Transcription of Sia: Simple Decentralized Storage
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Sia: Simple Decentralized StorageDavid VorickNebulous ChampineNebulous 29, 2014 AbstractThe authors introduce Sia, a platform for decentral-ized Storage . Sia enables the formation of Storage con-tracts between peers. Contracts are agreements be-tween a Storage provider and their client, definingwhat data will be stored and at what price. Theyrequire the Storage provider to prove, at regular in-tervals, that they are still storing their client s are stored in a blockchain, making thempublicly auditable.
Nov 29, 2014 · Sia is a decentralized cloud storage platform that in-tends to compete with existing storage solutions, at both the P2P and enterprise level. Instead of renting storage from a centralized provider, peers on Sia rent storage from each other. Sia itself stores only the stor-age contracts formed between parties, de ning the terms of their arrangement.
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