= Decentralized cloud storage platform that uses a blockchain to facilitate payments
= Rent storage, paid to host files, mine Siacoin
+ Fully Decentralized
More secure that STORJ
+ Significantly cheaper than STORJ
+ On-blockchain smart contracts
+ Storage marketplace creates more competition and storage place
Attractive to users, not really attractive to farmers
+ Doesn't have a central bridge, like STORJ, thus no scalability issues
+ More trustworthy team compared to STORJ
- Storage used is behind STORJ (3.4PB as of 12/23/2017)
- Node count is behind STORJ (700 as of 12/23/2017)
- Requires collateral for hosting
Problematic because of dynamic prices
- Accepts only SIA as payment
- Requires entire blockchain download
= Rent storage, paid to host files, mine Siacoin
+ Fully Decentralized
More secure that STORJ
+ Significantly cheaper than STORJ
+ On-blockchain smart contracts
+ Storage marketplace creates more competition and storage place
Attractive to users, not really attractive to farmers
+ Doesn't have a central bridge, like STORJ, thus no scalability issues
+ More trustworthy team compared to STORJ
- Storage used is behind STORJ (3.4PB as of 12/23/2017)
- Node count is behind STORJ (700 as of 12/23/2017)
- Requires collateral for hosting
Problematic because of dynamic prices
- Accepts only SIA as payment
- Requires entire blockchain download
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.