Contra vex .hgroup #masthead The Brokenness of MaidSafe .entry-header Sometimes, you gotta feel for the idealists in this space. Their relentless optimism is matched only by their blind naivety. On one hand, you understand where they’re coming from, i and on the other hand, you want to crack some eggs ii and set them straight. As is typical of logic derived from the “sharing economy,” iii MaidSafe aims to monetize excess hard drive and CPU capacity and decentralize encrypted storage. To fund this, the MaidSafe Foundation is issuing SafeCoin on the Mastercoin protocol, which is itself built on top of the Bitcoin protocol. iv While it’s understandable why someone would want to monetize some kinds of unused capacity, why this should be applied to your hard drive is beyond me. For one, if a person is looking for convenient and “trusted” cloud storage, they’re going to ...