Local hard drive as single point of failure?

Hello, newb here.

I’ve been learning about MaidSafe and read its white paper and really like the idea of a decentralized cloud storage system as opposed to centralized and vulnerable cloud storage services we see today.

However, I’m struggling to see how the safe network would truly lack a “single point of failure,” as argued in its white paper. If a file owner’s hard drive corrupts/fails and the owner loses his keys, then doesn’t he lose complete access to all of his files stored on the safe network?

Also, if the owner buys a new computer, does he need to continue to use his old computer’s hard drive to access his keys? Or can they be transferred to his new computer’s hard drive?

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No, the keys aren’t stored on the local machine but in the network itself, obfuscated and symetrically encrypted by the user’s credentials. Look for ‘self-authentication’ for more info. As long as you remember your credentials and don’t leak them, they are safe and secure.

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Welcome to the forum!

I wrote this some weeks ago:

The Vault is non-persistent, so after you shut down your Vault the data is gone. When you start up again, your Vault get’s filled with Chunks again. Each Chunk is always stored at 4 different places on the network. If one Vault shuts down, the network will find out quite fast and creates another copy to get back to 4 Chunks again. If a Chunk is requested from your Vault (that’s called a GET) you might be rewarded with some Safecoin. That way you can make money as a “Farmer”.

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