Should You Invest in Maidsafe?
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MaidSafe is a company that is designing and implementing what they call the SAFE Network – a next generation decentralized and secure network.
The SAFE (Secure Access For Everyone) Network is a new secure and decentralized data management service that is built by sharing the unused computer resources of the individual network participants.
Kinda like Golem and storji
They have been around for over a decade. So they are no stranger. They have one of the best and brighest devs on their team.
Safe coin
crypto currency token that is in the heart of the SAFE Network. It can be thought of as the oil in the engine of the SAFE Network, and is used as a way for all users of the network to be compensated for the value they provide.
You can think of Safecoin along the ways that Steem Dollars or Steem Power works on Steemit, you get rewarded these for your contribution on the network
Safecoins are being distributed entirely automated with no human intervention by an algorithms. Only 4.3 billion MaidSafeCoins will ever be in circulation at one time and each coin will have its own unique identity. Furthermore Safecoins will be “recycled” when they are being exchanged for network services, so there will be a new supply of coins for users to earn.
SafeCoin offers a brand new algorithm known as, Proof of Resource. Essentially, proof of resource takes the bitcoin proof of work (mining) algorithm to the next level. While there are a few adjustments on how miners mine, proof of resource essentially uses miners CPU’s and regulates the Maidsafe network. The computing power is essentially being used for a higher purpose.
My name is Ameer Rosic, and I’m a serial entrepreneur, investor, marketing Strategist and Blockchain Evangelist
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