## What Is MobileCoin (MOB)?

MobileCoin (MOB) is a [decentralized](https://coinmarketcap.com/alexandria/glossary/decentralized) payment platform established in 2017 by MobileCoin Inc. However, the network went live only in December 2020. A privacy-focused cryptocurrency, MOB, was created to be used as digital cash on mobile. Secure and easy payments, along with fast and encrypted transactions, are claimed to protect personal data. The developers aspire to revolutionize the [P2P](https://coinmarketcap.com/alexandria/glossary/peer-to-peer-p2p) payment system where transactions are stored on a blockchain ledger.

The project was designed to be integrated into messaging apps like WhatsApp, Telegram, Facebook Messenger, and Signal. How does it work: a user enters a PIN code to send or receive funds. No one but a sender/a receiver can check the details of transactions. Users can always recover their keys with a recovery PIN. Confidentiality is a priority, and the platform applies [ring signatures](https://coinmarketcap.com/alexandria/glossary/ring-signature) to authenticate the ownership and use of digital assets. The benefits of the ecosystem also include security and speed of transactions, environmental friendliness, and intuitive optimization for mobile devices.

MobileCoin is open-source. Users have the option to verify the programming techniques. 

In addition, MobileCoin is not only user-friendly but also planet-friendly, claiming to be one of the first negative carbon cryptocurrencies in its niche.


## Who Are the Founders of MobileCoin?

MobileCoin was co-founded in 2017 by Joshua Goldbard and Shane Glynn. The company has its headquarters in San Francisco, California.

Joshua Goldbard is CEO of MobileCoin Inc. He previously worked for a telecommunication holding company, AT&T, and was a founding partner at Crypto Lotus – a crypto-focused hedge fund. Goldbard is a true expert in network deployment who started his career in telecommunications, gaining experience with mobile systems and discovering his passion for cryptography.

Shane Glynn has a law degree. In the company, he holds the position of General Counsel and establishes crypto regulations. Glynn is a former Google expert with a background in telecommunications and mobile devices.

Another key contributor is Moxie Marlinspike, who reportedly was a technical advisor to MobileCoin at early stages. He’s most known as the creator of encrypted messenger Signal.


## What Makes MobileCoin Unique?

The ultimate mission of MobileCoin is to create an end-to-end encrypted messaging platform. The developers aim to turn MobileCoin into a universal, accessible, secure and sustainable payment system worldwide.

The project is a simple and secure currency utility emphasizing data encryption. The protocol encrypts P2P transactions in seconds in a decentralized and private way. MobileCoin is developed so that messaging apps can integrate with the MobileCoin wallet, while wallets can be smoothly connected to phones. It’s pretty easy to restore as well. Platform users have access to an intuitive interface where they can send/receive values ​​in MOB tokens, control balances, and view transaction history.

The key components of the ecosystem include:

MobileCoin Wallet. A native product and a noncustodial wallet available on desktop and mobile devices.

MobileCoin Recovery PIN. Users can restore their wallets with the private key.

MobileCoin Consensus Protocol. MCP uses Stellar Consensus Protocol (SCP), which allows fast confirmation of payments and forms an end-to-end encrypted environment.

Software Guard Extension. SGX is an encryption and isolation technology that provides an additional layer of security to the blockchain and protects data.


#### Related Pages:

Read about [Celo (CELO)](https://coinmarketcap.com/currencies/celo/) – a project focused on increasing cryptocurrency adoption among smartphone users.

Learn more about [Stellar (XLM)](https://coinmarketcap.com/currencies/stellar/) and [Monero (XMR)](https://coinmarketcap.com/currencies/monero/).

What is Peer-to-Peer (P2P)? Find out with the [CMC glossary](https://coinmarketcap.com/alexandria/glossary/peer-to-peer-p2p).

Check out the best educational resource for crypto – [CMC Alexandria](https://coinmarketcap.com/alexandria).


## How Many MobileCoin (MOB) Coins Are There in Circulation?

MobileCoin has its native currency, MOB, that powers the entire ecosystem. As of March 2023, there is a circulating supply of 195,286,109 $MOB, and a total supply of 250,000,000 coins.

MOB is intended for peer-to-peer (P2P) payments on the MobileCoin network. Tokens can be integrated into messaging apps, allowing users to conduct confidential transactions and transfer funds to each other with MOB.


## How Is the MobileCoin (MOB) Network Secured?

The MobileCoin Consensus Protocol (MCP) chooses [Stellar](https://coinmarketcap.com/currencies/stellar/)'s reputation check. It applies Stellar Consensus Protocol to record transactions, CryptoNote and zero-knowledge proofs to hide transaction details, and ring signatures, one-time addresses, RingCT to protect user data. Stellar Consensus Protocol (SCP) uses the federated Byzantine agreement model ([Proof-of-Reputation](https://coinmarketcap.com/alexandria/glossary/proof-of-replication)), which is robust to Byzantine faults and solves the Byzantine agreement problem.

Thus, the MobileCoin ecosystem includes several protective layers at once: Open-Source Code, Decentralized Governance, CryptoNote, Ring Confidential Transactions, Bulletproofs, MobileCoin Ledger, Byzantine Agreement, Secure Enclaves, Remote Attestation, Oblivious RAM, and Fog Threat Model.


## Where Can You Buy MobileCoin (MOB)?

As of March 2023, it’s possible to buy, sell or trade MobileCoin (MOB) on many major exchanges and crypto markets, some of which are: [Binance](https://coinmarketcap.com/exchanges/binance/), [Gate.io](https://coinmarketcap.com/exchanges/gate-io/), [Bitfinex](https://coinmarketcap.com/exchanges/bitfinex/), [Bitrue](https://coinmarketcap.com/exchanges/bitrue/), [Tokocrypto](https://coinmarketcap.com/exchanges/tokocrypto/), [CoinEx](https://coinmarketcap.com/exchanges/coinex/), [Deepcoin](https://coinmarketcap.com/exchanges/deepcoin/), [Pionex](https://coinmarketcap.com/exchanges/pionex/), [BigONE](https://coinmarketcap.com/exchanges/bigone/), [BingX](https://coinmarketcap.com/exchanges/bingx/), [4swap](https://coinmarketcap.com/exchanges/4swap/), [Hotbit](https://coinmarketcap.com/exchanges/hotbit/), and [ZT](https://coinmarketcap.com/exchanges/zt/).

Want to keep track of MOB in real-time? Install the CMC [mobile app](https://coinmarketcap.com/mobile/).

Find crypto news and educational articles on CoinMarketCap [Alexandria](https://coinmarketcap.com/alexandria/).

MobileCoin

Welcome to MobileCoin's Community channel aggregated by CoinMarketCap.

Tranchess Protocol is the brainchild of Co-Founder Danny Chong and Team. The concept was incepted in 2020 with a team across diverse experiences and roles in tech firms such as Google, Facebook, Microsoft to Investment Banks such as Morgan Stanley, UBS and BNP Paribas.

Our tech team is particularly experienced with cyber security in trading and DeFi protocols, their knowledge in smart contract coding is additive to the maintenance and upgrades in years to come.

Danny himself had worked at both BNP Paribas and Societe Generale, holding positions across his career from trading, sales and management regionally in FICC space.

It is the team’s vision to empower users of DeFi with Omni Asset Management capabilities and contributing to the paradigm shift from Traditional Finance to DeFi. And in time, to offer a full product suite in Asset Management Protocols, tailored for DeFi users across risk capacities and appetites.

Tranchess

Liquity

Kyber Network is a multi-chain hub of liquidity protocols that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp). The main goal of Kyber Network is to enable DeFi DApps, decentralized exchanges (DEXs) and other users easy access to deep liquidity pools that provide the best rates.

KyberSwap.com, its main DEX aggregator and liquidity platform, provides the best swap rates for traders in DeFi compared to individual exchanges. It also enables liquidity providers to maximize earnings via high capital efficiency. KyberSwap sources liquidity from multiple DEXes such as Uniswap, Sushi, Curve, QuickSwap, Pancakeswap, Traderjoe, Pangolin, SpookySwap, SpiritSwap, VVS Finance, Velodrome, GMX, and many others to achieve the best rates for traders on different chains. KyberSwap supports over 13 chains including Ethereum, BNB Chain, Polygon, Avalanche, Fantom, Cronos, Arbitrum, Optimism, Velas, Aurora, Oasis, BitTorrent, Ethereum PoW, and soon Solana.

KyberSwap is decentralized and permissionless, not requiring account sign-up or personal information. All transactions on KyberSwap are on-chain, which means transactions do not need a centralized third-party, like a centralized exchange, and they can be easily verified using the Ethereum or other chains’ block explorer.

Projects can build with KyberSwap to access its different features, such as the instant settlement of token swaps, liquidity aggregation for the best rates, liquidity pools, and a customizable business model. Kyber looks to solve the liquidity issue in the decentralized finance (DeFi) industry by allowing developers to build products and services without having to worry about liquidity for different needs.

The Kyber Network Crystal (KNC) token is a utility and governance token that is the "glue that connects different stakeholders in Kyber's ecosystem." KNC holders can stake their tokens in the KyberDAO to help govern the platform and vote on important proposals - and earn staking rewards in KNC that come from trading fees. Investors in KNC include #Hashed, Signum Capital, ParaFi Capital, HyperChain Capital.

Kyber Network Crystal v2

Radworks

PlayDapp has developed a comprehensive ecosystem tailored for Web3 users, leveraging the PlayDapp Mainnet as the foundational infrastructure.
Our ecosystem seamlessly integrates various components, including Mobile Web3 Games, NFT Marketplace & Aggregator, NFT Collections, a DAO Game, EZ Play (Revamped Tournaments) and strategic partnerships with notable enterprises. The PDA token enables seamless interoperability, allowing users within our ecosystem to interact effortlessly with each of our products.

PlayDapp

Mask Network is a protocol that allows its users to send encrypted messages over Twitter and Facebook. It essentially acts as a bridge between the internet and a decentralized network running on top.

Mask Network was initially launched in July 2019, with its first use case of allowing Facebook and Twitter users to encrypt posts on the social media platforms. It then raised $2 million in a funding round in November 2020, co-led by HashKey and Hash Global, and a further $3 million funding round in February 2021 with participation from Digital Currency Group and Fundamental Labs.

Now, Mask Network offers the ability to fund Gitcoin grant campaigns directly from Twitter, as well as plans to offer peer-to-peer payments and decentralized storage functionality. It is a decentralized portal that also allows users to use DApps like crypto payments, decentralized finance, decentralized storage, e-commerce (digital goods/NFTs) and decentralized organizations (DAO) over the top of existing social networks without migrating, creating what is referred to as a decentralized Applet (DApplet) ecosystem.

Mask Network

Multichain (MULTI), previously known as Anyswap, claims to be the ultimate router for web3 and has positioned itself as an infrastructure developed for arbitrary cross-chain interactions.

As claimed in their official documentation, Multichain offers solutions that enable nearly all blockchains to interconnect – regardless if it is EVM chains (e.g., Avalanche), Layer 2 chains tied to Ethereum (like Polygon), Parachains networks like Moonbeam on Polkadot, and so on.

Multichain is a prominent name in the cross-chain space, with a rapidly growing network of 26 chains, with Total Value Locked (TVL) reaching highs of over $10.45 billion, and a sustained daily volume of over $100 million. However, the onset of the bear market and recent news of Multichain CEO being uncontactable saw TVL dropping to $1.38B.

Multichain

Ardor

dForce

aelf

ZEN is the governance and utility token for Horizen, a zero-knowledge-enabled network of blockchains powered by the largest node infrastructure in the industry. Blockchain interoperability is enabled by the Zendoo protocol, which uses SNARK-verification and allows for complete flexibility in sidechain type, consensus, and speed. Cryptographic verification of networked chains offers massive scale, and the network currently supports up to 10,000 sidechains with a throughput limit of 10,000,000 TPS.

Zendoo makes Horizen a permissionless network of blockchains. Developers can deploy their blockchains within the ecosystem using a variety of SDKs. In 2023, the ecosystem team launched Horizen EON, a public proof-of-stake sidechain and an EVM-compatible smart contracting platform that allows developers to efficiently build and deploy dapps on the Horizen ecosystem, while benefiting from the Ethereum ecosystem. Since going live with Horizen EON, DeFi projects including SpookySwap, Ascent Exchange, and Yuzu have successfully integrated into the Horizen ecosystem. Get started on Horizen EON today!

Horizen's native cryptocurrency, ZEN, is a mineable PoW coin currently trading on major exchanges, including Coinbase and Binance. ZEN can be staked to participate in Horizen's nearly 50,000 full node network.

While ZEN was previously a privacy token, following ZenIP 42204 in June of 2023, the network removed its existing privacy features in favor of moving towards a vision of adaptability and responsible, scalable growth.

Horizen

Alchemix

Launched in 2017, Livepeer is the first live video streaming network protocol that is fully decentralized. The platform aims to become a viable blockchain-based, economically efficient alternative to centralized broadcasting solutions for all new and existing broadcaster companies.

To learn more about this project, check out our deep dive of Livepeer.

As stated in the official Livepeer whitepaper, the live video streaming and broadcasting industry is growing at a rapid pace, and the company is looking to ride this wave and introduce decentralization to the environment. Livepeer aims to streamline the broadcasting process by allowing producers to submit their work on the platform, taking care of reformatting and distributing the content to users and streaming platforms.

Livepeer

UMA was founded in 2018 by Allison Lu and Hart Lambur, two ex Goldman Sachs traders, with the goal of making global markets universally fair, accessible, secure and decentralized.

The team drew inspiration from traditional finance derivatives to define an open-source protocol to allow anyone, anywhere, to design and build trustless financial contracts.

Bella Protocol is a platform that provides a suite of DeFi products designed to make crypto banking simpler and more accessible. The protocol aims to create a better user experience by eliminating the high fee and slow transaction issues that can affect some blockchain platforms — while simultaneously improving the user experience through its simplified DeFi smart portal.

Bella's smart pool feature allows users to access the best yields available in the DeFi market, while benefiting from nearly zero gas fees — since these are directly subsidized by the platform.

The project launched in September 2020 as the first project distributed via Binance’s Launchpool platform, and has secured investments from several prominent firms, including Arrington XRP Capital and Ledger Capital.

The protocol was built by the ARPA team, a blockchain-based layer 2 solution for privacy-preserving computation. The BEL token is an essential component of the Bella Protocol ecosystem and serves as both a reward token that allows holders to participate in the governance of the platform.

BEL can be used to farm fee rewards from the network, get exclusive discounts on Bella protocol products (such as its robo-advisor tool), and for earning staking rewards.

Bella Protocol

Beta Finance is a permissionless money market on Ethereum for borrowing, lending and shorting crypto assets. It allows users to access a scalable and accessible money market where tokens can be listed permissionlessly and automatically and where users can short these tokens. Beta Finance plans to launch on additional layer one and layer two solutions after its Ethereum Mainnet launch.

Users have three options: lending, borrowing and shorting. Lenders will be able to lend crypto assets for any market that exists on Beta Finance and earn interest on it. Borrowers can take the contrary position, while short-sellers are able to use collateral to initiate short positions. Unlike centralized exchanges, Beta Finance does not use an order book to execute shorts but routes the trade through decentralized exchanges that use automated market makers. As part of its Phase 2 launch, the platform plans to release permissionless money market creation.

Beta Finance

Secret (SCRT) is a privacy-oriented blockchain built on Cosmos. Its smart contracts are called Secret Contracts and allow DApps to use private data on Secret, similar to how smart contracts operate on other blockchains. However, Secret Contracts transfer encrypted inputs into encrypted outputs without exposing data. This is made possible thanks to the encrypted contract states during the execution.

Data privacy is guaranteed by combining encryption protocols and key management within a Trusted Execution Environment (TEE). This allows Secret Contracts to compete for several privacy-related use cases that traditional blockchains have found difficult to accommodate. For instance, private voting mechanisms or credit scoring applications become possible since they do not expose sensitive user data on-chain with Secret.

Secret

DODO is a DeFi protocoldecentralized finance (DeFi) protocol and on-chain liquidity provider whose unique proactive market maker (PMM) algorithm aims to offer better liquidity and price stability than automated market makers (AMM).

The PMM pricing mechanism, which mimics human trading, utilizes oracles to gather highly accurate market prices for assets. It then provides enough liquidity close to these prices in order to stabilize the portfolios of liquidity providers (LP), lower price slippage and negate impermanent loss by allowing arbitrage trading as reward.

DODO also caters for new crypto projects with a free ICO listing through its Initial DODO Offering (IDO) which requires issuers to only deposit their own tokens.

DODO’s smart contract operates as an ERC20 token on the Ethereum network.