Quote from: Loki_Project on July 09, 2018, 05:44:32 PM

Quote from: DrearyUrbanite on July 09, 2018, 05:06:50 PM

Quote from: mariejonabelle on July 04, 2018, 05:03:00 AM

Quote from: DrearyUrbanite on July 03, 2018, 10:48:48 PM

Quote from: Bitcoin Miners on June 29, 2018, 03:03:59 AM

Quote from: Loki_Project on June 28, 2018, 07:38:03 PM

Yes! 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.

You are welcome!

LOKI service node collateral will decrease over time.
Can you give me orginal collateral of LOKI service node, Loki_Project?
I would like to know the original collateral in order to start accumulating LOKI in exchanges for later use to set up my LOKI serive node.

Is the collateral a fixed amount of tokens or a USD amount? What is the reason that the collateral will decrease over time?

The collateral is in LOKI. 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. However, if the collateral requirement is set too low in the beginning, an attacker could set up a large number of Service Nodes and damage the integrity of the network.

Thank you for the reasonable explanation mariejonabelle! But an attacker could also make an attack in the beginning by investing a larger amount of money and controlling the majority of the few Service Nodes?

There are technical developments that look to prevent this actually: https://www.reddit.com/r/LokiProject/comments/8why5s/weekly_dev_update_060718/

The initial collateral requirement is also a mechanism to help prevent this as it would be extremely costly to do so.

Extremely costly yes. Not sure how the Quorum Cop exactly works, but as long as you have some measures in place everything should be ok. Initial distribution is tough to do for every new network.