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1) MobileCoin will build a payments ecosystem around the protocol. 2) I have to check with the lawyers on whether we can disclose exact amounts, but our intent
by josh2600 6y ago
1) MobileCoin will build a payments ecosystem around the protocol.
2) I have to check with the lawyers on whether we can disclose exact amounts, but our intention is to own a small minority of coins over the long term. We want the supply to circulate.
3) I don’t know how to prove this other than to tell you that MobileCoin is here to stay. You’ll know us by our deeds.
4) the threat model is 100% of nodes being compromised with an active attack against SGX. If there is even a single honest machine, the network will scream on any fault.
5) MobileCoin is fast and privacy-protecting (and it works on mobile without consuming tons of energy). There aren’t any other cryptocurrencies that presently fit that bill.
- Thorentis 6y agoThe correct answer to (1) was: "by selling the coins we pre-mined (85% of current float) at a high price, after using the popularity of Signal to pump the price further". Shameful.
- chaps 6y agoDo you feel bad for having a direct part in ruining signal?
- hanniabu 6y agoWhat a bunch of non answers...
- ranguna 6y ago1% of nodes can keep the data intact? This smells of centralisation.
- runeks 6y agoIt is centralization. The central authority is Intel.