MobileCoin Governance, Fees, and Supply
What is the MobileCoin Foundation? Where do transaction fees go? Is the total supply of MobileCoins really 250 million MOB? Read on to learn more.
MobileCoin is a privacy-focused cryptocurrency launched on December 7th, 2020. Its initial code base was developed by MobileCoin Inc. and published via the MobileCoin Foundation with an open source license (GPLv3).
The MobileCoin Foundation maintains the reference implementation of MobileCoin’s (the cryptocurrency’s) protocol, along with the ‘service-layer’ technology known as Fog that facilitates efficient use of MobileCoin in resource-constrained environments like mobile devices, without loss of privacy.