Post
Topic
Board Speculation (Altcoins)
Re: Siacoin Epic Monster Moon
by
Aquazi
on 21/06/2017, 02:31:20 UTC
To Aquazi:

Sia is not meant for users like you and I. It's meant for businesses.

It's not for all the reasons I told you.

Quote
Sia offers this:

1. High uptime, despite what you say
2. High reliability, despite what you say
3. High download bandwidth, despite what you say


1. uptime depends on the hosts, which are anonymous, contract free users like me and you. You can store all your data on my pc, then I just realize I make much more on burst coins and who cares.

2. What? What do you mean by reliability.

3. How? Download bandwidth depends on a connection between me and you, and I doubt neither of us has a network comparable to professional services which have multi hundreds gigabits of connections.

Do you really believe a business is going to host files on Joe's computer that will download a terabyte in 30 hours?

Also, as I already pointed out:

-you can't detax your expenses on Sia network, no bills.

-sia is absolutely unfit do database storage

-professional services backup your data (and store it for longer than contract), there's basically no risk of losing your files on amazon/azure/ecc. If your host goes offline, he's gone.

-for sia to have nice prices for customers, it needs to have shit prices for hosts. That's a fact, period.

Quote
This is a perfect platform for multimedia storage, or any torrent-esque storage really.

So it solves a problem that has already free alternatives. It solves a non existing problem.

Quote
SIA IS A CONTRACT COIN.

Not a storage coin, like many incorrectly assume (even me)! Read the whitepaper.

This means it can be used for more than just storage - for what else, not sure, but I'll be sure to give an update once I figure out something practical.

And it's not a valid alternative to better coins that have exactly this purpose.

You're free to believe in what you want, but you can bring no valid logic to counter my arguments.