What is Siacoin?

With the variety of altcoins on the market it may be confusing to keep track of all the ICOs and projects. This article will teach you about Siacoin (SC) and what its purpose is. In short SC is a distributed cloud storage platform, ultimately liberating unused storage space.

The idea for the project was conceived back in 2013 at HackMIT, which is a hackathon hosted at the Massachusetts Institute of Technology. The idea is simple, allow anyone to rent out their storage space and in return reward them for their contribution.

The promise of Sia is a decentralized network of

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