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Topic: Why Did YUNBI Launch SIACOIN Trading? (Read 599 times)

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May 24, 2016, 01:38:08 AM
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Here is an interesting article talking about Sia from Lao Mao.
https://yunbi.com/?lang=en

Why Did YUNBI Launch SIACOIN Trading?

YUNBI has always been very cautious about selecting valuable blockchain assets, so why launched Siacoin?
YUNBI Formally Launched SIACOIN!

A year ago, It's difficult for YUNBI to find the "real blockchain asset",so YUNBI's listing speed is very very slow, so slow that our customers feel that "are you guys in hibernation?"
If you say YUNBI has a picky taste of choosing listing assets, I would not deny.
However, even so, some of the listed assets are just like chicken ribs.
It is not because YUNBI don't want to list good assets, but because it is really hard to find one. Why YUNBI don't list this? Why YUNBI don't list that? Day after day, we receive these kinds of inquiries. The answer is very simple, most of these assets don't comply with our values, or we think the core team background cannot pass our standard.
We have been thinking: What kind of assets is good enough for both investors and users?
If YUNBI can list Bitcoin in 2010, it is clear that we can bring much more profits to YUNBI users. In China, that award should give apparently to BTCC.
However, Bitcoin is Bitcoin, the world's only bitcoin. Any altcoin with a simple fork wants to replace Bitcoin behavior is bluffing.
BTS series, as innovative blockchain assets, were the ones YUNBI placed high expectations. But under the government of BM, the absolute power management make this series to crash.
Then 2016 came, with the rise of Etherem, blockchain technology also started to make a large outbreak, like the Cambrian explosion. The entire industry turned out a vibrant new scene. Ethereum not only created a brand new ecosystems, but also draw a popular attention of Bitcoin once again. The valuable blockchain assets finally appear in front of us.
It is the blockchain assets which truely has application values that give users an investment opportunity.

Bitcoin is already the most important super sovereignty currency.
Ethereum is the most mature blockchain development platform.
These are indisputable facts.
And there are other applications, relating to everybody's convenience.
Such as cloud storage.
As we all know the reasons, within one month, Six domestic cloud storage providers have announced to stop the service .
Baidu and 360 cloud storage are the only two of the most influential providers.
At this point, SIA, a decentralized cloud storage project caught our attention.

Your Sia Wallet, is your storage client, through which you can on any network storage device with SIA to provide space for your files that are stored encrypted.
No need to worry about the security of your file, each file is sliced to ​​ten pieces, and each of them is stored in a high-strength encrypted cyberspace. Ten cyberspaces have no realtion between each other. No need to worry about losing your files. Each saved file has at least must select three or more backups, as long as you have enough SIACOIN, you can also choose to add more security to back up your files.
Your file is saved in decentralized mode. As long as the network operates, your files are storaging in the cyberspaces. No one can control, no one can spy on, and no one can therefore ask you to have a cup of tea (a proverb in Chinese).

Keep your keys, your document is your document, as your bitcoin is your real personal assets.
SIA is the first truly commercial operating cloud storage projects, if you want to know more, you can goto here to learn more about the technical details.
As a commercial project which apply the blockchain technology to deal with the real demand, whose market value is only a million dollars, Sia makes us feel surprised.
So, we think it is a worthy blockchain assets with expectations. We expect that the official version of SIA V 1.0 comes out at June, then perhaps it will implement all the functions from the plan. We will witness the application context of a real valuable blockchain assets.

We believe that decentralized cloud storage is a rigid demand, not only it will give users a convenience tool of storaging, but also give investors some profit opportunities. These are the important reasons why we bring Siacoin trading into YUNBI.

https://yunbi.com/?lang=en
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