I’ve been spending a lot of time over the last few weeks reading about SAFE. I have three questions that I haven’t seen answers to.
When the network is running, how will the wallet work for SAFE coins? Will there be such a thing as offline paper wallets for maximum security and no convenience like there is in bitcoin? I’m assuming not given the lack of a public ledger in SAFE. So in that case, what will be the different wallet options and the pros/cons? Are there any resources that explain this? I think this is important because one of the problems with bitcoin in my opinion is that it’s tough to find a wallet approach that is both secure and convenient in bitcoin.
Is it possible maybe even likely that even if the cloud storage aspect of the SAFE network gains significant adoption over the next 5 years, the SAFE coins still don’t appreciate much in value during that time due to significant dilution in coins outstanding perfectly offsetting the increased demand? Is there a resource that explains how the supply of SAFE coins will grow and why this concern is not a legitimate concern?
What would be the impact on MaidSafe coins if the bitcoin network forks into Segwit and Unlimited? Would a decision be made that only one chain is valid in order to prevent a doubling of the coin supply? Would there be any other potential problems if this happened before SAFE is up and running? This question seems important given bitcoin’s scaling problem and the difficulty in getting 95% consensus on anything.
Thanks for the info… in response to this and all the other posts on this forum.