Cloud Storage Platform Sia Launches Decentralized CDN, Skynet, For File Sharing

Nebulous has launched the Skynet platform for enabling low-cost and high-speed file sharing and content distribution.

It should be noted that developers at Nebulous have also created the Sia decentralized cloud storage network. The Sia network was established back in 2015 and offers decentralized storage. David Vorick, Nebulous’ CEO says the Sia network has somewhere between 1,000 and 2,000 users who have stored more than 4 petabytes of data in more than 1 million storage smart contracts.

Skynet Is Built on the Sia Network

The Skynet file-sharing platform is built on the Sia network. It allows users to upload data and to share the URL that’s generated with anyone else. The file can be accessed by end-users without full nodes having to be run. Instead of centralized solutions such as Amazon Web Services, decentralized app (dapp) developers can use Sia to be their storage layer. Here’s how Vorick explains the system:

“Anyone can run a server that allows them to touch the link. It’s not like Amazon’s cloud or Apple’s cloud, and the person who uploaded the file doesn’t need to seed the file. What it means is that you have this substrate for data where so long as a single person thinks that a file has a right to exist, that file is available to the entire world.”

The Platform Doesn’t Have the Final Say

Different from centralized solutions, in the decentralized ones, the platform doesn’t have the final say on whether the content should be published or not. Vorick says Skynet is also more rapid and less costly, as users pay about $5 per month for each terabyte of stored data, much less than what Amazon charges. When it comes to speed, the downloads from Skynet are at 1 gigabit per second.

Integration with Skynet to be Made Easier

Moving ahead, Nebulous wants to help developers integrate with Skynet more rapidly and effortlessly for them to start building apps. At the moment, the development kit supports the Python, Go and Nodejs programming languages, allowing users to make uploads and downloads. However, the team is working on more features. Nebulous recently came to a resolution with the US Securities and Exchange Commission (SEC) to pay about $225,000 in disgorgement and penalties for conducting securities sales in 2014 and 2015.

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Oana Ularu
Oana Ularu
Curious about what’s going on with all the money in the world, Oana is bringing you the latest news in the crypto world. She’s aware of the fact that you need to know everything that’s happening on the financial scene in order to play the cryptocurrency market, so you can count on her to share with you every little detail on what matters.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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