Review on MaidSafeCoin by Syed Adnan
It has seen great public interest.
The company stores its data in a distributed way across the blockchain, which exploits the extra storage space and computing time provided by users.
Secure network is a new decentralized system of storage created by multiple users' shared resources on the system. So, building a huge decentralized network.
Security seems to be the primary priority. Secure network data is encrypted and broken into pieces that are distributed to users on the network. People who store data do not have direct access to what they store or are not aware of the data they are asked to save. However, if a person participates in the network by sharing their additional resources, they will be compensated for the SafeCoin token.
Pros
- It provides fully encrypted data storage and file sharing decentralized networks that are efficiently reliable.
- By connecting to network security, a user gains the ability to use the network anonymously.
- It has a distributed network that works on the concept of serverless data and therefore provides fast data transit.
- Furthermore, for the benefit of users, the network uses a scalable cryptocurrency that is free of transaction fees.
Cons
- Although it faces a bit of competition apparently the most prominent of them is Sia, which has earned the lion's share of marketing in the decentralized storage sector.
