Sia is a decentralized cloud storage platform that uses a blockchain to facilitate payments. On Sia you can rent storage, get paid host files, mine Siacon, or contribute to the project!
Existing cloud storage providers are centralized. Costs are high, data is often unencrypted, and each provider typically runs only several large data centers. Sia, by contrast, allows for private, decentralized, distributed cloud storage at a far lower price.
Sia uses a cryptocurrency, Siacoin, to enable decentralized payments via file contracts. All payments on the network happen in Siacoin, which is a critical component of our cryptographic SLAs. Siacoin allows us to do things that would not be possible with Bitcoin or traditional online payments.
Sia is a new approach to cloud storage platforms. Instead of all datacenters being owned and operated by a single company, Sia opens the floodgates and allows anyone to make money by renting out their hard drive. Data integrity is protected using redundancy and cryptography.
The promise of Sia is a decentralized network of datacenters that, taken together, comprise the world's fastest, cheapest, and most secure cloud storage platform. Today, being a major cloud storage player requires having datacenters, building trust within the market, reaching customers, and competing with giants such as Amazon, Google, and Microsoft.
STORAGE PROVIDER MONTHLY STORAGE COST
Sia 10TB 20 usd
Amazon S3 10TB. 230 usd
Google Cloud 10TB 200 usd
Microsoft Azure 10TB 240 usd