Topic: Maidsafe - page 6. (Read 9450 times)

So who's going to be the guy to start minting the physicals?

I am waiting to see my Safecoins in my Mastercoin protocol. It was a gamble, and it isn't over yet.

Genius scammers. Unbelievable.

They planned in advance to pump&dump Mastercoin to make even more money.

Anybody knows what is happening? Why maidsafe don't list the mastercoin address  1ARjWDkZ7kT9fwjPrjcQyvbXDkEySzKHwu anymore and continue to list only  the bitcoin address  1KHfLixa2idRnZXMUfEisBati1vpywaH6E  for fundraising?  Have they problems with the particular address due to traffic or something like that or could it be something "bigger" than that ?


PS until now (2 hours) they received about $1.200.000 only from bitcoins*
I suppose they have get more from mastercoins due the best deal for fundraisers...

PS2 After they taked the mastercoin address out MSC price has dropped from 0.17 btc to 0.09 btc !!!

* https://blockchain.info/address/1KHfLixa2idRnZXMUfEisBati1vpywaH6E?offset=0&filter=0

How is that "proof of resource" thing supposed to work? Bandwidth, storage space etc can easily be spoofed or faked. Only computing power cannot be tampered with, as at the end of the day it is the consumption of pure entropy.

If they really have found a way to reach a consensus without the need for burning CPU cycles, and without fragile proof of stake / web of trust approaches, then indeed that might turn out to be a Bitcoin killer.

Okay, so Safecoin is the new altcoin. I still don't know how this topic is related to Bitcoin discussion.
Besides all, MaidSafe name is a bad choice, they need to rename it.

MaidSafe is/will be a decentralized Internet. They are/will be starting their own cryptocurrency called Safecoin. Only the future will tell if what they are doing will work or not.

Isn't it some kind of altcoin discussion?

I agree with the potential for most of what you say. However, if they happen to be altruistically minded, the benefit they offer will be tremendous, if they ever get their coding/scripting done so that people can use it.

We all need to keep whatever programming we design, cached/saved on our own computers. Then, in the future, if Maidsafe turns out to be a bunch of greedy dogs, all we need to do is go back to the old way we did it.

As dirvine said above, "None of the sale is founders shares, proceeds will actually be used to create competitors to MaidSafe itself, which is unusual but very important we feel." So, if the ability to fork MaidSafe is NOT allowed freely in the future, and if, as he said, "... we are in talks with CODA about an IP pool to protect all decentralised apps," is not something that is to be applied to the public domain, we will all see it before we get a long way into using the MaidSafe protocol, and we will abandon it.

The potential benefit is great, while the dangers are limited by our vigilance.



EDIT: True, MaidSafe could DECLARE that the patents are in the public domain with signed paperwork to that effect.

As the network will become centralised, it will be possible to know which chunk come from where and maybe access some data.
Also data could be simply deleted and lost.
Any network involving cryptocurrency become centralised because of the competition for money.

I've just seen this :
The MaidSafe Foundation, a registered charity, actually own the patents.
In order to use MaidSafe, you have to trust The MaidSafe Foundation who is simply the MaidSafe staff.

It is against the idea of decentralized and free Internet. MaidSafe aim to replace Internet by making it centralised. This is absurd.
MaidSafe will have access to your data any time, will be able to sell it and I think they will do as they are greedy as hell.

Maidsafe is an interesting project. I think it will excel in an area where freenet fails: Accessibility and usability. Installing and configuring freenet is a quirky process. Also maidsafe provides a more flexible and generalized platform for applications than freenet.

Of course a good idea is not necessarily a good investment. A the moment without a finished product valuation seems rather ambitious.


ya.ya.yo!

Thanks! Yep I sent my btc in maybe 5 minutes after the address went up- it was at $80,000 then now its over $1,050,000 0_0

While it may well be a scam, it is possible to be decentralized because of the chunking, and the passwords being located only on your computer. In addition, it is unlikely that all the nodes will wind up in some central area. While many of the nodes might be centralized, the whole thing will be located on many times the 13 root servers. Parts of it will always be located on lots of little home computers located all over the place. Will the centralizing that will inevitably happen be enough to overcome the separate nodes of all the little home computers? Even if it is, there should be enough to keep the Internet decentralized. And because of the chunking, the only advantage that the centralization might have is to be a complete on/off switch, rather than a blocking of particular websites or email services.

For the people that don't understand, it is very likely to be a scam :

The idea of paying for a decentralized peer-to-peer Internet is totally contradictory. If you get money to run nodes, then you'll inevitably end up with centralised nodes !

The fact that this copy of freenet omit to quote freenet and claim to be a new idea is the proof that MaidSafe is highly dodgy.

It could also be a manipulation to pump the price of MasterCoin up as the price per MSC is fixed.

It is: 1KHfLixa2idRnZXMUfEisBati1vpywaH6E

Verify on the website before sending.

Rule number 1 : Never talk about freenet
Rule number 2 : Never talk about freenet
Rule number 3 : Never talk about freenet

So I'm on http://www.buysafecoins.com/ with my bitcoins ready to invest but there's no btc address 

This thread will probably be relocated by the forum administrators.

MaidSafe is about encrypting the whole Internet in such a way that your password never leaves your computer,

decentralizing the Internet by eliminating the need for the 13 root servers worldwide,

letting average people donate bandwidth and disk space to make up for the loss of the 13 root servers,

paying the donators in Safecoins,

splitting data up (chunking) in such a way that there is no centralized "place" for websites or even longer emails,

yet letting you control your whole chunked website and Internet info via passwords, etc.,

allowing free apps to be built on top of the MaidSafe protocol, like a new Youtube, Facebook, Dropbox, etc.,

accepting payment only when your apps make money,

on your honor for the payment.

Personally, while I intend to invest, they have received several $million already, but they do not have any of their REAL program/protocol available yet. And all that in 8 years. With the advent of MaidSafecoin (precursor to Safecoin), they will receive several more $millions in value. Until we see results in some form of protocol, they don't seem to have anything of value outside of the idea and the patents. So, I DO have question.

This is something like any investment. One never knows about a penny stock, but many of us invest anyway. MaidSafe will be entirely separate from Bitcoin, and is somewhat different from anything else out there. Yet it has aspects of all the others. Investing in Bitcoin in the early days was a risk. Many people still think Bitcoin is a scam.

MaidSafe is claiming that the patents don't limit anyone from building and using the protocol on their own. In fact, they seem to be encouraging others to do it and to do it better. The patents are only there so that nobody else can patent it and use the patents to stop MaidSafe.

Correct me if I am wrong.

Maybe because the name is pretty dumb. Can you imagine if the next version of the Internet had the word "maid" as part of its name?