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32 Karma

Review on Siacoin by Christian Menke

Revainrating 5 out of 5

When sia gains popularity, I see a great opportunity for sia to compete with…

When sia gains popularity, I see a great opportunity for sia to compete with the big cloud storage companies in the future. Especially since it uses a decentralized cloud storage whose resources can also be offered by private individuals for a fee.



Pros
  • The cloud storage market made about $ 18 billion in sales last year. As Sia is the first decentralized cloud storage that is already running, I see great growth potential in an ever-expanding market with up to 50% growth per year. Positive is also to mention that Sia is significantly cheaper than Amazon, google and co. The team behind Sia is doing a good job and is constantly trying to improve their system and the community is growing day by day.
Cons
  • It will be hard to beat the big ones on the market like Amazon's Google Apple and Co.

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