Siacoin price

in TRY
₺0.13164
+₺0.0016800 (+1.29%)
TRYTRY
Market cap
₺7.38B #139
Circulating supply
56.03B / 60.93B
All-time high
₺2.5116
24h volume
₺286.10M
3.4 / 5

About Siacoin

Proof of Work
Storage
CertiK
Last audit: Jun 8, 2021, (UTC+8)

Siacoin’s price performance

3 months
+6.40%
₺0.12372
30 days
-1.80%
₺0.13404
7 days
+12.70%
₺0.11680
Today
+1.29%
₺0.12996

Siacoin on socials

CR1337
CR1337
Time to grow the Monero ecosystem. Time for XMR to shine!
24.1K
5
Crypto Rover
Crypto Rover
Started at 1000 and now only 30 spots left. They have raised 10m before and is privately valued at 100m. The ICO (presale) has started at 15m and will end at 150m (10x from here, it’s a bonding curve sale) All the interoperability protocols are on fire. Super hyped about StripChain. You can invest a min of 150 USD and a max of 3000 USD You need bnb or eth to participate Expecting my group to fill up super soon, just spoke with the team - getting into the sale is going to be super hard from here on. You are lucky. As always do your own research I am not a financial advisor. Remember having good technology and good team doesn’t always means good investment so always use your own judgment. I am simply an advocate for interoperability and am bullish on the whole sector as a whole. StripChain at 15m (while VCs get tokens at 100m) could be a steal for the community. Good luck.
31.91K
290
IT Tech
IT Tech
🚨 Has #AltSeason finally kicked off? In the past 14 days, 52 of 56 majors have outrun Bitcoin, some by 30-40 % (see chart 1). It feels like alts are waking up… but one snapshot can fool you. Let’s zoom out.1/🧵 👇
307.07K
52

Guides

Find out how to buy Siacoin
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Predict Siacoin’s prices
How much will Siacoin be worth over the next few years? Check out the community's thoughts and make your predictions.
View Siacoin’s price history
Track your Siacoin’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
Easily buy and sell Siacoin with your TRY

Siacoin FAQ

Siacoin (SC) is a blockchain-based decentralized cloud storage platform. Rather than providing its own storage, the platform allows community members to offer their storage space for leasing. In return, they receive payments for sharing their resources.

Using Siacoin offers several advantages, including enhanced security for storage spaces and the data stored within. Additionally, it provides a more cost-effective storage solution compared to traditional cloud services. Moreover, Siacoin rewards users who contribute their excess storage space, creating an incentivized and collaborative ecosystem for storage sharing.

Easily buy SC tokens on the OKX TR cryptocurrency platform. OKX TR’s spot trading terminal includes the SC/USDT trading pair.

You can also buy SC with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.

Additionally, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for SC with zero fees and no price slippage by using OKX TR Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into SC, visit the OKX TR Crypto Converter Calculator. OKX TR's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

Currently, one Siacoin is worth ₺0.13164. For answers and insight into Siacoin's price action, you're in the right place. Explore the latest Siacoin charts and trade responsibly with OKX TR.
Cryptocurrencies, such as Siacoin, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Siacoin have been created as well.
Check out our Siacoin price prediction page to forecast future prices and determine your price targets.

Dive deeper into Siacoin

The cryptocurrency industry experienced a notable shift with the recognition of blockchain's data storage capabilities. This unveiled fresh opportunities for secure and decentralized information storage, offering an alternative to centralized cloud solutions. Unlike company-controlled centralized options, which raise privacy uncertainties, blockchain technology, as seen in projects like Siacoin (SC), addresses these concerns and fosters a more transparent approach to data storage.

What is Siacoin

Siacoin operates as a decentralized cloud storage platform built on blockchain technology. It aims to establish a reliable and secure marketplace for cloud storage services, eliminating the need for trust between participants. Through Siacoin, users have the opportunity to monetize their unused storage space by offering it for rent and receiving compensation in return.

The project's overarching objective is to disrupt traditional storage solutions by providing a superior alternative. Siacoin positions itself as a formidable competitor to industry giants such as Google, Microsoft, and Amazon. Additionally, its decentralized structure enables it to offer competitive storage rates, further distinguishing itself in the market.

The Siacoin team

Siacoin originated in 2013 through the efforts of David Vorick, a computer science student at Rensselaer Polytechnic Institute. During his studies, Vorick shared his concept with Luke Champine, who became involved in the project after Vorick presented it at a HackMIT hackathon. 

Vorick and Champine also established Nebulous, which served as the primary developer for Siacoin until 2021. The Sia Foundation was established to oversee the project's ongoing development.

How does Siacoin work

Siacoin allows users to share their surplus storage space with those in need, creating a decentralized marketplace for storage leasing. Through the utilization of smart contracts, all transactions and agreements within the platform are executed autonomously. The project's native token, SC, serves as the means of exchange for these transactions.

Before files are uploaded to the platform, Sia breaks them down into 30 subsection, each of which is encrypted. This ensures the platform is not susceptible to a single point of failure. Furthermore, Sia adopt another piece of technology called erasure coding. This helps provide users with constant access to their files, even if 20 out of 30 hosts are offline. 

Siacoin’s native token: SC

SC, the native cryptocurrency of Siacoin, was introduced to the market in July 2015. It does not have a maximum supply or a capped limit. Currently, the total supply of SC stands at 54.43 billion, with a circulating supply of SC is approximately 54.40 billion SC.

SC token use cases

The primary utility of the SC token is to facilitate exchanges between users who provide and utilize storage space on the Siacoin network. These transactions are executed through smart contracts, eliminating the need for direct user interaction. In addition to its role as a medium of exchange, the SC token can be used for staking and trading.

Siacoin: The storage layer of the internet

Although centralized cloud storage has revolutionized the way people store and exchange information, it is not without significant drawbacks. The most prominent issue is its centralized nature, which poses security vulnerabilities and makes it susceptible to attacks. 

In contrast, while Siacoin is not entirely immune to flaws, it offers a considerably more private and secure alternative. Additionally, Siacoin boasts the advantage of low costs associated with utilizing its storage space. These combined factors position Siacoin as a potential frontrunner in the future of online data storage.

Disclaimer

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Market cap
₺7.38B #139
Circulating supply
56.03B / 60.93B
All-time high
₺2.5116
24h volume
₺286.10M
3.4 / 5
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