Post Date: 2018-7-12
Safe Network is the single most expansive and ambitious network software project since the creation of Arpanet by the United States Department of Defense which led to the internet we have today. There are probably many ways in which Safe Network can be defined. This is my attempt to simplify to an average user what puts Safe Network ahead of basically every other technology in the crypto space. There are many technologies that compete with some aspects of Safe Network but nothing that competes with it as a whole.
Speed: 10s Million Tx (scale with node quantity)
- Outperforms the following technologies (consensus algorithm only, too many CCs to list)
Blockchain - Proof of Work: Requires Clustering and Sharding for scalable competition
BlockWeave - Proof of Access: Requires Clustering and Sharding for scalable competition
Blockchain - Proof of Stake: Requires Clustering and Sharding for scalable competition
Blockchain - Delegated Proof of Stake: Requires Clustering and Sharding for scalable competition
- Competes with BlockDAG (Directed Acyclic Graph) derivatives (Actual CCs listed)
Hedera - Hashgraph (BlockDAG)
Byteball - (BlockDAG)
IOTA - Tangle (BlockDAG)
Radix - Tempo (BlockDAG + Temporal Proofs)
Open Source: Yes
- Outclasses the following technologies
Hedera: Hashgraph (BlockDAG)
Fully Decentralized: Yes
- Outclasses the following technologies
Blockchain - Proof of Stake
Blockchain - Delegated Proof of Stake
Tangle: IOTA (BlockDAG): (Iota planning to remove Coordinator Node, timeframe unknown)
Integrated Privacy: Yes (core Technology, not apps)
Integrated Anonymity: Yes (core technology, not apps)
Automatic Consensus: Yes
- Outperforms the following technologies (This is debatable because some like involvement, I'm lazy)
Blockchain - Delegated Proof of Stake: (User picks respected validators through community polls)
ASIC: Not Required
- Outperforms the following technologies
All Blockchains: Very few are ASIC resistant and not worth mentioning
Hardware Range: Win/Linux/Mac PC, (Win/Linux SBCs & cell phones Planned after Alpha 4)
Energy Usage: Low
- Outperforms the following technologies (consensus algorithm only, too many CCs to list)
Blockchain - Proof of Work: Very High
BlockWeave - Proof of Access: Medium
Blockchain - Proof of Stake: Very High
Blockchain - Delegated Proof of Stake: Very High
Blockchain - Proof of Stake/Work + Sharding: Very High
- Competes with BlockDAG (Directed Acyclic Graph) derivatives (Actual CCs listed)
Hedera - Hashgraph (BlockDAG)
Byteball - (BlockDAG)
IOTA - Tangle (BlockDAG)
Radix - Tempo (BlockDAG + Temporal Proofs)
Integrated Encrypted Cloud Data Storage: Yes
- Outclasses the following technologies/services
Sia - Blockchain - Proof of Work: Not Integrated Solution, Too Slow
Storj - Blockchain - Proof of Work: Not Integrated Solution, Too Slow
All BlockDAG/Weaves: Storage at scale capability not present
Dropbox: No Integrated Zero Knowledge End-to-End Encryption
Google Drive: No Integrated Zero Knowledge End-to-End Encryption
Box: No Integrated Zero Knowledge End-to-End Encryption
Amazon AWS: No Integrated Zero Knowledge End-to-End Encryption
Microsoft Azure: No Integrated Zero Knowledge End-to-End Encryption
- Competes with the following Services
Spideroak One
Tresorit
Integrated Encrypted Cloud Computation: No (Planned After Alpha 4)
- Outclasses the following technologies
All Block:chains/weaves/DAGs (see exception below): Process too slow or unavailable
Most Cloud Rendering Services: No Integrated Zero Knowledge End-to-End Encryption
Microsoft Azure: No Integrated Zero Knowledge End-to-End Encryption
Amazon AWS: No Integrated Zero Knowledge End-to-End Encryption
- Competes with the Following Technologies
Golem - Ethereum(Ethash) Network, Blockchain - Proof of Work
Application Building Simplicity and Accessability: ??
-Outclasses the following technologies
?
- Competes with the following technologies
?
Technological Readiness Levels (Current Market Viability): 6/9
- Estimations, More Research Needed
Blockchain - Proof of Stake/Work + Sharding: TRL 2/9
Byteball - (BlockDAG): TRL 4/9
IOTA - Tangle (BlockDAG): TRL 4/9
Radix - Tempo (BlockDAG + Temporal Proofs): TRL 4/9
BlockWeave - Proof of Access: 7/9
Blockchain - Proof of Stake: 8/9
Blockchain - Delegated Proof of Stake: 8/9
Blockchain - Proof of Work: TRL 9/9
Safe Network is in an extremely good position. It’s closest competitor seems to be Radix, but quickly falls to the way side when comparing the storage
***This Post is still cooking and is subject to major updates so please standby