Bitcoin (BTC) vs Siacoin (SC) Comparison

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Company

User rating

2.0 / 5 2 user review 4.3 / 5 3 user review

Cryptogeek rating

4.2 / 5 4.0 / 5

Trust Score

How it works
3.74 / 5 4.18 / 5

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.
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. 

Type

coin coin

Founding Date

2009 2015

Country

International International

Languages

No data No data

Team

Not Public Public

Protocol

Public blockchain Public blockchain

Current price (USD)

63179.2372 0.0073

All-time high (USD)

20089.0000 0.1117

Price change (24h)

-1.90 -2.89

Volume (24h)

1248250954.60928 1754898.17043

Hashrate

93000000000 7110000

Max Supply

21000000.00000 No data

Total supply

No data No data

Circulating Supply

19690687.00000 57049125000.00000

Transaction speed / Block time

7 7

Transaction fee

1 No data

Mining profitability

No data No data

Algorithm

SHA-256 Blake2b

Proof type

PoW PoW

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

18433468.00000 33098296530.00000

Is trading

yes yes

Block reward

6.250000000000 31301.000000000000

Block time

600 600
Company
User rating User rating 2.0 / 5 2 user review User rating 4.3 / 5 3 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4.0 / 5
Trust Score How it works Trust Score 3.74 / 5 Trust Score 4.18 / 5
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.
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. 
Type Type coin Type coin
Founding Date Founding Date 2009 Founding Date 2015
Country Country International Country International
Languages Languages No data Languages No data
Team Team Not Public Team Public
Protocol Protocol Public blockchain Protocol Public blockchain
Current price (USD) Current price (USD) 63179.2372 Current price (USD) 0.0073
All-time high (USD) All-time high (USD) 20089.0000 All-time high (USD) 0.1117
Price change (24h) Price change (24h) -1.90 Price change (24h) -2.89
Volume (24h) Volume (24h) 1248250954.60928 Volume (24h) 1754898.17043
Hashrate Hashrate 93000000000 Hashrate 7110000
Max Supply Max Supply 21000000.00000 Max Supply No data
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 19690687.00000 Circulating Supply 57049125000.00000
Transaction speed / Block time Transaction speed / Block time 7 Transaction speed / Block time 7
Transaction fee Transaction fee 1 Transaction fee No data
Mining profitability Mining profitability low Mining profitability low
Algorithm Algorithm SHA-256 Algorithm Blake2b
Proof type Proof type PoW Proof type PoW
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 18433468.00000 Total coins mined 33098296530.00000
Is trading Is trading yes Is trading yes
Block reward Block reward 6.250000000000 Block reward 31301.000000000000
Block time Block time 600 Block time 600

Social

Website

bitcoin.org sia.tech

Twitter

No data @Sia__Foundation
Website Website bitcoin.org Website sia.tech
Twitter Twitter No data Twitter @Sia__Foundation

Advantages

- Anonymity; - Small commissions; - High translation speed; - Blockchain technology; - The new payment method officially legalized in a number of countries. Clean interface Allows you to rent file storage space Permits you to make money renting space to others

Disadvantages

- Attack 51%; - Illegality in many countries; - Unpredictable rate. The terminal can be tricky to use Not much information on security protocols

Rating

User rating User rating 2.0 / 5 2 user review User rating 4.3 / 5 3 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4.0 / 5
Advantages Advantages - Anonymity; - Small commissions; - High translation speed; - Blockchain technology; - The new payment method officially legalized in a number of countries. Advantages Clean interface Allows you to rent file storage space Permits you to make money renting space to others
Disadvantages Disadvantages - Attack 51%; - Illegality in many countries; - Unpredictable rate. Disadvantages The terminal can be tricky to use Not much information on security protocols

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.

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
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