Sia aspires to be a decentralized cloud storage platform. It links consumers in need of file storage to a global network of servers eager to share underutilized hard-drive space.
This marketplace can operate without the use of middlemen because to the Sia blockchain. When compared to typical cloud providers, Sia encrypts storage transactions with a set of smart contracts, resulting in a more dependable and economical solution.
Siacoin (SC) is Sia's native utility currency. It is a utility token created to enable smart contract transactions. According to the project, there must be an infinite supply to match the essentially unlimited quantity of data that can be produced and stored.
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