Crypto-review #2 MAID

Crypto-review cycle is where I’m giving you, Dear Reader, a quick and cool view on the one of a huge amount of the cryptocurrencies avaible of the market. I’m not going to predict any trends, I just want to provide you the clear information. Hope you will enjoy it. All of the data are valid for the date of publication. Don’t forget to vote in comments for the theme of episode 3!

MAID – MAID SAFE COIN

Current value:
$0.5653 (Coincap)
0.00020102 BTC (Poloniex)
0.00020816 BTC – 0.58$ (Bittrex)

Avaible supply – currently - 452 552 412 – potentially unlimited
Since – April 2014
Market Condition: Upgoing
https://maidsafe.net/

About:

MAID SAFE COIN – one of the hottest commodities of last crazy week – is on a winning streak because of this announcement:

„It is our pleasure to announce that one of China’s largest asset exchanges, Yuanbao, will soon support the trading of MaidSafeCoin in China”

However, despite of it’s market success – which may or may be not temporary – MAID is only a part of the much bigger picture – MaidSafe.

MaidSafe – the project developed for over 10 years in Scotland – may be simply the most ambitious struggle in the history of internet – the struggle to decentralize it.

The idea of MaidSafe is to separate the internet from it’s current, post-NATO infrustructure controlled by the middle men – the states and their corporations – and to provide to the users it’s completely safe, fast and anonymous successor.

How? By the cloud:

How does the cloud emerges? All you have to do, is share a part of your hard drive space – it’s called farming (the ideological argument following it is: we do not want to destroy hardware – like bitcoin does – but to utilise it).

Farmers will be paid by the network for providing resources for the network – and that’s when MAID comes in. Potentially unlimited amount of farmers – which is the main feature and even the condition of MaidSafe long-term existence – may also be tha main disadvantage of the MaidSafe Coin, because it implies an unlimited inflation too.

Soundsa a little bit complicated? This video might help you get to the point:

I strongly reccomend this interview with the creators too:

Why yes:
Imagine the world without the feeling of crawling anxiety while sending nudes. This guys literally spent over 10 years of their lives to make this revolution begin.

Why not:
Another „service first, currency second” project, with unlimited stock and in the very early phase, with a lot of still unanswered – and very serious - questions, like: what is going to happen in case of blackout?

Please, help me choose the next currency to review. In comments you can find my 3 propositions - vote them by likes.