Decentralized Internet Project MaidSafe to Raise Funds via 'Safecoin' Sale
Starting tomorrow, decentralized Internet platform builder MaidSafe will hold a crowd sale of currency-like tokens called 'safecoins' to support its enabling software. MaidSafe, over seven years in development, aims to create no less than a fully peer-to-peer and decentralised Internet platform, in which all data is 'shredded', encrypted and distributed to an extensive network of computers around the world. The technology allows developers to build applications in which all data is completely secure, private, and protected from deletion. During the initial sale, safecoins will be made....
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At this point in time, Maidsafe is still in the process of raising Bitcoin in their safecoin presale. Safecoin can be “saved” by sending BTC to their address, which will then guarantee you a certain amount of Maidsafecoin. Once the SAFE network is fully released (date still unknown) Maidsafecoins can be exchanged 1:1 with Safecoins. At that point, “farmers” will also be able to generate Safecoins by dedicated portions of their computers’ resources in a new breakthrough called “proof of resource.” For more information about the promise of Maidsafe, read their whitepaper. It is worth noting....
MaidSafe has recruited over 500 developers for its up-and-coming network launch, according to a press release released Friday. MaidSafe expects to start testing the network soon–a process that will last a few months. Project SAFE (Secure Access for Everyone) has been called the “Bitcoin for data” or the “Bitcoin for the Internet.” The announcement of MaidSafe’s rapid development, after last month’s crowdsale, could be viewed as another baby step towards a decentralized Internet. The developers span “many backgrounds, nationalities and interests” and have started crafting a variety of....
The MaidSafe project announced today it has 500 developers signed up to build applications for its decentralized Internet platform. This follows the project's successful crowd sale that raised $6m in its first five hours. MaidSafe has the ambitious aim of radically decentralizing all the web services that exist today, and is working on projects that include altcoin wallets, unlimited file storage and sharing applications, a decentralized music store, secure messaging applications and a decentralized altcoin and fiat currency exchange. The idea is that these services will be free, not only....
Students from Glasgow University’s computer science wing have initiated a research and development exploratory course with Maidsafe. Academic alumni will develop with the SAFE (Secure Access For Everyone) Network to create next-generation internet applications. After a Decade of R&D, University of Glasgow Students Will Explore the Maidsafe Network.....
The use of decentralized internet services like MaidSafe may prevent DDoS attacks like the one that happened recently. The recent DDoS attack on some of the major websites on the internet has renewed interests in the decentralized internet. While there are multiple initiatives concerning blockchain technology and decentralized network in development, the DDoS attack is expected to accelerate the process. The CTO of Golem, Piotr Janiuk has recently explained that by decentralizing the internet using peer to peer technology the chances of such attacks can be minimized. He believes that the....