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Hard Fork
The Sia Foundation has announced its biggest-ever update, the V2 hardfork, extending the activation timeline to ensure everyone can transition smoothly. The upgrade will roll out in two phases: Phase 1 around June 6 and Phase 2 around July 6. Alongside this, the team highlights new improvements to renterd and hostd, aiming to bolster data security and enhance the efficiency of decentralized cloud storage.
Skynet Active MonitorReal-time monitoring of key project assets for enhanced security awareness.
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Sia operates as a decentralized cloud storage platform, utilizing blockchain technology for security. The Sia storage network taps into globally underutilized hard drive capacity, establishing a data storage marketplace that offers greater reliability and cost-effectiveness compared to traditional cloud storage providers. Sia features its own blockchain and a utility token, the Siacoin (SC).