I feel very positive about this project, the future of decentralised cloud storages is just at the beginning of it journey. Sia is securing its data via encryption not like others cloud providers. Sia allows a user to store their data in the cloud without losing control or being control, With Sia, users can pay for the bandwidth and the data they need not pay separately for hosting the data like on YouTube.
SIA try to reinventing cloud storage, their technology connects users who need file storage with hosts worldwide offering underutilized hard drive capacity. Blockchain technology secures their data and enables improved economics for users and hosts.
According to the latest news They are burning like a billion tokens as well. We shall see how this will affect us. Siacoin was one of the only coins that remained stable the past couple of months where the majority of other main stream coins dropped considerably in value.
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