What is MaidSafeCoin (MAID)? MaidSafeCoin is a proxy token that supports the development of the SAFE network and allows the pre-purchase of its native currency: Safe Network Tokens. Once the network is complete, MaidSafeCoin can be exchanged 1-to-1 with secure network tokens. MaidSafeCoin is available in both the Omni (MAID) protocol and the Ethereum ERC20 (eMAID) protocol. What makes the SAFE network unique? the additional capacity of everyday Internet-connected devices to form an autonomous data network layer that enables decentralized, secure, and privacy-preserving communications and storage. It is designed to give people full sovereignty over their personal data, while enabling the development of rich and scalable software platforms, business solutions, and user experiences. The SAFE Network also offers individuals and companies the opportunity for financial stability by exchanging their resources, products, content and creativity without the need for intermediaries, largely thanks to a flexible and high-performance economic system based on digital bearer certificates; a system that also paves the way for a new generation of cryptocurrency technologies. How is the SAFE network protected? Instead of using blockchain, the SAFE network extends peer-to-peer and distributed hash table technology, building consensus from decisions between small autonomous groups of devices or nodes. Data uploaded to the network is fragmented, encrypted, and randomly distributed among these nodes, which must reliably store and serve this data for an extended period before being rewarded. Proof of Resource instead of Proof of Work. Rewards are paid to nodes in the form of secure network tokens, which can be spent on network services such as data storage, transferred as payments, or exchanged for other currencies. How many MaidSafeCoins are in circulation? There are 452,552,412 MaidSafeCoins in circulation. This represents 10% of the total supply of secure network tokens available in the time after the network launch.
What are secure network tokens? Safe Network tokens are the currency of the SAFE Network; a utility token that can be spent on network services and automatically rewards those who contribute resources. The technology behind it, based on decentralized bearer digital certificates, provides advanced digital currency functionality: fast, scalable, private transactions with no fees and offline functionality as well. Therefore, they will not only boost the economic incentives of the SAFE network, but also offer a platform for a new generation of digital currencies and money services. Who are the founders of MaidSafe? MaidSafe is the team behind the SAFE network and the main developers of its protocol. . Founded by engineer David Irvine, work began in 2006 with a team based in Scotland. A round of crowdfunding followed in 2014, and with it MaidSafeCoin. The project is still based in Scotland, but has a global team of thinkers, inventors, tinsmiths, postgraduate students, engineers and designers. The mission? To provide security and privacy to all. Where can I buy MaidSafeCoin (MAID)? If you are interested in buying, selling or trading MaidSafeCoin (MAID), you can do so on the following exchanges: BittrexHitBTCP2PB2BMaidSafeCoin is also available as an ERC20 token: eMaid.