Debasement still gets you
Fair enough, though I guess Arweave is a closer comparison, due to permanent storage & web sites being possible.
I donât know much about Arweave other than this. I expect it doesnât offer the Scalability and transaction capacity of the Safe network, but I guess it could also claim to be a âdecentralised internetâ?
Iâd like to see a detailed competitor analysis of the closest competition.
Exactly.
I get that this project is perceived through the lens of crypto, but itâs in the wrong category to be sure.
It is so much more.
When all is said and done, I think the crypto market will look small and meaningless in the networks rearview mirror, so to speak.
Because people have tendency to compare with something, and this is nearest
I couldnât agree more. We need to get out there and we also need to get a comparison table (or equivalent) nailed. Once weâve the WP and new brand live next week, weâll be much more attentive to the level of awareness and understanding regarding what this is all about
The following is a great resource. Would love to see this and the associated infographics updated.
I donât think those deposit guarantees have ever really been stress tested. Not on a huge scale.
My thought is that web3 is a overloaded term meaning different things to different people, even the experts do not fully agree on what it is and crypto has hijacked it too.
Whatever Safe will be rebranded to it will be the equivalent to safe1 (my opinion ). Being so much more than just a replacement for âwebâ, or âstorageâ, or communications, etc.
Hello Gang, Greetings!
Quick question⌠I see some messages on this forum that there is new safe coin that will be launched. I am wondering what that means for folks who hold the old classic maidsafe coin? Is there any action required to convert to the new coins?
Thanks in advance!
If you are holding then no change. You will get the 1:1 exchange to the network token. eMAID is a ERC20 coin for those wanting to do trading
Oh got it. Thanks for clarifying!
Should the price of MAID and EMAID be different? I see 10% difference in live prices on coinmarketcapâŚ
MAID is barely traded and only on exchange that isnât reliable and high w/d fees. Doesnât take much to drive price up or down there.
In my opinion the true value is what eMAID is trading for
The price differential makes little difference as arbitrage is extremely inconvenient. Its down to the market conditions on the day on each exchange and ~10% differential is to be expected.
At the end of the day as @neo says both MAID and eMAID will be exchangeable 1:1 for the actual network token SNT. @mav is working hard to develop a smooth secure automated process for the exchange of MAID and eMAID to SNT â Though it will NOT be known as SNT after network launch, the actual token ticker name is being kept under wraps until the big day to prevent the name from being hijacked.
If you are hodling as 99% of folks are then you dont need to do anything.
Has anyone performed the calculations for what SNT would be valued at if it hypothetically took over a major portion of the crypto market? Letâs be real - is there really any purpose for doge, filecoin, internet computer, ripple, and most other crypto 5 years post launch??? Disclaimer: This is just a personal thought experimentâŚ
Yes. We should rebrand to web 4.0
Pretty sure Ripple is the chosen one.
If yourâŚ
Implementing a scalable, secure, and sustainable Central Bank Digital Currency that meets the high security standards of Central Banks
So you want to limit perceptions of safe to web access. Safe actually is returning to multiple access protocols but in a more singular form where storage, web, mail, etc is all just a XOR address away (and names when name resolution occurs)
Web x.y in terms of Safe diverse access has gone up its own backside as far as I am concerned.
In other words Safe is now applications accessing the network which was what the original network was intended to do and the web concept developed so long ago was meant to just be one of the many ways to use the internet, and while its still possible using the other protocols, it is extremely underutilised.
So rather than limit Safe to what was only ever meant to be a useful addon to accessing the information on the internet, lets make it clear Safe is so much more than just web.
My opinions of course and from one around when the network was mainframes networking to each other and only a small few too.
I made this comparison for price analysis as most in traders are going to make this comparison (turtles all the way down for sure), but until Safe proves to the mass of crypto-traders that itâs more than decentralized storage (which may take a couple of years), then this is going to be the obvious comparison.
Web
Personally i think it is an absolute joyous miracle not only that the company survived financially but also that you had the strength and tenacity to keep the dream alive.
So perhaps âinternet 0â or âthe internet as it was always meant to beââŚ