I am following Maidsafe development for a year and am very excited by the project. However, as an engineer myself, I still cannot help by feeling this relative mistrust in the project because I never took the time to review the white papers and the open-source code. The project is highly ambitious in many regards, and I’d like to convince myself that it has a chance to succeed – in particular after so many years of ongoing effort with no full proof of concept yet.
Can anyone tell me if the project – incl. white papers, the source code itself, the software produced, the madesafe’ team – has been subject to an external audit by well-known experts in the field? Do we have reasons to doubt of any of those aspects (e.g., the competence of the team, the engineering decisions, …), or can we safely conclude that it is only a matter of time before the network gets born and satisfies its set of objectives? I find it very hard to distinguish enthusiastic opinions from expert analysis when I read the forum or other media – so I’d be grateful if somebody here could summarize this with a very objective analysis.
Finally, with regards to the currency itself – MAIDcoin (or whatever the name). Here too, the paradigm seems entirely new and very ambitious so I cannot help but being a bit skeptical. Therefore I would like to ask you objective opinion on this matter too.
Thanks in advance and good luck to the engineers at SAFE.