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about:introduction_to_sia



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about:introduction_to_sia [2017/07/29 02:39]
aerrejon [Blockchain]
about:introduction_to_sia [2017/07/29 18:27] (current)
aerrejon [Blockchain] Added an internal link
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 ==== Blockchain ==== ==== Blockchain ====
  
-Sia uses its own blockchain to store all token transactions,​ file contracts, the database of hosts and the proofs of storage hosts have to fulfill to demonstrate they are actually hosting the files. The blockchain also enforces the payments associated to the file contracts. ​+Sia uses its own blockchain to store all token transactions,​ file contracts, the database of hosts and the proofs of storage hosts have to fulfill to demonstrate they are actually hosting the files. The blockchain also enforces the payments associated to the [[about:​introduction_to_file_contracts|file contracts]]
  
 The blockchain is secured by the [[pow_vs_pos|Proof of Work]] algorithm Blake2b, being miners rewarded with newly issued Siacoins. The reward will decrease over time until it reaches 30000 Siacoin per block. This means the inflation is reducing over time in a predictable fashion. The blockchain is secured by the [[pow_vs_pos|Proof of Work]] algorithm Blake2b, being miners rewarded with newly issued Siacoins. The reward will decrease over time until it reaches 30000 Siacoin per block. This means the inflation is reducing over time in a predictable fashion.
about/introduction_to_sia.txt ยท Last modified: 2017/07/29 18:27 by aerrejon