What does Siacoin do?
Siacoin (CRYPTO:SC) is a decentralized cloud storage marketplace where users rent storage and bandwidth from peers. It's built on a secure, peer-to-peer network with blockchain technology for transparent contracts. Siacoin aims to expand its ecosystem with applications and partners, offering decentralized exchanges, gaming platforms, and file-sharing apps. They're working to improve the protocol, making it faster, more secure, and scalable, including cross-chain support. Siacoin also focuses on user education through blog posts, tutorials, and videos, highlighting its advantages and usability.
Siacoin's objectives include becoming the top decentralized cloud storage marketplace, simplifying storage and bandwidth renting, and enabling developers to create Siacoin-based applications.