Cryptography has unleashed the latent power of the Internet by enabling interactions between mutually-distrusting parties. Sia harnesses this power to create a trustless cloud storage marketplace, allowing buyers and sellers to transact directly. There are no intermediaries, no borders, no vendor lock-in, no spying, no throttling, no walled gardens.

Sia encrypts and distributes all files across a decentralized network unlike traditional cloud storage providers. No third party controls access to the files. They are distributed and stored as redundant file segments on nodes across the globe, eliminating any single point of failure and achieving uptime and throughput that no centralized provider can compete with. On average, Sia's decentralized cloud storage costs 90% less than incumbent cloud storage providers which can be verified from the status information page. The Sia software is completely open source which allows anybody to contribute to the projects thriving community and build innovative applications on top of it.

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