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Author Topic: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet  (Read 530441 times)
Arvydas77
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May 14, 2017, 10:37:28 AM
 #2521

Why aren't more people active on this coin, I feel like its a hidden gem!

Because it's been a looooooooong time. Most people in crypto have no patience.

valid point... I like the potential for adoption, which is arguably the most important piece in crypto imo. BitCoin is sorta taking on a new level because it has become an investment vehicle, at this point people will not be using it for transactions, in the same way people don't use gold for transactions, although theoretically that could still happen.

Maid can go up significantly, but not now, because they still in alpha test. Price will go up when beta test is up.

Price of MAID isn't cheap and it is worth ~0.34-35 cents. We cannot complain about it while everything is in Alpha testing.   

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May 14, 2017, 05:33:59 PM
 #2522

Why aren't more people active on this coin, I feel like its a hidden gem!

Because it's been a looooooooong time. Most people in crypto have no patience.

valid point... I like the potential for adoption, which is arguably the most important piece in crypto imo. BitCoin is sorta taking on a new level because it has become an investment vehicle, at this point people will not be using it for transactions, in the same way people don't use gold for transactions, although theoretically that could still happen.

Maid can go up significantly, but not now, because they still in alpha test. Price will go up when beta test is up.

Price of MAID isn't cheap and it is worth ~0.34-35 cents. We cannot complain about it while everything is in Alpha testing.   

I don't think anybody is complaining! Just making conversation!

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May 15, 2017, 02:35:08 PM
 #2523

Who's trying to aggressively sell 5m of maid on poloniex?
This is MM plays) Huge pump is coming, because MM will not hold all his MAID just because.

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May 15, 2017, 05:03:51 PM
 #2524

Who's trying to aggressively sell 5m of maid on poloniex?
This is MM plays) Huge pump is coming, because MM will not hold all his MAID just because.

Who or what is MM? is this like SWIM?

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May 16, 2017, 03:23:50 AM
 #2525



As per my knowledge, Maidsafe is about to witness 40%+ increase of price in coming days (probably within a week).

Recently there was nice volume (considerably highest for past 30 days), which means someone or some group have accumulated enough of MAIDSAFE.

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May 16, 2017, 03:47:23 AM
 #2526



As per my knowledge, Maidsafe is about to witness 40%+ increase of price in coming days (probably within a week).

Recently there was nice volume (considerably highest for past 30 days), which means someone or some group have accumulated enough of MAIDSAFE.
So the price will increase continue?
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May 16, 2017, 04:16:33 AM
 #2527

It finally bounced. There was a gay whale kept dumping like there's no tomorrow.


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Anduril_FotW
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May 17, 2017, 01:53:28 PM
 #2528

It finally bounced. There was a gay whale kept dumping like there's no tomorrow.

Yep, whale's been playing with MAID for months now. Price keeps wanting to rocket and then the whale starts selling. Really get the idea that it will rocket like XRP or LTC after the whale lets go of the brake. They will probably time it together with some big news event. Maybe the Alpha release ?

"The Blade that was Broken shines again!"
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May 17, 2017, 06:19:35 PM
 #2529

It finally bounced. There was a gay whale kept dumping like there's no tomorrow.

Yep, whale's been playing with MAID for months now. Price keeps wanting to rocket and then the whale starts selling. Really get the idea that it will rocket like XRP or LTC after the whale lets go of the brake. They will probably time it together with some big news event. Maybe the Alpha release ?

So when will the Alpha release? He is trying to kill the rally again.


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May 18, 2017, 11:26:11 AM
 #2530

Hello,

I'm not an expert i bought some maid. Somebody can explain me why on maidsafe.net we have this :  Only 4.3 billion coins will ever be in circulation at one time and each will have its own unique identity. Safecoins will be recycled when users exchange them for network services, ensuring there is always a supply for users to earn.

for instance we have this number of coin on CryptoCurrency Market Capitalizations  Circulating Supply
452,552,412 MAID *.   * Not Mineable

With 4.3 billions coins how it will be capitalized.

Regards,
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May 18, 2017, 01:42:50 PM
 #2531

Hello,

I'm not an expert i bought some maid. Somebody can explain me why on maidsafe.net we have this :  Only 4.3 billion coins will ever be in circulation at one time and each will have its own unique identity. Safecoins will be recycled when users exchange them for network services, ensuring there is always a supply for users to earn.

for instance we have this number of coin on CryptoCurrency Market Capitalizations  Circulating Supply
452,552,412 MAID *.   * Not Mineable

With 4.3 billions coins how it will be capitalized.

Regards,

I was just looking the same,so there ll be 4.3 bilion coins in the end?
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May 18, 2017, 06:39:21 PM
 #2532

Hello,

I'm not an expert i bought some maid. Somebody can explain me why on maidsafe.net we have this :  Only 4.3 billion coins will ever be in circulation at one time and each will have its own unique identity. Safecoins will be recycled when users exchange them for network services, ensuring there is always a supply for users to earn.

for instance we have this number of coin on CryptoCurrency Market Capitalizations  Circulating Supply
452,552,412 MAID *.   * Not Mineable

With 4.3 billions coins how it will be capitalized.

Regards,

The max amount of SAFEcoin will be 4.3 billion over many years of farming. Maid is not safecoin. You will be able to exchange maid for safecoin in the future. But as of right now the total supply of MAID is 452,552,412-
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May 18, 2017, 07:51:34 PM
 #2533

Hello,

I'm not an expert i bought some maid. Somebody can explain me why on maidsafe.net we have this :  Only 4.3 billion coins will ever be in circulation at one time and each will have its own unique identity. Safecoins will be recycled when users exchange them for network services, ensuring there is always a supply for users to earn.

for instance we have this number of coin on CryptoCurrency Market Capitalizations  Circulating Supply
452,552,412 MAID *.   * Not Mineable

With 4.3 billions coins how it will be capitalized.

Regards,


When you PUT (upload) data to the network you give up some of your Safecoin. That address is now free again and ready to be farmed by someone who delivers data to the network from his Vault. So if 50% of all the coins are mined, 50% of all the Farming Attempts will fail. The group responsible for your Farming Attempt will pick a random address.
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May 18, 2017, 07:52:00 PM
 #2534

Here's today's update:


https://safenetforum.org/t/maidsafe-dev-update-may-18-2017/13726


Enjoy!
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May 21, 2017, 06:31:10 PM
 #2535

thanks, interesting. But I have one little question - when will be Alpha-2 release? this spring or summer?

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May 21, 2017, 08:48:44 PM
 #2536

thanks, interesting. But I have one little question - when will be Alpha-2 release? this spring or summer?

It's always the ultimate question, when will they release what!  Cheesy Cheesy I really can't give an answer to that because I seriously have no idea. In the update they talk about releasing a local network for them to test, that's always good news. One of the devs replied on the forum today that they will provide the SAFE Browser with mock routing as binaries tomorrow:

https://safenetforum.org/t/maidsafe-dev-update-may-18-2017/13726/44

This is what other devs are waiting for, they already build stuff for themselves on the dev forum (https://forum.safedev.org/t/how-to-build-the-safe-browser-and-upload-a-website-with-mock-vault/625/78) but now they can just start the browser and build and test their apps locally against a fake network.

So in the coming weeks: 1). A testnet locally in Troon  2.) TEST 20 (guess they call it that) for everybody to join  3.) When that's okay Alpha 2.

But there could be bugs/errors/security holes which they fix and release TEST 20b and/or TEST 20c. They could last a week, or only a few days......

This is where it gets very hard to predict. Alpha 2 could be here in 3 weeks, or 6 weeks or 9 weeks if it takes longer than expected. I really have no clue. The good news is that MaidSafe really test their stuff and that external devs can already build apps now. Will be easier tomorrow with binaries release. The most important thing IMO is the real start of the ecosystem. Apps, coins (not Safecoin) going from A to B, chats and more. Really curious what external devs come up with after they waited so long  Grin.   


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May 22, 2017, 03:48:05 AM
 #2537


if only they spend as much time coding ad writing updates.

Its come to a point where maid has mired itself in gobbledegook that reads test n+1 to do x

No endpoints clearly articulated.

Eg we will launch on date X.

then do updates.

Essentially they either have an algorithm that works or they don't.

Code an deploy something than can be upgraded later.

EG We will launch on 11 November 2017.

they must at this point be able to make some sort of estimate, or they do not know what they are doing.

This is me calling you out for a delivery date.

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May 22, 2017, 07:21:46 AM
 #2538

Has anyone considered that they have raised far to much money than is needed. Which in itself will invite problems, corruption or another dao type problem.
How much money is really fair in developing this compared to how much is raised. It will be good to hear balanced understanding.

I may be wrong but I think they burnt through the ICO money and had to do some sort of other  capital raise.


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May 22, 2017, 08:17:20 AM
 #2539

Has anyone considered that they have raised far to much money than is needed. Which in itself will invite problems, corruption or another dao type problem.
How much money is really fair in developing this compared to how much is raised. It will be good to hear balanced understanding.

I may be wrong but I think they burnt through the ICO money and had to do some sort of other  capital raise.



Sorry I posted in the wrong thread this was not ment for maidsafe. Please ignore it and delete if can.
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May 22, 2017, 08:25:09 AM
 #2540


if only they spend as much time coding ad writing updates.
Its come to a point where maid has mired itself in gobbledegook that reads test n+1 to do x
No endpoints clearly articulated.
Eg we will launch on date X.
then do updates.
Essentially they either have an algorithm that works or they don't.
Code an deploy something than can be upgraded later.
EG We will launch on 11 November 2017.
they must at this point be able to make some sort of estimate, or they do not know what they are doing.
This is me calling you out for a delivery date.

The SAFE Network is not just an algorithm that works or not. It needs to be able to scale from 100 users to 100 million without a problem. It will also allow for thousands of anonymous transactions without a blockchain. Apart from a lot of other projects MaidSafe always delivers a GUI for Mac, Linux and Windows. SAFE is about registering an anonymous domain on their system, have anonymous downloads, have anonymous coins all with the possibility to log in to a decentralized network. It's quite some new and innovative solution to a lot of problem we have these days on our beloved internet.

You can "call out" whoever you want for a date. I don't work for the company as I'm not a dev. I just follow them closely to see where things are and where they will be in the near future. Anyone claiming they know where things will be in 3  months is making things up. No one knows, just follow the weekly update or not. If you want to check their code, here are thousands of commits in 3 important repo's:

https://github.com/maidsafe/routing
https://github.com/maidsafe/crust
https://github.com/maidsafe/safe_client_libs

If you think you do better than that feel free to share your GitHub-page (if you have one). But the amount of code/commits doesn't say that much. They went from over 500k lines in C++ to under 50k in Rust. They have to design a lot from scratch as there currently isn't a blockchains-less systems that allow for everything they want. Namecoin was quite a big idea in 2014, but it uses a blockchain. Maidsafe's DNS (Decentralized Naming System) is already working and does all without a blockchain.  
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