Siacoin Sucks – Here’s How To NOT Build a Cryptocurrency…

Curated Content by Dan - Coin Cerberus

January 6, 2022

 

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Siacoin Sucks – Here's How To NOT Build a Cryptocurrency… Siacoin is a cryptocurrency building a decentralized web and file storage, so cool, so useful, BUT riddled with controversy. Siacoin sucks, and here's why! Subscribe to VoskCoin – http://voskco.in/Sub Get up to $250 for FREE with BlockFi – http://voskco.in/blockfi Siacoin and their SC coin is an older cryptocurrency, it's mineable, previously with graphics cards but GPU mining was phased out with Siacoin ASIC miners, ironically Sia wanted to move to ASIC mining, so they launched a sub-company Obelisk to build and sell Siacoin ASIC miners but then Bitmain beat them to the punch with the A3 Blake2b miner but that's an old story and not even the issue today… Siacoin has literally millions of dollars worth of their SC token to invest in their community, hire development, support content creators and pay for crypto marketing, but instead they are likely just going to burn the coins. Imagine hiring a marketing agency, sending them millions of dollars, and then they decide eh, we will just throw this away, thanks, good luck! Well that's why Siacoin SC sucks, but here's the full story. Have an opinion? Voice it on their subreddit HERE! https://www.reddit.com/r/siacoin/comments/rs9g18/sia_foundation_2021_burn_update/ Links!
Learn more about Syscoin – https://voskco.in/674bf4
Nervos Network CKB DeFi NFTs and mineable! https://voskco.in/Nervos
Learn more about Veono – https://voskco.in/08f838
Have a Grand Time with GrandTime?! https://voskco.in/xqy
Here's the original Siacoin Foundation burn thread – https://www.reddit.com/r/siacoin/comments/rrdfow/sia_foundation_2021_burn/
Siacoin subreddit – https://www.reddit.com/r/siacoin/
Siacoin SC official website – https://sia.tech/
Best Bitcoin miner in stock you can buy right now – https://voskco.in/s19j
Buy a used Bitcoin miner here – http://voskco.in/eBayS9
Helium hotspot miners are the best mining rigs to buy – https://www.youtube.com/watch?v=9mYWcUJHUYU
This is the best mining rig you can buy right now – https://voskco.in/b300 ⏰ Timestamps ⏰
00:00 What happened with Siacoin?
01:51 Siacoin a cool mission but no future?
04:19 Are token burns counterproductive?
06:00 Grand Time
06:34 Proof of work coins not innovative enough?
07:52 Backlash in the Siacoin community because of the burn
10:43 Dumping your SC into BTC?
12:11 Decentralised storage is a good concept
13:23 The Siacoin foundation reacting to the backlash
14:50 Syscoin
16:42 What should Siacoin do with the funds instead of burning?
19:29 Veono VoskCoinTalk the VoskCoin forum – http://voskco.in/forum
VoskCoin Facebook – https://www.facebook.com/VoskCoin/
VoskCoin Reddit – https://www.reddit.com/r/voskcoin/
VoskCoin Discord Server Invite – http://voskco.in/discord
VoskCoin Twitter – https://twitter.com/VoskCoin
VoskCoin Instagram – https://www.instagram.com/voskcoin/ VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.
#Cryptocurrency​ #Bitcoin​ #VoskCoin​ #BTC​ #Mining​ #miningfarm​ #filecoin​ #passiveincome​ #sc​ #miningrig​ #miner​ #crypto​ #doge #dogecoin #siacoin​ Video Source https://www.youtube.com/watch?v=m4VKG9KCfPI

Crypto Currency Resources & Recommended Products

The following lists are tools and resources that I put together to help anyone that is interested in crypto get a head start. It can be quite daunting when you first get into cryptocurrencies. There is some much information out there and some much uncertainty.

Disclaimer This new crypto movement is an economic revolution. While it may be an exciting time to get started with crypto currencies, this digital gold rush has a plethora of bad information out there. The recommended products below are based on my own experience with my own personal use of these products.

Disclaimer: I am not a finical advisory. I do earn a small commission if you choose to purchase any of the recommended products below. Please make sure that you do your research before you purchase any Cryptocurrencies related products or services.

Coinbase

Crypto Currency Wallet & Coin Exchange

Coinbase is one of the worlds leading cryptocurrency wallets. It also gives people the option to purchase and trade digital currencies like that of Bitcoin, Bitcoin Cash, Ethereum Classic, Ethereum and Litecoin.

Coinbase popularity stems from its ease of entry and exit from the cryptocurrency world. It's pretty quick to get set up and start investing in digital currencies. Get $10 FREE Bitcoin {BTC} when you spend $100 with our referral link.


Click Here To Watch A Tutorial Guide On How To Use Coinbase

Make Money Online

 Cash Network & Affiliate Training

Trust me here… If you’re like many Internet marketers, you can’t help drooling when you peruse the famous (and quite addictive) ClickBank marketplace.

From just the front page of the
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Check out the video to learn more...


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I cannot risk something like this getting out to the public. At least not this early… Follow the link below to finally realize what it feels like to have control. Feel your dreams come to life! 


Don’t believe me? See for yourself.  If you don’t act quickly, I’ll have to pass this along to someone else who is willing to create a better life for themselves.


I have a feeling you’re going to love this :)

binance

Cryptocurrency Exchange

Binance is one of the worlds fastest growing cryptocurrency exchanges. Because of its trading volume and the number of altcoins it trades it will be one of the worlds biggest crypto exchanges in the world.

While Coinbase is still the easiest way to get into cryptocurrencies, Binance trades a lot more Altcoins compared to that of Coinbase. If you want to purchase Altcoins like Cardano ADA, Ripple XRP, Steller Lumens, TRON, Dash and Monero then Binance is your first port of call. 


In order to trade here, you must hold some cryptocurrencies first. So it's best to purchase some Ether or Litecoin from Coinbase and transfer it too Binance.

Click Here Watch A Tutorial Guide On How To Use Binance.

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Ledger-Nano-Wallet

Cryptocurrency Hardware Wallets

One of the most popular Hardware Cryptocurrency wallets is that of

Ledger Nano S. The Ledger hardware wallet provides a secure offline solution for cryptocurrency traders to store their digital data. 


Commonly knowns private keys the Ledger hardware wallet gives users a multi cryptocurrency offline storage solution. Because of essential, these hardware wallets are similar to that of a USB key, it provides security by hosting the private keys offline making them difficult for hackers to access your cryptocurrencies.


It hosts some of the more common crypto coins but also some fewer know Altcoins Bitcoin Gold, Ark, Bitcoin, Bitcoin Cash, Digibyte, Dash Dogecoin and Ether.

Watch A Video Guide On How To Use The Ledger Nano S 

Exodus

Digital Crypto Currency Wallet 

The Exodus Wallet is desktop cryptocurrency storage solution. It can be used with Mac and PC which has compatibility with a popular cryptocurrency exchange called Shapeshit. Which gives the user the ability to trade cryptocurrency with in the Exodus Wallet.  This feature alone makes the Exodus wallet a very popular choice with beginner crypto traders.


The interface is very intuitive making it very easy to understand and use for anyone that's starting out with investing in cryptocurrencies. The Exodus Wallet is one of the most popular lite wallets, even with a number of crypto storage assets, it doesn't require your system to download the complete blockchain.


While the Exodus Wallet is free to download and a very secure piece of software, please note that it does take between 1-3% fee with the exchange of cryptocurrencies. Click Here To Watch Walk Through Video On The Exodus Wallet.

Brave-Browser

Cryptocurrency Browser

The Brave Browser is just like most web browsers, it allows you to surf the web, find videos, websites and allows you to download content from the web. But with a few difference with it's set up compared to that of Google Chrome. It was set up by the same creators as that of Mozilla, basing their software on open source code similar to that of Google Chrome.

Brave has in built ad blocking technology to stop intrusive ads. It also integrates with the cryptocurrency Basic Attention Token {BAT} to pay users for their attention for displaying less intrusive ads.


Brave keeps 15% of the less intrusive ads, giving content publishers 55% per cent which is good for bloggers and vloggers, last but not lease even users of the Brave browser will receive 15% off the revenue. It also gives users the option to donate BAT to content creators or sites they love.


One of the striking features of the Brave Browsers is that it removes a ton of tracking pixels which cause websites to load slower. This gives you a much faster experience when visiting websites online


Tags

altcoin mining, bitcoin mining, crypto mining, mining cryptocurrency


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