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RE: Siacoin: the Future of Data Storage?
Yeah, but the point of it is to prevent a 51% attack where a mining point takes control of the Hash rate. You can read more about it below, this is directly from the CEO on Sia's reddit:
https://www.reddit.com/r/siacoin/comments/6jujyt/addressing_the_many_concerns_related_to_obelisk/