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23 lines
1.1 KiB
Groff
23 lines
1.1 KiB
Groff
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.TH "loki-service-nodes" "7" "Dec 3, 2018"
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.SH "NAME"
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loki-service-nodes \- a note on lokinet's crypto-economics
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.SH "The Quick Rundown"
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.PP
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Loki's service nodes are a blockchain based PKI management infrastructure used as a psuedo directory authority for lokinet routers.
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While using the network as a client costs absolutely nothing,
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in order to run machines participating in routing one must stake loki tokens,
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locking tokens for a period of time.
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During this time the router with the identity key provided in the staking transaction on the loki blockchain will commit to participation for the duration the tokens are locked for.
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.PP
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Periodically the network performs self-tests on service nodes to ensure service nodes are functional and well behaved.
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Functional and well behaved service nodes get a block reward for providing routing of traffic.
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In the event of many test failures the network dergesisters the service node,
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effectively kicking it from the network as a participating router.
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.PP
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In conclusion,
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it is conjectured that the net effect is that well behaved reliable routing infrastucture is incentivesed economically.
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