Siacoin 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.
Siacoin encrypts and distributes your files across a decentralized network. You control your private encryption keys and you own your data. No outside company or third party can access or control your files, unlike traditional cloud storage providers.
On average, Siacoin decentralized cloud storage costs 90% less than incumbent cloud storage providers. Storing 1TB of files on Sia costs about $2 per month, compared with $23 on Amazon S3. Sia distributes and stores redundant file segments on nodes across the globe, eliminating any single point of failure and ensuring uptime that rivals traditional cloud storage providers.
Best 3 Wallet For Storing Siacoin
1. Sia Cold Storage
Siacoin -cold storage is a utility that generates a seed and a collection of addresses for a Sia wallet, without the blockchain and is one of the top Siacoin wallets according to Siacoin wallets review This is useful for creating ‘cold wallets’. This is being used by many Siacoin users though it is not officially endorsed by Siacoin team.
Visit here to get started with Sia Cold Storage
Siacoin -UI is one of the best Siacoin wallets online to store your Siacoin. It’s also the only official app made by Nebulous, the developers of the Sia Storage Platform. It is available for Mac Linux and Windows OS and is one of the most secure Siacoin wallets, investors can use. It is compatible with iOS devices and is considered the best Siacoin wallet ios. You must double check the Siacoin wallet address thoroughly before sending.
Visit here to learn more about Sia UI.
3. Sia Wallet Android
This serves as an Android client for the decentralized cloud storage platform Sia and hence covered in the top Siacoin wallets list. You can receive and send Siacoin with a controllable wallet and store your files on the Sia network. Sia distributes your files across a decentralized network wherein you control your private encryption keys and your own your data. No third party or external companies can access or control your files, unlike traditional cloud storage providers.
Download Sia Wallet Android
Tips for securely storing your Decred
- Back up your data. Regardless of which wallet you choose, ensure you back it up as often as possible. This helps you to maintain security, privacy, and protection for your funds and gives you the ability to recover your holdings if anything goes wrong.
- Two-factor authentication. If two-factor authentication is available, make sure you enable it. It provides an added layer of protection to your wallet and gives you a second step to access your wallet in the event your password is compromised.
- Strong passwords. If you choose a wallet that allows you to add in a passphrase on top of a PIN code, don’t pick something obvious or frequently used. The best passphrases are long, randomly generated ones, and you should change them every few months for added security.
- Install reliable security software. Schedule routine scans and keep your antivirus software updated to better protect your devices from any sort of malware, spyware, and viruses.