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RE: STORJ - Decentralized Cloud Storage on the Ethereum Network
Siacoin will have difficulty scaling using there own platform is built from the ground up, current network size is 215 TB vs 8 PB in Storj with little restricitons on growth using Ethereum.
Yes Siacoin is more specilized and is targeted towards enterpise use rathar than consumers.
The security of the network in Storj i think is the best point.
With Siacoin the ease of development on platform with anyone able to contribute.
Yeah I guess there are subtle differences. And there is probably room for both, just like how there is room for more than 1 in the current cloud storage scene.
What bothers me is when crypto's choose terrible names. Siacoin is one of them, IMO. A name like Storj is not awesome, but a lot better and has a certain vibe that the internet community likes. I wish Siacoin would have chosen a better brand name. I think it matters a lot in today's world.
I am holding on to my tiny amount of Siacoin (only $50 or so) just for the fun of it. I expect good gains but nothing huuuuuge. Not like Ethereum, NEO, etc., it just doesn't have that potential. That's why I mainly stick my large investments into projects that do have that potential, and keep a small assortment of coins like SC mostly for fun. I noticed that at some point, collecting different kinds of crypto almost becomes like a hobby too! That's why I have 4000 Dogecoins too! Just have to have some Dogecoins! It is my donation, to give value to Doge, by hodling them and not selling!