I am part of a team that have created a network system over the last 7 years (non stop, lots of work). In short this is a system that
Creates a network that's
autonomous and self-healing, allowing people to access it and store/share/publish their own data (any data, inc. communication, currency etc.) free of charge or intrusion. In addition we have tackled many issues regarding security and privacy, including:
1: Logical security of data via methods beyond encryption algorithms
2: Physical security through an autonomous network with cryptographically secure identification and no human intervention
3: The ability to log into your own data (not a server) wherever it may be.
This is done by splitting data into many chunks and distributing them far and wide as you predicted the future would bring. Essentially this allows people to walk up to any computer or phone and log into it as though it were their own computer, without any company providing servers or space as that would reduce security.
In such a system the network can keep note of a coin being spent easily, preventing the double spend problem. It also can distribute the blockchain freeing up lots of resource and allowing scale of the bitcoin network. This is a very complex network though and bootstraping is an issue that we can take care of, it would be phenomenal to have the bitcoin community help us out if that's a possibility.
This is an inquisitive email only and I have not gone into too much detail, much more is available (wit all source code etc.). We have finalised the code bar some late testing, but expect Alpha status in weeks rather than months, especially if we can get some technical early adopters to help us out (BTW this gets around the >50% problem)
www.maidsafe.net (overview video)
https://github.com/maidsafe/MaidSafe-Vault/wiki (the crux and code
)
