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  • Hey Y’all, Big week, big update! Loki Baselayer We have released new Loki Daemons for all operating systems in anticipation for activation of the altered emissions curve. The new clients will fork at height 64324, approximately 31st of July UTC. https://github.com/loki-project/loki/commit/dcd5ff7284a5dee724a1d695eddb9cd7c83e6274 You can read more about why this change is occuring here: https://medium.com/@LokiNetwork/changing-the-loki-emission-curve-d9e3f267fa1c Service Nodes Deregisters has passed the 5th iteration and now merged into the development build, which completes the first prototype of being able to become a service node and expire after the registration duration. https://github.com/loki-project/loki/commit/fb66b7e00b0a40a1d3be8f96ab755128188325c6 Add support for pooling multiple stakers to register

  •   This article is intended as a basic overview as to the reasoning behind changing Loki’s emission curve. To this purpose we have largely simplified the factors and influences at play; for a more in depth understanding, please refer to our paper Loki Cryptoeconomics: Alterations to the Staking Requirements and the Emission Curve.   DISCLAIMER This article contains charts and figures which include examples of return of investments and prices for the Loki cryptographic coin. These prices are examples only and are not a prediction, forecast, or representation as to any actual likelihood of

  •   We’re very pleased to present this proposal to the community after many weeks of patience. We have reviewed the Loki cryptoeconomics extensively with assistance from Dr Brenden Markey Towler of the University of Queensland, working with the RMIT Blockchain Innovation Hub.   Today we present two documents. The first is our economics paper: Proposal: Alterations to the Loki Cryptoeconomics. This document outlines the problems we have considered, some solutions to them, and an explanation of our final selection.   The second is a report by Dr Brenden Markey-Towler, Cryptoeconomics of the Loki network,  which

  •   Weekly dev update for Y’all, a little late this week since we were busy writing papers 🙂 Service Nodes Split up service node pubkey from service node address https://github.com/loki-project/loki/pull/95/commits/660ccd0dbc94e738e7271cc244bb3c44a500379d Service Node Deregister has progressed to the 3rd iteration which includes tightening down the registration protocol, fixing up loose-ends, integrating various endpoints together and approaching production level. https://github.com/loki-project/loki/pull/89 LLARP / Lokinet If you’re lucky and join our Discord, you might also catch Jeff or Ryan the developers of LLARP live streaming as they code: https://www.twitch.tv/uguu25519 , https://www.twitch.tv/neuroscr Progress continues on libllarp DHT query iteration fix Convert C files to

  • Hey Y’all, New week, new update! Service Nodes Set a threshold of required votes for deregister TX’s to be created to handle spamming of deregister TX’s using different vote combinations for the same service node. https://github.com/Doy-lee/loki/commit/cb4970681039b4af05b8080a24308458d571f4f3 Service node lists are being integrated into the deregister system. https://github.com/Doy-lee/loki/commit/3927d4877cc6083092aa1a25944a62a6e4427a33 There's a new sheriff in town, Quorum Cop enforces pre-determined node behaviour in a decentralised way. QC executable has created, reading from the wallet and pulling height from the daemon. Boilerplate uptime proof messaging written. Work in progress: https://github.com/jcktm/loki/commit/78a7580518e9f5d2458fa488aafdc29835b0fccb Miscellaneous bug fixes LLARP / Lokinet If you’re lucky and join our Discord,

  •   Put simply, Sybil attacks are where one person or entity creates multiple fake identities, usually to either subvert some part of a reputation system, or to effectively create large scale denial-of-service attacks. [1] Sybil attacks present problems to systems that maintain a low barrier of identification. With Loki’s focus on privacy and its P2P nature, methods are required to identify unique individuals without requiring some proof of personhood (i.e. government ID or License)     In Loki’s case, Sybil attacks could be used to either spam path creation on Lokinet (more on this

  • Hey Y'all, Got a Winter weekly update for you. Service Nodes Deterministic selection of Service nodes from a sorted list has passed 2 code reviews and is merged https://github.com/loki-project/loki/pull/90 Service node deregistration transactions have passed the first stage of code review, fixes are being made for an immediate merge https://github.com/loki-project/loki/pull/89 LLARP / Lokinet If you’re lucky and join our Discord, you might also catch Jeff or Ryan the developers of LLARP live streaming as they code: https://www.twitch.tv/uguu25519, https://www.twitch.tv/neuroscr Released LokiNET 0.0.1 https://github.com/loki-project/loki-network/releases/tag/v0.0.1 Progress continues on libllarp. Fixed DHT lookups. Implement CoDel https://en.wikipedia.org/wiki/CoDel>congestion handling (to defeat bufferbloat) and further tuning. Private

  • Hey Y’all, Got a new weekly update, NOW WITH ADDED ANNOUNCEMENTS Service Nodes Staking transactions no longer require the private view key to be exposed. Instead, the TX private key is exposed: https://github.com/loki-project/loki/pull/90 Service Node deregristration transactions, and peer-to-peer voting are complete: https://github.com/loki-project/loki/pull/89 Added functionality for retrieving a quorum list from a specified block height: https://github.com/loki-project/loki/pull/87 LLARP / Lokinet has been announced and you can read more about it here. I will now be featuring it in my weekly updates. If you’re lucky and join our Discord, you might also catch Jeff, the lead developer

  • Loki’s Exploration into the Mixnet Space   We have been dropping lots of not-so-subtle hints that we have been working on a decentralised mixnet, and it's finally time to reveal what we’ve been working on. This article, along with the soon-to-be-released white paper version 3 should get everyone up to speed on Lokinet.   Mix What? Mixnet is a term used to describe an overlay network that operates on top of the internet. You might have heard of Tor or I2P- these are both mixnets. So what's the idea behind a mixnet? Typically, when

  • Hey Team, Back again with another weekly update. Service Nodes Service node block reward distribution and validation has been built: https://github.com/loki-project/loki/pull/86 In progress: Separating partial deregistrations from the transaction system and broadcast them as votes over P2P into their own pool, to eventually be formed into authoritative service node deregistration transactions: https://github.com/Doy-lee/loki/commits/ServiceNodeP2PCommChannel Merged relevant Monero changes into Loki: https://github.com/loki-project/loki/commit/f0740b9a5e85bf9787c42d520fe0a993d04b4a00 Begun work changing time locked transactions to reference specific outputs rather than locking the whole transaction: https://github.com/tewinget/bitmonero/commit/5c7b093ea347435a8e5585050c9eb31d639dc850 Android Mobile Wallet Re-skin and core functionality complete, as well as touching up final visual design points including a website to

  • Hey Team, I’m going to start giving weekly updates on what the development team is up to. It can be hard for the community to see what we’re working on as we sometimes operate out of our own Loki forks, then merge back when things are ready to move into production. My hope is that these updates will shed light on the project’s development. This weeks updates Service Nodes Service node lists: will be used to create the authoritative state of the service node network: https://github.com/jcktm/loki/commits/service_node_list Service node registration transactions: time locked TXes that

  • 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? ASICs usually provide a significant advantage over graphics cards (GPUs) and CPU mining; so much so that once ASICs are released it is generally un-profitable to mine without one. This in itself it not entirely

  • 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 resilient to large-scale network analysis. This protection is provided by market operations, which make it prohibitively expensive to own a large portion of nodes operating on the mixnet. Operating on top of this incentivised second layer will

  • 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, I believe we can create a protocol that will help people across the globe keep their data safe. We have always intended to be as transparent and open as possible, and we wish to share the

  • There are a lot of community members who ask if Loki is trying to compete with Monero. At face value, it seems like an obvious assumption to make. However, our intention is to use Monero as a proven and solid basis to build an additional feature set that goes beyond anonymous payment systems. So long as Monero maintains its efforts to be the pinnacle of private transaction networks, it is unlikely that Loki will ever pose a ‘threat’ to the Monero project. Competition is a funny concept when it comes to