It's what you describe. They're working on it, hopefully to be released some time this year. You upload something, it gets distributed to random nodes on the SAFE network. Minimum of 4 live copies of your data, and if any of them get taken down, another copy is immediately created on another machine. This completely eliminates the need for hosted servers for most types of apps. You can upload any files, including javascript, which means you can essentially run entire SPA and other applications using this network.
It's what you describe. They're working on it, hopefully to be released some time this year. You upload something, it gets distributed to random nodes on the SAFE network. Minimum of 4 live copies of your data, and if any of them get taken down, another copy is immediately created on another machine. This completely eliminates the need for hosted servers for most types of apps. You can upload any files, including javascript, which means you can essentially run entire SPA and other applications using this network.
[0] http://maidsafe.net