MaidSafeCoin (MAID) - Price & Trading topic (Part 1)

They will come and some already have. The truly ideal situation is to get the price to a $1 so their dollar has meaningful impact but buys 100k coins instead of 1 MM.

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The bittrex orderbook is not easy to fetch.

https://api.bittrex.com/api/v1.1/public/getorderbook?market=BTC-MAID&type=both
only gives 100 rows for each side of the orderbook, which is nowhere near the full thing.

I made this script to get the full orderbook from the webpage
https://global.bittrex.com/Market/Index?MarketName=BTC-MAID

// A way to get all the data for the orderbooks on bittrex
//
// - open the browser to https://global.bittrex.com/Market/Index?MarketName=BTC-MAID
// - wait until all the data has loaded
// - open the javascript console in the dev tools (press F12)
// - copy this code and paste it into the console
// - press enter to run it and wait up to 30s for the output
// - csv text will be printed out which can be copied into a spreadsheet program for analysis

function fixTable(tableEl) {
  // need to get around react virtualized table which only shows visible rows
  // so make the table element extremely tall so all rows will need to show.
  tableEl.style.position = "absolute";
  tableEl.style.top = 0;
  tableEl.style.left = 0;
  tableEl.style.height = "100000px";
  tableEl.style.width = "500px";
}

function getTableCsv(tableEl, priceIndex, maidIndex, btcIndex) {
  tableCsv = "price,maid,btc\n";
  let rows = tableEl.querySelectorAll(".ReactVirtualized__Table__row");
  for (let i=0; i<rows.length; i++) {
    row = rows[i];
    cells = row.querySelectorAll(".ReactVirtualized__Table__rowColumn");
    rowCsv = "";
    rowCsv += cells[priceIndex].textContent.replace(/\s/g,"").replace(/,/g,"") + ",";
    rowCsv += cells[maidIndex].textContent.replace(/\s/g,"").replace(/,/g,"") + ",";
    rowCsv += cells[btcIndex].textContent.replace(/\s/g,"").replace(/,/g,"") + ",";
    rowCsv += "\n";
    if (rowCsv.replace(",,,","").replace(/\s/g, "").length > 0) {
      tableCsv += rowCsv;
    }
  }
  return tableCsv;
}

buyTable = document.querySelectorAll(".book--container.bid")[0];
sellTable = document.querySelectorAll(".book--container.ask")[0];

fixTable(buyTable);
fixTable(sellTable);

setTimeout(function() {
allData = "";
allData += "BUYS\n";
allData += getTableCsv(buyTable, 3, 2, 1) + "\n";
allData += "\nSELLS\n";
allData += getTableCsv(sellTable, 0, 1, 2);
console.log(allData);
}, 2000);

Currently this gives the following output:

BUYS
price,maid,btc
0.00001231,0.04863113,0.0000,
0.00001203,124.68827930,0.0015,
0.00001202,178.08136122,0.0021,
0.00001195,137.18616451,0.0016,
0.00001188,287.13464306,0.0034,
0.00001179,33.73648607,0.0004,
0.00001140,122.86893179,0.0014,
0.00001138,380.22858146,0.0043,
0.00001137,1049.65000000,0.0119,
0.00001127,200.00000000,0.0023,
0.00001126,1049.65000000,0.0118,
0.00001125,1241.96052339,0.0140,
0.00001123,297.47957562,0.0033,
0.00001119,300.00000000,0.0034,
0.00001118,7339.58232955,0.0821,
0.00001117,6287.95422895,0.0702,
0.00001116,500.00000000,0.0056,
0.00001115,13665.53410112,0.1524,
0.00001114,543.67053086,0.0061,
0.00001109,119.08217463,0.0013,
0.00001108,451.26353790,0.0050,
0.00001104,389.01725534,0.0043,
0.00001103,27244.85687813,0.3005,
0.00001102,47184.93121091,0.5200,
0.00001101,200.15727001,0.0022,
0.00001100,2922.18459273,0.0321,
0.00001092,28924.64795233,0.3159,
0.00001091,11020.63916452,0.1202,
0.00001086,667.58894733,0.0073,
0.00001085,24695.01209742,0.2679,
0.00001084,4286.85330479,0.0465,
0.00001068,27090.35605902,0.2893,
0.00001066,200.00000000,0.0021,
0.00001065,10465.88000088,0.1115,
0.00001063,4254.41917637,0.0452,
0.00001060,9426.28877995,0.0999,
0.00001058,5162.84396103,0.0546,
0.00001053,140.00000000,0.0015,
0.00001047,3718.42931375,0.0389,
0.00001039,29199.94558046,0.3034,
0.00001033,1999.76776500,0.0207,
0.00001031,3453.77803573,0.0356,
0.00001030,16189.03582126,0.1667,
0.00001029,12303.53952179,0.1266,
0.00001028,9347.42803658,0.0961,
0.00001024,13379.34636521,0.1370,
0.00001022,236.81147621,0.0024,
0.00001021,15996.57064211,0.1633,
0.00001018,29608.00517372,0.3014,
0.00001012,4940.71146245,0.0500,
0.00001003,9488.31845758,0.0952,
0.00001000,19267.33384314,0.1927,
0.00000997,612.88734621,0.0061,
0.00000985,507.61421319,0.0050,
0.00000977,77.78915046,0.0008,
0.00000976,256.37877732,0.0025,
0.00000955,131.17386125,0.0013,
0.00000954,1109.79168686,0.0106,
0.00000953,836.56096519,0.0080,
0.00000952,327.89938312,0.0031,
0.00000951,7615.18140815,0.0724,
0.00000950,707.17782197,0.0067,
0.00000949,188.64881039,0.0018,
0.00000947,973.68386818,0.0092,
0.00000946,1639.85069475,0.0155,
0.00000925,3973.27768635,0.0368,
0.00000910,1000.00000000,0.0091,
0.00000909,110.01100110,0.0010,
0.00000908,120.00000000,0.0011,
0.00000904,1350.00000000,0.0122,
0.00000903,39664.02495514,0.3582,
0.00000898,250.00000000,0.0022,
0.00000870,1049.91484138,0.0091,
0.00000865,3609.02782039,0.0312,
0.00000850,21800.00000000,0.1853,
0.00000847,110.86906010,0.0009,
0.00000843,936.96647362,0.0079,
0.00000817,6119.95104039,0.0500,
0.00000814,573.56374730,0.0047,
0.00000813,573.31141761,0.0047,
0.00000812,273.52483199,0.0022,
0.00000811,341.36120929,0.0028,
0.00000803,310.10605333,0.0025,
0.00000801,50689.93521876,0.4060,
0.00000800,875701.08749676,7.0056,
0.00000799,399.35716829,0.0032,
0.00000798,826.99386868,0.0066,
0.00000797,904.72068921,0.0072,
0.00000796,672.16248743,0.0054,
0.00000789,642.00000000,0.0051,
0.00000787,5000.00000000,0.0393,
0.00000779,5000.00000000,0.0389,
0.00000777,64.83148777,0.0005,
0.00000766,1658.14945595,0.0127,
0.00000765,1658.14945595,0.0127,
0.00000764,1658.14945595,0.0127,
0.00000763,1658.14945595,0.0127,
0.00000762,1658.14945595,0.0126,
0.00000761,1658.14945595,0.0126,
0.00000760,1658.14945595,0.0126,
0.00000759,1658.14945595,0.0126,
0.00000758,1658.14945595,0.0126,
0.00000757,1658.14945595,0.0126,
0.00000741,270.00000000,0.0020,
0.00000715,14095.67250000,0.1008,
0.00000705,7092.19858156,0.0500,
0.00000700,220.00000000,0.0015,
0.00000686,500.00000000,0.0034,
0.00000669,180.00000000,0.0012,
0.00000656,80.00000000,0.0005,
0.00000650,3162.03625096,0.0206,
0.00000641,5733.66904816,0.0368,
0.00000568,6537.12900847,0.0371,
0.00000512,19154.81580756,0.0981,
0.00000500,100.00000000,0.0005,
0.00000470,20265.54290566,0.0952,
0.00000437,21687.89217715,0.0948,
0.00000403,19149.60729131,0.0772,
0.00000361,27700.83102493,0.1000,
0.00000303,26880.25013587,0.0814,
0.00000261,31380.08583557,0.0819,
0.00000213,48183.83773233,0.1026,
0.00000144,48523.09928584,0.0699,
0.00000122,53719.20822614,0.0655,
0.00000112,22263.94642857,0.0249,
0.00000064,6094.30000000,0.0039,
0.00000057,1777.21052631,0.0010,
0.00000056,97987.36879761,0.0549,
0.00000037,5405.40000000,0.0020,
0.00000024,6094.86034160,0.0015,
0.00000021,2404.00000000,0.0005,
0.00000017,3000.00000000,0.0005,
0.00000016,353924.64345335,0.0566,
0.00000014,3633.77271107,0.0005,
0.00000008,25000.00000000,0.0020,
0.00000007,7200.00000000,0.0005,
0.00000006,83125.51953449,0.0050,
0.00000005,399022.14450000,0.0200,
0.00000004,1409250.00000000,0.0564,
0.00000003,56670.00000000,0.0017,
0.00000001,128387.03241895,0.0013,


SELLS
price,maid,btc
0.00001244,3445.20475846,0.0429,
0.00001247,91.70322825,0.0011,
0.00001250,2348.42018937,0.0294,
0.00001251,239.03146360,0.0030,
0.00001255,2000.00000000,0.0251,
0.00001260,102.51557041,0.0013,
0.00001263,190.28635259,0.0024,
0.00001269,29328.14023767,0.3722,
0.00001270,80000.00000000,1.0160,
0.00001280,54.18326693,0.0007,
0.00001281,104.87342853,0.0013,
0.00001298,3828.77851831,0.0497,
0.00001299,154.87799146,0.0020,
0.00001300,399.78354287,0.0052,
0.00001303,107.28551739,0.0014,
0.00001324,109.75308429,0.0015,
0.00001331,1800.00000000,0.0240,
0.00001345,112.27740522,0.0015,
0.00001349,262.80390760,0.0035,
0.00001355,90.06002018,0.0012,
0.00001359,264.94335324,0.0036,
0.00001360,28986.72242785,0.3942,
0.00001370,1077.00000000,0.0148,
0.00001377,42.54944874,0.0006,
0.00001400,500.00000000,0.0070,
0.00001430,101.59150000,0.0015,
0.00001450,1500.00000000,0.0217,
0.00001460,1722.17233501,0.0251,
0.00001481,200.00000000,0.0030,
0.00001599,484.81584172,0.0078,
0.00001600,400.00000000,0.0064,
0.00001624,100.00000000,0.0016,
0.00001625,68.96238793,0.0011,
0.00001662,1032.51116623,0.0172,
0.00001704,765.00000000,0.0130,
0.00001713,51.49346066,0.0009,
0.00001715,1155.05082637,0.0198,
0.00001846,45.05882177,0.0008,
0.00001860,269.35591613,0.0050,
0.00001895,87.80542075,0.0017,
0.00001899,1013.72235463,0.0193,
0.00001904,877.64805759,0.0167,
0.00001905,75.00000000,0.0014,
0.00001919,2651.05271571,0.0509,
0.00001920,5516.55181110,0.1059,
0.00001936,3467.69976378,0.0671,
0.00001950,5000.00000000,0.0975,
0.00001970,1429.05374691,0.0282,
0.00001998,560.92139191,0.0112,
0.00002027,120.46729628,0.0024,
0.00002035,1628.79351636,0.0331,
0.00002040,245.58921765,0.0050,
0.00002080,240.86634808,0.0050,
0.00002095,1431.98090692,0.0300,
0.00002120,330.85038000,0.0070,
0.00002140,330.85038000,0.0071,
0.00002144,1377.00000000,0.0295,
0.00002160,330.85038000,0.0071,
0.00002180,330.85038000,0.0072,
0.00002200,4404.69785557,0.0969,
0.00002220,330.85038000,0.0073,
0.00002221,1114.00000000,0.0247,
0.00002240,330.85038000,0.0074,
0.00002280,374.36125109,0.0085,
0.00002320,215.94913965,0.0050,
0.00002328,1000.00000000,0.0233,
0.00002360,300.24833499,0.0071,
0.00002384,886.88478989,0.0211,
0.00002400,2300.00000000,0.0552,
0.00002469,1235.95405482,0.0305,
0.00002486,1935.00000000,0.0481,
0.00002499,10111.20861370,0.2527,
0.00002500,6263.82441110,0.1566,
0.00002509,75.00000000,0.0019,
0.00002540,301.80000000,0.0077,
0.00002589,1000.00000000,0.0259,
0.00002600,2000.00000000,0.0520,
0.00002695,1928.82583796,0.0520,
0.00002700,4500.00000000,0.1215,
0.00002719,1451.25000000,0.0395,
0.00002740,255.98642540,0.0070,
0.00002794,1605.86022804,0.0449,
0.00002800,2000.00000000,0.0560,
0.00002803,591.99600798,0.0166,
0.00002828,635.41990480,0.0180,
0.00002838,20.00000000,0.0006,
0.00002839,10360.93261307,0.2941,
0.00002842,100000.00000000,2.8420,
0.00002845,200.00000000,0.0057,
0.00002900,2600.00000000,0.0754,
0.00002936,189.84801232,0.0056,
0.00002939,20.69851418,0.0006,
0.00002940,733.50971515,0.0216,
0.00002946,4999.93548730,0.1473,
0.00002953,1000.00000000,0.0295,
0.00003000,6764.06586818,0.2029,
0.00003083,1000.00000000,0.0308,
0.00003094,1058.47415157,0.0327,
0.00003119,2744.18750000,0.0856,
0.00003151,2437.80734390,0.0768,
0.00003210,11000.00000000,0.3531,
0.00003249,7500.00000000,0.2437,
0.00003299,477.78351164,0.0158,
0.00003300,2000.00000000,0.0660,
0.00003380,30.00000000,0.0010,
0.00003386,3372.00000000,0.1142,
0.00003400,217.88282447,0.0074,
0.00003448,839.68515747,0.0290,
0.00003498,500.00000000,0.0175,
0.00003550,4000.00000000,0.1420,
0.00003579,56.25000000,0.0020,
0.00003640,170.04936174,0.0062,
0.00003650,1124.00000000,0.0410,
0.00003700,6893.85627702,0.2551,
0.00003735,11931.75000000,0.4457,
0.00003740,30.00000000,0.0011,
0.00003767,1004.35207778,0.0378,
0.00003799,3223.52924947,0.1225,
0.00003853,7463.00000000,0.2875,
0.00003854,5000.00000000,0.1927,
0.00003860,2000.00000000,0.0772,
0.00003898,8173.84951140,0.3186,
0.00003900,100481.30458961,3.9188,
0.00003924,2058.14062500,0.0808,
0.00003939,1876.00000000,0.0739,
0.00003973,100.00000000,0.0040,
0.00003975,1500.00000000,0.0596,
0.00003977,11500.00000000,0.4574,
0.00003993,2000.00000000,0.0799,
0.00003999,30.00000000,0.0012,
0.00004000,8906.66266167,0.3563,
0.00004020,2497.00000000,0.1004,
0.00004175,1620.00000000,0.0676,
0.00004190,22.19993818,0.0009,
0.00004263,2000.00000000,0.0853,
0.00004278,10000.00000000,0.4278,
0.00004284,23.00000000,0.0010,
0.00004300,300.00000000,0.0129,
0.00004359,3550.19840133,0.1548,
0.00004369,799.99999749,0.0350,
0.00004400,20884.60000000,0.9189,
0.00004421,5000.00000000,0.2210,
0.00004444,1500.00000000,0.0667,
0.00004492,10000.00000000,0.4492,
0.00004500,130.00000000,0.0059,
0.00004513,663.00000000,0.0299,
0.00004566,3977.25000000,0.1816,
0.00004639,100.00000000,0.0046,
0.00004678,3045.53573780,0.1425,
0.00004688,16561.00000000,0.7764,
0.00004851,1000.00000000,0.0485,
0.00004892,150.00000000,0.0073,
0.00004897,30.00000000,0.0015,
0.00004939,1023.00000000,0.0505,
0.00004944,799.99999749,0.0396,
0.00004948,4705.21808685,0.2328,
0.00004971,500.00000000,0.0249,
0.00004999,500.00000000,0.0250,
0.00005000,6843.84358039,0.3422,
0.00005168,2199.00000000,0.1136,
0.00005184,723.00000000,0.0375,
0.00005190,778.26667905,0.0404,
0.00005220,8537.00000000,0.4456,
0.00005241,6543.60546875,0.3430,
0.00005250,82.24402358,0.0043,
0.00005300,300.00000000,0.0159,
0.00005380,2641.64438022,0.1421,
0.00005472,50.00000000,0.0027,
0.00005776,50.00000000,0.0029,
0.00005790,50.00000000,0.0029,
0.00005869,150.00000000,0.0088,
0.00005872,2500.00000000,0.1468,
0.00005940,42.90337984,0.0025,
0.00005960,100.00000000,0.0060,
0.00006000,288.00000000,0.0173,
0.00006026,799.99999749,0.0482,
0.00006146,2586.42171622,0.1590,
0.00006300,2850.00000000,0.1795,
0.00006369,1417.00000000,0.0902,
0.00006380,9000.00000000,0.5742,
0.00006390,6000.00000000,0.3834,
0.00006430,491.00000000,0.0316,
0.00006547,799.99999749,0.0524,
0.00006700,5139.00000000,0.3443,
0.00006784,2439.69870143,0.1655,
0.00006873,100.00000000,0.0069,
0.00006875,1000.00000000,0.0688,
0.00006930,4000.00000000,0.2772,
0.00006981,1184.25359750,0.0827,
0.00007000,2059.15322012,0.1441,
0.00007049,648.82921943,0.0457,
0.00007091,103.26759480,0.0073,
0.00007224,4907.70410156,0.3545,
0.00007252,633.29303006,0.0459,
0.00007478,1462.00000000,0.1093,
0.00007484,3175.08636023,0.2376,
0.00007500,2774.00000000,0.2080,
0.00007579,6543.93164974,0.4960,
0.00007648,2500.00000000,0.1912,
0.00007696,658.62475127,0.0507,
0.00007700,1383.51765997,0.1065,
0.00007777,1000.00000000,0.0778,
0.00007800,6300.00000000,0.4914,
0.00007811,1000.00000000,0.0781,
0.00007823,799.99999749,0.0626,
0.00007882,250.00000000,0.0197,
0.00007888,370.00000000,0.0292,
0.00007900,2578.39616144,0.2037,
0.00007975,400.00000000,0.0319,
0.00007990,17796.00000000,1.4219,
0.00007996,2873.63183784,0.2298,
0.00008000,3718.00000000,0.2974,
0.00008137,637.00000000,0.0518,
0.00008140,684.96974132,0.0558,
0.00008150,4658.00000000,0.3796,
0.00008200,6400.00000000,0.5248,
0.00008306,1270.00000000,0.1055,
0.00008440,5000.00000000,0.4220,
0.00008443,3111.73861133,0.2627,
0.00008450,5000.00000000,0.4225,
0.00008480,259.29657299,0.0220,
0.00008500,27822.00000000,2.3649,
0.00008568,36.00000000,0.0031,
0.00008584,712.36853097,0.0611,
0.00008700,579.00000000,0.0504,
0.00008798,1400.00000000,0.1232,
0.00008837,150.00000000,0.0133,
0.00008900,800.00000000,0.0712,
0.00009000,45.00000000,0.0041,
0.00009001,799.99999749,0.0720,
0.00009012,475.00000000,0.0428,
0.00009028,740.86327221,0.0669,
0.00009050,670.74224041,0.0607,
0.00009073,924.00000000,0.0838,
0.00009119,50.00000000,0.0046,
0.00009145,2843.59005901,0.2600,
0.00009203,2500.00000000,0.2301,
0.00009219,3680.77807617,0.3393,
0.00009220,1274.00000000,0.1175,
0.00009253,132.00000000,0.0122,
0.00009444,500.00000000,0.0472,
0.00009472,770.49780310,0.0730,
0.00009652,50.00000000,0.0048,
0.00009679,191.66888069,0.0186,
0.00009690,100.87702521,0.0098,
0.00009719,2843.59005901,0.2764,
0.00009800,5000.00000000,0.4900,
0.00009833,350.00000000,0.0344,
0.00009860,5000.00000000,0.4930,
0.00009911,799.99999749,0.0793,
0.00009916,801.31771522,0.0795,
0.00009917,6184.00000000,0.6133,
0.00009954,1957.00000000,0.1948,
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11 Likes

Changelly offer something between HitBTC and Bittrex

1 Like

This is it @anon40006692 , itā€™s about intersecting sets of people. MAID is still tiny in the eyes of the world, so most potential candidates simply do not know. Many of those that do may not know that there is an investable crypto associated. Those that do likely have a lot of other crypto on their minds (BTC, ETH). To not care about 100k youā€™d need probably 10M+. Iā€™ve known individuals in that range and higher over my life and they typically are not in the habit of investing any part of that in completely speculative investments like SAFE. The brave, for whom ā€˜no mvp yetā€™ does not deter, may balk at buying magic internet money to invest in a low liquidity market with a huge spike in the past unless their broker knew that it could be done OTC. etc. etc. And then you are down to a very tiny set indeed, the crypto oligarchs or the silicon valley crowd plus a few interested oddities.

To me, only variables are the chance that they deliver, and if they do, does the user experience make it a ultra-secure and cool version of dropbox, or are we really talking digital bearer bonds, quick transfer, and with the currency backed by real demand for this kind of network?

Achieve the first, then we are talking. I personally now think the chance to deliver x the base multiple (10x) is high enough to justify investment at multiples of the current price.

6 Likes

Met somebody recently just before lock-down - ā€˜theyā€™ were quoted in the Satoshi white paper. Despite being very close to this sector, even they were not aware of this project. I sometimes think that this is about marketing, but then I think itā€™s not at all - once a basic working system is in operation, and a couple of prominent YouTubers come over to use the platform (having been deleted/demonetizedā€¦ thenā€¦ dare I sayā€¦ ā€˜Job doneā€™. (Well in terms of awareness).

5 Likes

@Moose99 Glad you made them aware. Did you share things like the primer, PARSEC white paper and forum by chance?

2 Likes

In hindsight, should have given more, but was not an occasion where I could spend too much time. Good point.

2 Likes

A look into the nearby future:

6 Likes

@andreruigrok This is Elliot wave yes? Iā€™m not super familiar with Elliot wave so I donā€™t know exactly how to digest this. Does the 1-5 waves start after the ABC?? Or are ABC just subsets of certain waves? Are ABC corrective waves?

1 Like

I believe ABC are the corrective waves in between a sequence of 5 ā€œbullishā€ waves, so 1-2-3-4-5-A-B-C-1-2-3-4-5-A-B-C-1-2-ā€¦

The graph above would indicate that MAID is exiting the corrective phase of waves.

2 Likes

Thanks @Sotros25 for the clarification :slight_smile:

2 Likes

Sotros already explained it while i was asleep, thanks!

After so much patience, we are hopefully at the beginning of a nice bull-run!

4 Likes

Indeed, I have been buying in around the 1170 mark too today.
Small scale stuff but I have been taking wee profits on the last few waves between 11 something and 12 something and just earning a little more MAID on each swing. Every 10 - 20 MAID earned here will count for lots later.

3 Likes

I got to thinking about AT2 implementation for safecoin as noted in the update thread. AT2 seems like one of those things that could be quietly rocking the bitcoin boat. It made me think how one day (and I would actually enjoy seeing this for reasons), the price of all blockchain-related projects can literally tank, in an unrecoverable way, because of it being definitively obsoleted. This would leave funds frantically looking for new homes, and AT2 projects would be them. (If not AT2, then maybe any non-blockchain project; though, a leading technology would be preferred ā€” especially for something as previously ā€˜monopolisticā€™ as blockchain, to be able to continue that leader reliance.) One wouldnā€™t even need to diversify, and enjoy the new boom of non-blockchain technology by remaining in any one of them, such as this projectā€™s.

2 Likes

That would be neat but unlikely unfortunately. Blockchain has become like an easy plug and play package in a sense and has so much money behind it. When money gets behind something enough it becomes somewhat of a behemoth and hard to disrupt. Even blockchain has been chipping away at the traditional system and it still is fighting to prove its relevance. Iā€™d say the public perception of that is continually getting better though.

Point is at2 is almost made for SAFE because of the security requirements for sending messages and so on. There are certainly other ways it could be achieved but not in a way that is so readily accessible or without roadblocks like blockchain has achieved so far. For that reason, given the path of least resistance and the market awareness of blockchain most projects will go there.

Now to your argument this really is beneficial to SAFE because this networks architecture is perfect to take advantage of at2 and will stand alone in this arena AFAIK to disrupt the disrupters. The fact that some blockchains and DAG based projects have managed to increase transactions speeds so much is promising for them but this might just blow those away or at the least be highly competitive and advantageous for our use. Massive appeal for sure.

9 Likes

Yep, the company I work for originally prototyped on the ETH blockchain, only to quickly realize ETH is impractical for commercial applications. Now there are all these chains marketing themselves as ā€œenterprise gradeā€ blockchain (e.g. hedera, corda, hyperledger, etc.). However, as private/permissioned chains, Iā€™d argue they are more than a standard deviation away from the heart of what decentralized and distributed solutions (cl)aim to be.

12 Likes

Wow thatā€™s crazy! But totally believable haha. 2017 really showed the limitations and thatā€™s why the big focus since has been second layer scaling which to me is like putting a rocket on a tortoise.

So true and frustrating to me. Part of me thinks something like Hedera has a great chance because of the fact itā€™s permissioned and by some or the same private companies that use it. On the other hand does anyone remember something called Libra?? A bunch of these companies all rallied behind it and then the company launching it (canā€™t remember the name, jk) got back lash and suddenly they allll backed away. Sure Hedera is a little bit different but itā€™s not an open system. Everyone here understands the importance of something like Linux and I think SAFE has the potential to be there too.

5 Likes

Just a random thought/idea:

Is there not a way to create an android/iphone app for storing MAID?

I understand it is based on Omni protocol.

We have always had several pain points and one of them at least would be solved by having an app.

One would be that we can simply point people to the app when they ask how to store their coins. So effectively acting like a SAFE for their MAID, set and forget, no learning how to use OMNI or cold storage or using risky exchanges.
The other benefit would be pointing and linking to exchanges via the app where users can buy MAID in the first place.

I would contribute some funds to building something like this.

Just a thought, maybe it is stupid.

8 Likes

Not stupid at all but a pretty large undertaking I think. Not sure how long it would be useful (maybe we see Safecoin by the time itā€™s done being developed) so maybe a waste of resources plus if someone can buy on an exchange and send that safely to a wallet then the omniwallet.org experience isnā€™t much more intimidating.

3 Likes

I do like this idea. Like everyone here prolly has figured out how to use OMNI but lets talk about the newb that just tried our alpha and said this shit is the shit. Lets make it easy for that guy to buy and ā€œwarm storeā€ some MAID kinda off an exchange, although requiring this app to workā€¦ but still might be a good bridge to help people participate before there is actual safecoin they can store more securely.

2 Likes