3 ms·
Okay, so after some reading: Sia uses Reed-Solomon coding in a 10 of 30 configuration. This means that as long as any 10 out of the 30 hosts you upload to are a
by buildzr 7y ago
Okay, so after some reading: Sia uses Reed-Solomon coding in a 10 of 30 configuration. This means that as long as any 10 out of the 30 hosts you upload to are available you can download your files. There's a quite high failure rate for contracts at the moment as it's not very profitable, around 9%. In order for this to be a problem, over 20 contracts would need to fail. If my math is correct we're talking about that should achieve approximately "20 9s" of reliability. Now there's one major catch with that, which is that your hosts must be chosen in a properly random way, but there's some cool tooling for Sia to help with that available like Decentralizer.
Overall, given this, while I'm not 100% confident in their software and cryptocurrency yet, given time I think this could prove to offer an even higher guarantee of reliability than traditional cloud storage services at much lower prices.