Mainframe update: MFT Live price, price chart, news and markets

The Mainframe Lending Protocol allows individuals to borrow against their cryptocurrency. Mainframe utilizes a bond-like instrument that represents an on-chain obligation, with settlement on a specific future date to facilitate fixed-rate lending and borrowing.

Mainframe has a rich history and a visionary mission. Its goal is to construct the necessary infrastructure for a new internet that highlights private, peer-to-peer, censorship-resistant application development and information transfer. The driving force behind Mainframe is Mick Hagen, a serial entrepreneur and a Princeton Computer Science dropout.

At its core, the Mainframe team aims to provide three primary solutions to address concerns with the current internet. Firstly, Mainframe places a strong emphasis on information security by implementing end-to-end and group encryption on a privacy-focused platform, effectively addressing perceived weaknesses in projects like Keybase or Signal. Secondly, Mainframe prioritizes user privacy, striving to give developers and customers a surveillance-free experience without compromising personal and network information. Lastly, Mainframe seeks to develop a distributed, peer-to-peer protocol that offers a censorship-resistant sanctuary for users, something that the current internet cannot achieve.