Mobozcoin use time stamping schemes to avoid the need for a trusted third party to timestamp transactions added to the blockchain ledger.
Proof-of-work schemes : The first time stamping scheme invented was the proof-of-work scheme. The most widely used proof-of-work schemes are based on SHA-256, which was introduced by bitcoin, and scrypt, which is used by currencies such as Mobozcoin.
Proof-of-stake and combined schemes : Mobozcoin cryptocurrencies use a combined proof-of-work/proof-of-stake scheme. The proof-of-stake is a method of securing a cryptocurrency network and achieving distributed consensus through requesting users to show ownership of a certain amount of currency.
Mobozcoin Security : No Third Parties Anonymity Decentralization Security Transparency Minimal Transaction fees Awards for support Exchange MBC to others