[ANN] IPO of MaidSafe: Entering the Future of the Decentralized Internet - page 34.

zeeman

hero member

Activity: 598

Merit: 501

https://safenetforum.org/t/maidsafe-dev-update-july-6-2017/14634

Enjoy!@!

Join SAFE Slack here:

https://safenetwork.slack.com

Join SAFE Telegram here:

https://t.me/safenetwork

zeeman

hero member

Activity: 598

Merit: 501

Quote from: philhellmuth on July 05, 2017, 05:09:13 PM

Hello,

I made a video about MAIDsafe on my Youtube channel called Wild Promotion in which I promote crypto currencies.

Enjoy the video:

https://www.youtube.com/watch?v=02pYUHkc7Uo

Cool! Nice video.

philhellmuth

member

Activity: 120

Merit: 10

Forging Lisk delegate philhellmuth 35% SHARE POOL

Hello,

I made a video about MAIDsafe on my Youtube channel called Wild Promotion in which I promote crypto currencies.

Enjoy the video:

https://www.youtube.com/watch?v=02pYUHkc7Uo

TronQuix

full member

Activity: 306

Merit: 106

Quote from: zeeman on July 05, 2017, 11:52:49 AM

Quote from: lipatti on July 05, 2017, 07:34:30 AM

Hello,

I read this on maidesafe.net : MaidSafeCoin is a proxy token that was released during MaidSafe's crowd sale and will be swapped for Safecoin on a 1:1 basis when Safecoin is released. https://maidsafe.net/buy_maidSafeCoin.html

I'm not an expert i need to understand ...When safecoin will be released we we will have more than 452,552,412 MAID because farming will be start with at the end total supply 4.3 billion coins. "will be swapped for Safecoin on a 1:1 basis when Safecoin is released"

My question : If we have more and more coins (after farming began) and the possibility to exchange one maidsafe for one safecoin. How it will be capitalized Huh

Exemple when we have 900,000,000 safecoin or maidesafe (same coin) it mean the price down by half ?
I thought maidsafe and safecoin will be not sharing.

Thanks everybody in advance for explication help me to understand.

Best regards,

When the network launches with Farming and Safecoin MaidSafe will "create" those 452,552,412 Safecoin for all people owning Maidsafecoin. You will pay to store data on the network (PUT). When you pay that Safecoin is "burned" or actually, you give up ownership of that address. That address comes free again to one day (if ever) be farmed again.

So with Farming and Safecoin active on the network coins are both "burned" and "created". Don't expect millions of coins to be farmed in several weeks, it's probably more like Bitcoin where only a few coins are created every 10 minutes. But before they'll launch this we'll see test_safecoin so we can all test this stuff out.

I'm a huge pl3blord, but i just wanted to clarify.... when you say Maidsafecoin, you are referring to the Maidsafe coin that is currently tradable on the open market yes?

zeeman

hero member

Activity: 598

Merit: 501

Quote from: lipatti on July 05, 2017, 07:34:30 AM

Hello,

I read this on maidesafe.net : MaidSafeCoin is a proxy token that was released during MaidSafe's crowd sale and will be swapped for Safecoin on a 1:1 basis when Safecoin is released. https://maidsafe.net/buy_maidSafeCoin.html

I'm not an expert i need to understand ...When safecoin will be released we we will have more than 452,552,412 MAID because farming will be start with at the end total supply 4.3 billion coins. "will be swapped for Safecoin on a 1:1 basis when Safecoin is released"

My question : If we have more and more coins (after farming began) and the possibility to exchange one maidsafe for one safecoin. How it will be capitalized Huh

Exemple when we have 900,000,000 safecoin or maidesafe (same coin) it mean the price down by half ?
I thought maidsafe and safecoin will be not sharing.

Thanks everybody in advance for explication help me to understand.

Best regards,

When the network launches with Farming and Safecoin MaidSafe will "create" those 452,552,412 Safecoin for all people owning Maidsafecoin. You will pay to store data on the network (PUT). When you pay that Safecoin is "burned" or actually, you give up ownership of that address. That address comes free again to one day (if ever) be farmed again.

So with Farming and Safecoin active on the network coins are both "burned" and "created". Don't expect millions of coins to be farmed in several weeks, it's probably more like Bitcoin where only a few coins are created every 10 minutes. But before they'll launch this we'll see test_safecoin so we can all test this stuff out.

lipatti

newbie

Activity: 80

Merit: 0

[/quote]
Hello,

I read this on maidesafe.net : MaidSafeCoin is a proxy token that was released during MaidSafe's crowd sale and will be swapped for Safecoin on a 1:1 basis when Safecoin is released. https://maidsafe.net/buy_maidSafeCoin.html

I'm not an expert i need to understand ...When safecoin will be released we we will have more than 452,552,412 MAID because farming will be start with at the end total supply 4.3 billion coins. "will be swapped for Safecoin on a 1:1 basis when Safecoin is released"

My question : If we have more and more coins (after farming began) and the possibility to exchange one maidsafe for one safecoin. How it will be capitalized Huh

Exemple when we have 900,000,000 safecoin or maidesafe (same coin) it mean the price down by half ?
I thought maidsafe and safecoin will be not sharing.

Thanks everybody in advance for explication help me to understand.

Best regards,

zeeman

hero member

Activity: 598

Merit: 501

Quote from: SweetHodler on July 05, 2017, 04:44:42 AM

Noob question, but if somebody can shed some light on this I would be very thankful. As a MAID holder do I get this SAFE coin you guys are talking here about? I have been holding MAID for over 3 months now, what is next on the roadmap? Slightly concerned about the price, but still holding long.

When MaidSafe implements Farming and Safecoin and all is well tested there will be a moment you can change Maidsafecoin for Safecoin on a 1-on-1 basis. They will probably give you a burn address to send your MAID to. Next thing you'll get the real Safecoin on the SAFE Network.

SweetHodler

member

Activity: 178

Merit: 10

Noob question, but if somebody can shed some light on this I would be very thankful. As a MAID holder do I get this SAFE coin you guys are talking here about? I have been holding MAID for over 3 months now, what is next on the roadmap? Slightly concerned about the price, but still holding long.

zeeman

hero member

Activity: 598

Merit: 501

This is NOT YET a public test network but the first people got invited to test it a bit:

https://safenetforum.org/t/feedback-for-test-17-internal-testing/14585

More people will be asked in the next few days and hopefully it's open to all people this/next week.
They call it TEST 17 so expect TEST 17b and maybe even TEST 17c before we're seeing Alpha 2. But this shows
they're making some good progress.

zeeman

hero member

Activity: 598

Merit: 501

Here's the community Telegram group:

https://t.me/safenetwork

Enjoy!@!

DARKHOLDER

hero member

Activity: 659

Merit: 500

Zepher is scammer!:)

Keep up -good work! Wink

CryptoRobert

sr. member

Activity: 1015

Merit: 289

Wow, that sounds like good news! Keep up the good work!

zeeman

hero member

Activity: 598

Merit: 501

https://safenetforum.org/t/maidsafe-dev-update-june-29-2017/14529

TL;DR Two new devs. Some long term community members will get a PM to help test the test_network this week.
several anti-spam/attack features implemented.

Enjoy!@!

zoom2aditya

newbie

Activity: 38

Merit: 0

Quote from: Kiber on June 28, 2017, 04:09:35 AM

https://cdn-business.discourse.org/uploads/safenetwork/original/2X/2/2268b60a9a214fd9744e4a824064694827a3de72.png

What is it? I mean whats the significance?

zeeman

hero member

Activity: 598

Merit: 501

Here's the Safenetwork Slack channel:

https://safenetwork.slack.com

New update tonight, let's see if they release the next testnet today. They have it up locally for 2 weeks now but had some bugs.

joet3

member

Activity: 84

Merit: 10

Holding and waiting... let's go $MAID

Kiber

member

Activity: 88

Merit: 10

PeytonItemu

newbie

Activity: 39

Merit: 0

Very happy, after a few months trading and making capital, a got MAID at 18k satoshis, this project is about to explode Grin

zoom2aditya

newbie

Activity: 38

Merit: 0

Quote from: joet3 on June 25, 2017, 06:18:28 PM

$MAID holders hold on.. this should be good

Maidsafe is holding on to 19k+ atleast even when everything is in deep red. But then upmove is equally appalling.

joet3

member

Activity: 84

Merit: 10

$MAID holders hold on.. this should be good

Topic: [ANN] IPO of MaidSafe: Entering the Future of the Decentralized Internet - page 34. (Read 579951 times)