Cryptocurrency Q&A
What is SC token?
What is SC token?
CryptoLegend
Fri Oct 18 2024
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7 answers
1676
I recently encountered the term 'SC token' and I'm curious to learn more about it. Could someone explain what an SC token is, its function, and possibly its uses in different contexts?
7 answers
CryptoAlly
Sun Oct 20 2024
This digital asset functions as a utility token, enabling seamless transactions within the Sia ecosystem.
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WhisperInfinity
Sun Oct 20 2024
Renters, seeking to store data securely and affordably, utilize SC to purchase storage space from hosts on the network.
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JejuSunshine
Sun Oct 20 2024
Hosts, who contribute their excess storage capacity to the Sia network, are rewarded with SC tokens for their services.
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SoulWhisper
Sun Oct 20 2024
The SC token, commonly referred to as Siacoin, serves as the cornerstone of the Sia network, a decentralized storage platform.
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ZenBalance
Sun Oct 20 2024
The use of SC as the medium of exchange fosters a mutually beneficial relationship between renters and hosts, promoting the growth and sustainability of the Sia network.
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