added to sia blockchain
this means difficulty will go higher
price will go higher

lets take LTC + Dash as example
LTC before ASIC mining was 5 - 6 $
after difficulty bomb now 2500% ++
same for Dash
all that in less than a year
so sia started it this month with Bitmain
and i think Obelisk will speed up the shipping time
Baikal will follow
so lets say 2500% of $0.03 = 0.75$ and maybe 1$ by the next 6 months and incoming btc price
as sia in Q1 got impressive milestones i think it will go beyond that price

i came here to quote you in the end of Feb as Sia sinks

Douche much?

[Hakkane]

my point on 2) to your point above is the worth of siacoin will be determined by its use in the network storage solution as ASIC machines are used on that network...from what I understand...thus with that in place and before bitmain came out....sia-tech said they would have 25% inflation above 100% coin in existence PER MONTH..my point is the puppy
better work as a storage token...it won't work IMHO, as a speculative coin ...as it is now...with that kind of inflation.which is even MORE now with bitmain units..

anyway, correct me if I'm wrong...how I am viewing this product/protocol/storage vision

There is something incorrect in your reasoning. The amount of hashing power generated by the mining network is totally unrelated to the Supply of coins. This is a common misunderstanding of PoW coins. If the amount of hashrate increases 100x because of a massive deployment of ASICs from Bitmain or whichever other manufacturer, the difficulty of mining will increase instantly 100x to compensate and keep the block time, the block reward and the Inflation stable.

When ASICs are released in a GPU-mined coin, or a new generation of ASICs is released in a coin that already uses ASICs, it doesn't mean more coins will be generated every minute. It just means that the same amount of coins that are usually mined will be redistributed to the new generation of ASICs, and old generations will become unprofitable (they get outcompeted).

So it doesn't matter how much hashrate is added to the network or which manufacturer comes in: the Supply and the Inflation are immutable and predictable. You can check which will be the evolution of both in the next years in these charts: https://www.siastats.info/supply_inflation