What is a "Mobilecoin Signal"? The Most Authoritative Explanation.

What is a "Mobilecoin Signal"? The Most Authoritative Explanation.

What is mobilecoin and how does it work with signal?

The encrypted messaging app is integrating support for MobileCoin in a bid to keep up with the features offered by its more mainstream rivals. Save this story for later. MobileCoin will bring payments to Signal, but also added complexity and potential regulation. Illustration: Elena Lacey

Is signal launching a mobilecoin payment feature in the UK?

In the spring of 2021, the encrypted communications app Signal announced that it would add a payments feature in beta for its users in the UK, testing out an integration with a relatively new, privacy-focused cryptocurrency called MobileCoin. But a much broader phase of that experiment has quietly been underway since mid-November.

How many devices are using mobilecoin?

“There are over a hundred million devices on planet Earth right now that have the ability to turn on MobileCoin and send an end-to-end encrypted payment in five seconds or less,” Goldbard says, referencing reports of Signal’s total download numbers. […]

Can mobilecoin facilitate decentralized payments?

The MobileCoin company claims the cryptocurrency can facilitate decentralized payments for everyday transactions more quickly than most other cryptocurrencies. MobileCoin is a one dimensional cryptocurrency blockchain. Blocks use a consensus protocol originally developed for the Stellar payment network.

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