Crypti Foundation Announces Sia as Official Decentralized Cloud Storage Partner

Crypti Foundation Announces Sia as Official Decentralized Cloud Storage Partner

The Crypti Foundation, the team behind the next generation crypto-currency Crypti, today announced an official partnership with Sia, the decentralized blockchain based cloud storage platform.

Last week, the Crypti Foundation unveiled its first video preview of their forthcoming decentralized application (Dapp) platform which aims to provide thousands of Node.js developers with a full stack (consensus, hosting, storage and computing) solution for launching decentralized applications onto the blockchain.

Viewers paying close attention to the video would have quickly noticed Sia, the decentralized cloud storage platform, being used as a storage solution for Crypti’s first ever decentralized application: “Encrypti”.

The Crypti Foundation’s Community Manager, Max Kordek said:

“Using Sia as a cloud storage solution was an easy decision. They have a very well developed and easy to integrate system that goes hand-in-hand with what Crypti is all about; putting the user and user experience first.”

Kordek added:

“We are very optimistic that once people get their hands on the system and start integrating with Sia they will be pleasantly surprised at just how easy it really is.”

Building upon their initial success, Sia and the Crypti Foundation have decided to form a premium partnership between the two blockchain 2.0 based projects that would make Sia a primary solution for cloud storage on the Crypti Dapp platform.

Sia’s Project Founder, David Vorick said:

“We are very happy to announce this official partnership. Crypti provides a full stack solution for deploying truly decentralized applications onto the blockchain, while also providing an excellent user experience for anyone looking to make safe and easy transactions within seconds.”

Vorick added:

“For the progressive startup looking for the perfect platform on which to launch their first Dapp, Crypti along with Sia should be seen as their number one choice.”

About Crypti

Crypti is a blockchain 2.0 technology dedicated to allowing fast, easy, and cost effective deployment of decentralized applications (Dapps). By utilizing Node.js and incorporating consensus, hosting, storage, and compute modules into the core technology, along with a custom built decentralized application store, Crypti is able to provide a complete solution for the entire Dapp development cycle.

Crypti: https://crypti.me/

About Sia

Sia is a new blockchain based decentralized storage platform that allows users all over the world to contribute available storage space from their computers to form a decentralized network.

Using “siacoins” as the Sia network’s own currency. Users can rent storage from hosts on the network. This is accomplished via "smart" storage contracts stored on the Sia blockchain, which  provide a payment to the host only after the host has kept a file for a given amount of time. If the host loses the file, the host does not get paid.

The distributed nature of the Sia network enables many optimizations in latency, throughput, reliability, and security. Furthermore, the decentralized nature of the Sia network enables anyone with storage to earn revenue, lowering the barrier to entry and reducing the overall price of cloud storage.

Siacoin: http://siacoin.com/


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