Permissioned Non-Anonymous Testnet

Those who’ve read more than one post on this blog know that I’ve been saying for a while that the best the MaidSafe project can hope for is to create a more private version of BitTorrent. Part of their plan that is extremely unlikely to materialize is Safecoin and that is becoming more obvious with every […]

Running in place

I haven’t blogged for a while, but that’s because there’s nothing going on. When? Recently a post on the community forum asked “What year do you think Safecoin will be implemented into the network?” and it appears that majority of registered forum members believe nothing will happen in 2017. Only one third of all people who […]

Safecoin divisibility with partcoin

Only a few days after my post on the desperate ideas to solve some of the issues that make Safecoin at best impractical, but likely impossible, by investing crapcoins that run on top of the main crapcoin (Safecoin), one of the community thinker have come up with a new proposal on Safecoin divisibility. His proposal […]

Meta-Safecoins

On this blog I’ve repeatedly stated that the biggest problem facing MaidSafe isn’t the network (even though they can’t seem to get anywhere close to completing it), but the coin. First and foremost, because it’s damn difficult. Second, as far as I can tell they’ve no cryptocurrency or economics experts, and the community is even […]

Another year, nothing to show

The latest MaidSafe development update makes it official: user-hosted vaults will not be available for testing this year. Routing and vaults are nowhere close to being ready for alpha testing. Guess which two modules matter to user-hosted vaults? That’s right, those two. Put another way, weeks ago it should have been obvious that the both […]

Obliviate Safecoin!

One thing that never ceases to amaze me is the MaidSafe community’s ridiculous proclamations of Safecoin’s superiority over bitcoin which can be roughly classified in two groups: Safecoin is better for the environment because it does away with the wasteful Proof of Work Safecoin is untraceable, trustless and anonymous I wrote about the former on several […]