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The website seemed okay and even useful until: "Both renters and hosts use Siacoin, a unique cryptocurrency built on the Sia blockchain. Renters use Siacoin to
by franciscop 7y ago
The website seemed okay and even useful until:
"Both renters and hosts use Siacoin, a unique cryptocurrency built on the Sia blockchain. Renters use Siacoin to buy storage capacity from hosts, while hosts deposit Siacoin into each file contract as collateral."
- drak0n1c 7y agoUntil payment processing for regular money becomes free, peer-to-peer micropayments can only be done economically with a cryptocurrency. The need for a new unique crypto currency for this project is debatable, but I can understand that the people who work on this project full-time need to earn a paycheck.