tobbetj
December 26, 2023, 8:36pm
5926
“To allow distributed ownership of the network, MaidSafe will allocate 30% of the tokens on day 1 . The coins allocated are fungible, particularly in the form of resources as backers reach their required returns or simply trade the coins. This allocation of safecoin will allow two separate entities to be rewarded:”
Maid = 30% on day 1 at launch
30% * 3,3 = aprox 100 %
Maid = aprox 450
450 * 3,3 = 1480 = aprox 1,5 billion at launch. initial investors gets diluted aprox 3 x on day 1 or 200%
Version 1.4
## MaidSafe.net announces project SAFE to the community ##
#### 1. Introduction
Existing Internet infrastructure is increasingly unable to cope with the demands placed on it by over [2.4 billion](http://www.internetworldstats.com/stats.htm) connected people, a number that is predicted to grow to [3.6 billion](http://newsroom.cisco.com/release/1197391/) by 2017. Today's architecture, where central intermediaries (servers) store and provide access to data is expensive and inefficient. Data centres use between [1.1% and 1.5%](http://www.koomey.com/post/8323374335) of the world's electricity (growing at 60% per annum) and represent significant expenditure for data centre owners, providers and businesses, who all have to pay to host user data and maintain the infrastructure. Security of user data has proven to be nearly impossible in today's networks with almost weekly reports of ID and password thefts.
To overcome these challenges a fresh approach is required, a solution that removes these inordinately expensive central points of failure, data leakage and bottlenecks. By developing a fully decentralised replacement for all Internet based services, Secure Access For Everyone (SAFE) will ensure the decentralised Internet is a reality, enabling:
- Autonomous handling of structured and unstructured data types
- Private and secure communications
- Data shared at the filesystem level worldwide, no need for http, smtp, ftp etc.
- Highly encrypted and private data at rest and in transit
- The ability for people to self-authenticate onto the network and join anonymously
- A network resistant to man-in-the-middle attacks or IP address identification
- A network that requires no administrators or human intervention of any kind
- No requirement for forward planning using infrastructure that automatically configures around its users in real-time (no data centres)
- A highly usable and free API that enables a plethora of developers to create the next wave of secure applications not currently possible with today's centralised architecture
- An underlying crypto currency called safecoin that will incentivise all actors in this ecosystem
show original
This thread is a proposed revision of RFC 0061 based on one community member’s review of both the original Project Safe Whitepaper , RFC 0061, and a variety of discussions held on this forum between MaidSafe and The Safe Network community over the past 8 years.
The majority of the text is unchanged from that provided in RFC 0061, but there are in fact notable changes. Some of the revisions may be very subtle. If you care about this, please read carefully when comparing differences to prior propo…
What am I missing @happybeing @Josh @DavidMc0 how is it possible that you don’t you know that Maid only represents 30 of supply at launch, that early investors will be diluted aprox 200% at launch?
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