MAID = Massive Array of Internet Disks; SAFE = Secure Access For Everyone

MaidSafe is an open-source program that enables a decentralized internet platform, called the SAFE Network. MaidSafe distributes all data on the network without the need for centralized servers. Data stored on the network is either encrypted or cryptographically signed by MaidSafe connected applications (clients). In either case the network itself cannot decrypt any of the data. 

The MaidSafe system turns all connected devices into SAFE Network nodes that collectively store data for all MaidSafe users. MaidSafe allows public and private cloud data storage and processing within the SAFE Network. Data storage is automatically decentralized. The data is spread redundantly across many disks and devices owned and managed by many different users. No one person or corporation has an intact copy of a user's file.

To account for resource usage, the network uses Safecoin transactions. Safecoin Is a coin that is generated and protected by the SAFE network and stays on the SAFE network. The network can confirm and exchange coin ownership via a digitally signed authority from the coins last owner. This operation is ‘network atomic’ which basically means the network will make sure all copies update to show the transaction. This is a different approach to the ‘blockchain’ mechanism employed by bitcoin.

The SAFE network allows many millions of transactions per second and the larger the network the more transactions per second can be executed. Safecoin only holds the last and current owner. It does this to make sure the current owner has signed authority from the last owner to take ownership. This allows coins to be transferred between people very easily and without delay. Safecoins use a proof of resource to create coins and this is a system that is waste free, so the proof is that a node or application is providing immediate value to society.

https://github.com/maidsafe

http://maidsafe.org/

6.2.2015, 14:30