That’s kind of interesting, cheap fast transactions, not proof of work, and only the validators have the SGX burden (Secret network does something like this with SGX for private-ish smart contract execution)
So we dont like the premine and the forced integration and pump, which is meh to me, everything is premined these days I cant care much about that.
I’m actually surprised it has some cool technology involved, most “privacy” coins dont pass the smell test and with a name like MobileCoin I just assumed the worst, but I still have to laugh that the purchasers had to do KYC then.
Oh crypto.
Its pretty clear that they omit some information to give people less to disagree with. They pump it and sell, thats going to happen. I don’t care much about that either, speculators are going to get sold into, that’s not even controversial.
The Signal forced integration is grimy.
I still wish there was a stable privacy coin. USDC and DAI on Tornado.cash is okay, but too few inputs to mix with. Mobilecoin doesnt solve that, just another volatile asset.