SAFE Network Presentation Bitcoin Meetup
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Transcript of SAFE Network Presentation Bitcoin Meetup
The SAFE Network
by Maidsafe
Massive Array of Internet DiscsSecure Access for Everyone
Dirk Hoving Project SAFE Amsterdam
Special thanks to the Maidsafe team (especially @ioptio's framework) and the rest of the community.
Why Maidsafe?
Internet access is highly dependent on centralized servers
Traffic peaks make websites slow and susceptible to DDOS.
Cost of maintaining and securing servers causes monopolisation.
Current internet is susceptible to censorship.
Many centralised servers get hacked
Blockchain tech is hard to scale, there must be a better way to get consensus on ownership distribution
SAFE Network origins
Founded by David Irvine in 2006. Inspired by ant colonies, more than 9 years in the making.
More is different: complexity at large scale from simplicity at a small scale
Ants have different roles, can switch roles, very adaptable
Specialization, adaptability, communication and large numbers
Crowdfunded in 2014, bitcoin caused an additional wave of interest
MAID
Massive Array of Internet Discs
Combining storage space, bandwith and CPU power
Hardware combined into one global cyberbrain
Anyone with device+internet connection can create vault
MAID is what enables SAFE
Image by Paige Peterson
Vault roles
Storing data
Data managers (managing data for other vaults)
Verifying and validating other vaults
Groups of 32 randomly chosen of which 28 need to reach consensus.
Nodes not behaving properly get outranked
Data distributing
Data split into 1MB chunks
Each chunk stored at least 4 times
All chunks are stored in a location depending on the hash of the chunk. Each chunk has a different location.
Self encryption. Need all chunks to decrypt the whole.
Parallel downloading of 1MB chunks makes data retrieval incredibly fast.
SAFE
Secure Access for Everyone
Variety of encryption layers
Privacy, security, freedom
Self Authentication no password information leaves your computer
Store data, privately, shared or public
Build and use applications that interact with this data
Safecoin and farming
Integrated cryptocurrency. No distributed ledger in the form of a blockchain.
Proof of resource will farm you safecoin
Uploading data to the network costs safecoin. Safecoin is recycled and given back to the network.
10% of farming rewards go to app developers
Micropayments, instant verification
Reward content creators, cut out the middleman
The way forward
Installers for linux coming this or next week. Other operating systems following shortly.
Development bundle 1 being released this or next week (simple vaults, LAN only)
Couple of sprints for development bundle 2 (community run vaults and farming integration)
Development bundle 3 (safecoin full implementation, POSIX API and messaging API)
Final notes
Maidsafe website: http://www.maidsafe.net
Maidsafe forum: http://www.maidsafe.org
SAFE Amsterdam meetups: http://www.meetup.com/projectsafe-amsterdam/
Questions?