Quote from: newmz on October 14, 2018, 02:15:40 AM

Quote from: crypto_dau on October 13, 2018, 04:36:39 PM

Quote from: Loki_Project on October 12, 2018, 05:29:21 PM

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Hi,
What I should do to stake my LOKIs?
I found that LOKI is stakeable now, right?
I guess that staking is for all, not for only service nodes.
Please help me.

Quote

Staking with LOKI coins, really?
How to config my wallet to stake my LOKI coins?
Or it will automatically stake after syncing with LOKI network?

I'm pretty sure that whenever you read a reference to "staking" on the Loki network, this refers to the service node stake, not staking coins in a regular wallet like you would with a "proof of stake" coin.

Loki uses a combination proof of work plus service nodes nodes (like masternodes used by Dash, PIVX, etc).

That is why the mining reward dropped dramatically a couple of weeks ago - because a large chunk of it is now going to people lucky (and rich) enough to have 12000-45000 Loki to stake in a service node.

Ya I don't see how having to put up $6000-$20000 to be able to run a node is decentralized than to chop down the miners rewards and give it to nodes when miners aren't making shit because of electric and the market I don't see to many miners staying to secure the chain when they are getting shafted I don't mine any maternode coin because of this reason