[ANN] IPO of MaidSafe: Entering the Future of the Decentralized Internet - page 94.

dealeris

newbie

Activity: 74

Merit: 0

Quote from: jibble on February 23, 2016, 06:03:34 AM

Quote from: dealeris on February 23, 2016, 05:36:39 AM

Hello Guys,

Maybe someone could help me with these questions:

What is the daily supply or the rate at which MAID is distributed?

Did a lot of searches on this, but either information is not very clear or didn't find the right information.

I read at the beginning of the topic, that 10% was sold at start as an IPO and the remaining 90% is left for the people sharing their space for the network.
Am i correct with this one?

Thanks for your answers

Currently 452,552,412 MAID , there will be roughly 4.3 billion in 10 years time.

Distribution is difficult to accurately say , it depends on many factors mainly, amount of data on the network and the amount of farmers/users

Distribution will be faster if more people are farming and using it and offering to be nodes. Distribution will see a direct relation to adoption.

Thanks for your reply.
So 10% was sold at an IPO and about 90% remains for farmers.
Is it possible to farm MAID now? or are we waiting for a release?

jibble

hero member

Activity: 924

Merit: 1000

Quote from: dealeris on February 23, 2016, 05:36:39 AM

Hello Guys,

Maybe someone could help me with these questions:

What is the daily supply or the rate at which MAID is distributed?

Did a lot of searches on this, but either information is not very clear or didn't find the right information.

I read at the beginning of the topic, that 10% was sold at start as an IPO and the remaining 90% is left for the people sharing their space for the network.
Am i correct with this one?

Thanks for your answers

Currently 452,552,412 MAID , there will be roughly 4.3 billion in 10 years time.

Distribution is difficult to accurately say , it depends on many factors mainly, amount of data on the network and the amount of farmers/users

Distribution will be faster if more people are farming and using it and offering to be nodes. Distribution will see a direct relation to adoption.

dealeris

newbie

Activity: 74

Merit: 0

Hello Guys,

Maybe someone could help me with these questions:

What is the daily supply or the rate at which MAID is distributed?

Did a lot of searches on this, but either information is not very clear or didn't find the right information.

I read at the beginning of the topic, that 10% was sold at start as an IPO and the remaining 90% is left for the people sharing their space for the network.
Am i correct with this one?

Thanks for your answers

mamamae

legendary

Activity: 1188

Merit: 1001

well if they make problems can be relisted with a new ticker, but Richie is a reasonable guy so i'm pretty sure won't be a problem

Quote from: fuze0000 on February 22, 2016, 09:51:58 AM

It is wise to buy MAID on bittrex?

If I do pick up MAID on bittrex what will I have to worry about when it comes to the name change?

TrueAnon

legendary

Activity: 1120

Merit: 1000

You can see the buy/sell whales manipulation walls for many weeks on MAID (polo), and some smaller ones on trex lol. So to me it seems they are accumulating until next big announcement launch then MAID will fly in price (no idea how high but I think x3 to x5 is easy guess). If more then hey great.

At least it seems like good coin and legit / solid devs and development, so I hope/think it deserves big price hike in due time.

fuze0000

hero member

Activity: 518

Merit: 500

Enjoying the ups & downs of Cryptocurrency!

It is wise to buy MAID on bittrex?

If I do pick up MAID on bittrex what will I have to worry about when it comes to the name change?

mamamae

legendary

Activity: 1188

Merit: 1001

you are right i'm a dreamer nonsense is my bread but thanks to that
you made me find this https://cyberduck.io/
it will be very useful

mishax1

legendary

Activity: 2898

Merit: 1017

Can't believe I keep logging in to read these kind nonsense.. what a waste of time Roll Eyes

mamamae

legendary

Activity: 1188

Merit: 1001

you better make a loud alarm to hear the start , i think a 100 x increase in price will be enough
to be heard.

gadado

hero member

Activity: 965

Merit: 515

Quote from: zeeman on February 16, 2016, 04:20:15 AM

Safecoin isn't implemented at first. This will take some months. When the Farming starts (with Safecoin live)

So no farming for months. My interest just vanished.
Wake me up when safecoin goes live pls.

mamamae

legendary

Activity: 1188

Merit: 1001

MAID is literally - will be an encrypted new internet for all , so anything that is online now will be on MAID safecoin system but with real data encryption and your password will only be know by your pc so not sniffed, the coin will be farmed putting hd space like SC is doing more or less but without contracts,
SC is great but is a step under what will be storj at least for now . So as i see it valeu will be
MAID -> storj-> SC
Right now the value of the market are indicating that SC and storj are moving . MAID is the future
as decentralized provider.

zeeman

hero member

Activity: 598

Merit: 501

Just think of Safenet (the network) like this:

You install a client, just like JAVA it runs when you start your computer
A map is created on your desktop just like "Dropbox". It gives you cheap storage paid for with Safecoin
At the same time you can surf safe:websites or websites that end on .safe in your browser
People can create an address in a DNS (decentralized) like safe:yourwebsite
You can log on to the system using a username:pass and PIN. Once done, you register a unique profilename for the whole network
You can send someone some Safecoin by just using that profilename. No long addresses like Bitcoin
All data on the network is Self_Encrypted and split into chunks. When you download something your client put it back together.
People can run a Vault where they offer disc space to the network. When chunks out of your Vault are requested you can earn some Safecoin out of the network
There's a messenger App in the system as well. You can chat fully encrypted with peers.
There will be a so called App launcher where people can build Apps that use Safenet as the backend.

These are a lot of big ideas. When the MVP (Minimal Viable Product) is launched we probably can:

Visit safe:websites or websites that end with .safe in our common browsers
Put your own HTML website online and register a URL in the DNS (Decentralized Naming System)
Create an account on the network with your own username:PIN:pass
Register a profile name for use on the network
Use the messaging system
Store up to 1GB of data

There are some big warnings in the dev-update. Your stored data might get lost, they might take the network down for some time due to bugs. New binaries might be forced to re-join the network again. This MVP is just to test the software and see how things work on a bigger scale. Safecoin isn't build in the system right now. This will happen when the network is stable. They'll create a new sprint to add Safecoin to the system and they might even start with "test Safecoin" to test out the Farming system.

Very interesting times are coming. Expect a lot of testing, some bugs etc. Feel free to join the group that already has their websites ready for launch. It's like the beginning of the old internet all over again.

Jocuserious

sr. member

Activity: 1936

Merit: 290

Quote from: hexagram on February 17, 2016, 09:36:35 PM

Anyone know the time estimate until MAID is at the level of functionality and usability as SC now? Also what are the major differences between the two? Both look very promising to me but I'm a n00b.

It's actually not a fair comparison to either project.

For one, a lot of people are harping on the time frame for Maid since the crowd sale. They rewrote the code into Rust creating efficiency. That should be common knowledge and a given; the only other project that uses Rust, that I am aware of, is ETH...and I am unsure that they were using it before Maid (Maid was using it before Rust's official launch - My twitter feed exploded on that day and I only subscribed to Rust relevant people because of Maid).

SC isn't bad. But their scope isn't the internet nor is it beyond that of Storj. That is a better comparison. Give props to the SC team for what they do - they deserve it. But they aren't a Maid competitor. No one is. Not even ETH. Maid is a niche project that happens to be really ambitious and I am okay with waiting to see what they do. They're inventing something. And the market can do what it wants but they are miles ahead of everyone in what they are trying to create.

I'm already expecting things for summertime. They should take all the time they need.

You're comparison of SC to Maid is unfair to both projects.

Jocuserious

sr. member

Activity: 1936

Merit: 290

Quote from: pookielax31 on February 17, 2016, 04:57:23 PM

Quote from: TrueAnon on February 17, 2016, 03:31:07 PM

Quote from: pookielax31 on February 17, 2016, 03:02:17 PM

So how will the MVP work if you dont mind me askin?

uhoh...whale-sharks are circling...... Cool

not really... just wondering

Your reputation proceeds you.

hexagram

member

Activity: 81

Merit: 10

nosce te ipsum

Anyone know the time estimate until MAID is at the level of functionality and usability as SC now? Also what are the major differences between the two? Both look very promising to me but I'm a n00b.

pookielax31

sr. member

Activity: 462

Merit: 500

Quote from: TrueAnon on February 17, 2016, 03:31:07 PM

Quote from: pookielax31 on February 17, 2016, 03:02:17 PM

So how will the MVP work if you dont mind me askin?

uhoh...whale-sharks are circling...... Cool

not really... just wondering

TrueAnon

legendary

Activity: 1120

Merit: 1000

Quote from: pookielax31 on February 17, 2016, 03:02:17 PM

So how will the MVP work if you dont mind me askin?

uhoh...whale-sharks are circling...... Cool

pookielax31

sr. member

Activity: 462

Merit: 500

So how will the MVP work if you dont mind me askin?

poornamelessme

hero member

Activity: 1204

Merit: 509

Quote from: pookielax31 on February 17, 2016, 12:17:58 PM

So when is this release supposed to take place?

Scheduled for Feb (so within 7-10 days or so), last I read.

pookielax31

sr. member

Activity: 462

Merit: 500

So when is this release supposed to take place?

Topic: [ANN] IPO of MaidSafe: Entering the Future of the Decentralized Internet - page 94. (Read 579765 times)