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Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
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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.
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About |
Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
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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.
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Type |
Type
coin
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Type
coin
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Founding Date |
Founding Date
2009
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Founding Date
2015
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Country |
Country
International
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Country
International
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Languages |
Languages
No data
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Languages
No data
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Team |
Team
Not Public
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Team
Public
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Protocol |
Protocol
Public blockchain
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Protocol
Public blockchain
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Current price (USD) |
Current price (USD)
63179.2372
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Current price (USD)
0.0073
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All-time high (USD) |
All-time high (USD)
20089.0000
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All-time high (USD)
0.1117
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Price change (24h) |
Price change (24h)
-1.90
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Price change (24h)
-2.89
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Volume (24h) |
Volume (24h)
1248250954.60928
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Volume (24h)
1754898.17043
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Hashrate |
Hashrate
93000000000
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Hashrate
7110000
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Max Supply |
Max Supply
21000000.00000
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Max Supply
No data
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Total supply |
Total supply
No data
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Total supply
No data
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Circulating Supply |
Circulating Supply
19690687.00000
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Circulating Supply
57049125000.00000
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Transaction speed / Block time |
Transaction speed / Block time
7
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Transaction speed / Block time
7
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Transaction fee |
Transaction fee
1
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Transaction fee
No data
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Mining profitability |
Mining profitability
low
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Mining profitability
low
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Algorithm |
Algorithm
SHA-256
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Algorithm
Blake2b
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Proof type |
Proof type
PoW
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Proof type
PoW
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Fully premined |
Fully premined
No data
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Fully premined
No data
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Smart contract address |
Smart contract address
No data
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Smart contract address
No data
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Total coins mined |
Total coins mined
18433468.00000
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Total coins mined
33098296530.00000
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Is trading |
Is trading
yes
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Is trading
yes
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Block reward |
Block reward
6.250000000000
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Block reward
31301.000000000000
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Block time |
Block time
600
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Block time
600
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User rating |
User rating
2.0 / 5
2 user review
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User rating
4.3 / 5
3 user review
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Cryptogeek rating |
Cryptogeek rating
4.2 / 5
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Cryptogeek rating
4.0 / 5
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Advantages |
Advantages
- Anonymity;
- Small commissions;
- High translation speed;
- Blockchain technology;
- The new payment method officially legalized in a number of countries.
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Advantages
Clean interface
Allows you to rent file storage space
Permits you to make money renting space to others
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Disadvantages |
Disadvantages
- Attack 51%;
- Illegality in many countries;
- Unpredictable rate.
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Disadvantages
The terminal can be tricky to use
Not much information on security protocols
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Bitcoin (BTC) user rating is 2.0, based on 2 user reviews. Siacoin (SC) user rating is 4.3, based on 3 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.