Review on MaidSafeCoin by francis fernandez
MaidSafeCoin (MAID): an autonomous platform that allows you to store your data safely and economically
MaidSafe is a self-contained digital platform; since it operates with its own technology and does not have identifiable nodes or blockchain in its infrastructure. This ensures the security of the data stored on your network.
The platform's native digital currency is MAID, present in the market since 2018, climbing the top 10 positions in the market. The mining of this cryptocurrency has a particular and unique course within the network. Its miners are known as farmers or builders.
The mining process is called Proof of Resources (P.O.R.) Farmer miners obtain cryptocurrencies as consideration for the unused resources of their computing equipment (storage, bandwidth and CPU) to operate nodes within the platform.
Instead builders are rewarded for designing open source codes used in creating functional applications within the network.
MAID has a maximum mining limit of 4.3 billion coins.
What is the functionality of this project?
MaidSafe offers users the opportunity to safeguard large amounts of data on the network in a comfortable, easy and secure way.
It also allows miners to earn income through the use of their equipment or collaboration in the development of decentralized applications on their network.
Information security consists of the use of a PIN and access code to access the stored data.
The storage process consists of dividing the files into pieces known as encrypted, through the use of applications and storing them on random computers in the Safe network. Said pieces are unreadable to another user other than the owner of the file.
Pros
- It is compatible with Windows, Linux, Apple and Android systems.
- Offers privacy and security to safeguard data in the cloud.
- It allows miners to earn income from unused components of their equipment and developers to participate in the creation of applications
Cons
- There are no disadvantages in using this platform.
