MaidSafeCoin (MAID)

INFO DETAILS
Created Jun 2014
Coin Proof Proof of Resource
Algorithm Self-Encryption
Supply 452,552,412

MaidSafeCoin Info

The SAFE network can validate nodes and their value to the network in a very accurate and cryptographically secure manner.

The SAFE project will use this to create a proof of resource which has some significant advantages.

The resource in question is a computer's ability to store data chunks, which depends on CPU speed, bandwidth, disk space and on-line time, amongst others. This allows the proof to be a useful, measurable, and an immediately verifiable entity. Proof of Resource is a very efficient mechanism as its cost is very minimal.

Additionally, as a fully decentralized network, the SAFE approach allows transactions to be made and confirmed at network speed (under a second in some cases). This is due to a distributed Transaction Manager as opposed to a blockchain. - source


MAID
MaidSafeCoin
% 1h
0.20
% 24h
3.33
% 7d
13.09
USD
0.240
BTC
0.0000373
CNY
1.64

Latest Tweets

MaidSafe's Twitter avatar
MaidSafe
@maidsafe

Calling all Londoners concerned by the overreach of Internet giants! We are hosting a #SAFENetwork meetup at… t.co/itVvFoVuTr

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