ManhattanBeachCapital

SC - breakout coming?

Long
KRAKEN:SCUSD   Siacoin
Maybe, is T2 finally recovering?

A little about SC...

Sia is the leading decentralized cloud storage platform. No signups, no servers, no trusted third parties. Sia leverages blockchain technology to create a data storage marketplace that is more robust and more affordable than traditional cloud storage providers.

Distributed storage will be a key component to a fault-tolerant blockchain ecosystem. Sia is the only fully-decentralized product in this space with a thoughtful design and clear product path.

Siacoin scores another HUGE feather in their cap with an experienced advisor: James Prestwich a founder at Summa, a blockchain interoperability and cross-chain communication company. Formerly, he was a founder at Storj; an open-source project building decentralized, secure, and efficient cloud storage service.

Unlike other cryptocurrencies that require proof of work or proof of stake, Sia implements proof of storage to protect clients from fraudulent or malicious providers.

Sia’s investors include Raptor, First Star Ventures, Fenbushi Capital, and INBlockchain.

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