3 ms·

How is Filecoin different from Sia coin? I remember a while ago hearing about both trying to decentralize storage but never kept up with it enough to really su

by cgb223 6y ago

How is Filecoin different from Sia coin? I remember a while ago hearing about both trying to decentralize storage but never kept up with it enough to really suss out the difference

Sargos 6y ago
Sia seems like a Dropbox/OneDrive replacement whereas Filecoin is an incentivized storage layer infrastructure for apps to use, especially dapps. If you wanted to build a decentralized SoundCloud you couldn't use Sia but IPFS/Filecoin is the primary building block of such a dapp.
- olah_1 6y ago
  Sia released a new version of their product called Skynet[1] which provides exactly the functionality of IPFS+Filecoin today. Part of Skynet is a group of SDKs[2] which you can use to integrate skynet storage as part of your application. I believe that they are even adding the ability for developers to get kickbacks if they build on Sia[3]. If you do want something like Dropbox that is built on Sia, there is Filebase[4]. I am not associated with Sia at all. I've just been following their twitter for a while. [1]: https://siasky.net/ https://siasky.net/ [2]: https://nebulouslabs.github.io/skynet-docs/#introduction https://nebulouslabs.github.io/skynet-docs/#introduction [3]: https://twitter.com/SiaTechHQ/status/1291441690008592384 https://twitter.com/SiaTechHQ/status/1291441690008592384 [4]: https://docs.filebase.com/ https://docs.filebase.com/
  - xur17 6y ago
    I'm curious to look at filecoin - last time I tried to use sia, it was still fairly rough around the edge (minimum file size, seed based recovery isn't automatic, etc).
olah_1 6y ago
My 2 cents is that they just have different methodologies driving them. Sia is shipping a working network early and updates are arriving often. Filecoin seems to be taking an approach more like Holochain stuff. Meaning they are shipping early and often but only internally and you'll get to see it when its ready™.
hndamien 6y ago
Filecoin is secured by a proof of storage algorithm, Sia is secured by a proof of work algorithm. For a storage solution it arguably makes more sense to use storage.

by cgb223 6y ago

How is Filecoin different from Sia coin? I remember a while ago hearing about both trying to decentralize storage but never kept up with it enough to really suss out the difference

Sargos 6y ago

Sia seems like a Dropbox/OneDrive replacement whereas Filecoin is an incentivized storage layer infrastructure for apps to use, especially dapps. If you wanted to build a decentralized SoundCloud you couldn't use Sia but IPFS/Filecoin is the primary building block of such a dapp.

olah_1 6y ago
Sia released a new version of their product called Skynet[1] which provides exactly the functionality of IPFS+Filecoin today. Part of Skynet is a group of SDKs[2] which you can use to integrate skynet storage as part of your application. I believe that they are even adding the ability for developers to get kickbacks if they build on Sia[3]. If you do want something like Dropbox that is built on Sia, there is Filebase[4]. I am not associated with Sia at all. I've just been following their twitter for a while. [1]: https://siasky.net/ https://siasky.net/ [2]: https://nebulouslabs.github.io/skynet-docs/#introduction https://nebulouslabs.github.io/skynet-docs/#introduction [3]: https://twitter.com/SiaTechHQ/status/1291441690008592384 https://twitter.com/SiaTechHQ/status/1291441690008592384 [4]: https://docs.filebase.com/ https://docs.filebase.com/
- xur17 6y ago
  I'm curious to look at filecoin - last time I tried to use sia, it was still fairly rough around the edge (minimum file size, seed based recovery isn't automatic, etc).

olah_1 6y ago

My 2 cents is that they just have different methodologies driving them. Sia is shipping a working network early and updates are arriving often. Filecoin seems to be taking an approach more like Holochain stuff. Meaning they are shipping early and often but only internally and you'll get to see it when its ready™.

hndamien 6y ago

Filecoin is secured by a proof of storage algorithm, Sia is secured by a proof of work algorithm. For a storage solution it arguably makes more sense to use storage.