SiaCoin is the Sia platform’s native cryptocurrency. If you have additional storage capacity on the PC, the decentralized Sia network can be utilized. Whoever uses the storage space, will get paid in SiaCoin. Likewise whoever needs the space can easily pay the host in SiaCoin.
SiaCoins are designed to facilitate the execution of file storage contracts on the Sia network. Hosts – which charge for their storage – are allowed to maintain files in the agreed space for the limited period as per the deal. Upon the end of the deal, payment is released to the hosting party in SiaCoin.
Info sources:
✖ https://bit.ly/3xxw7Mt
✖ https://bit.ly/3nwufz7
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Disclaimer! This video does not force you to buy any cryptocurrency or invest in anything. I am not a financial advisor! Before investing in cryptocurrency talk to your financial advisor or do your own research.
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