The SAFE Network is a secure and fully decentralised data management service. The network is made up from the unused computer resources provided by the individual network users.
Each user of the SAFE Network provides a small part of their computer resources; hard-drive storage, CPU power, and bandwidth. This local resource is called a Vault. Each Vault is cryptographically secure and connects to other Vaults throughout the network.
The user's data is encrypted and broken up into chunks. These chunks are then distributed around other Vaults in the network. At no point do any of the other Vaults know anything about the data they have been asked to store other than anonymous network address information.
The result of the encryption and network-wide distribution of information is a highly secure and private data management and communication experience for all users.
The SAFE Network also supports applications and programs that can be accessed by network users. These applications may be free to use or paid for by using safecoins.
Safecoin is the currency of the SAFE Network and is the oil of the SAFE Network engine. This digital token can only exist on the SAFE Network and incentivises desirable behaviour. Users can earn safecoins by providing resource to the network. Similarly, application developers can earn safecoin by creating applications. Safecoins can be traded for any type of network service, or converted to other crypto currencies or traditional fiat currencies, after decentralised exchanges appear.
As the SAFE Network grows, it is anticipated that the value of the limited safecoins will grow. Safecoins are only generated by the network based on how much it is used, ensuring no over supply. Initially safecoin will be the only currency on the network and this utility will help to further drive it's value.
Ranked in these QuestionsQuestion Ranking
Pro Data Management Security
Invisible to users, all data is encrypted in real time
Real time data de-duplication, reduces amount of data stored
Real time replication, recovery and corruption repair
Geographic distribution of 'replicant' data (allowing mass network outage at zero loss)
Cryptographically secure signatures and key's ensure ownership
Nobody has access to anyone else's data unless specifically shared
Pro No Administrators - Only Users
Network automatically configures and reconfigures in near real time
Privacy and data protection via thousands of algorithms on hundreds of nodes working in tandem
Network decides in real time where data is stored
Data caches close to users in real time
Remove need for network provisioning and planning (hint, computers are better at this than us)
No data centers, so no data center staff
Pro Password and Key Security
100% protection against passwords being stolen in transit (they are never transmitted)
Three (minimum) distinct system areas with separate keys and IDs (no network link between them)
Login to system with username, pin and password
Store, retrieve and manipulate your data with another ID (cryptographic key set)
Communicate with others through another ID
For every private share, another key chain is created and shared
Pro Share any Kind of Data
Create private shares between friends and colleagues (instantly and securely)
Create any number of public shares for public data (thin web sites)
Create micro-blogging systems
Create social networking systems
Share anything, music, programs, photos, even operating systems with no size limits
Pro No Servers
No servers = no data centers
100% server security (there are no servers)
Impervious to web censoring (no DNS)
Denial of Service attacks rendered invalid via opportunistic caching
Unlimited data storage with no monetary cost and no transactions
Pro Distribute Applications
Allow enormous apps on the smallest of devices
Share processing, storage and memory across the network, distributing each of them automatically
Structured data versioning allows roll back, automatic and manual merging as appropriate to your application
Pro Fully anonymous cryptocurrency
Safecoin is the cryptocurrency of the SAFE (Secure Access For Everyone) network. There is no global ledger in the SAFE network that tracks transactions like with block chain technology. Safecoin is LITERALLY digital cash... each safecoin holds a current owner and previous owner and nothing more.