For those of you who do not know, Sia is a Cloud Storage service, similar in consent (not application) to Google Drive (GD), but unlike (GD), the information stored on Sia is actually safe.
The reason information stored on Sia is safe is because it is using the block chain and therefore your information is protected by the same kind of encryption used by Bitcoin.
Well one might ask what does it matter if you need a user name and password to access you information while in traditional Cloud Storage? The reason it matters is, the people who work for the data center where the information is stored will have access to everyone data, and basically you have to trust them not to invade your privacy. Well here is a bit to think about, are you willing to leave your home sex tapes, or Crypto Wallet Keys stored on a server where you have to trust a bunch of people you never met? Or, would you rather have all of the information stored fully encrypted and have a user name, password? If you chose trust my friend, bless your heart, but you must have grown up in a much nicer place than I did. To say it the way it was explained to be in Boot Camp, more people are honest when your locker stays locked and nothing looks tempting. However this is not the only difference between Sia and Traditional Cloud Storage.
The next difference is that instead of all the information being stored in one central location like most products that utilize the block chain Sia storage is decentralized. Decentralizing your data not only protects is since it would be harder to steal if you don't know where to look, but it also adds redundancy is case a server crashes or node goes down, information is stored in many places not one central location. You can find more information on Sia here: https://sia.tech/. Yet still there are more advantages to Sia's product.
Sia can boast a huge savings compared to its, inferior Cloud Storage counter parts, look at this picture straight from their website:
This shows how much you will save by switching to Sia.
With all of these factors working for Sia I believe it will take this industry by storm which is why I was an early adopter and have enjoyed the recent gains and will continue to enjoy future gains. Please find Sia's Video, this is a great little summery of their product. Another YUGE thing is if you hold SIA coin you can become a node and set your home computer up to be part of the decentralized storage, just follow the instructions here: https://blog.sia.tech/how-to-run-a-host-on-sia-2159ebc4725.
I am going to wrap this up by saying that although we have seen steady growth over the past few weeks, we still have a long way to go before even hitting the ATH let alone breaking though to new heights. It looks like we will get an ICO Re-trancement on this one, I personally hold a large position in this and although I am not a financial advisor and can not give financial advice legally I think it is a great buy, in my opinion. We have a long drawn out descending triangle with a sudden spike in price action. Now in just 3 days 12/24/2017 Sia is releasing 1.3.1, which is a major upgrade to their system, all of their code is open source and easy to find so if you understand coding feel free to check it out. No more major news announced as of yet but in June 2018 they are releasing their ASIC Miner so keep an eye open for that as well. I will be holding this currency and using this product for as long as I am able to still use a computer.