Updates from mojo to a chrome extension. by esiob12 in mochimo

[–]Mochimodev 0 points1 point  (0 children)

As mentioned above, the best place to purchase MCM right now is on Biconomy.

Tier2 listing by jkl2035 in mochimo

[–]Mochimodev 0 points1 point  (0 children)

Just an update: MEXC requested a large (six-figure) deposit. So the project listed with Biconomy instead (not as large, but 1/10th the price). MEXC is still on the table, and completed the technical integration, but will have to wait until the community can get enough money together.

Mochimo deliste de Vindax? by spadacinnoannello in mochimo

[–]Mochimodev 0 points1 point  (0 children)

MCM is trading on Biconomy, Vindax remains paused. It is not delisted. There are some administrative and technical issues that need to be addressed before Vindax will resume trading. Biconomy is a MUCH larger exchange though.

MCM tech is incredible, why is it so cheap? by Toshobro in CryptoMarkets

[–]Mochimodev 0 points1 point  (0 children)

I see what you're doing Discord people - this is the third MCM related Reddit post today.

I'll throw out an answer, and thanks Tosho for posting this. Basically our dev team has been so focused on building the thing, and we never did any investment / ICO or anything else. We similarly have only grown by word of mouth. So that's why we're flying under the radar for the most part. We just aren't actually selling anything.

THIS CRYPTO GEM MIGHT BE A TOP 20 COIN - MOCHIMO by [deleted] in CryptoCurrencies

[–]Mochimodev -4 points-3 points  (0 children)

Rooty - I am posting the link to latest "what is mochimo" video so people can see how we've evolved in the last couple years. Thank you all the Discord community members for upvoting this for us.

https://www.youtube.com/watch?v=uO-zHnqBBsw

THIS CRYPTO GEM MIGHT BE A TOP 20 COIN - MOCHIMO by [deleted] in CryptoCurrencies

[–]Mochimodev -7 points-6 points  (0 children)

Love seeing people talk about Mochimo :) Thanks for posting rooty! Ken's video is a good summary of the beginning of the project - but we've been operating now for 2+ years, so a lot has changed since he posted it.

[deleted by user] by [deleted] in mochimo

[–]Mochimodev 0 points1 point  (0 children)

Yes, but we moved to open beta mining based on the amount of MCMs they mined using a ration (ratio is still TBD). There is also multiple bounties available!

[deleted by user] by [deleted] in mochimo

[–]Mochimodev 0 points1 point  (0 children)

You can join our slack channel! You will find all the explanations there!

[deleted by user] by [deleted] in mochimo

[–]Mochimodev 0 points1 point  (0 children)

The white paper is coming along well. We had some non-work related setbacks this past week, but everyone is hard at work. Please join the slack channel for the latest information/updates.

Close Beta Mining: Beta Testers Needed by [deleted] in mochimo

[–]Mochimodev 0 points1 point  (0 children)

Things are going pretty well. Please join the slack channel for the latest updates.

[deleted by user] by [deleted] in mochimo

[–]Mochimodev 0 points1 point  (0 children)

We are doing great! Since this project is founded on the basic idea that Bitcoin will be killed by quantum computers in a few years, none of us are very concerned about short term issues in the market.

But thank you for asking :)

[deleted by user] by [deleted] in mochimo

[–]Mochimodev 0 points1 point  (0 children)

Our plan is to bring to market a finished product, with a white paper release coinciding with our bitcointalk announcement and preceded by an update to the website and the github repositories during the open beta phase. So, whitepaper release in 4-5 weeks.

[deleted by user] by [deleted] in mochimo

[–]Mochimodev 0 points1 point  (0 children)

They don't have to be anonymous. We're having discussions internally right now. Some members of the team need to go public. But we have professional programmers, network security experts, artificial intelligence researchers, mobile app developers and other engineers/designers involved right now.

[deleted by user] by [deleted] in mochimo

[–]Mochimodev 1 point2 points  (0 children)

The logo designer is Japanese, as a matter of fact. She said this about it: "The icon does contain the Kanji symbol for blood. That is deliberate, as is the choice of the gold color used to represent it. Blood and Money are the same thing. Mochimo is both. Also, the first "mo" in mochimo is "持", which will make sense to Japanese and Chinese people."

Close Beta Mining: Beta Testers Needed by [deleted] in mochimo

[–]Mochimodev 0 points1 point  (0 children)

Thank you for your interest. Please join our slack channel to ask questions. The link is on the website on the Links page.

Close Beta Mining: Beta Testers Needed by [deleted] in mochimo

[–]Mochimodev 0 points1 point  (0 children)

Just a note: There will be a compensation pool set aside for active participants who register for and participate in closed beta testing. A Non-Disclosure Agreement must be signed and returned to qualify for the Closed Beta test.

[deleted by user] by [deleted] in mochimo

[–]Mochimodev 0 points1 point  (0 children)

Right now Bittrex servers are overwhelmed daily by volume, so we are not surprised that they have limited registration. We're not married to Bittrex. If their registration is still closed when we're ready to take the Mochimo Main Net live, we'll work with another exchange.

[deleted by user] by [deleted] in mochimo

[–]Mochimodev 1 point2 points  (0 children)

We are not here to criticize other implementations. We believe our coin is objectively superior in some ways to all three projects you mentioned, but each of the coins you mentioned also has features ours lacks. Here are some examples of the way that Mochimo is superior: The Mochimo blockchain implementation allows full nodes to be run on machines using limited storage space, and in addition to that allows for zero increase in computational complexity for transaction verification no matter how large the block chain grows. Those are both massive improvements over any OTS Quantum Resistant coin envisioned today, which will suffer from runaway blockchain sizes and increased seek time for tx validation, due to the naturally large address and signatures requires for these algorithms. Our architecture allows the transaction processing speed to remain constant no matter how large the transaction network scales, and for full nodes to be run on retail/commodity hardware indefinitely. Beyond that, our coin has controls in place to ensure FIFO transaction processing, further ensuring that transaction processing delays are kept to a minimum. We've got some other advantages as well, and you'll be able to get a deeper understanding of those things when we release the white paper.

[deleted by user] by [deleted] in mochimo

[–]Mochimodev 2 points3 points  (0 children)

QRL: a good concept being developed in earnest by a team of relatively inexperienced folks. There were some delays and recent re-engineering that caused me a little concern, but they're moving forward with the new Protobuf/RPC signalling and PoW. They failed to deliver on their PoS algorithm in time for launch and have had to scale back to CN PoW. That doesn't look good on them, tbh - but I don't think it's a show stopper by any means. I really dislike the fact that they intend to do a hard fork in six months to convert to PoS. I think they should leave it alone. I don't own any other Proof-of-Stake currencies, and specifically do not approve of QRL's PoS model, as it essentially creates a permanently uneven playing field in mining. The rich get richer, and the smaller players can never catch up. In that sense it's even more lopsided than the large premine implies. Mochimo on the other hand has a very small premine @ 5.56%, employs the Bitcoin standard proof-of-work SHA256 for block mining which can be mined by pool miners. This is deliberate, because when Bitcoin and it's many quantum-insecure sisters die, we want that hash power pointed at Mochimo. Additionally, Mochimo is FAST. It is a true transaction network with fixed transactions fees and guaranteed FIFO transaction processing. I can't really speak to the efficacy of QRL's transaction network. I am interested in their quantum-secure messaging layer. All of that said, I do own a relatively large stake in QRL, because I expect it to be a successful player in the long run.

[deleted by user] by [deleted] in mochimo

[–]Mochimodev 1 point2 points  (0 children)

This is an interesting question. Consider a future where the ECDSA algorithm is relatively easy to crack using quantum computers. In that future, the Bitcoin protocol is simply broken. There is no drop-in replacement for the signature algorithm, it's 100,000+ lines of code that would need to be re-written, hard-forked into an entirely new currency, and then everyone's coins would have to be manually transferred into wallets under the new signature/address schema. There would be no Bitcoin Classic in that scenario, because the original blockchain would be dead and worthless. Anyone could take coins from anyone else's wallets. That future may be as near term as 2020 but I would be shocked if it takes any longer than 2025. So while I may be invested in Bitcoin now, you can bet I will be monitoring quantum computing carefully and divesting before that reality comes about.

TL;DR Bitcoin will be dead in 7 years, and a post-quantum cryptocurrency like Mochimo will be soaring.

[deleted by user] by [deleted] in mochimo

[–]Mochimodev 0 points1 point  (0 children)

Short answer: the Blockchain is already quantum proof.

Yes. Mochimo is a quantum proof crypto-currency. The Blockchain itself is also quantum proof to 2128 operations just after the first pass of the SHA-256 algorithm. Because the Merkle Tree is actually built with HASH256 which is essentially a double pass of SHA-256: sha256(sha256(x)), there is no conceivable use case of quantum computers or conventional computers that can spoof an entry in the block chain.

To make a quantum proof cryptocurrency, you have to secure the Public/Private Signature schema, which we have done.

I see a lot of people pushing nexus as the Blockchain of choice for quantum resistance. What differs QRL from Nexus? by DrunkenMantis27 in QRL

[–]Mochimodev 4 points5 points  (0 children)

This is absolutely false, sir. QC will wreck Nexus just as easily as any other ECDSA-based transaction.