Review on MaidSafeCoin by Eve Vallenilla

One of the most widely used platforms today are those that offer decentralized file storage and management services.

But this service sometimes presents limitations in terms of space availability and risks of manipulation by third parties.

As a result, alternatives have emerged in terms of smart storage solutions that are truly autonomous and without third-party custody or intermediation or controls. And most importantly, it offers security in the handling of private data.

One of these solutions has emerged from the hand of blockchain technology under the name of MaidSafeCoin.

MaidSafeCoin is a protocol generated by the virtual machinery of the SAFE network.

The SAFE network uses the MaidSafeCoin protocol for the operation of data and the management of applications related to the storage of digital content.

SAFE uses the virtual blockchain machinery to channel the routing of data in an unalterable and secure way in the block chain, guaranteeing protection against malicious manipulation by third parties of the information registered there.

How does the reward system of this data storage network work?

Users who participate in the network by contributing their available disk space capacity become farmers, and as such are rewarded for their work by allocating cryptocurrencies from the network.

These rewards are established by analyzing the reputation farmers earn during storage management or their operation as digital vaults. According to this analysis, it will be able to climb positions within the mining groups.

The farmer selection system is based on a competition, where whoever is selected can randomly aspire to SafeCoin.