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Mobilecoin (lemmy.zip)

submitted 7 months ago* (last edited 7 months ago) by anonvurr@lemmy.zip to c/signal@lemmy.ml

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Anybody have any experience with mobilecoin? What is the use case for it? Seems kind of pointless and a lot more tedious than just a bank transfer. Why does signal include crypto nonsense in their app (I like crypto, but just can't see any reason why it should be integrated in the app). I'm sad that signal does not have support for 3rd party open source clients that could remove such features. Why not add support for monero instead?

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[–] LWD@lemm.ee 1 points 7 months ago* (last edited 2 weeks ago) (1 children)

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[–] jet@hackertalks.com -1 points 7 months ago* (last edited 7 months ago) (2 children)

https://en.wikipedia.org/wiki/MobileCoin

MobileCoin's mechanics build on Stellar (for consensus) and Monero (for privacy), using CryptoNote alongside zero-knowledge proofs to hide details of users' transactions.[2]

It's a fork of the protocol written in rust, and with proof of stake.

You don't need to actively badger individual users for a discussion that didn't satisfy you from 2 months ago, it doesn't look good and it makes lemmy acrimonious. It's petty.

[–] pedroapero@lemmy.ml 2 points 6 months ago* (last edited 6 months ago)

"a fork of the protocol" does not make any sense. Do you even know what forking means?

[–] LWD@lemm.ee 1 points 7 months ago* (last edited 2 weeks ago) (1 children)

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[–] jet@hackertalks.com 1 points 7 months ago (1 children)

The Wikipedia article and quote I gave you above

[–] LWD@lemm.ee 0 points 7 months ago* (last edited 2 weeks ago) (1 children)

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[–] jet@hackertalks.com 1 points 7 months ago (1 children)

Based on and fork can be used interchangeably in English, this is what the wiki article clearly says.

If you want the full chain of pedantry: They forked the project, then refactored it into rust, then changed the protocol to include proof of stake based on steller.

[–] LWD@lemm.ee 0 points 7 months ago* (last edited 2 weeks ago)

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