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David Vorick

David Vorick

David Vorick

Co-founder, Sia

Biography

Founded in late 2014 by David Vorick and Luke Champine, Sia is a variant on the Bitcoin protocol that enables decentralized file storage via cryptographic contracts. These contracts can be used to enforce storage agreements between clients and hosts. After agreeing to store a file, a host must regularly submit storage proofs to the network. The host will automatically be compensated for storing the file regardless of the behavior of the client.


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