Quote from: Loki_Project on May 07, 2018, 07:02:57 PM

Quote from: oddsig on May 06, 2018, 08:56:21 PM

Quote from: cryptolmax on May 06, 2018, 08:03:04 PM

Quote from: oddsig on May 06, 2018, 07:48:09 PM

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?

Hi Loki_Project

Sounds all well and good, but the first ones out will benefit a great deal more then the late arrivals. The people that already has a lot of coins will be able to run service nodes that gives them even more? What's the minimum now btw?

Seems like a weird setup to me, just because it's a non profit, does not mean no member of the Foundation profits. I imagine they have already set themselves up really good. The project team basically does most the work and there's a few that are the deciders.

The website is running on a continuous loading loop for me. Just as everything is in it's place, it refreshes. This does not happen on other sites.

Thank you for your reply!

oddsig

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