Symbol MAID
Established 22.04.2014
Website URL Link
Block explorer ---
Off. announcement​ Link
Founder David Irvine
Protocol POR
Reviews 0 / 0

MaidSafeCoin was created by David Irvine over two years ago. The first verified MaidSafeCoin transaction was processed on April 22, 2014. Today, the coin is one of the largest cryptocurrencies by market cap. While MaidSafeCoin does support its own currency, it is primarily working on the development of its own blockchain to find other ways of using it.

MaidSafeCoin uses the Proof of Resource algorithm (which is similar to Proof-of-work). MaidSafeCoin is on track to be awarded for sharing computer resources to help support the internet infrastructure.

MaidSafe aims to create a decentralized Internet, called the SAFE Network, by engaging idle computing resources in many common internet server tasks (ie. httpd, ssh, scp, ftp, smtp, pop3, imap, etc.).

The SAFE Network uses Safecoin as the credit system and cooperates with the so-called Farmers and Builders. Farmers are users of the MaidSafe client that receive safecoins in exchange for running nodes, putting their computers to work for the SAFE Network. Builders are Open Source developers who receive safecoins for creating SAFE Network applications.


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