Opinions On Siacoin?

[Rashid pk]

What do you guys think about Siacoin? I'm not really sure what to think about this one.

[mu6m0r0k]

The idea is good but the interface and the ecosystem are bad. They are not user friendly and this make storj the better alternative. I don't know if you have tried their wallet or to share space of your hard disk(their way to reward tokens) or even if you had tried to store some information on the network but it is major pain in the ass. The developers are good, the ecosystem is clean and well protected but it is not user friendly and this mean that the average user will choose alternatives.

[Rashid pk]

The idea is good but the interface and the ecosystem are bad. They are not user friendly and this make storj the better alternative. I don't know if you have tried their wallet or to share space of your hard disk(their way to reward tokens) or even if you had tried to store some information on the network but it is major pain in the ass. The developers are good, the ecosystem is clean and well protected but it is not user friendly and this mean that the average user will choose alternatives.

thanks for you valuable suggestion mate...

[densuj]

​​The team behind Siacoin project has decided to hardfork the network and reset the Proof-of-Work algorithm in order to stop Bitmain’s and Innosilicon dominance.

On October 31, 2018 a new version 1.3.6 will be implemented, after the hardfork the network hash will be made up by the project’s own miners.

Most probably, such decision was made because the Siacoin Community intends to launch their own mining equipment called Obelisk. Due to the problems with production in 2017, it was postponed and delivery was delayed, at the same time Bitmain already produced necessary equipment for Siacoin mining.

After lengthy discussions within the community and a more detailed study of the ASIC mining economy, the Sia Core team decided to update the Proof-of-Work algorithm to block Bitmain and Innosilicon equipment. stated David Vorick, lead developer of Sia.

Meanwhile, the latest news from the developers has already had a positive impact on the price of the coin: for the past 24 hours it has grown by more than 7%.

[Black ID]

Siacoin is a new coin that many investors have not seen. But this coin is one of the coins that is potential and easy to mine. If you intend to invest in this coin, you can read the advantages about this coin.

[densuj]

Siacoin is a new coin that many investors have not seen. But this coin is one of the coins that is potential and easy to mine. If you intend to invest in this coin, you can read the advantages about this coin.

I agree with you the other thing about siacoin the development of siacoin like this article Sia Plays Hardball with a Hardfork
On October 1, 2018, Sia Tech, took the controversial step of resetting the Sia Proof-of-Work (PoW) function to brick the Bitmain and Innosilicon hardware which came online to mine the native cryptocurrency of Sia. https://btcmanager.com/sia-plays-hardball-with-a-hardfork/ it will make the coins will be alive.

[Puncak_pelangi]

I think Siacoin is also very good, and you should always think positively about it all, because it will have a good impact in the future, and we will not know what will happen.

[indexx]

In my opinion, Siacoin is an altcoin that can provide profits. SC value is currently low so we can take the opportunity to invest in this coin. This Siacoin value has opportunities like Bitcoin, which can go up and down with extreme.

[densuj]

In my opinion, Siacoin is an altcoin that can provide profits. SC value is currently low so we can take the opportunity to invest in this coin. This Siacoin value has opportunities like Bitcoin, which can go up and down with extreme.

I agree with you because in fundamental of aspects siacoin is good for example. ​​On November 1, a hardfork was successfully implemented on the Sia's network on the block number 178,999. The consensus algorithm was changed and the possibility of mining was blocked for Bitmain’ and Innosilicon' ASICs.

After 179,000 block, the network’s complexity dropped by about 98%, which allowed miners to find new blocks approximately every 10 minutes. The number of miners themselves at the same time significantly decreased.

Bitmain introduced in January AntMiner A3, designed specifically for Siacoin mining. Also support for this cryptocurrency has been added to AntPool.

The idea to limit the possibility of mining on third-party devices, however, was not understood by all members of the community, some of whom wondered how this solution meets the principles of decentralization.

However, according to David Vorik, the CEO of Nebulous project, such actions are justified: Despite the fact that there was no direct attack on the algorithm of consensus, a significant part of the community regarded the secret development of ASIC devices as an attack. It also looked risky that one farm owned 45% of the entire hashrate.

For miners who did not wish to support hardfork, the Sia developers released an alternative update version 1.3.5.

[expander]

there are many new coins that appear and we must be able to receive it well. if we want to buy it, we also have to understand it well whether the coin is good or not. it will help us make a profit.

[Thegals]

​​The team behind Siacoin project has decided to hardfork the network and reset the Proof-of-Work algorithm in order to stop Bitmain’s and Innosilicon dominance.

On October 31, 2018 a new version 1.3.6 will be implemented, after the hardfork the network hash will be made up by the project’s own miners.

Most probably, such decision was made because the Siacoin Community intends to launch their own mining equipment called Obelisk. Due to the problems with production in 2017, it was postponed and delivery was delayed, at the same time Bitmain already produced necessary equipment for Siacoin mining.
After lengthy discussions within the community and a more detailed study of the ASIC mining economy, the Sia Core team decided to update the Proof-of-Work algorithm to block Bitmain and Innosilicon equipment. stated David Vorick, lead developer of Sia.

Meanwhile, the latest news from the developers has already had a positive impact on the price of the coin: for the past 24 hours it has grown by more than 7%.

Good information about siacoin. Hopefully it can help to add insight into siacoin before buying it.

[densuj]

​​The team behind Siacoin project has decided to hardfork the network and reset the Proof-of-Work algorithm in order to stop Bitmain’s and Innosilicon dominance.

On October 31, 2018 a new version 1.3.6 will be implemented, after the hardfork the network hash will be made up by the project’s own miners.

Most probably, such decision was made because the Siacoin Community intends to launch their own mining equipment called Obelisk. Due to the problems with production in 2017, it was postponed and delivery was delayed, at the same time Bitmain already produced necessary equipment for Siacoin mining.
After lengthy discussions within the community and a more detailed study of the ASIC mining economy, the Sia Core team decided to update the Proof-of-Work algorithm to block Bitmain and Innosilicon equipment. stated David Vorick, lead developer of Sia.

Meanwhile, the latest news from the developers has already had a positive impact on the price of the coin: for the past 24 hours it has grown by more than 7%.

Good information about siacoin. Hopefully it can help to add insight into siacoin before buying it.

Yes you are right should the people who want make investment in siacoin they must learn more information first about siacoin, they must know when the developer of team has schedule of development the coins. Because investment in cryptocurrencies is very high risk losing of money.

[keyz]

In my opinion, Siacoin is an altcoin that can provide profits. SC value is currently low so we can take the opportunity to invest in this coin. This Siacoin value has opportunities like Bitcoin, which can go up and down with extreme.

For sure, the potential of Siacoin is the same like other altcoins. It may bring profits or lose our capitals. But so far, I think the progress of this coin looks good. If you want to invest in this coin, it is okay.

[JaymondStark]

Well, from my point of view, the project looks good. But I don't know the metrics of it or their roadmap. So be careful and look for those two first.

[AquaX]

SiaCoin (SC) is one of several altcoins that attracted a lot of attention throughout 2018. This is a project that aims to create a decentralized cloud storage service platform. In fact, many have called it Airbnb cloud storage.

Simply put, this project allows users to rent unused hardware space to other users. Those who need additional storage can use this space to store their data on other people's computers. Of course, all this is done with heavy encryption which can ensure that the saved files are safe and private. Only people upload files that can access them as a whole, and decrypt them.

While the network has been developing for a while, it still doesn't offer many different features that users use on Google Drive, Dropbox, and similar services. However, the project continues to grow and develop, while at the same time, continues to get more supporters.

The ability to save files on cloud services has become very important on the modern internet. However, when using centralized services such as Google Drive, users can never be absolutely sure that the information is truly safe. This is why this project is very popular, and why many hope to see it reach its full potential as soon as possible.