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anonguest

It Technology Developments - Maidsafe

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I'm loathe to post overly specialised topic questions such as this, as this isn't an IT forum, but appreciate that there are, apparently, a few fairly knowledgeable/professional types around here.........

for the benefit of dummies like me can anyone explain briefly in laymans terms just how this is 'new'? It appears to be a mix of cloud computing (i.e stuff not stored locally on ones own hard drive) and RAID (i.e splitting up data over many drives) combined with established encryption technology priciples?

http://maidsafe.net/

Working on the basis/assumption that, even if it's a genuinely good idea/development, nothing is perfect......I'm also curious as to what the likely weaknesses/flaws of it will be in practice.

The other thing I can't readily see is where is the 'monetisation' of this development (i.e how are they going to make a profit). I don't believe for one moment the originators are doing this for purely altruistic non-profit motives (me being a cynical human being that I am).

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The other thing I can't readily see is where is the 'monetisation' of this development (i.e how are they going to make a profit). I don't believe for one moment the originators are doing this for purely altruistic non-profit motives (me being a cynical human being that I am).

Better than that, as it is open sourced, they get othes to specify, develop and test it too!

Quite sensible really, if you want to gain momentum quickly. Also they've tagged on bitmining and credits in the system. Kitchen sinked it, At a later stage they could well just go for buyouy or sell themselves a professional package to corporate users - then you;d get the suspicion that the corporates were piggybacking off the infrastructure of joe public -wouldn't that be a turnaround.

Like you say nothing ever totally new, just like there was never only one search engine - though you wouldn't believe that now.

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AH HA....a firm looking for crowd funding.

It claims ISPs, face book and google are centralising entities with a purpose.

Yes, there is a purpose...to record things you do to BILL YOU.

Maidsafe seems to rely very much on a centralised system...IP...As far as I can see, they aim to spread things around using IP...the idea being no one place has the whole picture of what you are doing.

And then they compare that to ants....of course, any one ant doesnt have the whole picture, then again, neither does any other ant as the net result, the ant colony, has no intelligence to see what it is doing.

The monetisation comes up front...from Investors as far as I can see.

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Better than that, as it is open sourced, they get othes to specify, develop and test it too!

Quite sensible really, if you want to gain momentum quickly. Also they've tagged on bitmining and credits in the system. Kitchen sinked it, At a later stage they could well just go for buyouy or sell themselves a professional package to corporate users - then you;d get the suspicion that the corporates were piggybacking off the infrastructure of joe public -wouldn't that be a turnaround.

Like you say nothing ever totally new, just like there was never only one search engine - though you wouldn't believe that now.

Translation please?

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On a quick glance, it looks like something along the lines of this agenda, which is a sufficiently Good Cause to attract interest. Like for instance the Tor network that gives anonymity and has started to upset TPTB, but taking a step back from the specific to the generic framework.

I've done some work myself on projects in that kind of space. In budgetary terms there are government and corporate slush funds you can sometimes tap into, but that's scraps from the rich man's table. A lot of work is genuinely voluntary and philanthropic. And just occasionally a project can become a Big Success on purely commercial terms.

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Seems to be both very ambitious and very vague, which is a good indicator that this will be a complete failure. If they had just kept it as a fork of bitcoin adapted to use proof of storage instead of SHA proof of work then it may have had some potential. The difficulty is solving that problem nevermind building a whole new platform from scratch that incorporates hosting distributes apps. Considering that the bitcoin concept has been out there 5 years, if proof of storage could be solved in a straightforward way then it would likely have been done so by now. There's a competitor called Storj that raised a lot in bitcoins but has yet to release any working software.

It's also doubtful storage distributed over home PCs will be cost competitive with datacentre storage. If it was then people would already be doing it but funded/rewarded using traditional payment methods/currencies.

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