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RE: Altcoins I own and altcoins I am following

in #money • 9 years ago

Good analysis, thanks!
We have idle Internet resources in our Data Center, and in that sense we have been looking at sia and storj to put those resources into use by getting involved in decentralized incentivized networks.
In your opinion, which is better (or more advanced) in the storage space; Storj or SIA ?

Thanks and regards,

9 years ago in #money by
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     9 years ago  

    Storj is similar to Sia, but does not feature on-blockchain storage contracts. Instead, Storj offers a pay-as-you-go model where hosts are paid with some frequency by the users.

    Sia supports on-blockchain smart contracts that require hosts to store files in order to get paid. Once the contract has been created, the host is guaranteed to get paid, even if the uploader never accesses the file. This contract also allows us to enforce penalties on hosts that go offline or lose data.

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     9 years ago (edited) 

    So, which one is a best bet for committing Internet resources for the purpose of earning money?

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       9 years ago (edited) 

      I would not want to be responsible for what your idle resources in your data center do, ha! But my interests would be aimed more at Storj - I just believe they will be producing a more polished product, there is serious work going on over there, producing more solid 'longer term' gains.

      http://storj.io/share.html