Interesting, allthough new projects can hide some risks , it has also some potential in future, hard to predict but, there are concerns form their white paper:
2.6 Acknowledgement of Risks
Problems and solutions evolve with development. There is almost always a solution to a problem, and
sometimes there are too many solutions. The focus will always be finding and choosing the ideal solution.
Assets will be lost and unrecoverable if:
● The Safenetwork is compromised resulting in the validator being breached. Only assets being
exchanged can be stolen through the force validation of orders. Assets in storage and not being
placed for exchange can’t be accessed by the validator.
● Data Stream manipulation and interception. In case of any MITM, Double Spend, or SideJacking, the
users could suffer from a coin loss. There are many methods that can be set up to counter these key
risks.
● If MaidSafe is unable to deliver Safenetwork, or if the Safenetwork encryption is compromised, the
validator will be impacted as it’s purpose is to take advantage of the encryption and resources of the
I didn't even see this, I was trying to look on google for more information. Thank you for the reply, its greatly appreciated.
I like the idea and an early investor of MaidSAFE BUT they need to step it up. Private investors, MasterCoin ICO and BanktoTheFuture fund Raising. Then they announced community development via "PODS" after so much fund raising. Spend alot of time posting privacy news not related to real deliverables. Still on test networks... I hope they 1.) Plot a specific road map with dates, 2,) Announce details around Business Development such as NVO, (I don't thin they have commented much about this project).
After the current ICO bubble bursts I think we will see more regulation such as "Governance" so these ICO can not take the money and not have more fiduciary to provide more transparency/financials/business plan etc.
Still hopeful MaidSAFE!