Equity Details
Price & Market Data
Price: $0.174
Daily Change: +$0.00491 / 2.83%
Daily Range: $0.165 - $0.187
Market Cap: $43,466,145
Daily Volume: 836
About MobileCoin (MOB)
Market data for MobileCoin (X:MOB). Price: 0.174, daily change: +$0.00491 / 2.83%. Market cap: 43,466,145. Full performance overview.
Details
The MobileCoin Protocol is a set of rules that define a decentralized cryptocurrency. Anyone is free to review the open soure code that implements the protocol, to verify that it is correct or to propose improvements. The MobileCoin Foundation will oversee development of the MobileCoin software in GitHub.The amount of energy required to operate the MobileCoin network is held low by avoiding Proof of work in favour of Federated Byzantine Agreement via the Stellar Consensus Protocol.The Stellar Consensus Protocol was first described in a whitepaper by David Mazières in 2015. It is a “federated Byzantine agreement system” that allows decentralized, leaderless computing networks efficiently to reach a consensus outcome on some decision.