Sia coin was just chosen to be BHP Billiton's internal finance and revenue system platform.
And remember
SIACOIN IS THE ONLY COIN AFTER BITCOIN TO HAVE AN ACTUAL USE
listark.com
Get in faggot we're going to Saturn.
Sia coin was just chosen to be BHP Billiton's internal finance and revenue system platform
Zachary Reed
Other urls found in this thread:
ftreporter.com
financemagnates.com
blog.sia.tech
influencive.com
explore.sia.tech
coinmarketcap.com
download.wpsoftware.net
twitter.com
Julian Foster
This link is literally fucking nothing.
Luke Powell
ftreporter.com
blog.sia.tech
influencive.com
And
blog.sia.tech
Isaac Robinson
WISDOM FROM BEYOND
Thanks very much.
I know the Sia developers personally and have audited their code, in particular the crypto stuff where I'm an expert. That's all solid, they're using standard signature primitives in the correct ways, which is good, but it can also (almost) be said for Ethereum.
The unsolvable problems they have to deal with are incentive models and identity/reputation. I'm not an economist or game theorist, I can't say much about incentives except to say that the Sia folks are extremely smart and have put a lot of thought into this. To be a host you need to put up a fairly large bond and you are punished severely for any downtime, which discourages casuals and also works as an anti-sybil mechanism, which means that your host uptimes are independent and high. Then when you're renting space, you split your data up using a Reed Solomon erasure code, upload encrypted chunks to everybody, and then you need 1/3 of your hosts to fail independently before any data loss can occur. If everyone is independent and 95% up, which is abhorrently low, then a 20-of-30 split gives you 13 9's of reliability. On that point these coins blow everything else out of the water.
Xavier Roberts
And what would bitcoin's actual use be?
Xavier Peterson
Quality post, is this still Veeky Forums?
Aaron Stewart
mean to buy shitcoin and speculate by day trading
i think i will start to do this on my mining rigs, just to start to see how it works. It is exciting when you find out that this brilliant tech can be used for other than speculation
Easton Gray
explore.sia.tech
Total File Contract Size 169 TB
coinmarketcap.com
Market Cap: $379,033,045
169 HARD DISKS COST $379,033,045
1,933,842$ EACH
95% OF EARTH'S POPULATION CANNOT THINK BY YOURSELF AND DO SAME LIKE NEARHOODS
Jason Jones
StorJ works similar, the main point of contention between them as I understand it has to do with StorJ having a "renters actively pay every period" vs Sia's "renters put up a bond which they refill periodically, and can drain, and hosts are automatically paid from this". This affects some edge case somehow, I don't remember the details.
Filecoin I understand just copied the Sia model and made an ICO out of it. Very frustrating. One thing worth noting is that the Sia people have never ICO'd, they have tried explicitly to avoid any security issuance, premining, "ICO" bullshit or other scam-like business structures. Instead the developers and a few others take a 1-2% fee on each transaction, similar to ZCash but significantly less...
...before launching, David from Sia asked me repeatedly if there was a way he could do file storage contracts with Bitcoin so that he wouldn't even need a coin. We worked on this for a while but couldn't find anything that didn't require general ZKPs such as SNARKs.
You could sorta do it on the original Bitcoin with OP_CAT, because you can hack together Merkle proofs with that, but it's gross and anyway isn't supported anymore.
So they're very honest people and they're certainly people I am willing to bet on.
Whether the systems can actually work....well, as you say, there are very hard problems surrounding them. I don't know. It's a pretty big gamble on incentive models.
if you're curious about intelligent smart-contract directions, look into Russell O'Connor's work, as I mentioned. I'm not sure if he has slides up or talks, but he's thinking about language design with an eye toward strong provable assurance of various properties, which is exactly what you need for smart contracts.
In the privacy/scalability direction Andrew Poelstra has been talking about this "scriptless script" thing that could work in Bitcoin, he has some slides
download.wpsoftware.net
Joshua Rivera
Great post and thanks for the insight
Gabriel Jones
can somebody break it down.
what's the use of siacore.
I'm on my phone right now
sorry for beeing lazy.
Adam Powell
I am dumping this shitcoin as soon as I break even. Price is too crazy and I don't like this amount of risk. Too many downswings.
Dylan Green
Decentralised storage in which hosts enter contracts with customers who wish to rent storage space from them. The customer pays a bond that they add to periodically, and the rental cost is periodically withdrawn from the bond, I think this occurs monthly, but there might be other options. The way I think it works is that you don't so much manually enter a contract with a specific host, you just request an amount of storage space required monthly, and sia forms contracts and allocates you space on their respective servers. This way your files can be split, and encrypted, offering some degree of redundancy.
Justin Fisher
Shit, sorry I misread your question
Isaac Miller
You don't fool me. I recognize that post from the eth thread. But it's always good to repost for further interest.
Isaac Williams
Look into the reality of this shitcoin and you will be disappointed.
Henry Ramirez
I saw the crypto blink at me and it made me rich.
What did you see?
Asher Sullivan
You were in the thread last night talking about the serious issue with ETH. Please man can you drop a throw away email for me? I'd love to pick your brain a little more. You were the one "gainfully employed" in cryptography at the moment. I'm a huge enthusiast and love to me like minded people.
Parker Thomas
Just one of very few coins that actually have some tech behind and much more safe to invest into. I'm not sure if Sia will beat Amazon or Dropbox, but it definitelly has its customers. Although I wouldn't expect crazy gains from it because its market cap is quite high already. Hoping for x4, may be x5
Justin Walker
x4 in a year is still insanely huge, you spoiled crypto kids
Chase Perez
I know, 400% is crazy but that's crypto, and btw I'm not expecting it to do x4 this year
Nolan Richardson
This. If your financial advisor told you ge could get you 75% profits in a year youd think it was a scam
Caleb Ross
*300%
Jace Peterson
>300% gains
Christopher Rivera
BHP is a fossil fuel company, and fossil fuels are a dying industry. 0.02.
Joseph Edwards
>Iron ore is a fossil fuel
Zachary Baker
...
Ian Cook
fuck
Henry Morales
merica
Isaac Stewart
I work for bhp.
Parker Moore
Sia has an application yes, but is there a need for that application? No. Pointless.
Oliver Ward
What's that like
Jayden Gonzalez
Sia is a scam and the CEO is a moron.
Aiden Carter
Pretty comfy company bro. Good money, good conditions.
Cameron Powell
I have an idea this data storage may be used for the SAP system we use here.
Nicholas Russell
>t. shawn wilkinson, Storj CTO
Ian Lewis
>I have an idea this system could be used for the SAP system we use here
what did the guy who deleted the post mean by this?
Matthew Wilson
This was copied from a smart guy in another thread. He was there primarily to tell everyone why Ethereum is a steaming pile of shit.
Tyler Campbell
True, he said eth was a financial scam and that people know it
Owen Kelly
It kind if blows my mind how little sia has moved lately. If I were to pick ONE coin that I legitimately believed in, it would be sia. Yet it hasn't even broke 1k yet
Lincoln Butler
>95% OF EARTH'S POPULATION CANNOT THINK BY YOURSELF AND DO SAME LIKE NEARHOODS
What did xe mean by this?
Jaxson Robinson
yeah maybe you guys can exchange phone numbers too and you can meet up to suck his dick
Cooper Rogers
your analysis is always spot on. i want to buy your brain.
Robert Richardson
i just loaded up on 18k sia. love this coin.
thanks for the info user
Hunter Howard
The quickest way to double your coin is to train your hand to be super quick. Once you have mastered that, check out when the next pump is and what coin it will be. In 3 days it will be announced upcomingpumps.com. All the haters are simply slow people who risked their money and could not make quick buy and sell orders. Some win, some lose. If you have quick internet and decent computer, your chances are high. It is nice seeing people comment on how they made $200 from it, but then there are people who hate and denounce . You know what your are getting yourself into, dont risk what you cannot afford to lose. It is very fun thou.
Hudson White
I bought 500 of it as a test. Few bucks aren't shit but it'd be cool to see.
Dominic Brooks
are you retarded?
Juan Howard
even better for a daytrdaer ;)
Brody Bell
INCNT caught my eye. i was in this and left for a small profit but now it went up again. could this be the one?
Jaxson Gomez
>the Sia people have never ICO'd
wrong, they sold siafunds
Jason Murphy
Golem is doing better
Austin Harris
i dumped all my sia. at one time i thought it was promisng. however, since their obelisk asic miner bullshit, i just think the whole thing is stupid. they are trying to take this in the wrong direction
Landon Butler
sia is legit one of the most undervalued coins out there. there tech is the best. they aren't just a knockoff bitcoin.
Josiah Johnson
Yes this post wasbvery informative im going to hop on this project.
JESUS TAKE THE WHEEL
Ryan Hernandez
Ditched my stagnant SIA FOR ANS. Best decision I ever made. SIA will never hit 1k sats
Owen Fisher
Sia funds are not ICOs
Dylan Allen
Sia is the new Amazon. Watch it go $10-20 by the end of the year.
Jose Bennett
Found the bagholder
Jack Parker
if amazon had downs and a wheelchair
Noah Perez
Facebook didn't rule the world in a year.
Asher Smith
I'm the guy from the other thread. The person you're talking to now is just copy/pasting me. I'm not sure how to prove this.
Anyway my email is [email protected] ... I guess you'll be able to tell from my answers to your questions whether or not I'm actually the other user.
Logan Walker
10$ is a ridiculous est. you could atleast make your bullshit sound believable
Austin Hall
Is 550 good place to buy?