Re: [ANN][Airdrop][$LOK] Loki - Private Transactions & Comms
I heard lots of good things about this project but it looks like there is no ICO and only private sale for rich investors, this sucks for normal people like us...
Hello Dirk! Sorry to hear you could not participate. The upcoming airdrop is for our community!
There are currently three ways to obtain Loki currently:
1) Mining when Mainnet launches later this month
2) Participate in the upcoming Airdrop
3) Solve the Twitter puzzle
Will it be profitable to mine it on my computer ? Or do I need to have a special mining rig ? Airdrop is not worth it, there are too many people I will probably get like 1 or 2$ worth of LOKI tokens...
The mining requirements are not available yet but you may assume they will be quite close to Monero requirements, as the algo is the same. This will be made clearer after the mainnet launch later this month since then mining will be available.
Oh okay I don't know much about Monero but I guess you need to have a really strong machine to be able to mine this coin, It would be better if it's proof of stake, POS will use less electricity so it's better for the planet
Hey Dirk, Loki is hybrid Proof of Work & Proof of Service. We appreciate your feedback. Proof of service is similar to a staking mechanism in that there is a collateral requirement to run a node and a percentage of the block reward is given to the service node. As far as energy consumption is concerned, the team has actually spoken about this in an AMA. Here is the video answer @ https://youtu.be/pZVCp-SZE_4?t=4415
Oh okay I never heard of proof of service before, but it sounds really interesting. Thanks for the video i will check it out tonight