storj and sia coin is same good coin,
siacoin shortage total suply is very big, until reach 24 billion coin , so very dificult can get incraese very high price
storj shortage use counterparty asset, many people not like counterparty asset because fee sending is high and long time confirmation transaction
Topic: Storj (SJCK) vs. Siacoin (SC) - Discussion - page 4. (Read 17191 times)
One thing worth mentioning is that the Storj Dev team controls I believe over 80% of the coin supply (forget the exact amount but it was a wide majority). Sia however has been mined fairly for the most part and is more fairly distributed, they do have the Sia Fund coin (not listed on exchanges and given out to early investors and many to the devs as well) which distributes ~3.5% mining rewards of sia to the holders; overall though it is not a huge amount of coins going to any one party through that, certainly much more fair than a majority pre-mine.
If anyone wants to clarify these figures please do, I don't have the time to go digging right now.
If anyone wants to clarify these figures please do, I don't have the time to go digging right now.
Great info. I had fun reading the comments and I would love to read more. I bought some SC the other day and I plan to hold this for a long term.
On one hand, Storj acts mostly like Amazon Simple storage service in the broad sense that you setup an identity , link allowed devices, get buckets, upload files to buckets. Non noob friendly in the sense that normal non it savvy users would not even be touching storj, or understand what is a key ring or the command line for that matter, maybe things will change when the ui comes out (not that I know off, if there is, please link me).
On the other hand , siacoin is non noob friendly in the sense that it requires the renter to have coins in their wallet, this portion may be a problem for some non-savvy people to get the exchange from fiat to sia, although there is shapeshift for instant conversion from other alts. Maybe a user can do USDT > SC.
It is noob friendly in the sense that every person understands contracts. You go to a library to borrow a book, you sign a contract that you will return book in said number of days. Say we have a private lib in real life that users have to pay $50 a month to get membership, whereby books have a 30 days return limit.
Sia works in the reverse library scenario.
In reverse library , the current library is on fire. The library user becomes the file hosts and the library the guy looking to store files. Reverse libary in the sense that the lib pays the user instead for the user to protect books from the burning library. The contract still exists. Just that if the library has not found a new location to store his books, the files belong to the user after contract is over. If library has enough space and has setup a new location, he can request the user to return the book anytime.
Also noob friendly in the sense that other than the inital funding portions, everything else is like dropbox
On the other hand , siacoin is non noob friendly in the sense that it requires the renter to have coins in their wallet, this portion may be a problem for some non-savvy people to get the exchange from fiat to sia, although there is shapeshift for instant conversion from other alts. Maybe a user can do USDT > SC.
It is noob friendly in the sense that every person understands contracts. You go to a library to borrow a book, you sign a contract that you will return book in said number of days. Say we have a private lib in real life that users have to pay $50 a month to get membership, whereby books have a 30 days return limit.
Sia works in the reverse library scenario.
In reverse library , the current library is on fire. The library user becomes the file hosts and the library the guy looking to store files. Reverse libary in the sense that the lib pays the user instead for the user to protect books from the burning library. The contract still exists. Just that if the library has not found a new location to store his books, the files belong to the user after contract is over. If library has enough space and has setup a new location, he can request the user to return the book anytime.
Also noob friendly in the sense that other than the inital funding portions, everything else is like dropbox
These two projects, how about adding a third one, that Dotcom followup of megaupload. They mentioned Storj as a component once on their roadmap but the current state of development lags behing everything.
The buzz is back on BTCs to fuel it. That would degrade both beeing second class only.
The buzz is back on BTCs to fuel it. That would degrade both beeing second class only.
They are now using some bitcache thingy which is either a fork or a totally useless mechanism. I do not trust someone who does not even know how to use screen recording software for examples lol.
On the main topic, maidsafecoin is fake in my opinion, claiming to be in progress and in beta for years already? No news other than news from bagholders about "Remember maidsafecoin coming out soon, buy your coins! " LOL
For what it's worth, i set up Storj software for renting out hardware and it was a pretty easy process & "noob friendly" in my opinion. As of March 13th, 2017 Storj is out of beta http://blog.storj.io/post/158359154453/storj-comes-out-of-beta
According to this article, Siacoin has been out of Beta since June 2016 http://allcoinsnews.com/2016/06/07/siacoin-surges-as-sia-plans-to-come-out-of-beta/
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On storj, it is much more expensive than siacoin, also less noob friendly.
Sia isnt exactly noob friendly but it is so much easier. And there are inbuilt mechanisms by sia to make prices more or less the same cheap prices even in the long run, with hosts that burn coins actually getting more credibility.
Can you explain a bit more on how Sia isn't exactly noob friendly, but its much easier? I feel like that's a contradicting statement. Sia isnt exactly noob friendly but it is so much easier. And there are inbuilt mechanisms by sia to make prices more or less the same cheap prices even in the long run, with hosts that burn coins actually getting more credibility.
These two projects, how about adding a third one, that Dotcom followup of megaupload. They mentioned Storj as a component once on their roadmap but the current state of development lags behing everything.
The buzz is back on BTCs to fuel it. That would degrade both beeing second class only.
The buzz is back on BTCs to fuel it. That would degrade both beeing second class only.
They are now using some bitcache thingy which is either a fork or a totally useless mechanism. I do not trust someone who does not even know how to use screen recording software for examples lol.
On the main topic, maidsafecoin is fake in my opinion, claiming to be in progress and in beta for years already? No news other than news from bagholders about "Remember maidsafecoin coming out soon, buy your coins! " LOL
On storj, it is much more expensive than siacoin, also less noob friendly.
Sia isnt exactly noob friendly but it is so much easier. And there are inbuilt mechanisms by sia to make prices more or less the same cheap prices even in the long run, with hosts that burn coins actually getting more credibility.
MAIDSAFE can also be used for data storage.
Megaupload 2 isn't a competitor of these projects, it's supposed to use them for storage instead of 'traditional' data centers.
These two projects, how about adding a third one, that Dotcom followup of megaupload. They mentioned Storj as a component once on their roadmap but the current state of development lags behing everything.
The buzz is back on BTCs to fuel it. That would degrade both beeing second class only.
The buzz is back on BTCs to fuel it. That would degrade both beeing second class only.
Megaupload 2 isn't a competitor of these projects, it's supposed to use them for storage instead of 'traditional' data centers.
Storj - a decentralized, end-to-end encrypted cloud storage that uses blockchain technology and cryptography to secure your files.
Users act as decentralized cloud nodes essentially.
https://storj.io/index.html
Siacoin - a decentralized cloud storage platform that uses a blockchain to facilitate payments. You can rent storage, get paid host files, mine Siacon, or contribute to the project.
http://sia.tech/faq/
I am not favoring one over another, but am rather more interested in how the community feels about each project. The two projects seem very similar or nearly identical, which has contributed to my confusion in distinguishing one over the other. What are the pros/cons of each?
Users act as decentralized cloud nodes essentially.
https://storj.io/index.html
Siacoin - a decentralized cloud storage platform that uses a blockchain to facilitate payments. You can rent storage, get paid host files, mine Siacon, or contribute to the project.
http://sia.tech/faq/
I am not favoring one over another, but am rather more interested in how the community feels about each project. The two projects seem very similar or nearly identical, which has contributed to my confusion in distinguishing one over the other. What are the pros/cons of each?
i have same question as you,,
so i will wait somebody can answer and explain this question with reasonable answer,,
regards
These two projects, how about adding a third one, that Dotcom followup of megaupload. They mentioned Storj as a component once on their roadmap but the current state of development lags behing everything.
The buzz is back on BTCs to fuel it. That would degrade both beeing second class only.
The buzz is back on BTCs to fuel it. That would degrade both beeing second class only.
Storj - a decentralized, end-to-end encrypted cloud storage that uses blockchain technology and cryptography to secure your files.
Users act as decentralized cloud nodes essentially.
https://storj.io/index.html
Siacoin - a decentralized cloud storage platform that uses a blockchain to facilitate payments. You can rent storage, get paid host files, mine Siacon, or contribute to the project.
http://sia.tech/faq/
I am not favoring one over another, but am rather more interested in how the community feels about each project. The two projects seem very similar or nearly identical, which has contributed to my confusion in distinguishing one over the other. What are the pros/cons of each?
Users act as decentralized cloud nodes essentially.
https://storj.io/index.html
Siacoin - a decentralized cloud storage platform that uses a blockchain to facilitate payments. You can rent storage, get paid host files, mine Siacon, or contribute to the project.
http://sia.tech/faq/
I am not favoring one over another, but am rather more interested in how the community feels about each project. The two projects seem very similar or nearly identical, which has contributed to my confusion in distinguishing one over the other. What are the pros/cons of each?
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