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Author Topic: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet  (Read 529644 times)
jubalix
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May 22, 2017, 10:11:41 AM
 #2541

yeah they could run a stripped down form, that can scale later.....just have something out....

eg IOTA has some serious wallet problems but at least they have the product out the gate.

Also I disagree, if you have the algorithm(s), and they have been going for what 7 to 10 years or something, you can build it in that time.

A good portion of the internet 1.0 was built in that time, from scratch.

"It needs to be able to scale from 100 users to 100 million"

yeah no, scaling can be sorted out later by a fork.

right now afaik there is not even the 100 as no live product.

I cannot help but feel some eth/lsk dapp is going do all of this.

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zeeman
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May 22, 2017, 03:18:37 PM
 #2542

yeah they could run a stripped down form, that can scale later.....just have something out....

eg IOTA has some serious wallet problems but at least they have the product out the gate.
Also I disagree, if you have the algorithm(s), and they have been going for what 7 to 10 years or something, you can build it in that time.
A good portion of the internet 1.0 was built in that time, from scratch.
"It needs to be able to scale from 100 users to 100 million"
yeah no, scaling can be sorted out later by a fork.
right now afaik there is not even the 100 as no live product.

I cannot help but feel some eth/lsk dapp is going do all of this.

Lot of the 10 years was R&D and finding investors etc. Wasn't that easy before we had Bitcoin.
Quote
eg IOTA has some serious wallet problems but at least they have the product out the gate.

Alpha 1 got out in august 2016:

https://safenetforum.org/t/safe-network-alpha-release/10687

It was online for months, you could test a lot of things, from the DNS to self_encryption and quite some other stuff. We've also seen like 14 different testnets and propably more if you count the A's and B's as well.
Quote
yeah no, scaling can be sorted out later by a fork.

Why not fix Routing when you are building the network? Routing comes after Crust (IP-layer). Routing needs to be good before you can build the rest of the network. Mutable Data needs good routing and good routing scales to 100 million or a billion. I know quite some other projects with half finished or a total lack of GUIs. I was excited about Ethereum in 2014 (made nice money on the coins as well, could've been more if I just holded Cheesy) but so far it's just 1 big promise IMO. How many people in crypto do you know who use that stuff? What would you use Ethereum for right now since they had an official launch?? Can you point me to one very useful Dapp? They work on a decentralized storage system as well (Swarm) but why isn't that out if doing things on the blockchain was so easy? No to bash them in any way because the more projects we see the better, but building all these applications is hard.

MaidSafe just released their browser again, now with a feature to run a local testnet with Mutabel Data on mock routing.

https://safenetforum.org/t/maidsafe-dev-update-may-18-2017/13726/46

Now external devs can build and test Apps for the upcoming networks.

 

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May 22, 2017, 06:13:42 PM
 #2543


"It needs to be able to scale from 100 users to 100 million"

yeah no, scaling can be sorted out later by a fork.

I cannot help but feel some eth/lsk dapp is going do all of this.

Um, yeah ok - let's rush it out now so we can fork it later to fix issues. Or better yet, just give up because a little old dapp running on top of ETH or LSK is going to do all this.  Roll Eyes

Please stop talking now, your ignorance is appalling.
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May 22, 2017, 07:12:11 PM
 #2544

Sorry to interrupt.  I'm just trying to get my head around this coin.

Am I correct to think that the Safecoin itself would be used to purchase the apps/services on the network?  Therefore the value of the Safecoin would be related to the desirablity of those apps/services?

Thanks a lot,
Calum
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May 22, 2017, 08:17:50 PM
 #2545

Sorry to interrupt.  I'm just trying to get my head around this coin.

Am I correct to think that the Safecoin itself would be used to purchase the apps/services on the network?  Therefore the value of the Safecoin would be related to the desirablity of those apps/services?

Thanks a lot,
Calum

It's needed when you PUT (upload) data to the network and when you create an account, buy a domain etc. I guess most apps will just be free and open source. Browsing the network and downloads are all free. The value of Safecoin is hard to predict because the number of new coins that are created per mb. declines when a lot of people try to Farm coins. So the value will be related to request/demand, the number of free_space available in the network and probably more. The network will balance itself out, if a lot of people Farm the Farming reward goes down quite fast. Same the other way around.

TL;DR  The network doesn't give a thing about the price of Safecoin, it only looks at the available free-space provided by Farmers. Fast algo's will kick in when there's too much/less space in the network.

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May 22, 2017, 10:51:20 PM
 #2546

And that is why i'm a certified Hoarder for Maid
read about NVO ico starting like right now , someone know more and want to share ?

Sorry to interrupt.  I'm just trying to get my head around this coin.

Am I correct to think that the Safecoin itself would be used to purchase the apps/services on the network?  Therefore the value of the Safecoin would be related to the desirablity of those apps/services?

Thanks a lot,
Calum

It's needed when you PUT (upload) data to the network and when you create an account, buy a domain etc. I guess most apps will just be free and open source. Browsing the network and downloads are all free. The value of Safecoin is hard to predict because the number of new coins that are created per mb. declines when a lot of people try to Farm coins. So the value will be related to request/demand, the number of free_space available in the network and probably more. The network will balance itself out, if a lot of people Farm the Farming reward goes down quite fast. Same the other way around.

TL;DR  The network doesn't give a thing about the price of Safecoin, it only looks at the available free-space provided by Farmers. Fast algo's will kick in when there's too much/less space in the network.



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May 23, 2017, 12:02:35 AM
 #2547


"It needs to be able to scale from 100 users to 100 million"

yeah no, scaling can be sorted out later by a fork.

I cannot help but feel some eth/lsk dapp is going do all of this.

Um, yeah ok - let's rush it out now so we can fork it later to fix issues. Or better yet, just give up because a little old dapp running on top of ETH or LSK is going to do all this.  Roll Eyes

Please stop talking now, your ignorance is appalling.

Yeah no, you need to point out why.

I understand the the scope of what maid is trying to do, but there will be alternatives. though combinations of other platforms. There always is.

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May 23, 2017, 12:06:05 AM
 #2548

yeah they could run a stripped down form, that can scale later.....just have something out....

eg IOTA has some serious wallet problems but at least they have the product out the gate.
Also I disagree, if you have the algorithm(s), and they have been going for what 7 to 10 years or something, you can build it in that time.
A good portion of the internet 1.0 was built in that time, from scratch.
"It needs to be able to scale from 100 users to 100 million"
yeah no, scaling can be sorted out later by a fork.
right now afaik there is not even the 100 as no live product.

I cannot help but feel some eth/lsk dapp is going do all of this.

Lot of the 10 years was R&D and finding investors etc. Wasn't that easy before we had Bitcoin.
Quote
eg IOTA has some serious wallet problems but at least they have the product out the gate.

Alpha 1 got out in august 2016:

https://safenetforum.org/t/safe-network-alpha-release/10687

It was online for months, you could test a lot of things, from the DNS to self_encryption and quite some other stuff. We've also seen like 14 different testnets and propably more if you count the A's and B's as well.
Quote
yeah no, scaling can be sorted out later by a fork.

Why not fix Routing when you are building the network? Routing comes after Crust (IP-layer). Routing needs to be good before you can build the rest of the network. Mutable Data needs good routing and good routing scales to 100 million or a billion. I know quite some other projects with half finished or a total lack of GUIs. I was excited about Ethereum in 2014 (made nice money on the coins as well, could've been more if I just holded Cheesy) but so far it's just 1 big promise IMO. How many people in crypto do you know who use that stuff? What would you use Ethereum for right now since they had an official launch?? Can you point me to one very useful Dapp? They work on a decentralized storage system as well (Swarm) but why isn't that out if doing things on the blockchain was so easy? No to bash them in any way because the more projects we see the better, but building all these applications is hard.

MaidSafe just released their browser again, now with a feature to run a local testnet with Mutabel Data on mock routing.

https://safenetforum.org/t/maidsafe-dev-update-may-18-2017/13726/46

Now external devs can build and test Apps for the upcoming networks.



The difference is, for say ETH is people have to coin in thier hands now, so no matter what form it take in the future they have that coin on that network.

A test net means nothing as to value, if you think it has value I will swap you my testnet BTC for your real BTC.

there is a a sort of halfway house in the omni wallet set up bit its not the same.

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zeeman
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May 23, 2017, 08:23:33 AM
 #2549

Quote

The difference is, for say ETH is people have to coin in thier hands now, so no matter what form it take in the future they have that coin on that network.

A test net means nothing as to value, if you think it has value I will swap you my testnet BTC for your real BTC.

there is a a sort of halfway house in the omni wallet set up bit its not the same.

That's why we differ in view I guess. I like all these coins, I also like to make money on them of course, but i really like the tech behind it all. I've seen the coming of Napster, KazaA and BitTorrent (yeah, I'm a oldie Tongue) and I really like the idea of a next evolution to that. SAFE is that next evolution imo, just start a dedicated browser, surf 100% anonymous without commercial trackers following you. No need to enter creditcard credentials somewhere because Safecoin allows you to pay in a second. Devs can create their own chatrooms, youtubes, twitters etc. Freedom to tip a blogger some money, rent out your CPU power and more. And I'll swap my MAID for the real Safecoin when it's ready. You need data integrity for that. That's something half the team is working on right now, datachains etc. Will surprise a lot of people when it's out.   
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May 23, 2017, 09:17:07 AM
 #2550

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.   



thanks, you answered well and clear. A asked about alpha-2 because the price is standing at one place and it is not good.

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May 25, 2017, 09:00:10 PM
 #2551




https://safenetforum.org/t/maidsafe-dev-update-may-25-2017/13843


Enjoy!@!
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May 25, 2017, 09:08:51 PM
 #2552

Quote

The difference is, for say ETH is people have to coin in thier hands now, so no matter what form it take in the future they have that coin on that network.

A test net means nothing as to value, if you think it has value I will swap you my testnet BTC for your real BTC.

there is a a sort of halfway house in the omni wallet set up bit its not the same.

That's why we differ in view I guess. I like all these coins, I also like to make money on them of course, but i really like the tech behind it all. I've seen the coming of Napster, KazaA and BitTorrent (yeah, I'm a oldie Tongue) and I really like the idea of a next evolution to that. SAFE is that next evolution imo, just start a dedicated browser, surf 100% anonymous without commercial trackers following you. No need to enter creditcard credentials somewhere because Safecoin allows you to pay in a second. Devs can create their own chatrooms, youtubes, twitters etc. Freedom to tip a blogger some money, rent out your CPU power and more. And I'll swap my MAID for the real Safecoin when it's ready. You need data integrity for that. That's something half the team is working on right now, datachains etc. Will surprise a lot of people when it's out.   

How about Morpheus??? Remember that one? Or LimeWire? Nice to see a few folks from my day. I also agree, I think one of the nice things about this "currency", if you can even call it that anymore, is that in order to use it, there is a whole action of adoption associated with it, which in this case only reinforces using that currency.

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May 27, 2017, 06:59:07 PM
 #2553



https://safenetforum.org/t/introducing-frames/13868

Looks like the ecosystem is getting some more momentum as external devs start to show their (D)apps...
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May 28, 2017, 01:08:16 PM
 #2554

Could someone confirm that MaidSafeCoins is actually in partnership with NVO.io? Its a new project launching that works inside the Safenetnetwork, It looks very promising but I'm not sure If I should invest or not as I don't know the team and I can't find If MaidSafe confirmed or spoke about this.


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May 28, 2017, 03:18:46 PM
 #2555

Could someone confirm that MaidSafeCoins is actually in partnership with NVO.io? Its a new project launching that works inside the Safenetnetwork, It looks very promising but I'm not sure If I should invest or not as I don't know the team and I can't find If MaidSafe confirmed or spoke about this.

Here you go:

Quote
We have only one partner that we have signed up with right now, that is maidsafe asia. The logo is new and we are looking at signing up more partners, so this use of the logo surprised us a bit here. We don't want to be seen endorsing projects at the moment, but we can support them if possible. This one is a really important and needed element of the network and crypto space though. I don't want to promote projects too much but do want to say "hey that's brilliant, good luck". So we need to be careful. Coinpayments though is a group we know and have worked with and I would consider them partners, but we have no formal relationship there either, but I work with and trust those guys.

It's an area we need to clean up. In crypto I get concerned with partnerships as people talk, release statements about deals and there is no substance, look at all the project X partners with microsoft, or government Y partners with project Z, most of them are just really "yea we met and had an intro talk :smiley:

All in all we need to formalise the partnership scheme and set out some ground rules, that will need to include regular meetings and updates on the relationships, why they exist and what are the objectives. We will look into this now and try to make the partner scheme more transparent and obvious. We should have pages on our site for each partner we work with and identify the people responsible in each team for the relationship. Then there is a focal point to discuss possible deals with.

So bottom line, this is new and we will pursue it and clean it all up. In terms of this project I feel we do support the ethos and objectives and will need to speak with them a bit more and see where it goes, after their crowd funding round though  Wink

https://safenetforum.org/t/nvo-decentralized-exchange-crowdsale/13608/204
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May 28, 2017, 09:47:20 PM
 #2556

Has anybody more insights on why the Safecoin price is controlled so much?
For months there has been very strong market shaping on Poloniex with alternating large buy & sell walls preventing any major action to either side. Also, this is all going on very indirectly and the walls are never placed aggressively so they seem only to be used to push the market slightly to the other direction in order to unload a bit of the market maker's position or whatever.
Am I paranoid?

I did not observe this kind of behavior with many other coins.
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May 28, 2017, 10:39:20 PM
 #2557

Has anybody more insights on why the Safecoin price is controlled so much?
For months there has been very strong market shaping on Poloniex with alternating large buy & sell walls preventing any major action to either side. Also, this is all going on very indirectly and the walls are never placed aggressively so they seem only to be used to push the market slightly to the other direction in order to unload a bit of the market maker's position or whatever.
Am I paranoid?

I did not observe this kind of behavior with many other coins.

I recall there was a post about a year ago that discussed Maidsafe's intention to slowly sell off some of the foundation's coins in order to continue funding the project. Not sure if they went that route or not, but could it possibly explain why the price doesn't seem to move strongly in either direction? Otherwise, I'd assume there's some whales with a lot of coins manipulating the price.
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May 29, 2017, 03:11:31 AM
 #2558

Could someone confirm that MaidSafeCoins is actually in partnership with NVO.io? Its a new project launching that works inside the Safenetnetwork, It looks very promising but I'm not sure If I should invest or not as I don't know the team and I can't find If MaidSafe confirmed or spoke about this.

Here you go:

Quote
We have only one partner that we have signed up with right now, that is maidsafe asia. The logo is new and we are looking at signing up more partners, so this use of the logo surprised us a bit here. We don't want to be seen endorsing projects at the moment, but we can support them if possible. This one is a really important and needed element of the network and crypto space though. I don't want to promote projects too much but do want to say "hey that's brilliant, good luck". So we need to be careful. Coinpayments though is a group we know and have worked with and I would consider them partners, but we have no formal relationship there either, but I work with and trust those guys.

It's an area we need to clean up. In crypto I get concerned with partnerships as people talk, release statements about deals and there is no substance, look at all the project X partners with microsoft, or government Y partners with project Z, most of them are just really "yea we met and had an intro talk :smiley:

All in all we need to formalise the partnership scheme and set out some ground rules, that will need to include regular meetings and updates on the relationships, why they exist and what are the objectives. We will look into this now and try to make the partner scheme more transparent and obvious. We should have pages on our site for each partner we work with and identify the people responsible in each team for the relationship. Then there is a focal point to discuss possible deals with.

So bottom line, this is new and we will pursue it and clean it all up. In terms of this project I feel we do support the ethos and objectives and will need to speak with them a bit more and see where it goes, after their crowd funding round though  Wink

https://safenetforum.org/t/nvo-decentralized-exchange-crowdsale/13608/204


"Maidsafe Asia" aka CCP .. aka Ponzi Scheme.

Hard pass for me.

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May 29, 2017, 08:36:52 AM
 #2559

Has anybody more insights on why the Safecoin price is controlled so much?
For months there has been very strong market shaping on Poloniex with alternating large buy & sell walls preventing any major action to either side. Also, this is all going on very indirectly and the walls are never placed aggressively so they seem only to be used to push the market slightly to the other direction in order to unload a bit of the market maker's position or whatever.
Am I paranoid?

I did not observe this kind of behavior with many other coins.

I recall there was a post about a year ago that discussed Maidsafe's intention to slowly sell off some of the foundation's coins in order to continue funding the project. Not sure if they went that route or not, but could it possibly explain why the price doesn't seem to move strongly in either direction? Otherwise, I'd assume there's some whales with a lot of coins manipulating the price.

MAID is just as volatile as other coins. In 1 month the marketcap moved from 119 mil. to 216 mil. So I have no clue how someone could say the price is controlled  Tongue Tongue.

https://blog.maidsafe.net/2016/05/31/maidsafecoin-announcement/

Here's the info on the selling of those coins from about a year ago. We see $-volumes of around 5 million on some trading days for MAID. No way MaidSafe as a company could influence that. I guess even the big whales can't these days. You need quite some volume in USD to move the market up or down. but like I said, MAID is volatile just like all the others:

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May 29, 2017, 10:21:19 AM
 #2560

Has anybody more insights on why the Safecoin price is controlled so much?
For months there has been very strong market shaping on Poloniex with alternating large buy & sell walls preventing any major action to either side. Also, this is all going on very indirectly and the walls are never placed aggressively so they seem only to be used to push the market slightly to the other direction in order to unload a bit of the market maker's position or whatever.
Am I paranoid?

I did not observe this kind of behavior with many other coins.

I recall there was a post about a year ago that discussed Maidsafe's intention to slowly sell off some of the foundation's coins in order to continue funding the project. Not sure if they went that route or not, but could it possibly explain why the price doesn't seem to move strongly in either direction? Otherwise, I'd assume there's some whales with a lot of coins manipulating the price.

MAID is just as volatile as other coins. In 1 month the marketcap moved from 119 mil. to 216 mil. So I have no clue how someone could say the price is controlled  Tongue Tongue.

https://blog.maidsafe.net/2016/05/31/maidsafecoin-announcement/

Here's the info on the selling of those coins from about a year ago. We see $-volumes of around 5 million on some trading days for MAID. No way MaidSafe as a company could influence that. I guess even the big whales can't these days. You need quite some volume in USD to move the market up or down. but like I said, MAID is volatile just like all the others:


and now compare made with others. Total capitalization o maid moved from 119 to 216 because of BTC ATH. Price in BTC stay in little coridor 16k-18k. MM makes it. MAID is the most slow coin this season. When others coins price jumped a lot(2x-5x) maid price did not do nothing. MAID is stability.

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