super3
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Activity: 1094
Merit: 1006
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July 29, 2014, 03:20:19 PM |
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Congratulations on your crowd sale btw. I know it's not 9800 btc, but 560 btc is nothing to shake a stick at. I wish you guys the best luck.
Thanks. Yeah, its pretty great. We will have a few tricks up our sleeves, and we don't need too much funding in the beginning. |
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PondSea
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Activity: 1428
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August 08, 2014, 12:31:15 PM |
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Hello Taek, Would you be able to give us an update on the progress? I am deliberating with myself if i should buy more Sia currently or not.  Out of interest would you be hiring more devs to work on this so you can get the product out faster? |
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Taek (OP)
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August 11, 2014, 03:57:24 AM |
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Yeah, been planning on making an update.
This week was pretty rough, we just moved into our new place (finally) but it was a wreck. We've spent the last few days cleaning up and haven't had time for Sia.
At this point, we're approaching on releasing a test-network, which will a bunch of isolated (IE not talking to each other) quorums of hosts. We'll need a bunch of testers, 20 is probably enough at this point. What we're mostly testing for is network stability. The theory says that we'll be mostly stable, but our local tests have shown a lot more instability than we've been expecting. I'm going to keep tweaking the algorithms but these partial-scale tests are going to give us much better information on what sorts of failures to expect.
We'd want some sort of arrangement where a standard home connection, with all the instabilities that accompany it, could expect something like 90%+ efficiency on Sia (meaning that all of their downtime, plus the fact that they have to share a connection during peak hours doesn't cost them more than 10% income, and doesn't result in them bouncing from quorum to quorum because they keep getting kicked). I have a feeling that our current setup is going to result in a high rate of people getting kicked, but I'm not exactly sure which links in the chain are going to be the weakest. Testing will help a lot, and it will help us figure out where to spend our energy.
I'm not exactly sure when the test suite will be ready. We're already building out a cli, and pretty much all of the functionality is in place, it's just not fully wired together. I was hoping to have it ready by now but we got thrown off with all the moving (we're only two guys and we live together, so all of Sia got affected).
As for hiring more developers, we're close to hiring at least 1 engineer. The thing is, looking into hiring is going to take away a lot of our development time, and training the new guy/teaching him Sia is also going to soak up a lot of dev time. So what I think we'll do is get the test network up, spend 1 or 2 weeks fixing all of the super-big problems, and then we'll have 2-4 weeks to focus on hiring while we wait for smaller or subtler problems to reveal themselves.
Realistically, the new dev won't start working for probably 3-6 months. And then they won't be truly useful for another 3-6 months after that.
Sia is a new complex system, and the codebase is going to need a lot of time and love before it's as stable as Bitcoin. Bitcoin spent several years in incubation. I'm hoping we can be a lot faster than that, but we'll need to see. The good news is that we've got enough funding to last about 2 years, even if we hire 2 additional people. I do think though that we'll have a pretty strong beta up by the end of the year.
As always, happy to answer any questions or go into detail on anything you guys are curious about.
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grandpa_seth
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Simcoin Puny Humans Communicator
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August 11, 2014, 04:59:44 AM |
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Thank you for the update and for providing them candidly. You guys have convinced me in the ginormous potential sia has. I am hypnotizing you right now. You are special. You will dominate cloud storage by solving problems others can not. You will make me millions thereby making yourself hundreds of millions. You will make sure Disney does not ruin Star Wars. The last one being the hardest to accomplish.
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super3
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August 11, 2014, 06:40:41 AM |
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Ping us at Storj when you get a more solid CLI done. We can hack something together so people can store their files on Sia via Metadisk, and any drive farming software can be throw into the DriveShare GUI. Your quorum stuff is legit, so we can probably help you on the app and frontend portion and let you guys dig into the cool data stuff. Good luck! Happy to help test and give you more technical feedback. |
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msin
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August 11, 2014, 04:37:02 PM |
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Thank you for the update and for providing them candidly. You guys have convinced me in the ginormous potential sia has. I am hypnotizing you right now. You are special. You will dominate cloud storage by solving problems others can not. You will make me millions thereby making yourself hundreds of millions. You will make sure Disney does not ruin Star Wars. The last one being the hardest to accomplish.
This is the best post on BTT today. Trust me, I've read them all. |
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grandpa_seth
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Simcoin Puny Humans Communicator
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August 12, 2014, 12:54:55 AM |
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Thank you for the update and for providing them candidly. You guys have convinced me in the ginormous potential sia has. I am hypnotizing you right now. You are special. You will dominate cloud storage by solving problems others can not. You will make me millions thereby making yourself hundreds of millions. You will make sure Disney does not ruin Star Wars. The last one being the hardest to accomplish.
This is the best post on BTT today. Trust me, I've read them all. Thanks msin. This thread was derailing too much with sia development updates and discussions on the future of crypto cloud storage.  |
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djtanner
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August 12, 2014, 11:45:01 AM |
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So is storj in competition with siacoin? Which should I invest in? Or should I buy both?
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mthompson362
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August 12, 2014, 04:47:12 PM |
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So is storj in competition with siacoin? Which should I invest in? Or should I buy both?
No, Sia and Storj are not in competition. We at Storj do not believe in competition and would love integrating with Sia along with sharing ideas. |
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msin
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August 12, 2014, 05:06:41 PM |
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So is storj in competition with siacoin? Which should I invest in? Or should I buy both?
No, Sia and Storj are not in competition. We at Storj do not believe in competition and would love integrating with Sia along with sharing ideas. Can you explain from a technical standpoint how you are not in competition? I understand you don't believe in competition, but if Sia considers you competition, then you are competitors. |
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MadGhost
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★777Coin.com★ Fun BTC Casino!
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August 12, 2014, 05:07:24 PM |
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So is storj in competition with siacoin? Which should I invest in? Or should I buy both?
that depends on the market value of the coin |
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mthompson362
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August 12, 2014, 05:19:21 PM |
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So is storj in competition with siacoin? Which should I invest in? Or should I buy both?
No, Sia and Storj are not in competition. We at Storj do not believe in competition and would love integrating with Sia along with sharing ideas. Can you explain from a technical standpoint how you are not in competition? I understand you don't believe in competition, but if Sia considers you competition, then you are competitors. Well even looking at the past replies in this thread between super3 (Storj founder and lead developer) and Taek shows there is no sense of hostility or competition. As super3 mentioned, we could later on integrate Sia into Storj by allowing people to store on Sia via our application Metadisk, and any drive farming software could be used with our DriveShare GUI. Not to mention how interesting the quorum aspect of Sia is; Storj would be happy to help with applications and frontend and so on. |
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msin
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August 12, 2014, 06:05:54 PM |
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So is storj in competition with siacoin? Which should I invest in? Or should I buy both?
No, Sia and Storj are not in competition. We at Storj do not believe in competition and would love integrating with Sia along with sharing ideas. Can you explain from a technical standpoint how you are not in competition? I understand you don't believe in competition, but if Sia considers you competition, then you are competitors. Well even looking at the past replies in this thread between super3 (Storj founder and lead developer) and Taek shows there is no sense of hostility or competition. As super3 mentioned, we could later on integrate Sia into Storj by allowing people to store on Sia via our application Metadisk, and any drive farming software could be used with our DriveShare GUI. Not to mention how interesting the quorum aspect of Sia is; Storj would be happy to help with applications and frontend and so on. Yes, I was just wondering from a technical perspective if you are trying to accomplish the same thing, but sounds like you are not really. Storj seems like a good group of devs. |
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grandpa_seth
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Simcoin Puny Humans Communicator
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August 13, 2014, 02:22:42 AM |
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So I have to consider buying some storjcoin too now? I would very much appreciate if one of the storj guys could give an honest description for the layman as to why storjcoin will have value and what is it? I already know the reasons why an investment in sianotes can potentially make a big return. Can someone at storj explain storjcoin's goal pretty please?
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super3
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August 13, 2014, 02:34:39 AM |
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So I have to consider buying some storjcoin too now? I would very much appreciate if one of the storj guys could give an honest description for the layman as to why storjcoin will have value and what is it? I already know the reasons why an investment in sianotes can potentially make a big return. Can someone at storj explain storjcoin's goal pretty please?
It would be unfair to Sia to clutter their topic with an advertisement for Storj. Our website should address most questions: http://storj.io or http://storjtalk.org. We also have a few topics on Bitcointalk as well. |
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grandpa_seth
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August 13, 2014, 02:37:29 AM |
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Thanks for the links super3. I wasn't thinking.
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Taek (OP)
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August 13, 2014, 06:29:28 AM |
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Just to add my 2 cents, I don't consider Storj to be in competition. Their specific goals are different enough from ours that their extreme success would not be detrimental to the success of Sia at all. And vice-versa. As Sia gets further along, we'll be looking to integrate with Storj more than we currently have.
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skrtel37
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August 13, 2014, 09:23:20 PM |
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Is this going to be as expensive as storj?? Or something normal
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skrtel37
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August 14, 2014, 05:38:42 AM |
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Half a day and not a single response...doesn't make me confident
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Vega
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August 14, 2014, 06:15:26 AM |
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Half a day and not a single response...doesn't make me confident
That's all right, your confidents it not required. They don't want your money. There was a funding round months ago, and may or may not be another one, but not for a while for sure. Also they were not selling coins but pieces of future profits, so price is not really comparable to storj. |
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