. What is Siacoin (SC)? Here is the Crypto Currency SC Coin? – In this article, we will give you the answer to the question of What is Siacoin (SC) and provide detailed information about the project.
What is Siacoin (SC)?
Sia aims to offer a decentralized cloud storage infrastructure. Sia connects users in need of file storage to a distributed global host network that is willing to offer underused hard drive capacity.
The Sia blockchain allows this market to run without intermediaries. Sia secures storage operations with a range of smart contracts, making it an extremely reliable and affordable offering compared to traditional cloud providers.
The Sia network is working on the Proof-of-Work (PoW) consensus algorithm.
The SC token is used to pay for the storage services offered on the platform.
Siacoin is among the coins listed on Binance.
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