Maidsafe Coin = Tor 2.0

in #beyondbitcoin8 years ago (edited)

Disclaimer : I am an early investor in Safecoin (Maidsafe will be exchanged for Safecoin when latter become fully operational) and have purchased more recently.

We all have seen the drudgery of alt-coin scams and many of us see all new crypto with those lenses. But Maidsafe as a technology is revolutionary. It has the most non-marketable name till date and is flying under the radar. 

Techcrunch article on Maidsafe

https://techcrunch.com/2016/08/12/after-a-decade-of-rd-maidsafes-decentralized-network-opens-for-alpha-testing/

Tor in itself is a great resource but it has not been successfully channeled to masses. Maidsafe can change that. It further unlocks a huge underused resource.  It can disrupt multiple industries. Many file and web hosting companies have invested decades and billions of dollars in creating massive web services infrastructure, Maidsafe is in a position to create a better alternative with far smaller barriers to entry, more features (security, decentralization, fault tolerance) all built into it.

Don't let the name discourage you from seeing the potential of Maidsafe

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Yep. I wonder how well it will work in production mode.

The interesting bit is they are taking their time. Have a good product roadmap, vision and team. Their only competitor will be Kim Dotcom's hosting service, operational using Bitcoin. But Maidsafe is far ahead in the game.

great work! I like maidsafe too. Just wish they could figure out the economics side of the coin and how it will be used. Alpha might give insights though ;)

Thanks. The economics of it is to be evolved. But consider this scenario. I have 100 GB of free space 30-40 Mbps of free bandwidth. Most of my side projects are good to be hosted on this. But I do not want to expose my laptop and home to the Internet. But can I trade my free resources to get similar decentralized resources? Wow! With Maidsafe that's possible. If I need more, I can simply buy some coins. But that will be far cheaper than any web hosting solution out there. I think Maidsafe is going to disrupt many businesses. Its low profile is its biggest advantage.

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