Rank #118
55,619 people like this
siacoin  (SC)

Siacoin (SC)

$0.023452151194 -1.2%
0.00000041 BTC -2.0%
55,619 people like this
$0.023147863234
24H Range
$0.024509177716
Market Cap $1,159,541,486
24 Hour Trading Vol $88,747,458
Circulating Supply 49,459,035,000
Total Supply ?
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Siacoin (SC) Price Chart

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1h
24h
7d
14d
30d
1y
-0.6%
-1.2%
4.8%
22.1%
9.2%
580.9%

SC Price and Market Stats

SC Price $0.023451698691
Siacoin ROI 96.3%
Market Cap $1,159,541,486
Market Cap Dominance 0.04%
Trading Volume $88,756,952
Volume / Market Cap 0.0765
24h Low / 24h High $0.023147863234 / $0.024509177716
7d Low / 7d High $0.022887511049 / $0.029738790281
Market Cap Rank #118
All-Time High $0.092867753575 -74.8%
Jan 06, 2018 (almost 4 years)
All-Time Low $0.000012621240 185654.2%
Dec 28, 2015 (almost 6 years)

Siacoin Price & Market Data

Siacoin price today is $0.023452151194 with a 24-hour trading volume of $88,747,458. SC price is down -1.2% in the last 24 hours. It has a circulating supply of 49 Billion SC coins and a total supply of ?. If you are looking to buy or sell Siacoin, Upbit is currently the most active exchange.

Sia is a decentralized cloud storage platform similar in concept to Dropbox and other centralized storage provider where instead of renting storage space from a centralized entity, clients rent storage space from other peers. The only difference is Sia uses blockchain to facilitate transactions Nodes provide storage to clients using the Sia blockchain as contracts. Before storing the data, the data is encrypted into many pieces and uploaded to different hosts.

Siacoin is created by David Vorick and Luke Champine of Nebulous Inc. As the traditional storage platforms are higher in cost, more expensive and data is not well protected. Siacoin promises to offer secured storage transactions with smart contracts which is more affordable and reliable. Moreover, it is completely open source which means many individuals have contributed to Siacoin’s software hence there will be an active community building innovative applications on top if the Sia API.

In 2018, Siacoin aims to introduce file sharing and be the go-to cloud storage platform for companies. Their goal is divided into 3 time frames which are short-term, medium-term and long-term development. Short-term development focuses on file sharing between Sia users. This allows Sia users to share files in the platform without having to take it off the cloud while increasing network utilization. Medium-term development’s goal is to enhance partnerships. This means reaching out to large companies like Netflix and Dropbox to hopefully be able to be their storage and distribution framework. Lastly, long-term development aims to expand its horizon to share files with non-Sia users and support mobile wallets.

Siacoin News & Guides

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