Open letter to SAFE.EXCHANGE the first SAFE Network child

Hi @dallyshalla,

Daniel you are the genius behind, I’m just a simple clueless consumer who can’t even code.

You ask for SEC holders opinion so here is mine. This was the idea behind SAFE.EXCHANGE and what people put their money to support.

Even after your announcement that your going in another direction, I’ve NEVER sold my SEC, because when I believe in something I support it regardless. I can even give you my public ID and you will see yourself that those coins NEVER moved. From a SAFE Network project, heck even the first SAFE Network project, SAFE.EXCHANGE is now a private blockchain project with:

Fee for transactions

Private blockchain network
“I don’t want people to get dragged into what they don’t want to do!”

Email from sec holders, I PMed you to stay on course and be patient
(keep to the original proposal)

I’m a producer of software, I don’t have to plugin to something else
Then please push forward the SAFE Network api, like seneca is doing right now

Server: My question here is going to keep working on a server? My question here is going to have a website on the clearnet?

Vote indefinetly: I thought that you could vote on a proposal and after that get your coin back, does this mean that SEC are going to remain in proposals indef…

Integrity of blockchain

  • Did you know that Vitalik Buterin was ddosing the Ethereum network to stop the DAO hacker? ddos is possible on a blockchain, I believe even a private blockchain.
  • Do you know about Double Spending as a service (tool)

Daniel these are my questions/concerns:

  • Who are the miners of this private blockchain and how do all the participant get paid, if they’re not a miner?
  • Who/what prevents a ddos? SAFEcoin did this in the early idea
  • Is the scaling issue solved on this private blockchain?
  • What are the login mechanisms into the
  • Will the website stay on the clearnet?
  • Is this anonymity, you speak off proofable?
  • Voting: when voting you can import your privatekey, when you submit a vote it seems like your sending the entirety that’s in that wallet to the proposal. (is this true) maybe for the future there should be an option to pick how much you want to send for that proposal.

My 2 SECents: please come back to the SAFE Network and give it’s true home. Although things haven’t gone as quick as we all hoped, good things take time. 1 some parts of blockchain wasn’t built with security, but as afterthought, if you put that against something that was built with security from day 0, it becomes clear to even me as clueless simple consumer. You asked for people’s opinion, so maybe it’s time to vote about this matter.

You can create two bitcoin addresses and people can send 1 SEC to a YES or NO addresses, “IF YOU SHOULD TAKE THE PROJECT BACK TO THE SAFE NETWORK” you keep the money that’s generated and you’ll have the real opinion of the SEC holders. I’ll send 10000 SEC for a yes vote, because I believe it’s the best thing for the project.

You are a true builder, I’m just a resident that shelters under your idea, but please build on a solid secured foundation.


Yes, the plan is to build a network software. In the post seneca presents, react + redux = front end visualization rendering software. It describes little more than playing with the veneer of “safe network” not with what would lead to a finished “safe network” (that was supposed to maidsafe job, and its had millions of dollars already to do that)

We can also build a special browser that displays websites from our blockchain, but im not sure it is wise to do so, so we keep it strictly for transactions and trades.

You do not submit your coins for a vote, you are just signing a “vote object” which proves you are the owner of the private key associated with a specific public key which holds a balance that is linked to the snapshot of the blockchain of existing SEC holders at the time that the proposal was made.

I did not suggest a private blockchain. The plan is to produce a public blockchain much similar to bitcoin/monero/litecoin using proof of work as the write access permission is the point

it doesn’t look like a legit service

It is a public blockchain, miners are doing proof of work with their computers collecting transactions and producing hashes until they are correct before submitting their transactions and the answer to proof of work.

Developers can get paid because they can supply their payment address with all requests done through the GUI and the network will pay out a portion of the transaction fees (not the block reward) to the developer’s payment address.

In the case of SEC holders, we can distribute our GUI client’s coins to each of us.

ddos is prevented because the software is engineered to drop invalid requests to nodes and to drop malicious connections and the more support from the world in terms of machines the more redundant our process the more reliable the system can be against ddos attacks… its the same story for “afecoin”

  1. it is not suggested as a private blockchain
  2. scaling should not be an issue because we can modify block size to accommodate enough transactions and
  3. harddrives are getting less expensive everyday, so we can have blockchains as large as we want, even if the blockchain reaches 1 terabyte by 2020 it should be alright assuming that harddrives continue to be less expensive and increasing in size… same story for safecoin

your public key and payment address

I forge an idea to allow a website to be stored n the blockchain and a custom application to pull it out of there, yet then it would be best if there was only 1 such website, because if everyone was putting websites to the blockchain it would get out of hand at least i think so haven’t tested this yet but i know it cna be done.

Yes we are to base this on existing improvements to cryptonote protocol

you do not send anything anywhere just proving you own the private key and signing your vote… no one can vote on your behalf or modify your vote and it still be valid

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the thing is it isn’t much about time, it’s that the original plan and bravado was about an implementation maidsafe (2014) that is nothing like it is today proving that from day 0 of maidsafe there is no concrete know how what to do. and so people generally can hope that they are not being deceived anymore, and it would be foolish for me to keep hoping meanwhile time keeps passing, we won’t do safe exchange ICO 2.0 if you can see what I mean, and I believe in the idea that brought me to the maidsafe offering. That hasn’t changed, to build an exchange that is autonomous and so I am interested in pursuing that and not depend on a 3rd party anymore because I might not have to (assuming majority of vote is in agreement)

there is not much to offer safe network for me, there is a process of development that is 100% not transparent, you can not see what is being thought about by maidsafe, there is no definitive blue print to make success, you must talk with david irvine what he thinks the programmer should do… OR make completely you own project, because maidsafe is not an inclusive entity and then also open source developers are not willing to help private company that is going to own those open source developers’ work and for free either.

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The moto of my company is: “Save Time, SAFE money”

Let’s save time, if you put up a vote today, you’ll get the SEC holders their feedback on the matter.

If you don’t put up the vote, I’m sorry bro, but then you was not asking for nobody’s opinion or feedback. If you don’t mind I’ll share your reply on the SAFE Network forum.

It is legit, matter fact you can try it yourself.

Of course I’m putting up the proposal for voting, no doubt it’s going up in a few days.


what I meant is that it is not a real double spend, it just appears to be one but the blockchain will never confirm the double spend. Faster blocktimes alleviate this issue

I’ll send €100 vote money. Thanks for all your hard work.

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@19eddyjohn75 when you vote you don’t lose any coins just prove them against the proposal, and generate a “vote file” which you send to the app that collects and validates the votes.

I want to be on it for us all.

Reason we need some days is that some people are still storing their coins in the exchange, I was asked about this as well. If we can vote from the exchange, and the answer is no. So some people will need a heads up before I actually create the proposal because it takes a snapshot which can not be altered later and remain valid.

Once the proposal is made, where ever the coins lie is the only addresses that can vote for that proposal.

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IL be ready to vote for your proposal daniel :wink: tyvm

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one thought that comes to my mind when i see daniel at action:

veni, vidi, vici.
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So no plans to build on safe with the appendable data and structured data stuff going on?? Could you explain why?

structured data and appendable data are just just programming design patterns the underlying rails for them are not valid and that is why we can not rely on them

Yeah the programming design patterns you can build safeX with on the actual safe network. You seem to be implying the underlying “rails” are not secure?? Could you elaborate?

the safe network doesn’t exist… rails don’t exist… we cant start pretending like maidsafe launched a real peer to peer persistent data network

our blockchain network also has structured data the difference is a real persistent data + peer to peer network architecture

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Where is your Blockchain? Has it been started? I wasn’t aware as I haven’t been here for awhile. What about when the network launches officially? Will you then acknowledge and clone/port your exchange?

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I have not built it yet though I have a plan for it.

Tomorrow ill be publishing the request of SEC holders to let me know that they agree that we build a blockchain network that builds a decentralized contract market that has anonymity.

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If it evaluates to being real … i dont think it will be reliable to just go all in IF there is maidsafe persistent data network… and probably a couple years… they already use the 8 years 10 years deception it cant be trusted imo it needs a fresh testing maidsafe will be based on 0 days of testing on “launch” (im not pretending theres a when for maidsafe either)

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Fair enough, I hope the day it proves itself comes soon enough as your exchange would be valuable to the network and was in line with the vision of your original followers. Glad to hear you are being open minded about it. Thank you for your time and good luck


I haven’t been here for a While,
I am totally lost about safexchange project,
I have read here and there about Daniel changing the project, abandoning the safenetwork.
Can someone explain to me? I haven’t found any good topic detailing that, only topics complaining about the changes.
I also have all my coins since the ICO.
I am not afraid of losing money, I know that these kind of projects involves risks. Just want to stay updated

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