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MobileCoin is intended for usage in resource-constrained contexts, such as mobile devices, and to provide a simple user experience while maintaining privacy and security.MobileCoin is a peer-to-peer cryptocurrency developed by MobileCoin Inc., which was founded in 2017 by Josh Goldbard and Shane Glynn. MobileCoin is a one dimensional cryptocurrency blockchain. Blocks use a consensus protocol originally developed for the Stellar payment network. Transactions are validated in SGX secure enclaves and are based on elliptic-curve cryptography. Transaction inputs are shown to exist in the blockchain with Merkle proofs of membership and are signed with Schnorr-style multilayered linkable ring signature, and output amounts (communicated to recipients via ECDH) are concealed with Pedersen commitments and proven in a legitimate range with non-interactive zero-knowledge proofs