What is Siacoin? Sia is a decentralized storage platform secured by blockchain technology. The Sia Storage Platform leveragesShow more [+] underutilized hard drive capacity around the world to create a data storage marketplace that is more reliable and lower cost than traditional cloud storage providers.
Sia uses a new cryptocurrency, called the siacoin.
The most important features of Sia can only be accessed by using siacoins. All storage contracts and all Sia payment channels require owning siacoins. This requirement means that as Sia grows in usage, so too will demand for siacoins.
As demand grows, the price will increase. If Sia is being used for billions of dollars of storage, billions of dollars of siacoins will be required. The value of the siacoin is inextricably tied to the amount of storage in use on the Sia
3 Nebulous repo were updated. 5 issues were created, 10 were closed. 14 PRs were merged
GitHub users MSevey, ChrisSchinnerl, eddiewang, lukechampine and DavidVorick had code contributions into Sia.
A bug that was preventing the UI from showing the transaction history in the recently released version 1.3.3 has been corrected by eddiewang here and a hotfix was applied. Users with this problem just need to download and install the fixed 1.3.3 version from sia.tech to solve it. If you are still using an older version of Sia, be sure to update!
MSevey added the optional async flag to the renter download API to facilitate queueing downloads here.
DavidVorick restricted the connectivity to reject peers using the outdated Sia version 1.3.0 or below here. While incompatible with the blockchain since the hardfork of January, these outdated wallets could provoke in current clients an excessive network traffic while attempting to share blocks with them.
/u/eddiewang joined this week the Nebulous team as a UX designer. He has started to redesign the UI of Sia right away, and so far, has merged 3 PRs updating graphical assets.
Congratulations, we are all looking forward to see the final result!