Forwarded from BlackBox (Security) Archiv
Signal adopts MobileCoin, a crypto project linked to its own creator Moxie Marlinspike
Many technologists today were disappointed to learn that Signal, an encrypted messaging service, is adopting MobileCoin (MOB), a new cryptocurrency that went live in December, for payments.
Signal is hugely popular in the tech world. I use it, and many of the people I correspond with use it as a safe and secure way of communicating. And many prefer it over WhatsApp and Telegram.
Now, the non-profit wants to take the next step into becoming a payments service—so you can send money, and nobody will know who you are sending it to, or why. Here’s the blog post announcing the beta build.
Andy Greenberg wrote up a story in Wired covering the main points of the announcement yesterday. The idea is to have a cryptocurrency designed to work efficiently on mobile devices while protecting users’ privacy—and anonymity. For now, Signal’s payment feature will be available only to users in the UK, and only on iOS and Android—not the desktop.
What is worth underscoring is that Moxie Marlinspike, the creator of Signal and CEO of the nonprofit that runs it, was a paid advisor to MobileCoin. In fact, he was the original CTO of the company, according to an early MobileCoin white paper.
https://amycastor.com/2021/04/07/signal-adopts-mobilecoin-a-crypto-project-linked-to-its-own-creator-moxie-marlinspike/
💡 MobileCoin white paper
https://mixin.one/assets/MobileCoin-Whitepaper-EN_FINAL.pdf
#signal #privacy #messaging #cryptocurrency #payment #marlinspike #thinkabout
📡 @nogoolag 📡 @blackbox_archiv
Many technologists today were disappointed to learn that Signal, an encrypted messaging service, is adopting MobileCoin (MOB), a new cryptocurrency that went live in December, for payments.
Signal is hugely popular in the tech world. I use it, and many of the people I correspond with use it as a safe and secure way of communicating. And many prefer it over WhatsApp and Telegram.
Now, the non-profit wants to take the next step into becoming a payments service—so you can send money, and nobody will know who you are sending it to, or why. Here’s the blog post announcing the beta build.
Andy Greenberg wrote up a story in Wired covering the main points of the announcement yesterday. The idea is to have a cryptocurrency designed to work efficiently on mobile devices while protecting users’ privacy—and anonymity. For now, Signal’s payment feature will be available only to users in the UK, and only on iOS and Android—not the desktop.
What is worth underscoring is that Moxie Marlinspike, the creator of Signal and CEO of the nonprofit that runs it, was a paid advisor to MobileCoin. In fact, he was the original CTO of the company, according to an early MobileCoin white paper.
https://amycastor.com/2021/04/07/signal-adopts-mobilecoin-a-crypto-project-linked-to-its-own-creator-moxie-marlinspike/
💡 MobileCoin white paper
https://mixin.one/assets/MobileCoin-Whitepaper-EN_FINAL.pdf
#signal #privacy #messaging #cryptocurrency #payment #marlinspike #thinkabout
📡 @nogoolag 📡 @blackbox_archiv
Amy Castor
Signal adopts MobileCoin, a crypto project linked to its own creator Moxie Marlinspike
MOB surged from $7 to $68 in the last week before taking a dump and dropping to $39 overnight.