Let me take a moment to shill this coin to you. Maybe you'll listen, maybe you won't. But at least I can attempt to give you some insight into why I think this coin is going to increase greatly in value in the long-term future.
This is a coin with - A real use case: Private, descentralized, anonymous data storage. - A real competitive advantage: Cheaper storage per gigabyte than any other cloud-based service - A working product: Unlike most other blockchains that are all hype and little substance, you can use the Sia platform to store data anonymously and cheaply - A good future outlook: The world's data doubles every 18 months (Google it). As demand for storage grows exponentially, so too will the demand for storage on the Sia platform. The more people that join the network, the safer and faster the network becomes. - A first mover advantage: Out of all the distributed storage coins out there, Sia is far ahead of all the rest - A commitment to decentralization: Unlike other distributed storage coins, Sia devs aim to ensure that ASICs and the devs themselves cannot harm the network by creating a single point of failure
Even more than that, imagine a future where we have a worldwide, distributed supercomputer (Perhaps something like Golem), merged with something like Siacoin, which can store the data which is being used for computations. This seems like the direction where things are going in the future. This sort of general purpose need, storage & computation, gives me confidence that Sia will have some big part to play in the future.
This isn't a coin that will greatly rise short-term because the user experience is not perfect yet. But with video-streaming coming soon, as well as a greatly improved UI in the pipeline, Sia is poised to become a leader in distributed storage.
>I can attempt to give you some insight into why I think this coin is going to increase greatly in value >I can attempt >attempt >i think this coin >think
sounds like you haven't even convinced yourself yet
Disclosure: I own 164K SC, therefore I obviously have a vested interest in the economic well-being of this coin, so perhaps I am biased.
I think my points still stand, however.
Carter Parker
I cannot know what the future will bring with certainty, so perhaps that's why my language is cautious. I, like everyone else, am simply making an educated guess.
Cameron Butler
SIA sucks shit. only good for storing archives. iExec is the cloud computing coin of choice.
Jace Barnes
so how is it better then storj?
Lincoln Ross
Storj is not truly decentralized. I think there are articles about this, but there are centralized points of failure (the bridges) in the Storj network.
I'm open to hearing about iExec. Can I test their product?
Xavier Peterson
yeah you can but you should wait until May 29th and just use version 2 when it releases.
Easton Johnson
I'd like to store some files on their network. Where can I download their client to test that out? I don't see a download link on their website.
Oliver Flores
Nope, you are wrong about that.
Storj just out of the box provides full nodes for users to connect to for blockchain info, you can run your own if you want and connect to them.
Sia on the other hand requires you perform all file interaction with their binary. Not to mention that the API for file requests was written by 5 year olds, you literally have to request the file from the bin, then run a disk stat and ping their API repeatedly to determine if the file is done. There is no byte ranging so you literally have to wait for the full file to download as it grabs random 40 Meg chunks ( smallest file size chunk on their blockchain) .
That is why their first implementation of video streaming is "long" load, literally all they are doing is downloading the file and firing up a udp broadcast ( like 10 lines of code) when it is done.
Do some real research faggot, and don't get caught holding these bags, even their own network is dying, down almost 100tb for the week.
Jordan Jenkins
>Owning 75% of the coins on the network >muh decentralization ok
And Sia stores roughly 10x the amount of total data as Storj. Not sure why you are shitting on their storage utilization
Jace Cox
actually im probably wrong about the data amount, looks like storj does actually store more than Sia does, so i do concede that
but storj is still super centralized so thats where my suspicions come from
Jace Walker
never mind, i was actually wrong user. it's for running intensive programs on the cloud, not storing files. if you need to run a dapp or some type of simulation you can use it. sorry to kike up your thread
Aiden Mitchell
This is one of the actual long term hodl unless the dev leave the projects.
James Price
>just released obelisk info >people feel cheated and are suing sia >money taken from development is going to go to legal fees No thanks.
Joseph Cox
this is mostly legitimate criticism, though I'm not sure what you mean about "requires you perform all file interaction with their binary." How else are you going to use the platform if your application isn't written in Go?
>There is no byte ranging so you literally have to wait for the full file to download Arbitrary byte ranging is impossible in practice when you're downloading from untrusted hosts. You need to checksum the data, and checksums can only cover precomputed subsets. The 40MB thing is a totally arbitrary limitation that should have been removed a while ago. I think there will be increased pressure to do so because, as you said, streaming kinda sucks with it.
Evan Campbell
What about Sharder Jow Forums, how does it compare? I'm a former Sia holder and it netted me good gains in past year's summer and december bull runs, but today I think it's a dying coin. Has completely autistic devs (and not in a good way either) and there are better competitors now.
Jaxon Garcia
I sold this coin for the exact amount of sats i bought 6 months ago.
Jack Rivera
That's nice user, you go and listen to the slick used car salesman. He'll set you up with a real good wreck and sound perfectly confident about it.
Michael Morales
Sharder.
Ryder Cooper
You need to look into how Ceph and all other block storage works like S3.
Even with an encrypted and reed Solomon distributed data set you can accommodate byte ranging.
When I am talking about requesting it from the binary, what I mean is once you have established the contracts you should just get back an http URL from the binary they should perform like any other block storage provider.
I forgot to mention the bandwidth is part of the file contract, so until that is lifted you will never see public file sharing, not to mention the hosts are not user so if someone posts metadata for a pub file all of the hosts with chunks will get DMCA requests and leave the network.
The moonshot part of this coin is supposed to be a decentralized Internet , but they have no written plans to do anything even remotely like this. The devs seem content with the service only being useful for backups of cold data. (cold data backups is still a huge industry not shitting on it, but this is not internet 3.0 people)
every fucking time you brainlets shill something these guys have already done the work for you. do you tards actually read anything or do you really DYOR? Read something and you might learn enough to escape your poorfaggery
You can certainly request a specific byte range, but it's not going to be secure unless that byte range is covered by a checksum. You can get away with this when using something like S3 because it's trusted, but when you don't trust the host, they can send you malicious data, so you need to validate it.
I agree that the API sucks. There are wrappers for it like Minio which supposedly provides an S3 compatible API but no one seems to be raving about it so I assume it doesn't work very well.
Isaiah Roberts
No, you are still not getting it. Every file should have a URL associated with it : (this is a local URL still)
As a developer you hit this endpoint to get your file , lets say you hit it with a ranging request for the first ten megs. The data does not have to flow immediately, there are timeouts . On the backend Siad should be grabbing the chunks by metadata for the first 10 megs, assemble, decrypt, and checksum. Then it starts sending it to the client.
Please do not take my word for it, use maidsafe, ipfs, storj, and Sia. Then tell me in this state any company will use this for anything more than cold backups.
Not to mention the file metadata is not even stored in the blockchain, so you still need to backup your renter folder to an alternative storage provider as your data would not survive a catostrophic loss.
If you look at their roadmap the only thing that will even get any fix is the metadata on the blockchain, and they have not even written a doc on any of this stuff.
Their network is dying because all the benchmarking data people uploaded is expiring, and there is no adoption. The simple fact is people are not willing to jump through all these proprietary hoops to save a negligible amount of money on cold storage backups vs shit like backblaze, glacier, etc.
Also you have to think, if this did explode, Google or Amazon already has penetration on billions of devices. If this eats their lunch they will deploy a better version backed by them using the same idea. There is no world where Sia wins and stays at a billion Mcap past the speculation phase.
Noah Lewis
If you think Sia is a good buy then walk me through storing this image using Sia.
As far as the trusting of the data, you just make the range minimum whatever the current blocksizeis , so 40 megs for now.
Carson Robinson
>Also you have to think, if this did explode, Google or Amazon already has penetration on billions of devices. If this eats their lunch they will deploy a better version backed by them using the same idea. There is no world where Sia wins and stays at a billion Mcap past the speculation phase.
Google has a vested interest in being able to view user data. Them making a version of Sia is nonesense. Nothing Google does can shut Sia down.
Luis Baker
The savings are far from neglible for businesses. Once the UX improves and businesses start to use it, those savings will become increasingly attractive.
Xavier Carter
lol 164K, you pleb. I bought a million for $300 in Jan 2017.
Jason Morgan
SIA is a pipedream. Do you think Amazon and others are going to stand idly by if they can ever offer cheaper storage? LMAO.
David Smith
Aren't there already free cloud storage?
Dylan Gomez
When you are a cloud provider, no you do not have a vested interest in that . Glacier and s3 both offer client side encryption. They cannot see your data.
This is not Gmail, this is corporate data services with compliance audits. All that matters is price, and if Google can pay people with the chrome browser for storage and middle man out some profit they will.
Or Holo for that matter. I wouldn't say Sia sucks shit - it's just that better stuff exists already (big on Iexec too). It was a good idea at the time, just too long to arrive at market.
Aaron Turner
I want to dump these bags I stupidly bought at 470 sats. Goddamn they are heavy.
James Collins
Sia is going to get shitted by Bluzelle and Filecoin, even Oyster. Good luck with your bags, you really need it.
Jackson Foster
you're fucking retarded for buying so high. Shlod've known better.
