Siacoin (SC) IDR Price
sc Market stats
About Siacoin
Siacoin Price Data
Siacoin (SC) currently has a price of Rp27.77 and is down -7.059% over the last 24 hours. The cryptocurrency is ranked 456 with a market cap of Rp1.6T. Over the last 24 hours, it saw Rp56.6B of trading volume. The token has a circulating supply of 56B tokens out of a total supply of 62B tokens.
Siacoin (SC) is a decentralized cryptocurrency that powers the Sia network, a blockchain-based storage platform. It provides secure and private data storage at lower costs compared to traditional cloud storage providers. SC operates on a proof-of-work consensus algorithm, ensuring secure and transparent transactions. Sia employs a network of storage providers who offer their unused hard drive space in exchange for SC, allowing users to rent storage at competitive prices while maintaining data encryption and decentralization. Additionally, Siacoin supports smart contracts for storage contracts.
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