Alex B
Source?
https://github.com/loki-project/loki-improvement-proposals/issues/20

we just announced it and pushed on all our marketing channels

Is this LRC in addition to the comments around additional VC funding or a pivot to a potential different funding?

https://www.forbes.com/sites/zakdoffman/2020/02/27/whatsapp-and-signal-replaced-by-new-mystery-messaging-app-this-eu-change-matters-heres-why/#730316227ba9

interesting news about EU and ban of whatsapp and signal. It would be huge to have this project recognised as open source, decentralized and neutral

i dont know what we need to do that... maybe some research studies and 3th party audits to say that session is worlds most secure app for messages

in the process EU could swap also euros to loki coins :)

Lungdoge
This proposal is tied in with the ambitions of future funding.

So you may still try secure VC funding in addition to LRC6. I guess as a SNop we won’t loose coins to to proposal

the EU officials are in no way using something like session, they're going something developed in-house and closed source

LokiNugget
So you may still try secure VC funding in addition to LRC6. I guess as a SNop we won’t loose coins to to proposal

VC funding is something being explored ongoing. The foundation has no stocks/shares to sell. It is a NFP

The whole point of the proposal is to replenish the loki they sell to VCs

So the VCs can dump the Loki on the market after the lock up

Peanut
The whole point of the proposal is to replenish the loki they sell to VCs

Fair point, if it’s coming at the cost of the miners pockets, I’m fine with that.

and for SN operators? is the reward going to fall significantly?

David Figuera
the EU officials are in no way using something like session, they're going something developed in-house and closed source

I think you are wrong about this... they go what security consultants say and world is moving to open source for sure

If the foundation operate 10% of the network nodes they will be getting 2800 like per day...

I think session has all the pieces to be world most secure messaging app... so please lets not fuck this up guys :)

Alexandar, ditch those crappy VPS and put up proper bare metal you naughty boy :)

I'm a vps bitch too

Internet in my country is way too unreliabe

Was considering this. Would reduce the costs for sure. However, I did not have time to think about this or discuss with the team/community. I cant help but feel that running many Snodes on one server (virtualization) does not help the decentralization of the network. We are currently somewhere inbetween. Our nodes are scattered across EU on two difrerent providers but somewhat centralized ( two providers). We could centralize it further by having a dedicated server with multipe IPs OR decentralize it further by having miltiple service providers and move our VPS to different continents.