Just pointing out that this blockchain project, and its token, are really
making some moves.
One reason I posted here about this months ago....I suspected many of you
guys would find the product very compelling.
The software has matured quite a bit since then, they still call it 'beta',
but it's working and the internet-developer-crowd is discovering the
project and are frankly getting pretty excited about it.

Price-wise, the Sia token 'sc' is breaking away from price-dependence upon
BTC, and, volume-wise, there are a lot of new buyers.

To utilize their "Internet 2.0 / Skynet", you have to deal in their token.
 SEC has already audited the Sia project and they left the 'SC" token
untouched.   It's not a 'coin' that's trying to compete with government
currency.

The Sia project has not spent much money, if any, on marketing.   They are
preferring to let their thing grow 'organically' so to speak.   Which
means, there isn't a nice polished User Guide just yet...just for one
example.   But "devs" and development-savvy content creators are already
using their product and are developing their own apps for the Sia Internet
ecosystem (that's what I call it anyway).    There is a website of course,
but most of what I know about this project I glean from their Discord
channel.

Even if you don't buy anything, you might want to put this on your radar
screen.   This could be a really big thing someday... something like
building the WWW upon the original Internet... but probably bigger.

Back in 2010, I read you guys' with your bitcoin mining and all that, and I
did nothing.   Clearly, that was a bad move for me.   And I didn't buy
Cisco or Dell in 1996 either....

---


On Fri, May 1, 2020 at 8:47 AM Steven Kenney <st...@wavedirect.org> wrote:

> Wow.. cool.  While I like the whole blockchain concept,  its decentralized
> and an uncontrolled medium there still is one overwhelming problem.  The
> key.  Not to mention as much as we think it won't be cracked,  it will be.
> Eventually technology will catch up with processing fast enough to crack
> it.  Quantum computers,  heck even  dna based computers can start to make
> their appearance in society making the currency unsafe to use.  Bitcoin is
> only as strong as the mysterious person who has the original key ( *Satoshi
> Nakamoto* ) (Who the NSA has admitted they've identified via online
> signature or may even have been NSA!).  Whoever has that key can decrypt
> anything.
>
> Therefore while having blockchain part of a cloud storage is really cool.
> It ultimately will not be as secure as you think.  Its more secure than
> what is out there already! But I'm still hoping they develop some new form
> of blockchain that is a bit more evolved.
>
> --
> Steven Kenney
> Network Operations Manager
> WaveDirect Telecommunications
> http://www.wavedirect.net
> (519)737-WAVE (9283)
>
> ------------------------------
> *From: *"justsumname ." <unixday...@gmail.com>
> *To: *"af" <af@af.afmug.com>
> *Sent: *Thursday, April 30, 2020 8:12:37 PM
> *Subject: *[AFMUG] OT: some good news!
>
>
> If you are skeptical of 'cryptocurrencies' ( like I am ) but find
> blockchain technology very compelling ( like I do ), then you might find
> this interesting.
> No I don't work for the company.    Yes I own some of their 'coin'.
> (which is more like a utility token and not much like a currency)
>
> Siacoin is not a cryptocurrency in the pop-culture-get-rich-quick sense,
> but all blockchains have a token.   If you want to buy storage space on
> their cloud storage system, you need siacoins, the Sia token.
>
>
> https://www.startpage.com/do/dsearch?query=twitter+siacoin&cat=web&pl=opensearch&language=english
>
> Many questions have been asked and answered.   Over and over.
>
> This is a functioning 'crypto' -coin with a real use case and will never
> be squashed by any govt because it does not compete with any govt.
> Very impressed with this gang of developers.
>
> We can go back to COVID-19 is gonna kill us all.
> --
>
>
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