But wouldn't it be somewhat easy to implement cloud computing? Hosts already rent out unused hard drive space so wouldn't it be easy to implement a function in which a host can rent out their processing power?
I'll set up a service to buy sicaoins via paypal...
I had that thought for long, but the issue is if people are willing to trust such a service?
The intention should be buying smaller amounts NOT for speculation or investing but to get people going. Today it is a bit tedious to buy one coin and having it exchanged to SIA
However the process of having the full client running does not go away, since today this is the only way to interact with the network and is also the only proven wallet.
Sia cofounder David Vorick tells Ars that most Sia users currently use a redundancy factor of three—meaning that three bits are stored for each bit of the underlying data. But Vorick argues that customers will eventually be able to do much better, achieving very high reliability with a redundancy factor as low as 1.5. For example, a particular file might be split into 60 pieces and stored with 60 different hosts. The customer would be able to recover the file so long as at least 40 of those 60 hosts remain online.
Riddle me this: I have a Eero home router network with an iMac and WD My Cloud Home 8TB HDD. I've gone through my Eero router settings and opened the ports specified above for both the iMac/HDD. Neither our working and the Host connection is showing active at first then changing.
I would like to host on the WB My Cloud Home which is connected to my network and the SIA UI is on my iMac.