First time poster, but I’ve been following Maidsafe for a little while now and trying to understand how it compares with other cryptos. While Bitcoin touts itself as a decentralized virtual currency, Etheruem for decentralized smart contracts, StorJ for decentralized storage and so on, Maidsafe is building a decentralized platform or ‘protocol’. Maidsafe is trying to reshape how data is stored and accessed online; essentially decentralizing the Internet. Is that correct?
Given the broad scope of the project, I would assume that it would require exponentially more work than projects which are limited to a single or a few functions. I read somewhere that the project was begun many years ago and that the testnet is up right now, although it is still in the pre-alpha stage, right? I guess I’m questioning whether the SAFE network will reach a stage where we will see the myriad of applications being proposed right now actually running on it, or whether the project will drag on for a long time, unable to work out a good solution for the current bugs and kinks, and finally put out a lacklustre product.
What are other people’s thoughts on this? I know there are other projects that have similar goals like sidechains, Meganet, Counterparty, Bittorrent (http://www.theverge.com/2014/12/10/7361603/bittorrenet-wants-to-change-the-way-the-web-is-built), etc. and the competition will become fiercer as time goes on.