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Author Topic: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet  (Read 533056 times)
schnötzel
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March 04, 2017, 10:08:01 PM
 #2361

not to say anything but that projects is for cloud OTC and MAID is the new http (internet) a little difference


He doesn´t care  Cheesy  promo is promo


     
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March 05, 2017, 08:11:54 PM
 #2362

Thanks Zeeman for your explanation.
Please, can you write us approx. how much you earn when farming?
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March 06, 2017, 09:33:23 AM
 #2363

Thanks Zeeman for your explanation.
Please, can you write us approx. how much you earn when farming?

Every group is responsible for all chunks in the address-range of that group. Say group AC is responsible for all data from AAA to CCC (on the network it's actually 512 bit, so extremely big address-range).
I suspect that the percentage of the data of your group that you store in your Vault will be part of the calculation. It's 100% when you keep all the group's chunks alive and ready for delivering.

Another thing is "Node Ageing". The network doesn't really trust you when you just joined as a Vault. So you start with "age 1" and when some full node disconnects from the group you are moved to the next group
as well. Now you age is 2. That group will forward you to a new group when 2 full nodes disconnect. So slowly you are hopping from group to group as your age grows. In all groups you need to do work, so deliver chunks out of cache, route data. And with low age you won't earn Safecoin for it. It's probably somewhere with age 3 or 4 that you start to earn some coins. And the idea is that you make more when your Vault becomes "older". So it pays to keep you node online for several days instead of several hours.

Then there's another issue Cheesy: What if your Vault has a high age and stores all the chunks. You could be payed 1 Safecoin per TB of data. But now the price of Safecoin goes to the moon, this means thousands and thousands of new nodes will come online and Farming would go out of hand. There's a solution for that as well. It's called the Farming Reward (FR). The network will always try to keep around 30% of free space. So if thousands and thousands of Vaults come online, and we have 60% of free data instead of 30% the FR will go down like a maniac. I guess they'll make the Farming algo's very quick to respond. So if there's 5% to much storage on the network, the FR will drop with 5% immediately.

So what's Farming gonna pay you??? It's probably a calculation with Node Age, FR, percentage of the groupsdata you store etc.

I guess the calculation can be easily made when the network is live. Your Vault will tell you what the average free space is. And with that info and the price of Safecoin you can calculate what a Vault with some higher age can make on a day. The brilliant thing is that the network doesn't care about the price of Safecoin in a direct way. If Safecoin rises 23% in 24H a lot of new people will start a Vault. The network picks up there's too much storage and the FR will go down immediately. Same the other way around; when there's not enough storage in the network the FR will go up aggressively. Just to make sure there will always be Farmers around.

We will all test this with test_farming and test_Safecoin. It will make all these details clear. Here's a reply by David Irvine

https://forum.safedev.org/t/rfc-45-node-ageing/157/7



    

    
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March 07, 2017, 03:27:32 AM
 #2364

Did you saw BitMark Storage: https://melvincarvalho.gitbooks.io/bitmark-storage/

It may be the Killer.


Maidsafe has many killer apps, their concepts and ideas are the most innovative ones, but the implementations on the software is extremely difficult. You know decentralized network is like an utopian dream, they have already spent 12 years on it. Still in Alpha release. I have to wait more patiently.

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magaura
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March 09, 2017, 12:36:40 AM
 #2365

1D oversold.. it could be a huge long entry now.. for short term for sure.. but maybe for the next big bubble.. Wink

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March 09, 2017, 01:25:22 AM
 #2366

dad, we there yet? Huh
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March 09, 2017, 01:27:50 AM
 #2367

MAID is going to 8000 again, we reached that part of the year when DEVS will sell another 5million coins like last year to fund the team and development


BYE BYE MAID Undecided Cry Cry Undecided
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March 09, 2017, 01:47:45 AM
 #2368

MAID is going to 8000 again, we reached that part of the year when DEVS will sell another 5million coins like last year to fund the team and development


BYE BYE MAID Undecided Cry Cry Undecided

According to previous pump and dump graph, Maid went up to 20k sat, 15k sat for many times, and every time it dumped to 7-8k sat. You are right, I am confident the price will go down to 8k again.

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zeeman
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March 09, 2017, 09:29:35 AM
 #2369



Big thanks from Maidsafe's leading dev and CEO. It took about a day or 4 for a bug to show up in TEST 12c. This is what Maidsafe does, they test locally, next they test with community and when bugs pop up they fix them. Here's a great read for people that want to know the exact details of this bug:

https://github.com/maidsafe/crust/pull/825/commits/a578096e697cb51537af210b5f5131838db59b28


There will be a new dev update today, I'll post it later on.

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March 09, 2017, 09:56:22 AM
 #2370



Big thanks from Maidsafe's leading dev and CEO. It took about a day or 4 for a bug to show up in TEST 12c. This is what Maidsafe does, they test locally, next they test with community and when bugs pop up they fix them. Here's a great read for people that want to know the exact details of this bug:

https://github.com/maidsafe/crust/pull/825/commits/a578096e697cb51537af210b5f5131838db59b28


There will be a new dev update today, I'll post it later on.



Maidsafe is giving us surprise in every alpha test, from last year to this year, and it is still alpha. Sometimes I can't hold the tokens any more, waiting for the final release is painful. Will it be released in 2020?

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zeeman
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March 09, 2017, 10:10:23 AM
 #2371

g]

Big thanks from Maidsafe's leading dev and CEO. It took about a day or 4 for a bug to show up in TEST 12c. This is what Maidsafe does, they test locally, next they test with community and when bugs pop up they fix them. Here's a great read for people that want to know the exact details of this bug:

https://github.com/maidsafe/crust/pull/825/commits/a578096e697cb51537af210b5f5131838db59b28


There will be a new dev update today, I'll post it later on.



Maidsafe is giving us surprise in every alpha test, from last year to this year, and it is still alpha. Sometimes I can't hold the tokens any more, waiting for the final release is painful. Will it be released in 2020?

Way before that, we'll see a little update to TEST 12 with bugs removed and hopefully then we're good for Alpha 2. Routing is extremely important, if they allow people to run a Vault from home with Alpha 2 they need to test it to the max first. It takes time, but it's worth it. 
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March 09, 2017, 11:53:39 AM
 #2372

They have gone on for 13 years how can anyone take this as a serious business? They are making 4.2 billion coins. It should not take that long. Tor didn't take long to make a anon internet. All you have to do is try out the alpha its not user friendly imo at all.
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March 09, 2017, 12:38:55 PM
 #2373

They have gone on for 13 years how can anyone take this as a serious business? They are making 4.2 billion coins. It should not take that long. Tor didn't take long to make a anon internet. All you have to do is try out the alpha its not user friendly imo at all.

"They" won't make any coins, that's not how the system works. Coding in Rust started in 2015 (even though the company is 11 years old and did a lot of R&D) and brought us 11 testnets with working code in 2016. TOR hops you from 1 proxy to the other to bring you a website on the current www-internet. SAFE won't connect you to the current www. It has it's own websites and own DNS. It won't have centralized servers as well. Alpha 1 currently works with a "Launcher"  and "Demo_app". Next iterations will use just 1 browser. That will be way more user friendly. But feel free not to like the project, no one can force you. I rather have a well tested working system instead of a buggy one. Soon 170 students from Glasgow university will start to code for SAFE as an assignment. SAFE will show its capabilities when we have more apps and "mutable data" implemented (it actually is implemented, still work on the API though). From that moment on we'll have coins and wallets etc.

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March 09, 2017, 12:47:24 PM
 #2374

I'vemmissed the exit at 21k and now I'm a bagholder... Damn
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March 09, 2017, 02:53:34 PM
 #2375

I'vemmissed the exit at 21k and now I'm a bagholder... Damn
and at what price u opened your long?

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March 09, 2017, 08:21:07 PM
 #2376



Very big update with info on the coming iterations including Alpha 2 and 3 and a road towards Safecoin.

https://safenetforum.org/t/maidsafe-dev-update-march-9-2017/12774


Enjoy!@!
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March 09, 2017, 08:55:45 PM
 #2377



Very big update with info on the coming iterations including Alpha 2 and 3 and a road towards Safecoin.

https://safenetforum.org/t/maidsafe-dev-update-march-9-2017/12774


Enjoy!@!

Congratulations! It is very big news to show everyone that MaidSafe actually works and it is not a dream. Welcome, decentralized internet!

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March 09, 2017, 09:52:45 PM
 #2378

Cheers!!!

very nice to see this, in the rigth way!!!!!  Grin Grin Grin

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March 12, 2017, 02:38:21 AM
 #2379

If bitcoin should have a hard fork or something major what happens to any maidsafe on omniwallet???
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March 12, 2017, 02:53:02 AM
 #2380

The sellers don't have exactly the biggest stash...?

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