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most_common_questions
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| most_common_questions [03/17/2022 06:27] – fixed java version number quickmythril | most_common_questions [08/17/2022 23:36] – gfactor | ||
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| Account must be level 5 or higher to sponsor (can sponsor up to 5 accounts at once) | Account must be level 5 or higher to sponsor (can sponsor up to 5 accounts at once) | ||
| - | Sponsorship requires the assignment of the Sponsorship key created by a level 5+ minter, assigned to any node. Read more about this on the [[Minting]] and [[Becoming A Minter]] wiki pages. | + | Sponsorship requires the assignment of the Sponsorship key created by a level 5+ minter, assigned to any node. Read more about this on the [[Minting |
| You can register only one name per account, so 1 account = 1 name. | You can register only one name per account, so 1 account = 1 name. | ||
| - | Name registration will cost you 5 QORT | + | Name registration will cost you 1.25 QORT |
| No Total Cap on QORT coin, every ‘6 months’ there is a decrease in block reward from its start at 5 QORT, by .25, until 2 QORT is the reward. Thereafter, a vote can be made with the suggestion of an increase or decrease of 0.25 to 1 QORT difference per block via vote, however, this type of vote can only take place one time per ‘year’ (in blocks). For example, if the current block reward was 3 QORT, the vote could only be: 2, 2.25, 2.5, 2.75, 3, 3.25, 3.5, 3.75 & 4 QORT. (Only up to a 1 QORT difference up or down or any 0.25 increment between.) Block reward can only be voted to as low as 1 QORT per block, or as high as 5 QORT per block. These are the minimum and maximum block reward range Qortal will EVER potentially see. We are currently at 4.75 QORT per block. See [[Block Rewards & Distribution]] for more info. | No Total Cap on QORT coin, every ‘6 months’ there is a decrease in block reward from its start at 5 QORT, by .25, until 2 QORT is the reward. Thereafter, a vote can be made with the suggestion of an increase or decrease of 0.25 to 1 QORT difference per block via vote, however, this type of vote can only take place one time per ‘year’ (in blocks). For example, if the current block reward was 3 QORT, the vote could only be: 2, 2.25, 2.5, 2.75, 3, 3.25, 3.5, 3.75 & 4 QORT. (Only up to a 1 QORT difference up or down or any 0.25 increment between.) Block reward can only be voted to as low as 1 QORT per block, or as high as 5 QORT per block. These are the minimum and maximum block reward range Qortal will EVER potentially see. We are currently at 4.75 QORT per block. See [[Block Rewards & Distribution]] for more info. | ||