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

  • CHEF-KOCH
    link
    fedilink
    7
    edit-2
    2 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.

    • TmpodMA
      link
      12 years ago

      (fog link is moved 😉)

  • @onlooker@lemmy.ml
    link
    fedilink
    32 years ago

    Isn’t this the Monero knockoff that was mentioned a while back? If so, I would stay away. If not, I would still stay away, because I can’t find the source code anywhere. We’re supposed to, what, just blindly trust these people?

    • TmpodMA
      link
      22 years ago

      If so, I would stay away.

      Are you saying this because it is a Monero fork or because it is a Monero fork? As in, don’t you trust it because it’s Monero or because it is a fork?

      If not, I would still stay away, because I can’t find the source code anywhere.

      Source is at: https://github.com/mobilecoinfoundation

      • @onlooker@lemmy.ml
        link
        fedilink
        12 years ago

        Are you saying this because it is a Monero fork or because it is a Monero fork? As in, don’t you trust it because it’s Monero or because it is a fork?

        Because it’s a Monero fork. And from Moxie Marlinspike, no less. I just don’t trust that guy. Thanks for the link, btw. I still can’t find it anywhere on their page, though. Or am I just missing something obvious?

        • TmpodMA
          link
          12 years ago

          Yeah it seems the link is nowhere to be found on their page… Lol

          Why are you suspicious of Monero forks? I dislike the premise and background of Mobile Coin too (and its weird tie to Signal) but a Monero fork doesn’t seem inherently bad.

          • @onlooker@lemmy.ml
            link
            fedilink
            32 years ago

            I’m not suspicious of Monero forks in general and of course just by being a fork doesn’t make it inherently bad, but I am suspicious of this fork in particular. I would say I’m wary of the rest, though. Monero has been around for a while and has also been audited, unlike its forks. Maybe they’re better than Monero, maybe they’re worse. I simply have no way of knowing.

            • TmpodMA
              link
              22 years ago

              Gotcha, males total sense.