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

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

Is mobilecoin supported by signal?

MobileCoin is the only cryptocurrency supported by Signal app. Install the latest version of Signal. Signal can't read your messages or view your MobileCoin transactions, and no one else can either. Information about the transaction is encrypted: sender, receiver, amount transferred, and message are all unknown to Signal.

How long does it take to send a mobilecoin payment?

“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. In fact, getting started using Signal's payments feature still isn't quite that simple.

What is signal payments?

Appropriately called Signal Payments, the new feature right now supports only one protocol: the MobileCoin wallet and its companion cryptocurrency MOB. MobileCoin has a close relationship with Signal co-founder and CEO Moxie Marlinspike, who advised the company prior to its most recent round of funding announced last month.

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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  Worldwide Rollout of Signal’s Cryptocurrency Capability Now Available Everywhere

  2023-05-24

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