# SC(Siacoin)

* Issue Time

  2015-06-01
* Total Supply

  51,477,015,000 SC
* Circulation

  51,477,015,000 SC
* White paper

  \--
* Website

  <http://sia.tech/>
* Block Explorer

  <https://siastats.info/>

Sia was launched in 2015 as a decentralized cloud storage market based on blockchain, Allows users to utilize unused hard disk storage space by leasing it to consumers who need data storage services. Siacoin (SC) is the native token of Sia's blockchain network and is at the heart of Sia's cryptographic network capabilities.

&#x20;Leveraging the power of decentralized blockchain networks, Sia seeks to democratize cloud storage and enhance the flexibility of cloud services, At the same time reduce the cost of the end user. Sia wants to give individuals not only exclusive control over their data, but also the ability to store it safely and autonomously without censorship. Sia's general spirit of decentralization and autonomy is no stranger to the blockchain world, but the extent to which the Sia Encryption project has applied it to data storage is noteworthy.

{% hint style="info" %}
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{% endhint %}


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