Pros
- Great proposals to carry out
Cons
- Speed to be performed
Pros
- Sia distributes and encrypts your file across a decentralized network. You control your own data, along with your private encryption keys. No outside third party has access to your files.
- With Sia, your files are distributed on nodes throughout the world. This means there’s no central point of failure and mimics the uptime of many centralized cloud solutions.
- An open blockchain marketplace with Sia means that hosts set their prices. The market will dictate whether prices should be lower or higher based on demand. Additionally, renters pay for their storage
- Sia’s decentralized cloud solution is completely open source. It receives contributes from its community, as well as support from its high-quality engineers.
- Those using Sia’s platform are paying on average around 90% less than they would on other cloud storage platforms.
Cons
- Outside of its platform, there aren’t many uses for SiaCoin. This makes the project less appealing to those who might consider investing in it.
- Even though other cloud solutions like Google, Amazon, Microsoft, and Dropbox are centralized, they own the vast majority of the market. SiaCoin is facing a steep uphill battle to gain market share and adoption from potential users.
- Sia’s platform only allows payment with its native SiaCoin. This means users must first either mine SiaCoin or trade for SiaCoin on an exchange before they’ll have the ability to pay for their data storage, which can be a hassle.
Pros
- Decentralized storage service.
- No ICO for financing.
- Storage market, being able to select the one that best suits your needs.
- On average the service is priced at $ 2 for 1TB
- Fully encrypted files, only available to the user.
Cons
- Without additional use of your asset outside your platform.
- There are currently traditional storage platforms that take the entire market.
- Other blockchain storage projects have not been successful.
Pros
- All data processed on the Sia network is encrypted. Unless a provider has the private data key, it cannot access the stored files, which means that you are always in full possession / control of any material that you agree to store on the platform. Sia. According to traditional models, the companies that host cloud storage have full access to all the data that you transfer to their servers.
- Siacoin offers its users flexible price options adapted to the market. There is no universal option for customers. For example, 1 TB of data storage using Sia can cost as little as $ 2 per month, compared to Amazon services that cost $ 23 per month.
- Again, all data on Sia is encrypted and processed through a decentralized network, thereby protecting users' hardware from the vulnerabilities of a centralized system. In addition, Sia offers redundant storage. By distributing downloaded documents among several suppliers, Sia protects customer data from a single point of failure.
Cons
- Data access time is longer than in a traditional cloud system.
- Even if the classic competitors cost more, they are already well known and have proven themselves.
- The total amount of SC coins is unlimited.
Pros
- POW
- Proof of Burn
- Proof of storage
Cons
- inflactionary cprto
Pros
- It is a cheaper option than current centralised solutions.
- Allows downloading to be super fast even if the system is overworked or overloaded.
- As an open-source platform, it allows developers and engineers to add applications on the Sia API.
- It allows you to control your encryption keys and completely own your data.
- It is a revolutionary technology that threatens to disrupt lucrative centralised utilities like Google Drive and Dropbox.
- It has a hard working team and devout community behind it.
- It costs 90% less than centralized cloud storage providers.
- Less costly than other storage options like dropbox.
- It is one of the strongest real-use cases for blockchain technology.
- The network is decentralised which empowers peer-to-peer.
- Completely Private, Far More Affordable.
Cons
- It is an inflationary currency with an limitless cap on how many coins can be mined, which may water down prices from an investor’s long-term perspective.
Pros
- Siacoin technology is an online fully decentralized cloud storage platform.
- Sia blockchain software ore fully open source so, developers can make innovatie applications on Sia API.
- Siacoin is a native token Sia cloud storage platform. Siacoin developer team is very actively works on Sia platform.
- Sia cloud storage is best alternative of google cloud storage, amazon s3 and dropbox.
- Sia cloud storage prices are very low than other cloud storages. Its only around 2$ for 1 TB per month for now.
Cons
- For purchasing any sevice of Sia technology it only accepts payment in its native coin, SiaCoin
- Siacoin doesn't have any use-case except its platform payment so, inverstor maybe not purchasing sia coin as perfect investment.
- Currently, there are many big players or competetors are available in market like google, amazon, apple and dropbox. Siacoin needs huge mass adoption for growing.
Pros
- Sia works on a cloud storage model which is cooperative and decentralized.
- Siacoin technology allows the saving of data on various devious which ensures that no information is lost in case of any failure.
Cons
- Major con of Siacoin is that the development team has failed to provide any clear public roadmap to adoption. Also, at present, the Sia network just has 2% storage. Since Siacoin is comparatively new, there might be other drawbacks which haven’t come to notice.
Pros
- Sia Storage Cost – Being able to store 1TB of data at a less than 10% of the price of Amazon S3 could be potentially huge! It’s a fantastic deal for the customer and if knowledge of spreads and the platform grows successfully then it could easily become the go-to for cold storage of data.
- Privacy – All data that is ever uploaded to the Sia network is encrypted which means that only you will ever know what is on it.
- Security – Having redundant storage on a blockchain by splitting the users file into several segments means that backups of the data will always be safe. Add this to the encryption of the users data and the plans to add wallet seed backup probably makes using Sia the most secure way to store data.
Cons
- Complicated Process – Makes the process of storing files more complicated that traditional methods so may put some people off.
- Can only use Siacoin – Only allowing Siacoin payments decreases the likelihood of user adoption as it adds another, somewhat complicated, step to the process.
- Wallet – The Sia wallet could definitely be improved, and as it’s the only way to store coins, it needs to be improved.
Pros
- stable so far low price
Cons
- no app for mobile
Pros
- User
Cons
- fast transfers
Pros
- Very good idea and good technology behind it
Cons
- they made asic's for mining it, risk of centralisation.
Pros
- Excellent
Cons
- Awesome project
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.
