MaidSafeCoin

MaidSafeCoin (MSC) is the native token of the SAFE network, a network of spare hard disk space and processing power. The SAFE network is a new data and communications network that can provide the infrastructure for every type of web service that exists on today’s centralized Internet but in a decentralized manner.
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What is MaidSafeCoin?

MaidSafeCoin (MSC) is the native token of the SAFE network, a network of spare hard disk space and processing power. The SAFE network is a new data and communications network that can provide the infrastructure for every type of web service that exists on today’s centralized Internet but in a decentralized manner.

How does MaidSafeCoin work?

The SAFE network is developed as a challenger for the status quo of centralized network. The network itself is a new, secure and decentralized data management service that relies on the unused resources of individual users. Each participant of this system contributes some form of computer resource: data, storage space, processing power, and/or Internet connectivity, thus forming a large decentralized network.

There will be two types of users on the network – clients that access the various features of the network; farmers that store and look after the data on the network. All data uploaded will be encrypted and distributed around the network. Files are stored on devices all over the world with no singular point of failure. MSC is used by clients to access the system and are rewarded to farmers for their contributions to the network.  The rate of pay is linked to how much value a user provides and how often their node is available. This process relies on Proof of Resource to assess user contributions.

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