Hour 1 - 3
“Although the increase of hash-power in the pool is considered to be a good thing, reaching 51% of all hashing power is serious threat to the bitcoin community. GHash.IO will take all necessary precautions to prevent reaching 51% of all hashing power, in order to maintain stability of the bitcoin network.”
The Safecoin/MaidSafeCoin crowd-sale was expected to continue for 30 days but the unprecedented success of the crowd sale in the opening hours was a huge surprise, says MaidSafe CEO David Irvine.
“This is the first sale of this magnitude by any company or foundation using the Mastercoin Protocol and it appeared that Mastercoin purchases were going through more quickly than Bitcoin purchases (which needed to be converted to Mastercoin), with no value fluctuation risk as the terms of 17,000 safecoins per Bitcoin were set and adhered to rigorously,” said Irvine.
“In order to be fair to the Bitcoin purchasers, we bought the final $2 million with Mastercoins so we could have a more orderly, fair chance at getting safecoins to everyone who tried to get in the first day.”
To enable privacy, security and anonymity to all Internet users, the SAFE network decentralizes all web services currently available today by removing servers and other central points of weakness. SAFE network preserves privacy by shredding, encrypting and distributing data and using it to generate keys for self authentication. The data is stored on the distributed network and the user’s computer acts as a node, very similar to the concept of Blockchain.
According to the website, Safecoin is a fair and transparent way of giving end users, developers and backers the opportunity to get involved with SAFE network. Safecoins may be earned, traded or purchased and a total cap of 4.3 billion will be generated.
Video: Maidsafe Technology Review
| Radio/TV Show • Declare Your Independence with Ernest Hancock|
04-25-14 -- Joel Ho - Marcus West - Sean Daley +90min Bitcoin Bonus (MP3 & VIDEO LOADED)
Program Date: 2014-04-25
Joel Ho (CEO of MobileSec Solutions) on protecting electronics against EMP - Marcus West talks about his aquaponics set up - Sean Daley (SilentVault) talks about their multi-cryptocurrency p2p wallet (Bitcoin New INFO you need)
.....safecoin is the crypto currency of the SAFE (Secure Access For Everyone) network.
The SAFE network takes all the Internet services currently available today and decentralizes them, removing servers and other central points of weakness enabling privacy, security and anonymity to all Internet users for the first time.
safecoin is a fair and transparent way of giving end users, developers and backers the opportunity to get involved with SAFE network. safecoins may be earned, traded or purchased and a total cap of 4.3 billion will be generated.