Is this like Burstcoin? Or no relation? Is there really that big a need for drive storage in the everyday business world? Could bad/criminal/stolen or otherwise nasty pictures be stored on your computer by using sia?
I really want to understand this market, just seems to many bad actors could use this, verses legit businesses saving costs by going to BC based storage.
After the dice coin duping that is ongoing, should we not double check these "investments" before we back them with anything. Fear of missing out is leaving a lot of road rash.
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Not really burstcoin uses Proof of Capacity instead of pow/pos mining. Basicly you minw with your hard drive.
Siacoin has two parts the coin and Storage.
The coin has pow and usecase to buy storage.
The storage aspect, You can rent it out (Host) and someone else buy it. (this is over simplifyed)