[ANN][MN][$LOKI] Loki - Private Transactions & Comms

[blackberry862]

This weeks Dev update is here, building up to some big things over the next few weeks
https://www.reddit.com/r/LokiProject/comments/947wpr/dev_update_03082018/

Got the weekly report on LOKI dev's works and their near future plans.
The price of LOKI has fluctuated insignificantly in the price range from 2.5k to 3k satoshi over weeks despite of bitcoin considerable movements (both ups and downs).

[BoghanKoin]

KEEP IN mind half of The block reward goes to Developer wallets, to be used for his "server maintenance that runs the network" 45% to maintenance servers and 5% for governance

Those are the promises he gives for taking 50% of ALL Block rewards + a pre mine.

This coin is a HUGE scam, think about owning half ethereum and get 50% of each block for "team and servers" ?  holy balls. thats like running 15 million gpu's in your mining farm because people are tricked to mine on a scam coin.


If a coin gets successfull and large, just 1-2% is MORE than pLENTY to support team and servers, even at startup its not that hard to pay for servers!  but he wants 50% + Pre mine.

this coin is just a quick test and dump whenever it gets value, just steer the hell away, and on trade site he probably trades with Himself to create fake volumes, he sells and buys, eeveryone who buys up from him, he will add more coins from block rewards.

normal coins has 1-3% trade volume everyday, like Bitcoin has 3-4% trade volume maybe closer to 5-6% because 10% of btc has been lost already and he wants 50%


I have nO idea how there can be so many people that are mining this, you guys are just too stupid to see that 50% of all mined blocks goes to dev is a HUGE problem? put up 5000 miners, he gets equal reward as 2500 of them. but instead miners has to share half of it to all miners.

Hey, I believe you received incorrect information.

It breaks down like this:

50% of the block reward goes towards Service Nodes. Service nodes are run by the COMMUNITY similar to master nodes. The people who run service nodes receive the reward just like mining. This does not go to devs.

45% of the block reward is to miners.

Only 5% of the block reward is for governance. This does not even mean the devs get the total of this. Out of the 5% only a portion will be used to ensure the future survival of the project along with approval for community proposals.

More details are in the whitepaper which I suggest you take a moment to read: https://loki.network/whitepaper

To operate a Service Node, an operator time-locks a significant amount
of Loki and provides a minimum level of bandwidth and storage to the network. In return
for their services, Loki Service Node operators receive a portion of the block reward from
each block.


okay, need some more details on that, and thats same as masternodes just with a time lock as if not most of htem already runs a time lock.

Okay either way.

pre mine is prob in masternode so thats devs 26% of all coins

rich people just buying loki for mastenode = majority here

common user = 5% of all coins

so just break it down to devs 70%, rich ppl 25%, common 5% of that masternode reward. so 50% of each block is shared to all masternode holders where devs are taking all the cake. Huge pre mine used for masternode, they mine their own coin since the start, also added to masternode, they own most of all coins right now and knows so easily how to run masternodes here.

so you know, masternodes is causing people to buy up the coin to run it on masternode thats why there's volumes on this coin and buyers interest, all to get ripped off by devs having most of the coin annyway.

Even if you had 5000 gpu's mining and rest of community 2000 gpu's , the devs with that masternode is gonna make "more money" than you are mining with 5000 gpu's here.

oh waow what a ponzi scheme, cant believe ppl care about this piss.  such a favoritising of rich people and getting rich fast. should dump you loki and support a less greedy coin than this, people do coins here for free with a 1-10% pre mine and no fee from miners afterwards, those look like a charity in comparison LOL.

I'm not quite sure how you could be this much of an idiot. it really baffles me that people like you actually exist.
How the fuck do you imagine that the developers have 26% of the coins, it says all over their website that they had a 15% premine, you can read it here https://loki.network/loki-premine-report/
Of the premine they sold 60% of that to investors, the block rewards are split until service nodes begin 95% to miners and 5% to governance funding. Not the developers it goes to the foundation, if you read their whitepaper they are actually reducing the amount that goes to the foundation to just 3.75% soon. in what world to the developers own 26% of the coins?
Where the is your evidence that the devs are mining their own coin, please show me! and how the are the devlopers going to get 70% of the masternode rewards that makes no sense.
You should continue supporting SumoKoin and RYO Numbnuts no one wants you here.

[mr.t352]

This weeks Dev update is here, building up to some big things over the next few weeks
https://www.reddit.com/r/LokiProject/comments/947wpr/dev_update_03082018/

Thank for sharing. Hope this big stuff will be released soon.

[Slimdev]

loki.fairhash.org

Transparent Loki pool with 24/7 support

Features:

- Mining to exchange

- Workers

- Adjustable instant payout levels

- Email and telegram notifications

- SSL


Telegram channel EN : https://t.me/joinchat/B-GpfU1DYnzi5mhQ45I3rQ
Telegram channel RU : https://t.me/joinchat/B-GpfUYWGEzx89L1N10Vzg

[liuxiangfei]

Project seems very hot, I want to know, you are now the node campaign ended, now how many stable nodes in operation, your bounty project looks very economical, I try to look at the effect how

[Loki_Project]

Something has changed. I can connect to a remote node but the local node no longer functions. This seems to have started somewhere between July 31st and Aug 1st. Why is this?

I have verified the wallet has internet access just as it did before when the local node was working and I have changed nothing on my computer or network. Has something in the wallet changed or need upgrading?

 Privacy is my greatest concern and the reason I chose to support LOKI, now that has changed, I cannot view my current wallet balance past block #64343 unless I am connected to a remote node (someone else's node). I prefer having the chain download to my computer for safe keeping but that is no longer an option? Am I doing something wrong or has something changed with the way the wallet works now? Chris B.


Edited to add:  I upgraded to the new wallet from the recent fork. The new wallet does exactly the same thing as the old wallet, no local node connection. Also the new wallet uses around 30%+ of my cpu even when not connected to the daemon...............Something is definitely different.

Hi Chris, when opening the new wallet, make sure to run lokid.exe as an administration. I tried opening mine simply by "Open" it does not start the daemon I run on a local node but when opening it as an administrator, it successfully synced my daemon. Hope this helps.

Thank you for the input. I am still experiencing the same bug.

The wallet will connect to the remote node but not a local node. Please verify under your "settings" you have the box selected for "local node" and have deselected the "remote node" option when running your test as an Admin. I've not spoken with anyone else that has been able to connect to a local node since the fork. This is a known bug and I hope with a little time it will be corrected.

I will be happy to support Loki again after the wallet bugs are corrected. The others in my investment group and myself find it difficult to accept the Loki wallet was hard forked merely to adjust the mining reward, especially since there was no algo change. Changes of this nature being claimed as simply to adjust the mining reward are intellectually dishonest and unfortunately huge red flags to most investors.  Chris B.

Hello Chris, sorry that you feel that way. We like to encourage open discussion and value your feedback. Please take a moment to read this medium article to understand why Loki forked: https://medium.com/@LokiNetwork/tldr-why-loki-should-change-its-emission-curve-f5c8171bd1b3

[Loki_Project]

This weeks Dev update is here, building up to some big things over the next few weeks
https://www.reddit.com/r/LokiProject/comments/947wpr/dev_update_03082018/

Thank for sharing. Hope this big stuff will be released soon.

Yes, thanks for reading. More to come soon!

[Loki_Project]

Project seems very hot, I want to know, you are now the node campaign ended, now how many stable nodes in operation, your bounty project looks very economical, I try to look at the effect how

Fantastic! You can apply here: https://bit.ly/2KgmEQ1

[Loki_Project]

Please take a moment to check out some of the videos on our Youtube channel! https://www.youtube.com/channel/UCN7LL0dEffQ7FSjbY5wwlnw

[coloseum]

Please take a moment to check out some of the videos on our Youtube channel! https://www.youtube.com/channel/UCN7LL0dEffQ7FSjbY5wwlnw

LOKI team have made great video for community.
Thank you for all of you guys.
I wonder why LOKI team have not asked for listing in Poloniex, Binance, or Bittrex.

[Marvell2]

SO i sent 300 loki to crytopia, prior to the hardfork , now it seem  those coins are sent but seem stuck with 1 confirmation ? I am trying to upgrade to the new  wallet by just downloading and unziping it an running it.

It asks me for the password which shows its working

*** edit ***
wallet version 2 seems to be working and the coins I sent seem to have been replaced in the wallet thank god.

[Loki_Project]

Please take a moment to check out some of the videos on our Youtube channel! https://www.youtube.com/channel/UCN7LL0dEffQ7FSjbY5wwlnw

LOKI team have made great video for community.
Thank you for all of you guys.
I wonder why LOKI team have not asked for listing in Poloniex, Binance, or Bittrex.

Thanks for the feedback Coloseum! Glad you watched it!

 We cannot comment on future exchange listings at this time.

[Loki_Project]

SO i sent 300 loki to crytopia, prior to the hardfork , now it seem  those coins are sent but seem stuck with 1 confirmation ? I am trying to upgrade to the new  wallet by just downloading and unziping it an running it.

It asks me for the password which shows its working

*** edit ***
wallet version 2 seems to be working and the coins I sent seem to have been replaced in the wallet thank god.

Glad it worked out Marvell2! If such an issue comes up again, feel free to reach out via telegram: https://t.me/LokiCommunity

[blackberry862]

We cannot comment on future exchange listings at this time.

I wish that you will release breaking news related to exchange listings ASAP.
To be honest, I have kept mining LOKI last two months, which is un-profitable for sure, but I kept mining the coin continuously because I strongly believe in LOKI team and potential of the coin.

[mariejonabelle]

We cannot comment on future exchange listings at this time.

I wish that you will release breaking news related to exchange listings ASAP.
To be honest, I have kept mining LOKI last two months, which is un-profitable for sure, but I kept mining the coin continuously because I strongly believe in LOKI team and potential of the coin.

Thanks for your unwavering support for the project blackberry862! Should there be any breakthrough it will be announced here and Telegram Announcements channel https://t.me/LokiAnnouncements. Be sure to stay tuned.

[Loki_Project]

Hey guys if your wallet is stuck, it could be due to the recent hardfork (explained here: https://youtu.be/0Fl8kT3E3QI).

Please make sure to update to the latest wallets here:
Loki GUI: https://github.com/loki-project/loki-gui/releases
Loki CLI: https://github.com/loki-project/loki/releases

[Loki_Project]

⚡️Join the live stream!⚡️

Loki Development - Hidden Service implementation
 https://www.twitch.tv/uguu25519

[mariejonabelle]

Guess what! Things at Loki HQ have been running well ahead of schedule.

Loki Service Nodes testnet is HERE.

Spin up some test SNODES so you are ready for the real thing. Not long now 😉

https://medium.com/@LokiNetwork/service-nodes-testnet-release-date-announced-5d609a406762

[blackberry862]

ZenCash has gotten big successfulness with its different types of nodes to secure its network.
I believe that LOKI coming Service Nodes will achieve considerable performance.
More than 2 months till the launch day of LOKI Service Nodes.

[Roels Major]

Go, go, go LOKI to the Moon.
Soon we have a new kind of trademark technology