Sia's network utilizes smart contracts to ensure agreements between uploaders and hosts, ensuring secure transactions in Siacoin (SC).
Each file is split into 30 encrypted pieces, enhancing redundancy by uploading them to different servers.
The utility coin, SC, is mined through a proof-of-work algorithm, enabling transactions via smart contracts and bolstering the secure and decentralized storage ecosystem.
Siacoin went through a big and fast correction. As I can see, it's a good discount for a quality coin. My chips are on the table.
$SC
