Siacoin (SC) vs Wanchain (WAN) Comparison

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On this page, you can compare Siacoin (SC) with Wanchain (WAN). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.

Company

User rating

4.3 / 5 3 user reviews 4.7 / 5 3 user reviews

Cryptogeek rating

4 / 5 4.2 / 5

Trust Score

How it works
4.18 / 5 4.31 / 5

About

Siacoin is a utility token of the cloud storage platform called the Sia network. Sia is open-source and blockchain-based. The operations take place on Sia's own blockchain. The coin is used to pay for storage rent transactions. The coin is Proof-of-Work-based meaning that Siacoin can be mined. Another use for the coin is trading. 
Wanchain is a blockchain-based distributed superfinance marketplace. This is the definition that the developers whitepaper suggests. It is noteworthy that this loud name hides a really interesting filling. The Wanchain platform allows you to exchange digital assets between other blockchains. It uses the latest cryptographic theories to build a non-proprietary cross-chain and distributed ledger protocol that records both cross-chain and internal transactions.

Type

coin coin

Founding Date

2015 2019

Country

International USA

Languages

No data No data

Team

Public Public

Protocol

Public blockchain No data

Current price (USD)

0.0055 0.2274

All-time high (USD)

0.1117 9.9200

Price change (24h)

-2.87 -0.40

Volume (24h)

3866061.20509 1168256.07870

Hashrate

7110000 No data

Max Supply

No data 210000000.00000

Total supply

No data No data

Circulating Supply

57769395000.00000 198442446.85216

Transaction speed / Block time

7 No data

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

Blake2b No data

Proof type

PoW PoS

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

33098296530.00000 106152493.00000

Is trading

yes yes

Block reward

31301.000000000000 0.000000000000

Block time

600 No data
Company
User rating User rating 4.3 / 5 3 user reviews User rating 4.7 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.2 / 5
Trust Score How it works Trust Score 4.18 / 5 Trust Score 4.31 / 5
About
Siacoin is a utility token of the cloud storage platform called the Sia network. Sia is open-source and blockchain-based. The operations take place on Sia's own blockchain. The coin is used to pay for storage rent transactions. The coin is Proof-of-Work-based meaning that Siacoin can be mined. Another use for the coin is trading. 
Wanchain is a blockchain-based distributed superfinance marketplace. This is the definition that the developers whitepaper suggests. It is noteworthy that this loud name hides a really interesting filling. The Wanchain platform allows you to exchange digital assets between other blockchains. It uses the latest cryptographic theories to build a non-proprietary cross-chain and distributed ledger protocol that records both cross-chain and internal transactions.
Type Type coin Type coin
Founding Date Founding Date 2015 Founding Date 2019
Country Country International Country USA
Languages Languages No data Languages No data
Team Team Public Team Public
Protocol Protocol Public blockchain Protocol No data
Current price (USD) Current price (USD) 0.0055 Current price (USD) 0.2274
All-time high (USD) All-time high (USD) 0.1117 All-time high (USD) 9.9200
Price change (24h) Price change (24h) -2.87 Price change (24h) -0.40
Volume (24h) Volume (24h) 3866061.20509 Volume (24h) 1168256.07870
Hashrate Hashrate 7110000 Hashrate No data
Max Supply Max Supply No data Max Supply 210000000.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 57769395000.00000 Circulating Supply 198442446.85216
Transaction speed / Block time Transaction speed / Block time 7 Transaction speed / Block time No data
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability low Mining profitability low
Algorithm Algorithm Blake2b Algorithm No data
Proof type Proof type PoW Proof type PoS
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined 33098296530.00000 Total coins mined 106152493.00000
Is trading Is trading yes Is trading yes
Block reward Block reward 31301.000000000000 Block reward 0.000000000000
Block time Block time 600 Block time No data

Social

Website

sia.tech wanchain.org

Twitter

@Sia__Foundation @wanchain_org
Website Website sia.tech Website wanchain.org
Twitter Twitter @Sia__Foundation Twitter @wanchain_org

Advantages

Clean interface Allows you to rent file storage space Permits you to make money renting space to others - Distributed Ledger and Smart Contract Virtual Machine; - Ecosystem token - Wancoin (WAN); - Consensus mechanism; - Transactions on the network; - Cross-chain integration; - Cross-chain transactions.

Disadvantages

The terminal can be tricky to use Not much information on security protocols - English and Chinese localisations only

Rating

User rating User rating 4.3 / 5 3 user reviews User rating 4.7 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.2 / 5
Advantages Advantages Clean interface Allows you to rent file storage space Permits you to make money renting space to others Advantages - Distributed Ledger and Smart Contract Virtual Machine; - Ecosystem token - Wancoin (WAN); - Consensus mechanism; - Transactions on the network; - Cross-chain integration; - Cross-chain transactions.
Disadvantages Disadvantages The terminal can be tricky to use Not much information on security protocols Disadvantages - English and Chinese localisations only

Siacoin (SC) user rating is 4.3, based on 3 user reviews. Wanchain (WAN) user rating is 4.7, based on 3 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 4.18 / 5 Write review
Trust Score: 4.31 / 5 Write review
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Siacoin (SC) features

At the moment Siacoin (SC) price is 0.55. Its 24h volume is 3,866,061.20509. 24h price change is -3.87.

The circulating supply is 57,769,395,000.0.

Siacoin (SC) hash rate is 7110000. Siacoin (SC) transaction speed/block time is 7. Block reward is 31,301.0.

At the moment the number of coins mined is 33,098,296,530.0. Mining profitability is low.

Siacoin (SC) Cryptogeek user rating is 4.3, based on 3 user reviews.

Wanchain (WAN) features

Wanchain (WAN) price is 0.2274. Its 24h volume is 1,168,256.787. 24h price change is 0.4.

Wanchain (WAN) max supply is 210,000,000.0. The circulating supply is 198,442,447.85216.

Block reward is 0.0.

At the moment the number of coins mined is 106,152,493.0. Mining profitability is low.

Wanchain (WAN) Cryptogeek user rating is 4.7, based on 3 user reviews.

Some basic rules

When trading cryptocurrency, you should take into account the following rules:

Keep track of emotions

Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.

Beware of hype

Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.

Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.

Don't be taken in by false news

An important lesson: do not believe the news, study the topic yourself.

Apply investments diversification strategy and risk management

Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.

  1. Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
  2. An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
  3. High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).

Lesson: never put all your eggs in one basket.

Do not store tokens on exchanges

Lesson: while tokens are stored on the exchange, do not consider them as yours.

On this page, you can compare Siacoin (SC) with Wanchain (WAN). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.