Review on MaidSafeCoin by Toprak Dere
About MaidSafeCoin
MaidSafeCoin acts as a token for Safecoin, a decentralized currency for a decentralized network. Think of it as a sharing economy, but for your digital resources. MaidSafe is the company that developed the SAFE network to save the world from the dangers of centralized data storage. The best case in the current paradigm is when companies use your data to better target you to advertisers.
MaidSafe may seem like a strange name at first. But actually the Huge Array of Internet Disks means Secure Access for All.
The MAID Coin network works autonomously and decentrally. It is not a platform where network servers, owned storage locations or identifiable nodes come together; It does not contain a blockchain either. In the Safe network, people do not determine the cost of network services, the network constantly changes prices (costs) depending on available resources and user demand and keeps them at the lowest possible level.
The SAFE network is still in its infancy. However, it is clear to see the possible benefits if they succeed in their duties. Undoubtedly, there will be a demand for decentralized data storage, anonymous browsing and personal information management. Our private data would no longer be stored on corporate machines or governments to spy on all communications. The SAFE network returns the power of the internet to people, paying with Safecoin, not personal data.
Pros
- MaidSafeCoin is the world's first autonomous data network platform
- As Maidsafe progresses along the roadmap and releases new features for the SAFE network, we should hopefully see an overall increase in MaidSafeCoin value. Once Safecoins are launched in the SAFE network, you may see an increased demand for MaidSafeCoin as well.
Cons
- not listed in most exchanges
