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MaidSafeCoin - the history of one cryptocurrency

2020-01-04

The first attempts to create the MaidSafeCoin network were back in 2006, but the full implementation of the project took place in 2014. The developers launched an ICO, with the help of which they raised $ 7 million. Founder - David Irwin. The company is registered in Scotland.

An alpha version was launched in 2016. During the test planning, the issue with P2P storage and other issues has not yet been resolved. The platform is focused on user and consumer feedback. In 2017, the Alpha 2 version was opened to the world.

According to the White Paper, four stages of development are planned. The creators made sure that all ideas for the development of the project were implemented on time. They are trying to make the MaidSafeCoin network faster, larger, with more opportunities so that more users can join it.

The MaidSafeCoin cryptocurrency project is supported by a small team of like-minded people. Initially, the efforts of specialists were focused on creating their own blockchain, which would expand the capabilities of the virtual currency.

About MaidSafeCoin project

Part of the Bitcoin system is the MaidSafeCoin cryptocurrency. The platform is based on the Safe network and various API-based applications. The goal of the project is Secure-Access-For-Everyone (providing secure access).

The open source network is distributed under the GPL license. Each user is credited with profit for the work done, except for 1%, which is deducted for the development of the crypto project.

The MaidSafeCoin token plays the role of a financial element and is able to stimulate network participants. Powered by a Proof-of-Resourses mechanism. The platform structure consists of such important components: client applications and a network shell. As a result, data transmission is carried out over a distributed system. The network can be accessed both from a regular server and from a decentralized node.

The operation of the MaidSafeCoin network is ensured by the presence of two participants:

clients - direct users who are interested in storing information;
nodes - represent the storage and temporary use of the network.
The process of obtaining resources on the network is called Farming. The information comes in encrypted form and is stored in the Safe network. Every file that enters the system undergoes cryptographic encoding processing. The data is divided into many pieces, which are distributed among the network nodes.

The internal currency of the system is SafeCoin - the coin can be stored on virtual wallets or on exchanges. Without an owner key, access to digital assets is impossible. With a different number of connections, the blockchain is loaded from a number of sources and ensures stable operation of the entire system.

Within the MaidSafeCoin network, there are two unique options:

self-encryption - files uploaded to the platform are split and encrypted separately (they are readable only for the owner of the information);
self-authentication - permission for your passwords does not need to be granted to a third party, since only the owner has access to them.
Safe decentralized network was created for free access by users, where they can store and share information, view it without the intervention of third parties and regulatory authorities. You can count on the safe storage of any data: messages, documents, graphics, videos. Different levels of interaction are used with other systems.

Connection to the MaidSafeCoin system goes through separate software products that are provided free of charge. On the network, you can create secure applications with any infrastructure. The data is encrypted for each client separately and secured with his digital signature.

The principle of redundancy protects against system overload. The same information arrays cannot be loaded twice. The crypto project is developing not only in the direction of leasing resources, but also provides convenience in working with applications and files. In a decentralized environment, licensed software operates that differs from the standard architecture.

The MaidSafeCoin network is programmed to continuously store duplicates of each dataset. The key component is their periodic movement - the location of information blocks is constantly changing and there is no single point available for hackers to act.

The MaidSafeCoin cryptocurrency network can become an alternative to any servers, be it imap, http, ftp, ssh. Client applications are built for a wide variety of purposes, and users are rewarded for supporting them.

MaidSafeCoin features

The goal of the MaidSafeCoin crypto project is to ensure data confidentiality for everyone. Fast and secure applications can be created using this platform. Cloud storages, programs for working with documents, multi-currency wallets, instant messengers, and databases can function on the basis of this network. Each user who is registered in the system gets access to the services presented.

The MaidSafeCoin network has everything a classic user needs:

thematic applications;
communication in social networks;
decent storage sites;
data sharing;
watching videos and evaluating music;
app stores;
chats and blogs;
secure mail services;
organization of free voting.
The MaidSafeCoin cryptocurrency is completely private and complies with all security frameworks. It was created as an alternative to the world wide web, but filled with reliable servers and resources. No one can copy or intercept the data. At the core is the Close Group consensus, which aims to manage groups. This does not violate the principles of decentralization and security of operations.

Advanced peer-to-peer technology is the core feature of the MaidSafeCoin network. The platform brings all digital capabilities together and provides a safe space to use. You can create an electronic storage on each computer, to the virtual account of which tokens will be transferred. The ecosystem is constantly expanding and provides an opportunity to earn money when creating an account.

The working information that is used on the network can be graphical, dynamic, static. Only the user can decrypt it by choosing the necessary management tools. There are no fees on the platform and instant transactions are carried out.

The main attention of the developers is paid to:

autonomy;
P2P transactions;
security.
The MaidSafeCoin platform is completely decentralized and can be used by developers to run updated applications. These networks are distributed and stored all over the world, but at the same time they are inaccessible for reading by anyone except the owners themselves. The system is protected from attacks due to the absence of central points of vulnerability. An important property of being distributed ensures that files are protected from any interference.

The MaidSafeCoin cryptocurrency allows you to access network resources. Coins are distributed automatically within the system. A limited number of persons for whom data security is in the first place can also use the network tools.

How is MaidSafeCoin created?

Classic mining is not available for the MaidSafeCoin platform. You can receive coin rewards through applications or for leasing digital capacities. The amount of payments varies depending on the relevance of the created application. Users can also receive payments for error hints in the system.

Is MaidSafeCoin Infinite?

The MaidSafeCoin token is not infinite. The project does not provide for mining. The maximum emission of coins is limited to 4.3 billion. You can use tokens both inside the network and outside it.

A wallet included in the system shell is used to store tokens. The network is fully functional and runs completely ready-made.

Strengths of MaidSafeCoin

When launching the MaidSafeCoin network, automatic authentication is provided. Client applications allow users to communicate with each other, while you can count on the confidentiality of information. The network does not use blockchains as data is recorded in separate files.

The MaidSafeCoin cryptocurrency has a number of undeniable advantages:

configures automatically;
no DNS control and censorship;
you cannot hack the server;
complete privacy and data security;
data safety without limiting the volume;
instant encryption of information, invisible to users;
the presence of a cryptographic signature;
safe use of the decentralized network;
protection against interception of passwords;
access is opened from any device, including weak PCs;
automatic data connection;
no access to other peoples data;
wide bandwidth with autonomous functions.
Basically, the MaidSafeCoin platform is a free network software that is available to any user after registration. A computer connected to such a network becomes a kind of electronic storage. It stores network files and applications protected by modern peer-to-peer technologies.

Anyone can connect to this cryptocurrency network. This does not require large-scale computing power. In a single global network, MaidSafeCoin coins are offered to users as a reward. By providing files and free disk space, you can earn tokens.

The MaidSafeCoin network is used as a repository for files and computing power. For calculations, the only virtual currency is used, which is charged to users taking into account many nuances. Tokens are circulated exclusively within the system, but they can be brought to another market, where they can be easily exchanged for the desired cryptocurrency. From the main profit, users need to deduct 1% for the development of the system. The network structure offers democratic terms of transactions, which are reflected in the effectiveness of each application.

MaidSafeCoin in TOP currencies

Investors immediately showed interest in the Scottish project MaidSafeCoin. The token entered the top of popular cryptocurrencies. The potential of the platform is promising - many experts agree on this. Analysts do not undertake to talk about the further growth of cryptocoins, but user activity allows them to confidently promote the project.

The MaidSafeCoin token was developing on the market without definite dynamics. He slowly but surely went up and traded at different prices. Listing of cryptocurrency on well-known exchanges with a confident trading volume is supported.

For many users, the MaidSafeCoin crypto project is interesting. It can give participants something that ordinary Internet does not provide - privacy, lack of a supervisory authority, secure use. Tokens are of interest to both an ordinary user and an investor. The financial mechanism on which the network is built excludes the possibility of inflation.

The future is behind the MaidSafeCoin network, as it has become widespread among different users. The developers constantly bring the project to perfection and contribute to its successful promotion on the market.

The structural network of MaidSafeCoin is fully secured and functions 100% confidential. It offers various options for storing electronic data, allowing each user to profitably earn. Due to its strengths, the cryptocurrency is confidently staying at the top and is not inferior to other altcoins.