Bismuth BIS to MaidSafeCoin MAID Exchange

Crypto Pair Details: BIS to MAID

Bismuth BIS

Bismuth, a digital distributed self-regulating database system whose primary application is currency, and its first application is mining. It comes with a set of DAPPs out-of-the-box. Bismuth is not based on the code of BTC or any of its derivates, it is only inspired by some ideas laid down by Satoshi Nakamoto (BitCoin), Sunny King (Peercoin), NXT and ETH developers. Bismuth does not draw any code from other repositories, instead, it reformulates the cryptocurrency code in its own terms to be easily readable, compatible across all platforms, integrated into business solutions with utmost ease and most importantly open for development to a wide public through its simplicity while minimizing the security risk for custom code implementations. Bismuth is a decentralized transaction platform focused on modularity and open source approach. It comes with default decentralized applications and tools out of the box, not only to be used by everyone but also to be hosted by anyone. These applications are supplied as interpretation engines, which prevents blockchain bloat. Inspired by Satoshi’s whitepaper, Bismuth also offers optional hyperblocks as a pruning mechanism, a system which greatly reduces disk space usage and increases execution speed.

MaidSafeCoin MAID

MaidSafeCoin serves as a token for Safecoin, a decentralized currency for a decentralized network. Safecoin will serve as the currency for the SAFE network, a network made up of the extra hard disk space, processing power, and data connectivity of its users. Think of it as the sharing economy but for your digital resources. MaidSafe is the company developing the SAFE network to save the world from the perils of centralized data storage. In the current paradigm, the best case is corporations use your data to better target you to their advertisers. The worst case is they leak your private data to the public, as Yahoo, Equifax, Target, and many other companies have already done. The SAFE network ultimately wants to “create a secure, autonomous, data-centric, peer-to-peer network as an alternative to the current server-centric model.” There will be two main users of the network: clients and farmers. The client accesses the various features of the network, such as browsing, storing data, or transferring money. The farmers store and look after your data until it’s needed, at which point they might receive a reward for their efforts. The SAFE network is an “encrypted layer that sits on top of the current internet, allowing for autonomous data storage and networking by replacing three” of the OSI networking layers. MaidSafe, a Scotland based company, started developing the SAFE network in 2006. The presale on April 22nd, 2014 sold 10% of all MaidSafeCoins. You could buy 17,000 MaidSafeCoins for 1 BTC at that time. The company allowed 30 days to try and reach their 8 million dollar fundraising goal, but they reached the target in just 5 hours. The team is currently in stage Alpha 2 on their roadmap. the future of this crypto, quite like other presently available cryptos such as BitShares, Cardano, Dent, looks bright because the concept of having a decentralized internet is a fresh one. As more and more networks—whether data networks or social media—make the shift to decentralization, MaidSafeCoin coins’ value will grow. Just keep an eye on MAID because it is all set to seriously disrupt the internet landscape for the better. The future of this crypto, quite like other presently available cryptos such as BitShares, Cardano, Dent, looks bright because the concept of having a decentralized internet is a fresh one. As more and more networks—whether data networks or social media—make the shift to decentralization, MaidSafeCoin coins’ value will grow. Just keep an eye on MAID because it is all set to seriously disrupt the internet landscape for the better.'

SOURCE: COINGECKO

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