The Sia price includes a cloud storage platform similar to Dropbox and other centralized platforms. Instead of paying for cloud storage space from a single entity, client rent storage space from each other. Clients get the storage space from nodes using Sia’s blockchain as contracts. The data is encrypted into countless pieces and uploaded to different hosts before it is stored. Sia owns two cryptocurrencies, one mined by Sia developers—Siacoins, (SC token price) and Siafund. Sia developers mined the first 100 blocks in which the rewards began with 300,000 Siacoins for the first block; each subsequent block decreases by Siacoin until the block reward rests at 30,000 Siacoins per block. Siafund sends 3.9% of all successful storage contract payouts to the holders.
Source: Live Bitcoin News - 37 minutes ago
Blockchain continues to make strides in the modern world, and not solely through cryptocurrencies. From art to football, the next stop for the technology appears to be franchising. We know that blockchain technology’s intrinsic characteristics allow it to be used in a range of businesses and not just for cryptocurrencies. Live Bitcoin News has reported on it...
Source: The Merkle - 1 hour ago
In the world of cryptocurrency, mining is an integral part of Bitcoin and most altcoins. Unfortunately, not everyone has the means to mine at home or partake in cloud mining. Relying on AWS-based mining was a worthwhile solution some time ago, but that concept has fallen out of favor as of right now. AWS Mining […]
Source: Bitcoinist - 1 hour ago
A U.S. Federal Court recently indicted Gelfman Blueprint Inc. (GBI) and its CEO Nicholas Gelfman to the tune of $2.5 million for running a Bitcoin Ponzi scheme. The matter is the first ever anti-fraud proceedings concerning Bitcoin taken up by the Commodity Futures Trading Commission (CFTC). Court Levies $2.5 Million Against GBI and Gelfman According to a CFTC press release published on Thursday (October 18, 2018), the defendants – GBI and Gelfman, will pay about
Source: NEWSBTC - 2 hours ago
A Japanese consortium is to research the use of blockchain technology to determine the price of surplus electricity generated by photovoltaic power generation, and a new system capable of direct trading. Japan Unisys to Build Blockchain Platform to Facilitate Trading of Electricity A partnership between the University of Tokyo, IT company Japan Unisys, electric utility Kansai...
Source: The Merkle - 3 hours ago
It would appear there is still plenty of stablecoin action on the horizon in the cryptocurrency industry. More specifically, there has been an influx of such currencies over the past few months. Huobi Global is now planning to introduce its own stablecoin, although it is a bit different from what one would expect. The Huobi […]
|Basic Attention Token (BAT)||$0.23838||-15.50%|
|Pundi X (NPXS)||$0.00152||-6.01%|
|Metaverse ETP (ETP)||$3.05508||-2.50%|