SiaCoin is a cloud storage cryptocurrency platform created by the blockchain and software development company Nebulous Labs on May 14, 2015. The company is based out of Boston, Massachusetts, and was founded by David Vorick and Luke Champine.
The Siacoin platform consists of a decentralized network of nodes located around the world. It enables users to store important data in a cloud platform that is secure and distributed in the network, preventing intrusions and violation of data privacy.Siacoin uses a Proof-of-Work (PoW) consensus mechanism and a BLAKE2 cryptographic hash function.
Funding
Venture
On September 8, 2016 Siacoin raised $750,000 thousand in funding bringing there total ventyure capital funding to $1.25 million. Companies participating in the venture capital rounds include: Five Star Ventures (also known as Procyon Ventures), Raptor Group, Fenbushi Capital, and Xiaolai Li.
Timeline
Venture funding round
On September 8, 2016 Siacoin raised $750,000 thousand in funding bringing there total ventyure capital funding to $1.25 million. Companies participating in the venture capital rounds include: Five Star Ventures (also known as Procyon Ventures), Raptor Group, Fenbushi Capital, and Xiaolai Li.
Founding of Siacoin
SiaCoin is a cloud storage cryptocurrency platform created by the blockchain and software development company Nebulous Labs on May 14, 2015. The company is based out of Boston, Massachusetts, and was founded by David Vorick and Luke Champine.
People
Chris Schinnerl
Core Developer
David Vorick
Co-Founder & CEO & Core Developer
Eddie Wang
Frontend Developer
Luke Champine
Co-Founder & Core Developer
Matt Sevey
Core Developer
Steve Funk
Head of Support
Zach Herbert
Vice President of Operations
Further reading
Sia (SC) Raises $750k Seed Round
KittyBitcoin
Web
Sia: Simple Decentralized Storage
David Vorick, Luke Champine
Academic
What is Siacoin ? Beginner's Guide to Sia (SC) Information & Review
Oliver Dale
Web
What Is Siacoin (SC)? A Guide to Decentralized Cloud Storage
Colin Harper
Web
Why Investors Should Pay Attention to Siacoin (SC)
Greg Thomson
Web
Documentaries, videos and podcasts
Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | Blake2b SC Fork
October 3, 2018
Siacoin explained - What is Siacoin & is it really the AIRBNB for hard drives?
July 21, 2017
Companies
References
Siacoin
Proof-of-work system
Decentralized File Storage
Boston
Blake2Categories
Related Topics
BlockchainA blockchain is an append-only digital ledger storing a set of time-ordered transactions grouped in blocks that are linked together using cryptographic hashes.
FilecoinFilecoin is a blockchain based storage and cryptocurrency created by Protocol Labs.
MaidSafeMaidsafe is an autonomous data network and blockchain based storage platform.
CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.
Contributors
- 1
Dawson Sewell
Seeking to explain science and technology through simple writing. - 2
Michael Naval
Knowledge seeker - 3
Alex Dean
Masters in Biostatistics/Epidemiology @ UC Berkeley | BA in Biology @ Wesleyan University - 4
Sumon Sadhu
CEO & Co-founder Muse.ai / Angel Investor. Formerly Founding Team @Quid, and YC W'08 Alum. Studied at Oxford/Imperial. - 5
Melanie Manipula
Researcher, writer and a former librarian - 6
Jed Christiansen
Special Projects & Business Development at Golden, Founder - Seed-DB. - 7
Daniel Frumkin
Mechanical engineering, cryptocurrencies, AI, and travel. - 8
Jude Gomila
Founder and CEO of Golden, Entrepreneur. Previously Co Founder of Heyzap. Investor in 100+ companies. Cantabrigian (Gonville and Caius).
