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Author Topic: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet  (Read 554847 times)
Anduril_FotW
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June 06, 2017, 11:51:28 AM
 #2581

Theresa May saying internet should be regulated to avoid it being used by terrorists:

http://www.independent.co.uk/news/uk/politics/theresa-may-internet-regulated-london-bridge-terror-attack-google-facebook-whatsapp-borough-security-a7771896.html


This sounds bad for the SAFE network...

Any thoughts on this ? Thanks !

They can't shut SAFE down once it's supported by nodes all over the world. Think of it like shutting down Bitcoin, how would you do that? Or how to shut down Freenet? Can't be done either. SAFE is based on open source software with its own browser.

Ok, that's reassuring. But they could make running the software illegal right ?
And they could hold the MAIDSAFE company or devs responsible for illegal activities performed by others on the SAFE network, just like they did with Ross Ulbricht from Silk Road.
Does MAIDSAFE have any publications were they adress these possible regulatory issues ?



Ross Ulbricht from Silk Road was running a bunch of servers on TOR so he was the owner of the website and running it. On SAFE there are no servers. Coming testnet will run droplets hired by MaidSafe but we already had community testnets owned by no one. Freenet is out for over 10 years and is not forbidden by anyone, nor do they keep the devs responsible for what's on that network.

On SAFE you can register a domain like safe://bitcointalk without anyone knowing who's behind it. Even in the upcoming testnet MaidSafe has no clue who registered what username/domain and what files they uploaded. Even while they run the current network. So you can compare it with Z-cash. Nobody knows who owns what. In SAFE it's nobody knows who stores what. And nobody knows who surfs/downloads what.


Ok, that sounds good ! Thanks for explaining and reassuring me about my investment  Cheesy Cool

"The Blade that was Broken shines again!"
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June 06, 2017, 01:57:39 PM
 #2582

Theresa May saying internet should be regulated to avoid it being used by terrorists:

http://www.independent.co.uk/news/uk/politics/theresa-may-internet-regulated-london-bridge-terror-attack-google-facebook-whatsapp-borough-security-a7771896.html


This sounds bad for the SAFE network...

Any thoughts on this ? Thanks !

They can't shut SAFE down once it's supported by nodes all over the world. Think of it like shutting down Bitcoin, how would you do that? Or how to shut down Freenet? Can't be done either. SAFE is based on open source software with its own browser.

Ok, that's reassuring. But they could make running the software illegal right ?
And they could hold the MAIDSAFE company or devs responsible for illegal activities performed by others on the SAFE network, just like they did with Ross Ulbricht from Silk Road.
Does MAIDSAFE have any publications were they adress these possible regulatory issues ?



Ross Ulbricht from Silk Road was running a bunch of servers on TOR so he was the owner of the website and running it. On SAFE there are no servers. Coming testnet will run droplets hired by MaidSafe but we already had community testnets owned by no one. Freenet is out for over 10 years and is not forbidden by anyone, nor do they keep the devs responsible for what's on that network.

On SAFE you can register a domain like safe://bitcointalk without anyone knowing who's behind it. Even in the upcoming testnet MaidSafe has no clue who registered what username/domain and what files they uploaded. Even while they run the current network. So you can compare it with Z-cash. Nobody knows who owns what. In SAFE it's nobody knows who stores what. And nobody knows who surfs/downloads what.

looks like it is very anonymity net. But dont you think, that governement will not like this? This net can be used for dark trades of smth like this. But now it sounds promising.

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June 06, 2017, 03:08:20 PM
 #2583

But dont you think, that governement will not like this?

Yup, like when the gov didn't like people using drugs and they started a war on drugs and now nobody can get or use drugs anymore.   Cheesy

Guess what, they don't like people using bitcoin and encryption either. Do you think they will be any more successful at stopping it? 
They are perhaps just smart enough to know they shouldn't even try as it will just make people more aware of the gov's powerlessness
to control it. Any actions they take will be the desperate last swipes of the dying dragons tail...

 
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June 07, 2017, 01:13:09 AM
 #2584

Theresa May saying internet should be regulated to avoid it being used by terrorists:

http://www.independent.co.uk/news/uk/politics/theresa-may-internet-regulated-london-bridge-terror-attack-google-facebook-whatsapp-borough-security-a7771896.html


This sounds bad for the SAFE network...

Any thoughts on this ? Thanks !

Thats actually a great thing for the network because it cant be regulated


(and more people die from peanut allergies then staged terror attacks)

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digi123
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June 07, 2017, 07:43:38 AM
 #2585

From what I have read bitcoin will be going through a possible fork on 1 Aug. The outcome of this is not known and won't be known until it starts to happen and is realised.
This will effect maidsafe because these coins are on the bitcoin network. The future of maidsafe coins is now as uncertain as bitcoin. What is being done by maidsafe about this? what protections do maidsafe owners have?
It is even worrying that there is yet no mention of this within this comunity.
Burmik123
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June 07, 2017, 08:24:55 AM
 #2586

From what I have read bitcoin will be going through a possible fork on 1 Aug. The outcome of this is not known and won't be known until it starts to happen and is realised.
This will effect maidsafe because these coins are on the bitcoin network. The future of maidsafe coins is now as uncertain as bitcoin. What is being done by maidsafe about this? what protections do maidsafe owners have?
It is even worrying that there is yet no mention of this within this comunity.
I think, BTC is very strong and rumors about fork are only rumors for market manipulation. MAID is solid project with light future, so do not panic.

digi123
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June 07, 2017, 09:07:04 AM
 #2587

From what I have read bitcoin will be going through a possible fork on 1 Aug. The outcome of this is not known and won't be known until it starts to happen and is realised.
This will effect maidsafe because these coins are on the bitcoin network. The future of maidsafe coins is now as uncertain as bitcoin. What is being done by maidsafe about this? what protections do maidsafe owners have?
It is even worrying that there is yet no mention of this within this comunity.
I think, BTC is very strong and rumors about fork are only rumors for market manipulation. MAID is solid project with light future, so do not panic.

The project may be strong but the value of the traded coins are only as secure as the what they are attached to.
Something will have to happen sooner or later with bitcoin and maidsafe are apart of that system, there is much reason to be concerned while this attachment exists.
There could be two chains, reply problems, and it could end up being outright war within bitcoin comunities, just because nothing has happened doesn't mean it wont occur.
When things start to happen people don't show their cards untill it is to late, so don't think you know an outcome before something happens whether now or later.
AlteregoX
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June 07, 2017, 10:30:12 AM
 #2588

Can I already earn tokens giving hosting space?

If so, where can i find a tutorial?
miKnutty
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June 07, 2017, 02:57:09 PM
 #2589

From what I have read bitcoin will be going through a possible fork on 1 Aug. The outcome of this is not known and won't be known until it starts to happen and is realised.
This will effect maidsafe because these coins are on the bitcoin network. The future of maidsafe coins is now as uncertain as bitcoin. What is being done by maidsafe about this? what protections do maidsafe owners have?
It is even worrying that there is yet no mention of this within this comunity.
I think, BTC is very strong and rumors about fork are only rumors for market manipulation. MAID is solid project with light future, so do not panic.

The project may be strong but the value of the traded coins are only as secure as the what they are attached to.
Something will have to happen sooner or later with bitcoin and maidsafe are apart of that system, there is much reason to be concerned while this attachment exists.
There could be two chains, reply problems, and it could end up being outright war within bitcoin comunities, just because nothing has happened doesn't mean it wont occur.
When things start to happen people don't show their cards untill it is to late, so don't think you know an outcome before something happens whether now or later.

Thank you for outlining the possible downside but are you not thinking about the upside? What happens if all of the Bitcoin issues are resolved in a timely manner and this project takes off? We are all speculators here. You invest in the best available altcoins hoping to add to your profits. I think you would be crazy to sell MAID until you see a dramatic rise in price.

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June 07, 2017, 08:01:09 PM
 #2590

Can I already earn tokens giving hosting space?

If so, where can i find a tutorial?

No, not yet. We have to wait for Farming and Safecoin to be implemented.

First focus is TEST 20. The SAFE Browser with Authenticater and Mutable Data support. In other words: A browser which connects you to the network so you can upload (and later change) data. We should also see the first coins (not Safecoin though) moving between users. Not to forget the APIs for external devs to finally start the ecosystem with Apps etc. If this all works well it becomes Alpha 2 as official release, but expect some bugs in TEST 20 before we get there. So maybe we'll see TEST 20b first, who knows.

Currently half of the team is already working on Alpha 3. That one has support for datachains (part 1) and brings us Vaults from home again. In this case though, the whole process of a new Vaults joining the network is more secured in some sort of parallel hash table. 

After Alpha 3 they probably start on Farming and Safecoin implementation. But before that's officially released we're in 2018. Not a big deal IMO. MaidSafe really likes to test their stuff and from the moment Alpha 3 is live (with Vaults from home) we could scale to millions of nodes without a problem. There is work on several different coin/wallet implementation so the SAFE network will probably be the first project which has alt_coins before it has the official coin implemented  Cheesy.

Here's a post by David Irvine, the inventor and CEO of MaidSafe:

https://safenetforum.org/t/eli5-of-state-of-progress/14001/2




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June 08, 2017, 12:15:14 AM
 #2591

isnt this coin supposed to be super secure?

zeeman
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June 08, 2017, 07:23:49 AM
 #2592

isnt this coin supposed to be super secure?

Yes, the whole network is supposed to be secure so:

- Register a domain without anyone knowing you did so... but still you are the owner
- Upload private data without anyone knowing you did that, how much...
- Transfer Safecoin from A to B without anyone knowing you did or how much while no one knows your balance
- Browse safe://websites without anyone knowing what/when and stuff like that

No wonder it takes some time  Grin. SAFE also fixes the scalability issues that blockchains have. So the network can handle thousands of transactions a second as not all nodes are involved in each transaction. Hopefully TEST 20 today but otherwise it's next week as David told us they're close. This will give everyone the opportunity to download the browser and test most of these features out. I will post the dev update when it's out today.

 
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June 08, 2017, 08:35:39 AM
 #2593

isnt this coin supposed to be super secure?

Yes, the whole network is supposed to be secure so:

- Register a domain without anyone knowing you did so... but still you are the owner
- Upload private data without anyone knowing you did that, how much...
- Transfer Safecoin from A to B without anyone knowing you did or how much while no one knows your balance
- Browse safe://websites without anyone knowing what/when and stuff like that

No wonder it takes some time  Grin. SAFE also fixes the scalability issues that blockchains have. So the network can handle thousands of transactions a second as not all nodes are involved in each transaction. Hopefully TEST 20 today but otherwise it's next week as David told us they're close. This will give everyone the opportunity to download the browser and test most of these features out. I will post the dev update when it's out today.

 

This is why Maid is by far the most ambitious project, even more so than bitcoin itself. If enough investors believe what you wrote above can be done, we're gonna have a 2$ price after alpha 2.

Looking for the next 10x Small Cap for Q2 2018? $XBY (dApp Platform, New PoSign Algorithm), $SHIFT (dPoS Decentralized Web 3.0 on IFPS) & $BLOCK (Blockchain Agnostic DeX, atomic swaps)
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June 08, 2017, 07:13:48 PM
 #2594




A sweet dev update today...


https://safenetforum.org/t/maidsafe-dev-update-june-8-2017/14105


Enjoy!@!
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June 08, 2017, 09:19:11 PM
 #2595

hi guys. Just 10% of SAFE Coins to the MaidSafeCoin holders is not unfair? I mean, if the marketcap of SAFECOIN not reach 10x the MaidSafeCoin marketcap on the launch all the holders will loose money? thanks
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June 08, 2017, 09:20:50 PM
 #2596


So...network launch soon? I can't wait.

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June 09, 2017, 01:45:45 PM
 #2597

hi guys. Just 10% of SAFE Coins to the MaidSafeCoin holders is not unfair? I mean, if the marketcap of SAFECOIN not reach 10x the MaidSafeCoin marketcap on the launch all the holders will loose money? thanks

I don't know if I get your question right, but in total 4.3 billion Safecoin will ever be created. This probably won't happen before the year 2100 if ever.

MaidSafe the company sold 10% of that number in 2014 at the crowdfund. Due to a little glitch with the OMNI (back then called Mastercoin) system the creation of new coins was stopped a little too late. So around 453 million are in circulation right now.

http://coinmarketcap.com/assets/maidsafecoin/#charts

When Safecoin goes live after testing you can change your MAID for the real Safecoin 1-on-1. If you want to store (PUT) data in the network you "burn" some Safecoin. The address of the coin gets free so it might be farmed again in the future (if ever). When someone "Farmes" Safecoin the nodes will pick a random address from the 4.3 billion. If that address is already owned, the Farming Attempt fails. If it's free it goes to the farmer.

There's also Farming algo's. When more people try to farm, less coins are rewarded. When too less people farm, the reward goes up to attract more Farmers. So overall a lot of dynamics. The network doesn't care about the Safecoin price being 50 cents or 4 dollar. It will always balance out. Coins are created and burned all the time.

Hope that helps.       

 
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June 09, 2017, 03:48:04 PM
 #2598

How OMNI and MAID are related? Why MAID price is stalled under 20k?
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June 10, 2017, 10:14:59 AM
 #2599

What is the difference between Maid and SafeExchangeCoin (SAFEX)?
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June 10, 2017, 02:46:16 PM
 #2600

What is the difference between Maid and SafeExchangeCoin (SAFEX)?

Safex was supposed to be an exchange to work on the SAFE network. The Safex dev decided to move Safex away from SAFE to use a blockchain after all. So the projects aren't related. Maidsafe never had a connection with that dev although he was part of the SAFE community. Here's the Safex website, they have their own forum:

https://safex.io


@techish

MAID is currently on the OMNI protocol. Will change after the official launch of Safecoin. That's the moment you can change the current MAID (running on the blockchain) for the SAFE network (without blockchain).
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