In the context of a cryptocurrency, an ASIC (Application Specific Integrated Circuit) is a chip that is specifically designed to mine a certain cryptocurrency or a certain hashing algorithm. Recently, there have been a number of high profile ASIC miners released for cryptocurrencies previously believed to be ASIC resistant [1]. So what’s the problem with ASICs? …
The 2nd Layer solutions proposed by Loki allow users significant functionality that cannot be provided by a Monero fork alone. Namely, Loki will incentivise a group of nodes that perform specific networking tasks and will build the basis for a new type of mixnet. Mixnets that have the properties of Sybil attack resistance are highly …
Foreword We started Loki because we believed we had ideas that could improve the range of tools people use in their pursuit of privacy and safety online. Thankfully, it appears thousands of people see the potential in our ideas, and dozens of firms, funds and individuals have supported our project to date. With this support, …