Overview

MobileCoin is a new cryptocurrency designed to be used by everyone.

Project stage

Only a whitepaper

Detailed description

MobileCoin is an effort to develop a fast, private, and easy-to-use cryptocurrency that can be deployed in resource constrained environments to users who aren't equipped to reliably maintain secret keys over a long period of time, all without giving up control of funds to a payment processing service.

MobileCoin starts by recognizing that not all clients are capable of participating in a P2P network, and proposes a federated approach instead. The MobileCoin network design is made up of nodes, where each node is designed to serve users.

Nodes do the heavy lifting of tasks that are ill-suited for user clients, such as maintaining an expansive ledger and processing high-throughput low-latency transactions, but are designed such that a node operator should not have access to their users' funds nor learn anything about their users' balances and transaction history.

This is accomplished via a layered approach, combining several levels of protection for defense-in-depth and forward-secrecy.

Features

Easy key management
Securely recover keys using a 4-6 digit PIN. No more long word lists, no more trusting a provider with your keys.

Sub-second transactions
Most transactions complete in less than a second, so payments happen instantly. Like payments should.

Privacy
The entire ledger is opaque, individual transactions are cryptographically protected, and the network uses forward-secrecy.

User-friendly, and planet-friendly
Easy to use security at scale, without the massive electrical waste.

Show details

Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : MOBILECOIN
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 30,000,000 USD
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Own blockchain ()
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Currency token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :NA
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :NA
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Without whitelist
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :BTC, ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :No
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :No
    Get details
  • Token and Funds Distribution

    Token distribution date

    NA

    Unsold tokens

    NA

Sale schedule

Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
Public sale — Soon
Start Soon
NA No - Uncapped 30,000,000 USD
  • Team

    • Joshua Goldbard photo
      Joshua Goldbard
      CEO
    • Shane Glynn photo
      Shane Glynn
      Team member
  • Advisors

    • Moxie Marlinspike
      Advisor

Roadmap

No information

Activity