MaidSafeCoin MAID to Aurora AOA Exchange

Crypto Pair Details: MAID to AOA

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.'

Aurora AOA

Auroracoin is a decentralised, peer-to-peer, and secure cryptocurrency released as an alternative to the Icelandic Króna to bypass governmental restrictions associated with the national fiat currency. It was launched with the aim of becoming the ‘official’ cryptocurrency of Iceland. AUR was a pioneer in the area of country-specific cryptocurrencies. AUR was launched on the 25th of January, 2014, by an anonymous developer who went by the pseudonym of Baldur Friggjar Óðinsson. It was originally based on Litecoin, using the Scrypt algorithm with a Proof of Work mechanism, but was later updated to use a multi-algorithm architecture in 2016, forked from DigiByte. Auroracoin uses the PoW consensus mechanism, which utilises device hashing power to solve a complex mathematical problem in order to authenticate a transaction proposed to be stored in the blockchain. The difficulty of solving the problem ensures that authenticating forged transactions is very difficult unless the attacker owns an impractically large chunk of the network’s total hashing power. AUR is one of the only cryptocurrencies to use a combination of five different hashing algorithms, namely Grøstl, Qubit, scrypt, SHA-256, and Skein. While initially very popular, Auroracoin has seen little to no activity for a while, with poor marketing, and frequent dev team changes. Reasons for little growth have been various, from slow adoption in Iceland, to developers leaving and joining the project midway. However, it is expected to not go lower than the recent low, and might see a rise as AUR plans to launch a more aggressive marketing campaign in Iceland to promote the coin among the masses. Unlike most other altcoins, Auroracoin has made extensive changes to the original codebase. It has introduced security measures such as Automatic checkpointing, and protecting against known flaws present in the BTC blockchain, such as 51% block replacement attacks.

SOURCE: COINGECKO

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