I don’t really write much on this forum, I am primarily a reader. I would be remiss though not to express my complete appreciation for all the work done over the years. I was an original investor and always considered it a long shot. Even though I know we still have a long way to go to get to a point where people are using the safenet work as their default solution, the fact that this dream is still a live so many years later speaks for itself.
I could literally sell all my maidsafe right now and get an 8 or 9x return (it is hard to remember exactly where we ate) but the possibility that this turns into something larger than individual wealth is what keeps me checking in on a daily/weekly basis.
So whether we are a few week away or several year, I just want to commend the team for all here work and as I’m sure they know, if they are successful the will make a larger impact on society than any CEO or world leader could possibly imagine.
Best wishes to the team and we are all counting on you. (No, we are not calling you Shirley).
We’ve seen via the previous long running test net that the file storage infrastructure works and can be used to store and retrieve data, as well as support apps ranging from web pages to currencies to email. But it wasn’t decentralized.
The most major point of this next test net is to show that the network works. It has refinements to the data model and UX, but those have worked in principle for a long time. What we need to know is that 1) The network can self organize and regulate. 2) The network is secure against malicious nodes 3) The economic model works 4) Performance is inside acceptable bounds. We have strong evidence for 1) and 2) is theoretically covered as well. We also have strong hints as to how the performance will ultimately look. This network will prove 1 and 2, and allow the first serious in depth evaluation of the economic model and real world performance.
Hey Bittog, checked out Start9 Labs, it’s a cool idea for a product, I hope they do well, If Safe works the way it is hoped, there might be no need for their server-over-tor type box they’re selling, if I’m understanding it well enough after a brief look. Very roughly, signing in to the Safe Network would be as good or better than turning on the box to connect to the internet.
But if they don’t need to make it, that’ll maybe free them up to work on some other problem and not be a bad thing in the long run.
@patrik1939 Close is a relative term but a public multi-section test net is close. It sounds like there will be another test net similar to the last but with bug fixes and improvements that will be public but once they integrate the dynamic membership using the BRB crates then it should effectively prove the first iteration of what will be the future foundation of a live Safe Network. It will be bare bones and lots of fixes I’m sure and it’s been mentioned that the store cost calculations/safe economy stuff will require tweaks and focus after that.
So when I say close, I don’t mean beta and I don’t mean next week but I do mean soon™ a public network should handle connecting/disconnecting nodes, age the nodes to promotion events, section splits, handle transactions, charge for data upload, reward farmers, persist data, all autonomously.
I could literally sell all my maidsafe right now and get an 8 or 9x return
Presale tokens? I’m keeping track. In USD terms it’s around a x15 return, but in BTC (what I invested) it’s a much different story (5x loss).
Anyway, just like the ETH presale, I didn’t see it as a financial investment. Was just following the projects I wanted to see succeed. Much like today.
It’s interesting isn’t it? If folk had a 15x gain in any other space, they would be jumping for joy. However, when they see they could have got 100x through something else, they get pissed off. Human nature, I suppose - greed and jealousy is in all of us.
The technology will be awesome regardless. Some things are worth sacrifices. In the long run, perhaps missed opportunity cost will be recovered too.
