Siacoin is a platform for paying for the rental of disk space. The essence of the platform is that users provide space on their hard drives to form a decentralized network. And for this they receive a reward in Siacoin.

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. @Sia__Foundation is continuing to support more storage use.

Increased demand for storage and bandwidth resulted in a revenue increase of 15% QoQ.

A decline in usage metrics follows trends across the space, and Sia's usage moving forward will depend on devs re-entering crypto.