When a $LOKI Blink transaction is made, the transaction makes a few extra stops on the way to the mempool — but, paradoxically, those extra stops make the transaction effectively instant. Blink transactions look like this:
- Blink transaction is sent to two quorums (randomly-selected groups of 10 Loki Service Nodes)
- Quorums check transaction for legitimacy
- Malicious or invalid transactions (e.g. duplicates of a previous transaction, or an attempt to spend $LOKI which does not belong to the sender) are denied
- Valid transactions are confirmed by the quorums
- Sender and receiver see transaction confirmation
- Blink transaction is passed to mempool for inclusion in blockchain