Why You Should Own ATLEAST +5000 Siacoin (SC) 🤑 Siacoin Price Prediction 2021 | Siacoin News Today


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As per the Sia website, Siacoin is basically the currency of the Sia server/hosting network. Clients who rent the space from Sia use the Sia network’s hard drive space and pay Siacoin in exchange for the ability to store things. It works sort of similar to how Google cloud works, but with Blockchain technology added in. With Sia, clients only have to make payments for the amount of drive space they are consuming which is measured with the Sia blockchain. The Sia blockchain uses a form of smart contracts called ‘File contracts’ which keep track of all the incoming and outgoing data on the servers and their locations. (Siacoin Price Prediction 2021 | Siacoin News Today | Siacoin Crypto News)

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Clients prefer to use Sia networks because the company provides excellent privacy and security features with their Blockchain facility. Sia is the first decentralized storage platform secured by blockchain technology.

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