#Siacoin

ASIC Mining and How it Is Undermining the Decentralized Nature of the Blockchain

April 2, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Ethereum, Mining, News, Tech

When the mysterious Satoshi Nakamoto put forth his ideas for the creation of bitcoin in the 2008 white paper, one of the most obvious philosophies was the elimination of centralized systems and their replacement with a decentralized network. This idea was not unique to Nakamoto alone as many of the...

What’s the Deal with Siacoin’s ASIC Soft-fork?

January 24, 2018 by Gil Davis at Altcoins, Business, Mining, News

In the middle of the night (US time) on January 16, 2018 a popular manufacturer of ASIC mining hardware, Bitmain, announced its new line of “Blake2b miners.” To most, this means very little, but to the a large proportion of the Siacoin community this represents a moral quandary that is...

What is Siacoin and is it a Good Investment?

August 3, 2017 by Joe Ellis at Cryptocyclopedia

Sia is a platform for decentralized cloud storage. By allowing the formation of storage contracts with peers, Sia permits its users to store data across a wide network of participants in a secure, private, reliable and fault-tolerant manner. Contracts define the conditions under which a storage provider keeps user data,...