Siacoin (SIA): Cloud Storage Platform For Traders

Siacoin (SIA): Cloud Storage Platform For Traders

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Sia is a decentralized cloud storage platform that intends to compete with existing storage solutions at both the P2P and enterprise level.
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It allows buyers and sellers to transact directly. 
Sia has no intermediaries, no vendors, and is borderless. They are built with the aim that individuals entirely own their data. It facilitates a trustless marketplace where peers can buy and sell cloud storage directly.
It is a platform secured by blockchain technology. It is comparatively reliable and cheaper than traditional cloud storage providers. It has its blockchain and utility token that powers it, the Siacoin (SC).
The main features of this blockchain include privacy, high performance, and robust engineering principles. Their primary aim is to bring the power of decentralization to data storage. They aim to provide exclusive control over the data. 
How Sia Works
While uploading a file to Sia, it undergoes through the process of fragmentation, encrypti

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