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What is Sia?

Cryptography has unlocked the latent possibilities of the Internet, enabling secure exchanges among parties lacking mutual trust. Sia capitalizes on this ability to create a decentralized marketplace for cloud storage, allowing transactions to happen directly between consumers and providers. This groundbreaking model removes the necessity for intermediaries, breaks down geographical barriers, avoids vendor lock-in, and protects user privacy from both surveillance and throttling. It signifies a resurgence of the open Internet we once valued, setting the stage for a future that champions freedom and independence in online engagements. In this emerging framework, individuals can take back control of their own data and storage options, fostering a more equitable digital environment for all. This shift further encourages innovation and collaboration among users in the digital realm.

What is Filecoin?

The Filecoin mainnet has officially gone live, inviting participants to perform transactions, store data, and earn FIL tokens. This groundbreaking network creates impressive economies of scale by allowing anyone to become a storage provider, enabling them to monetize their unused hard drive space. Its design rewards a diverse range of contributors, from large-scale data centers to local business owners with mining equipment operating on a smaller scale. Miners utilize various combinations of disks and hardware to secure storage agreements, maintain data, and earn Filecoin, with mining configurations that can differ significantly, ranging from basic personal computers to sophisticated systems equipped with multiple disks and enhanced processing capabilities. In contrast to conventional proof-of-work models, this approach emphasizes the real-world value of storage, where the amount of file storage you provide directly influences your block reward earnings. The more storage you supply, the higher your potential income in Filecoin. Additionally, the Filecoin retrieval market motivates miners to efficiently deliver data, which boosts overall network performance and user satisfaction. This interconnected ecosystem cultivates a vibrant market for data storage and retrieval, promoting both innovation and teamwork among participants. Ultimately, Filecoin aims to reshape the landscape of decentralized data management, creating significant opportunities for users and providers alike.

Media

Media

Integrations Supported

Bitdeer
Bitget Wallet
Blockdaemon
CoinList
Cryptio
DEX Screener
Filet
Flow
HollaEx
IPFS Cluster
Ledger Nano X
NOWNodes
NodeShift
RcloneView
Second State
Space
Tres Finance
Trocador
Trust Wallet
nft.storage

Integrations Supported

Bitdeer
Bitget Wallet
Blockdaemon
CoinList
Cryptio
DEX Screener
Filet
Flow
HollaEx
IPFS Cluster
Ledger Nano X
NOWNodes
NodeShift
RcloneView
Second State
Space
Tres Finance
Trocador
Trust Wallet
nft.storage

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

The Sia Foundation

Company Website

sia.tech/

Company Facts

Organization Name

Filecoin

Date Founded

2014

Company Website

filecoin.io

Categories and Features

Categories and Features

Cloud Storage

Access Control
Archiving & Retention
Backup
Data Migration
Data Synchronization
Encryption
File Sharing
Version Control

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