Difference between revisions of "Sia"
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Latest revision as of 02:53, 25 May 2022
Sia is a layer 1 solution, decentralized storage. Anyone can become a renter (pays for storage) or a host (earns money by providing storage)
As a Cloud storage Sia is a platform allowing you to rent and pay for storage space elsewhere in the world for the purpose of having your own private, secure and ever-accessible backups.
The platform is using a consensus mechanism based on Proof of Work (PoW).