Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage
by
Hakkane
on 14/11/2017, 02:50:29 UTC
Has the coin really been under-developed? Have you ever used its services in real life? Thanks all.

Where have you read that? A lot of people is coming here with the exact same two questions. I am wondering if maybe someone is spreading FUD elsewhere about Sia not being developed anymore or not being functional...

Scroll up 5 posts to my previous post and you'll find answers. Sia is indeed very actively developed, you can check last week's report in that previous post or the GitHub. Currently the Sia network consists on 3.4 petabytes of storage distributed among 850+ hosts, of which 105TB are currently in use https://www.siastats.info/hosts_network.html . I am personally storing almost 1TB of files on Sia. There is a scoreboard where users can voluntarily submit their logs to promote "a competition" to be the top uploader: https://rankings.sia.tech/index.html so as you can see real users, real people, are using the Sia storage.

For now i am only skeptical about one aspect: storage price per Terabyte may be lower  than GDrive/Onedrive/etc. by 90% , ... but what about bandwidth price?
I have  briefly read that a Sia renter must pay bandwith as well, while S3,GDrive etc. don't make you pay for it , right ?

Or do they have "practical" limits they don't declare but are actual.
I.E. They promise you unlimited traffic but in practice if you overcome a certain limit like 1TB/month then they will cap your transfer speed to 50Kbps for example.
We should define these variables to make a proper comparison

Oh, no... Amazon S3 indeed charges for downloading data: depending on the mirror, between $10-$20/Tb https://aws.amazon.com/s3/pricing/ Compare this with what Sia costs: 13 cents per TB for uploads and 10 cents per TB for downloads: https://aws.amazon.com/s3/pricing/ This is 100x less currently

Final costumer products might have apparently "free download" but in the end as you say there are caps. Enterprise clients don't have access to free plans and pay outrageous bandwidth costs on any traditional storage solution