Sia Coin Prospects, Market Closing

Sia Coin Prospects, Market Closing

Hello, the coin I'm going to introduce today is running a distributed cloud platform listed on Upbit. First, let's take a look at the market trends by reporting the Crypto news. If you finish reading this article, you will naturally learn how to analyze coins with SC information, and you will earn a big profit on the upswing.

Sia Coin

Encrypts and stores data on the blockchain, improving security and reducing costs over centralized clouds. Google Cloud costs $100 a month, Amazon Web Services $115 a month, and Microsoft Azure $120 a month, but Sia Coin says it can store all of its data on the blockchain, but it converts (=encrypt) only customer information data and contract information between clients into a hash. The storage device's provider must periodically prove that it is storing the client's data and can be monitored publicly. In summary, cryptocurrencies that provide similar services as platforms that share cloud storage space based on blockchain technology include Golem and Storage.

Sia Coin Prospect

Then, let's look at the listed exchanges to see if they have kimchi coins and find out the prospects. First of all, not only are they listed on many large global exchanges, but the volume of transactions is evenly distributed, so I thought I could check the concentration of one force. Also, listing on major exchanges implies that technology is recognized in its own way, so I think it's a little more reliable. And the site that checks the scams of AltCoins also showed not bad figures, so I think the view is pretty good. However, the market capitalization may be around 500 billion won, which may be somewhat volatile, and the issuance is unlimited, but the issuance is currently rapidly decreasing, raising concerns. So that's what we talked about. I hope you get a good profit through a lot of research after looking at my posting. Thank you.