nOS NOS to Siacoin SC Exchange

Crypto Pair Details: NOS to SC

nOS NOS

nOS is a virtual operating system that introduces a new, decentralized internet. On this new internet user data is safe, and it only goes where the user wants it to go. nOS solves key issues surrounding dApp development, deployment, discovery, and interaction, allowing for true adoption of decentralized applications and blockchain technology. Because applications can choose to make their back-ends fully open-source and transparent, this new implementation of the World Wide Web is defined as the Open Internet. On nOS, applications and websites can be deployed in a completely open and decentralized manner by integrating smart contracts, client-side code, and public-key cryptography. Unlike server-side backend code, smart contracts can be open for all to read, allowing users to review how their data will be transmitted before any final commitments to action. Client-side code and other frontend materials can be distributed via nOS Filesystem, a decentralized file sharing protocol that allows for secure and transparent distribution of static files. By serving both backend logic and frontend material in an open-source, decentralized manner, true transparency between user and application can be achieved. dApps that are deployed to nOS can be accessed through nOS Client, a software solution for desktop and mobile that (among other features) introduces nOS Browser. nOS Browser functions as a web browser, with the added benefit that it integrates with the nOS Protocol, a blockchain-powered web protocol that facilitates secure and open accessibility of nOS dApps. The nOS Protocol resolves domain names that exist on nOS Name Service, a blockchain-powered decentralized implementation of a Domain Name Service, and allows for dApps to register domain names which are discoverable on nOS (e.g. mydapp.neo or my-dapp.eth). The dApp Gateway is a user-friendly dApp discovery platform (or “App Store”) where rankings are decided in a completely decentralized manner via Decentralized Authority. In order to achieve the features such as the ones described above, nOS is powered by the nOS Utility Token. The nOS Utility Token employs various staking and reward utilities which are intended for developers who wish to deploy and maintain dApps on nOS, and for end-users who wish to practice governance by Decentralized Authority. nOS eliminates the need for end-users to manually exchange crypto-currencies in order to make use of various dApps. By integrating crypto-currency exchange APIs, nOS Client automatically converts primary blockchain platform currencies (e.g. NEO/GAS for NEO, ETH for Ethereum) into the required amount of application tokens that are needed to make specific transactions or invocations.

Siacoin SC

Sia is a decentralized cloud storage platform similar in concept to Dropbox and other centralized storage provider where instead of renting storage space from a centralized entity, clients rent storage space from other peers. The only difference is Sia uses blockchain to facilitate transactions Nodes provide storage to clients using the Sia blockchain as contracts. Before storing the data, the data is encrypted into many pieces and uploaded to different hosts. Siacoin is created by David Vorick and Luke Champine of Nebulous Inc. As the traditional storage platforms are higher in cost, more expensive and data is not well protected. Siacoin promises to offer secured storage transactions with smart contracts which is more affordable and reliable. Moreover, it is completely open source which means many individuals have contributed to Siacoin’s software hence there will be an active community building innovative applications on top if the Sia API. In 2018, Siacoin aims to introduce file sharing and be the go-to cloud storage platform for companies. Their goal is divided into 3 time frames which are short-term, medium-term and long-term development. Short-term development focuses on file sharing between Sia users. This allows Sia users to share files in the platform without having to take it off the cloud while increasing network utilization. Medium-term development’s goal is to enhance partnerships. This means reaching out to large companies like Netflix and Dropbox to hopefully be able to be their storage and distribution framework. Lastly, long-term development aims to expand its horizon to share files with non-Sia users and support mobile wallets.

SOURCE: COINGECKO

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