Mobius is looking like it will significantly shake-up the cryptocurrency world. But from a layman’s perspective why should one be interested?

The story really begins with the Stellar Network. As a network, Stellar is orders of magnitude faster than other alternatives such as Ethereum. What about Ripple? Yes, it is comparable speed-wise but is not an alternative since Stellar provides a platform to launch an ICO and also a secure smart contract platform… a critical consideration for new ICOs.

Hence, when it came to launching an ICO, Stellar seemed the logical platform – faster, more secure and cheaper than Ethereum.

So what is Mobius seeking to do?

Mobius will provide an easy and convenient way to leverage the blockchain and thus, cryptocurrencies for developers of applications. Importantly, the Mobius API works with ERC-20 tokens and is truly universal, meaning that developers can leverage Mobius without fear of security issues nor speed and scaleability problems. This is because the Mobius DApp Store can provide developers of apps with the ability to accept upto 1000 transactions per second. Contrast that with Ethereum where double digit throughout is as quick as you’ll get and one can immediately see how scaleable the solution is. Sure there are plans to make Ethereum faster but thus far, there is no clear roadmap and hence no certainty.

Furthermore, Mobius can transfer 400,000 transactions for every dollar of spend. This is exponentially cheaper than Ethereum and over time is likely to be a huge draw for developers conscious of making things both quick and cheap for end users.

The other key aspect is the smart contract ability that facilitates high speed data transfers to smart contracts.

Sure, there is more flexibility with Ethereum smart contracts however that flexibility comes at the price of decreased security. Thus, with more than enough flexibility for most developers, Mobius will meet their needs and more.

It would foolhardy to expect Mobius to be the no.1 choice on day one however, this is a marathon not a sprint and over time, the choice of easier integration -a developer does not need domain experience, a faster scalable network and greater security will likely be a no-brainer for a lot of developers.

This all brings me back to my original purpose of providing a layman’s perspective. For the vast majority of people interested in the space, it should be easy to see why Mobius is a serious challenger to the current status quo.