Siacoin (SC) is a cryptocurrency that powers the Sia network. This decentralized cloud storage system allows anyone to rent out spare hard drive space or utilize other people’s extra hard drive space to store files. Thus, users with extra data storage space can put to use the additional data storage space to provide every kind of file sharing option available on the internet.
Skynet can handle Netflix amount of users in the Siacoin Economy
David Vorick, Skynet Lead Developer, expressed: “Skynet is better than other p2p file sharing solutions because the uploader does not need to stick around waiting for the counterparty to complete the download. Once it’s uploaded, grab the link and email it to them. The file will be there for them even if you aren’t.”
Demystifying the importance of cloud storage and data sharing for beginners: There are many free file sharing sites like Google Drive, Bit.ai, Jumpshare, Microsoft OneDrive, Box, Amazon Drive, Dropbox, Hightail, Mediafire, FileShare, Zippyshare, and DropSend.
Google’s cloud storage services help users to store documents, files, audio, videos- basically anything.
Bit.ai depends on different types of tools and apps to get the work done both while working at the office and remote. They offer services more than files and images. They provide tools that are smart enough to handle all the data.
Jumpshare provides file sharing and visual collaboration by providing file sharing, screenshots, video recording, GIF creation, and team collaboration. There is a simple drag and drop option for files into the Jumpshare tray icon, and a shareable link gets created instantly. Helps visually organize everything.
Microsoft OneDrive provides a safe and secure cloud storage service. One Drive makes it possible to save files and photos to OneDrive to derive them back from any device from anywhere eventually. Collaborating on content with coworkers and colleagues becomes easy, thus improving productivity and efficiency.
Amazon Drive provides for enterprise-level storage solution known as AWS, allowing users to store multi-media data like photos, videos and files to the cloud and get to access it from any time, anywhere.
DropBox is the gold standard for file sharing and cloud storage all in one place, with desktop clients and mobile apps to keep files in sync and within reach. The intuitive design has made it a cloud favorite.
Hightail focuses on team collaboration than individual sharing.
Media fire simplifies workflow by making it easy to share photos, videos, audio, and docs.
Sharefile is focused on enterprise companies looking to share large files most safely and securely possible.
Thus, Skynet makes everything possible regarding storage technology with its “Decentralized Storage for the Modern Web.” Exhaustive details are found in the Sia Skynet announcement to attendees at the Stacks 2.0 Mainnet Launch event on January 14, 2021.
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