Loki Whitepaper

A hybrid proof of work/proof of service system offers a unique way to
financially incentivise the operation of full nodes. Loki leverages these
incentivised nodes to create a secondary private routing layer. Minimum
node functionality on the second layer is monitored and enforced by a novel
method called swarm flagging. Loki is based off a modified version of the Monero source code, assuring that all transactions achieve a high degree of privacy.
This white paper outlines the technology used in Loki. We anticipate that
changes to this technology will occur as Loki continues to be developed. New
versions of this white paper will be released to reflect any substantial future
changes and updates. Loki Website
Loki Whitepaper