Safe Network Dev Update - February 11, 2021

My first Safe site is going to be a list of cheese names that make good puns. Will be incredibly useful I think and not available on the Oldnet.

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Grate idea.

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Couldn’t a testnet be released with some centralization to begin with though to prevent that? I.e. request limits by IP, proxy through a central maidsafe server, filter out bad actors while known issues are patched. Sure it’s not a finished product but at least then developers can start building apps on available testnet/apis. This would no doubt drive even more collaboration/PR on the codebase as devs invest time & energy into apps.

We shouldn’t let perfection get in the way, much more important to have iterative improvements on a current release than trying to release the whole lot in one go. I do understand fully though and am not taking away the facts that rebuilding the internet is no easy task. It’s going to take time, but may as well try to grow a massive developer community meanwhile to accelerate on all fronts.

Diamond hands Maidsafe hodler since 2014…

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I don’t think the testnet will be perfection. Just the minimum standard

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Thank you for the heavy work team MaidSafe! Shake the World!

I add the translation into Bulgarian in the first post :dragon:

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It was already. I was moderator when it occurred and I helped hand out invitations codes needed to setup an account on the network.

The API has changed a few times already and frustrated the ones that were actively developing apps. Parts that will be needed for API to be fully functional are still being implemented/refactored, etc.

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Technically this could also happen with the next release as well unless there was a real economic constraint (like you need to spend or hold MAID to upload data).

I think using MAID to align incentives would be a more decentralized approach in keeping with Safe’s principles. It would also give MAID more concrete utility at this time as a proxy for Safe Network Tokens.

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The way the network operate when it was filled full of garbage data was all you had to do was signup for an account and you were instantly given a certain amount of puts. The person created a script to create accounts and then max out the puts. The next iteration isn’t going to give free puts away like candy and will be much harder to exploit in that way.

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This project never guaranteed fix timeline from genesis. That means no one knows when it will be released even team members. And that is great software development. No one can predict when the art of coding is end. Because it is mathematics. I know that I bet this.

If you want to join a spot profit game from fake liquidity bull market. There are plenty of coins out there. And you can trade them with maidsafe at anytime. What is problem ? If you want to bet on Maidsafe, you should wait until it goes on.

P.S The price of Maidsafe coin is 0.4 dollar these days, and how do you lose 300,000 ? The historical highest price is 1 dollar. Very interesting. And Maidsafe coin is made 2015 or 2016, so how do you wait this project over 15 years? :thinking: Do you flow this project before coin generating ?

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David has been working on the Safe Network since 2006. 5% of all tokens are reserved for its first investors. Another 10% were sold on April 22, 2014 as MaidSafeCoins.

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I know but how do you calculate 300,000 dollar loss from that? Please explain me.

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You can’t. Hyperbole is the kindest word

Just to add, we can run local networks for development. However, the APIs are still stabilising and we still need proof that the network can be stable in the wild.

Hindsight is a great thing though. It was useful at the time to see the browsers (desktop and mobile), chat apps and so forth running on the network. There were some nice browser apps to try too. That proved some good use cases.

It also proved people could connect to the network, self authenticate, share files and so forth. We’ve also had test safecoins to play with, proving payments can be made quickly and easily. Great steps forward too!

So, now we have the last big one. Can the underlying network be stable? The team is working on that as a priority. We know the rest are solved issues. From this perspective, we are closer than ever.

I know it is hard to wait. The team are doing great work, pushing out more code than far bigger teams. The quality of it is great too.

I know it feels like it has been around the corner for a long time, but it really does feel like we are close to a proven stack. Then it is a case of back filling the gaps to get the older proven bits up to speed again. Maybe that is something the dev community can help with too, especially once the core looks stable.

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I did the same in my past community networks: invitations/keys to put data in the network where distributed by @neo and @traktion and these networks died for other reasons:

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Yes its getting to that stage where we will know once and for all. My finger nails are all gone. I’m going to try and stay off the forum for a while and get a big surprise when I log back in

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This got a lot of flack (granted it’s not super constructive, but I digress) but this comment is an important window to the mind of much of the outside world. It re-iterates challenges we’ll need to overcome, sure, but it’s not something we don’t already know on some level. If we get overly defensive, it may only serve to validate our own insecurity about the claims.

In any case, I’m gad to see this is your first post in 3 years, so at least there’s enough interest being generated right now to warrant your engagement. Thanks for the comment.

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I don’t see it as an issue but an irritation which we need to sooth now and again so it doesn’t become a running sore.

Once there’s working product this will cease to be a negative, and the fact this took many years to develop is a positive, reflecting on the dedication, difficulty, and the amount of work which has gone into this. All plus points from an outside perspective IMO.

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This is a very funny logic when you write it out so clearly like that.

Imagine I went back over all the money I’ve spent on foolish things over the years, added it all up, and then calculated how much I would have made if I’d invested every penny of that instead into something which, thanks to the magical superpower of hindsight, I can see now went up in value very very much.

It’s less a criticism of MaidSafe and more a self-criticism for having not invented time travel, in reality :roll_eyes:

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It’s a common investor mistake to think if only I’d done X I would have made Y, and to forget times you would have lost. It’s something to do with how we react emotionally to winning and losing, risk and reward, having acted or not acted. Traders must I think learn about this, develop strategies and rules to counter it in themselves and exploit it in others. In my experience it’s very difficult to do this.

I have learned that whatever happens there’s nobody who is responsible for the outcome other than myself, and that has proven a useful thing to keep in mind because it prioritises learning over complaining, or feeling like a victim, getting depressed etc. It also helps you to give yourself credit for gains, recognise your successes even when you sell too early or buy too late etc.

My son recently got interested in investing and the first thing I said to him was there’s never a bad time to take a profit. I can remember the first time that paid off for me. My partner and I had bought some BT, it rallied and my partner scorned me for selling my holding at a good profit within a few weeks, because the share continued to rise after I’d sold. She held, and then it plummeted. I could have made a bit more I’d timed it perfectly, but I had a profit and she was holding an unrealised loss. That helped re-enforce the lesson.

I also have to keep reminding myself that you almost never time things perfectly - because psychologically or emotionally that’s not how we think!

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Its not that funny if you consider Bitcoin to be money, and it was the form of money most people used to make the purchase of tokens.

In that case the value of Maid has gone down a lot; sure its gone up in another form of money, but that wasn’t the form of money people used to buy Maid with so its not really relevant.

This is why economists think deflation is so very dangerous: if the value of money is constantly rising then pretty much every investment or purchase beyond your absolute minimum requirements is a bad idea, so people just stop spending money when there is deflation.

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