The SIA coin chart looks bullish to us and just over support but far away from the projected resistance/target.
We have covered this twice before but if you need to know what is SIA coin:
Siacoin (SC) – one of the biggest P2P cloud storage platforms with a marketplace for cloud services.
Siacoin (SC) is a peer-to-peer (P2P) blockchain-based network that functions as decentralized cloud storage. It depends on network participants to provide storage services and rent excess bandwidth for Siacoin users as well as consumers. Siacoin users and network participants have the opportunity to rent storage space from one another in the Siacoin community. This option provides a more cheaper and efficient option when compared with centralized cloud storage providers.
Sia has a network capacity of over 2 petabytes (which is approximately 2,256 terabytes), as of 2020. It also has roughly 333 node operators actively securing the network. As of July of 2021, Siacoin hosts about 766 terabytes of files.
Siacoin Team and Development
David Vodrick and Luke Champine founded Siacoin back in 2013. At that time, both the developers were students of computer science at the Rensselaer Polytechnic Institute in New York. The duo first conceived the idea for a decentralized file storage network at a hackathon that took place at MIT in 2013.
The following year, David and Luke established Nebulous Inc., backed by $750,000 in funding from financiers such as Xiaolai Li and Procyon Ventures. Before working on Sia, David Vorick had previously worked on projects like the Bitcoin Core, which is the major software used by nodes on the Bitcoin network.
Asides from David Vorick and Luke Champine, who are still actively participating in this project, several other developers and executives have joined their team.
Sia’s public beta first launched in March 2015, and the launching of its live network came in June that same year. Since that launch, Sia’s team has been successful in raising approximately $6.4 million. Raptors Group, First Star Ventures, Fenbushi Capital, and INBlockchain back Nebulous financially.
CHECK OUR previous ideas below AND SEE HOW NICELY WE HAD DONE WITH THIS COIN BEFORE:
One Love,
the FXPROFESSOR
We have covered this twice before but if you need to know what is SIA coin:
Siacoin (SC) – one of the biggest P2P cloud storage platforms with a marketplace for cloud services.
Siacoin (SC) is a peer-to-peer (P2P) blockchain-based network that functions as decentralized cloud storage. It depends on network participants to provide storage services and rent excess bandwidth for Siacoin users as well as consumers. Siacoin users and network participants have the opportunity to rent storage space from one another in the Siacoin community. This option provides a more cheaper and efficient option when compared with centralized cloud storage providers.
Sia has a network capacity of over 2 petabytes (which is approximately 2,256 terabytes), as of 2020. It also has roughly 333 node operators actively securing the network. As of July of 2021, Siacoin hosts about 766 terabytes of files.
Siacoin Team and Development
David Vodrick and Luke Champine founded Siacoin back in 2013. At that time, both the developers were students of computer science at the Rensselaer Polytechnic Institute in New York. The duo first conceived the idea for a decentralized file storage network at a hackathon that took place at MIT in 2013.
The following year, David and Luke established Nebulous Inc., backed by $750,000 in funding from financiers such as Xiaolai Li and Procyon Ventures. Before working on Sia, David Vorick had previously worked on projects like the Bitcoin Core, which is the major software used by nodes on the Bitcoin network.
Asides from David Vorick and Luke Champine, who are still actively participating in this project, several other developers and executives have joined their team.
Sia’s public beta first launched in March 2015, and the launching of its live network came in June that same year. Since that launch, Sia’s team has been successful in raising approximately $6.4 million. Raptors Group, First Star Ventures, Fenbushi Capital, and INBlockchain back Nebulous financially.
CHECK OUR previous ideas below AND SEE HOW NICELY WE HAD DONE WITH THIS COIN BEFORE:
One Love,
the FXPROFESSOR
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