MaidSafe: The Bitcoin of Data

Date and time: Sunday, August 31 from 6:30 PM to 9:30 PM

Location: Bitcoin Embassy (3485 Boulevard Saint-Laurent, Montreal, QC)

RSVP here:

This meetup is a practice for the MaidSafe conference (which will take place in a few months).

The presentation is targeted at developers who are familiar with bitcoin and blockchain technology.

I will explain the main parts of the Safe network.

  1. Self-encryption - A mechanism to obfuscate and encrypt data on the SAFE network in a very secure fashion.

  2. Autonomous network - A network that is able to self manage, store and manipulate all network data and communications in a manner that requires no human intervention.

  3. Self-authentication - A mechanism that enables users to create accounts on the SAFE network and login from any computer without the need or knowledge of third parties.

We will also talk about the article “Opting into transparency” that was recently published on the MaidSafe blog.

“One of the biggest misconceptions about the Safe network amongst those interested in bitcoin is in the tendency to assume it’s based on blockchain technology. In fact, the two technologies were developed simultaneously. By the time Satoshi had released the bitcoin whitepaper in 2009, David had already been conceptualizing and iterating on his own ideas for MaidSafe for over 2 years. However, this isn’t to say that the two technologies aren’t related, especially in the understanding of the importance for decentralized consensus. Their basis for sustainable and resilient systems might as well be solving the same problem but it is the method which makes the two protocols very distinct and achieve complimentary solutions.”

You can read the rest of the article here: Opting into transparency | by MaidSafe | safenetwork | Medium.