Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage - Working Beta - Currency has been released
by
NASdaq
on 25/01/2016, 13:01:38 UTC
What response (if any) do the sia devs have to this claim? Follow the provably scams link for his analysis.

@TPTB, what do you make of Sia tech for decentralised cloud storage? They're more advanced than either of Storj and Maidsafe, as they've already launched a live beta version.

https://bitcointalk.org/index.php?topic=1060294.0

Storj, Maidsafe, Sia, and Permacoin (and any other decentralized file system that pays to store a file instead of only paying to serve the file) are all provably scams.


He seems to be saying (among many other criticisms) that the economics of decentralised cloud storage systems can't work, and storage providers will end up using dedicated servers and smaller opertions will get shut down by their ISP's. He's a wacky guy, but not a light weight thinker. Does he have a point?