Protocol Architecture
MOB: A Decentralized Clearinghouse
MOB is a decentralized platform that facilitates secure, efficient, and transparent information exchange among various stakeholders. It offers a comprehensive suite of smart contracts that enable seamless integration between off-chain and on-chain processes. By leveraging MOB, decentralized applications, smart contracts, and other network components can program traditional payment systems. Mobl3, MOB's native chain, serves as an open settlement layer, providing programmability and guaranteed settlement for both on-chain and off-chain services. Ultimately, MOB paves the way for a new era of permissionless innovation.
Two-Tiered Architecture:
MOB's architecture consists of:
Execution and Open Settlement Layer: Streamlines on-chain logic integration into payment systems, accelerating transaction finality.
Protocol Layer: Introduces yield-bearing financial instruments, offering users investment opportunities.
Enhanced Efficiency and User Experience:
MOB utilizes an isolated execution model that eliminates the need for frequent account authorizations. It leverages an open settlement layer that enables real-time feedback and reduces reliance on on-chain infrastructure. Additionally, MOB's intent-based settlement empowers service providers with greater flexibility.
Key Advantages:
Decentralized and Secure: MOB ensures secure and transparent information exchange.
Enhanced Efficiency: Streamlined processes and reduced reliance on on-chain infrastructure.
Expanded Functionality: Enables complex interactions, including smart contract integration and cross-chain operations.
Permissionless Innovation: Fosters a new era of decentralized financial applications.
Mobl3: The Underlying Network
Mobl3, the network powering MOB, is designed for exceptional scalability, throughput, and data persistence. It maintains a publicly verifiable ledger for operations and accounting.
Core Components:
Logic Smart Contracts: Enable essential functions like security deposits, registrations, balance tracking, and operations.
Node Software: Provides customizable network peer functionality.
SDKs: Offer easy integration with MOB's API and contracts.
Explorer and Tools: Ensure transparency and facilitate development.
Protocol Layer:
The protocol layer modularizes key trading components, empowering developers to build innovative DeFi applications. Mobl3's underlying infrastructure provides efficient value storage, payment settlement, and trading capabilities, while its open architecture fosters interoperability.
Key Components:
Stablecoin Protocol: Uses MXD for neutral settlements and supports payment clearing and savings protocols.
Clearing House: Offers advanced financial logic for settlements, remittances, margin calculations, liquidations, and order flow management.
Liquidity Layer:
Mobl3 has a Native passive liquidity pool, which generates index-based contracts, providing traders with well-defined exposure and reduced risk. This mechanism enhances liquidity for service providers operating on the Mob Network.
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