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 was updated this week. 2 issues were created, 12 were closed. 6 PRs were merged.
GitHub users ChrisSchinnerl, lukechampine, and nielscastien had code contributions into Sia this week.
Contract fees are now expressly shown in the /renter API endpoint and siac renter commands. Users can now see how how their spent allowance breaks down with amount spent on storage, upload, download, and fees. Check out the changes here.
GitHub user nielscastien spent a lot of time adding a new API endpoint to view host contract information. The new /host/contracts endpoint displays every contract a host has and various fields about the contract such as its riskedcollateral, expirationheight, obligationstatus, potentialstoragerevenue, and many more fields. To see all the fields available check out the PR here and follow it’s progress as the new API endpoint gets added to siac here.
From the community:
Community member mtlynch released an updated Sia docker image. Read his post and download the image here.
I recently upgraded my internet service with Verizon, they ran an Ethernet cable to my router in addition to the coax. I did not change any router settings. My host will say Host Online for about 10-15 minutes and then it will say Host Offline check your NAT and or UPNP settings. Both ports 9981 and 9982 are open and when I check them on canyouseeme, I have success.
Does anyone know why my host keeps going offline? I was hosting for about 6 weeks prior to having my internet upgraded with no issues