About the possible existence of multiple SAFE Networks

[Sotros25]

@fredbone

Okay, you made me believe there will be many SAFE Networks, not just one. Where I try to follow up is how can we increase the probability current MAID holders are not screwed and are not forced to choose only one (possibly failing) network?

For some reason my original response to this topic was categorized elsewhere, so I’m going to repost it again:

@Sotros25

@DavidMc0

So I don’t think competition between similar networks would put downward pressure on price,

Once again, agreed. For this to not be the case would require that there are no economies of scale. The larger the network gets the faster, more efficient, and more secure it becomes. Those factors alone present formidable competitive advantage to rival networks.

@Dimitar

They are two separate networks. With separate safecoins. They don’t know about each other, but because they use the same types of data, I think it will be easy to import information from one network to another.

So are you planning to fork the Network? Perhaps SAFE has found its Roger Ver come Craig Wright.

@waveman352

So we end up with 100 different varieties of safecoins with various different supplies?

At best it would be like Bitcoin Diamond, Cash, SV and the litany of other Bitcoins that no one really trusts or uses.