Private, Secure - MobileCoin
mobilecoin.com
MobileCoin is the first carbon negative cryptocurrency. It's designed to be used as digital cash on your phone. Our payment system is easy to use with near instantaneous transactions.

Is then Signal really a good thing and people just shouting false warnings?

  • CHEF-KOCH
    8·
    3 years ago
    • MobileCoin is Signals version of Monero, or that is how the project got pushed.
    • It requires Intel SGX to be enabled, see here.
    • Later they implemented MobileCoin Fog
    • Whitepaper from 2017
    • I dislike projects that sell themselves with marketing rather than fundamentals.
    • Governance entirely relies on their foundation.
    • How does it work.

    No nos on the no

    • The total supply is 250 million.
    • I don’t think it is publicly known what the circulating supply is. The whitepaper does not mention it.
    • Currently the tx fee is hardcoded to 0.01 MOB.
    • Nodes can only be run by parties trusted by their foundation.
    • Controversial statements via Twitter.
    • The MobileCoin foundation created all the coins and will be selling them directly.

    It is privacy respecting but there are some problems, as mentioned now.