What is Loki? :
-Loki is cryptocurrency and a network based on a modified version of the Monero source code.
It anonymizes the destination of transactions like Monéro with the signature in a circle.
It sends the transactions to a circle of people, so that we cannot know who is the recipient of the transaction. There will be only one in the circle which will validate the transaction so that the we can't know who.
RingCT also allows you to hide the amount of transactions.
-Lokinet which is the encrypted and distributed network of Loki
Lokinet uses TCP and UDP protocols
They also created their own LLARP routing protocol which is a hybrid between Thor and I2P.
They use the DHT (Distribute hashTable) method, which makes it possible to distribute directories on each node. Decentralization of directories.
Role of the nodes:
- Loki Mining
-possibility to host a .Loki site like Thor with .onion.
It is a hidden service called SNApps .ou which allows you to develop other applications with the protocols used.
Lokinet is not a closed network, you can visit any site but by anonymizing yourself.
You do not have to use the output relays, this is optional. This can save you problems if people go to illegal sites using your IP address.
The Mining rewards are around 45% when you mine Loki and 50% for exit relays which makes 95% and the other 5% are allocated to distributed governance: 3.75% to the Loki Foundation and 1.25% for the funding block to ensure that there is always Loki in circulation on the network.
Lokinet works like a swarm when you create a node with nine nodes which self-tests in order to ensure the quality of the network.
.-Bandwidth
-Storage
-The output relay
The nodes vote on each node to give a score to ensure the quality of the network and can purge a node if it does not meet the criteria.
It works like the Thor network to anonymize transactions.
Lokinet Session allows you to communicate multiplatm messages that work on systems: Linux, Windows, Android ...
Their protocol is based on Signal messaging.They adapted it to make it work with their protocol.
With session you do not need an email address or a telephone, it works with a private key and a public key.
Session uses temporary keys for each message sent. This prevents a compromised key from compromising the entire conversation.
The graph above illustrates the fact that when a message is sent, is that the recipient is not there, it is his try that receives the message for a limited time (12h to 96h).
-Loki foudation association created in Australia in 2018 .
-Team :
Here I put you in front the essential points and invites you to go to see on their site, because Loki is a gas factory. I enclose some links to you.
White paper :
https://loki.network/wp-content/uploads/2018/10/LokiWhitepaperV3_1.pdf
https://loki.network/wp-content/uploads/2019/05/Loki_Cryptoeconomics-2-1.pdf
https://loki.network/wp-content/uploads/2018/10/CryptoeconomicsOfTheLokiNetworkV1.pdf
Website : https://loki.network/
