MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#1

Post by golangnews » Fri, Dec 15, 2017, 9:59 PM UTC

MobileCoin: A New Cryptocurrency from Moxie Marlinspike
wired.com

Re: MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#2

Post by darawk » Fri, Dec 15, 2017, 10:50 PM UTC

Anyone got a link to the project's website? I'd like to read an actual technical description. Anything MM is involved in is gold in my book.

Re: MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#3

Post by superquest » Fri, Dec 15, 2017, 10:51 PM UTC

darawk wrote: post #2

Anyone got a link to the project's website? I'd like to read an actual technical description. Anything MM is involved in is gold in my book.

site: https://www.mobilecoin.com/

whitepaper: https://www.mobilecoin.com/whitepaper-en.pdf

Re: MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#4

Post by superquest » Fri, Dec 15, 2017, 10:53 PM UTC

> "Nobody actually transacts in cryptocurrency," Goldbard says. "So making something that people can actually use is our first goal. And then we want to find additional ways that people can implement it over time. But initially all we want is to make it so people can actually complete transactions."

Amen. Too few projects have this focus.

Re: MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#5

Post by darawk » Fri, Dec 15, 2017, 10:53 PM UTC

superquest wrote: post #3

darawk wrote: post #2

Anyone got a link to the project's website? I'd like to read an actual technical description. Anything MM is involved in is gold in my book.

site: https://www.mobilecoin.com/ whitepaper: https://www.mobilecoin.com/whitepaper-en.pdf

Thanks, strange Google didn't bring that up.

Re: MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#6

Post by superquest » Fri, Dec 15, 2017, 10:54 PM UTC

darawk wrote: post #5

superquest wrote: post #3

Earlier quoted context omitted.

site: https://www.mobilecoin.com/ whitepaper: https://www.mobilecoin.com/whitepaper-en.pdf

Thanks, strange Google didn't bring that up.

Yea I saw that. I think they just put the site up and hasn't been indexed yet.

Re: MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#7

Post by pilingual » Fri, Dec 15, 2017, 10:56 PM UTC

Here is a year old paper from Imperial College and Cornell where they implemented trustless transactions using Intel SGX.

https://www.cs.cornell.edu/people/egs/papers/teechan.pdf

Re: MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#8

Post by ajennings » Fri, Dec 15, 2017, 10:56 PM UTC

Wow. MM is really going all-in on for Software Guard Extensions (secure enclave) on the server.

What does HN say? Do we trust Intel (motivation and implementation) that much?

Re: MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#9

Post by TD-Linux » Fri, Dec 15, 2017, 10:58 PM UTC

This coin uses Stellar, which is not a decentralized consensus like Bitcoin, but rather federated. It's not really surprising that it has performance advantages.

Also not sure how I feel trusting the fate of a cryptocurrency to the strength of Intel's SGX.

Re: MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#10

Post by 21 » Fri, Dec 15, 2017, 11:02 PM UTC

ajennings wrote: post #8

Wow. MM is really going all-in on for Software Guard Extensions (secure enclave) on the server. What does HN say? Do we trust Intel (motivation and implementation) that much?

This is the best way to test SGX, there will be huge incentives to find a vulnerability of any kind (including hardware).