Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Airdrop][$LOK] Loki - Private Transactions & Comms
by
Loki_Project
on 07/05/2018, 19:02:57 UTC
The Loki website is in a infinite loop... and what about them incentivized service nodes aka masternodes? How does that fit with decentralization?

Hi oddsig, I think that the White Paper is the best answer: https://loki.network/wp-content/uploads/2018/03/LokiWhitepaperV2-1.pdf

Hi cryptolmax!

Yes, I see they have gone for a Masternode system similar to Dash. Do you think that's a good thing? Not that many are capable of running a masternode and will give the few a very nice RoI.  

Very interesting setup of governance. If the Project team is the face of the coin, who are in the Foundation and how are they selected?

Really annoying with the website though, hope they fix it soon.

Hello Oddsig, the minimum amount of Loki required to run a node will decrease over time, ensuring that as time passes and adoption increases, the financial barrier to running a Service Node is reduced, facilitating the creation of a large network of Service Nodes. The benefit of a large Service Node network is greater network security, speed, anonymity, and a reduced likelihood of network centralisation. That will allow more service nodes to come online, leading to a more robust network.

As for the Loki Foundation, Simon talked about it here: https://www.youtube.com/watch?v=pZVCp-SZE_4&t=2733s

Thanks for the feedback regarding the website. Can you tell me specifically what you would like fixed?