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qora_transition

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qora_transition [03/15/2021 23:48] – gfactorqora_transition [03/16/2021 03:14] – gfactor
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 {{:qora_logo.png?400|}} {{:qora_logo.png?400|}}
  
-Every user of the existing QORA project had the ability to transition into Qortal excluding Poloneix and OpenLedger wallets due to these exchanges inability to honestly return user's "unrecoverable" coin (given the fact that they are either a holder who has QORA coin in a private wallet they control or a forger who has the private key of an account that had forged blocks on QORA during the given time frame).+Every user of the existing QORA project had the ability to transition into Qortal excluding Poloniex and OpenLedger wallets due to these exchanges inability to honestly return user's "unrecoverable" coin (given the fact that they are either a holder who has QORA coin in a private wallet they control or a forger who has the private key of an account that had forged blocks on QORA during the given time frame).
  
 Methods for this transition varied depending on which type of user you were in QORA. Methods for this transition varied depending on which type of user you were in QORA.
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 ===QORA Forgers=== ===QORA Forgers===
  
-Eligible forgers on QORA were be able to transition to Qortal as a 'minter' [[minting|see minting details for more info]]. This will allow them to begin earning rewards on Qortal in the form of QORT coin, by providing their full node to the network and remaining synchronized/online. +Eligible forgers on QORA were able to transition to Qortal as a 'minter' [[minting|see minting details for more info]]. The level at which the QORA forger came into Qortal was determined based on the amount of blocks forged on QORA during a set time frame (when QORA was no longer listed on exchanges and thus the forgers were not forging for personal gain but instead to help keep the chain running).
- +
-The level at which the QORA forger came into Qortal was determined based on the amount of blocks forged on QORA during a set time frame (when QORA was no longer listed on exchanges and thus the forgers were not forging for personal gain but instead to help keep the chain running).+
  
 The highest level that a new minter started from as a QORA forger was 'level 5'. Level 5 entitles the user to not only gain more of the block reward for each block compared to a lower leveled account, but also gives the ability to 'accept delegates' which is the method for new minters to be created if they were NOT a forger on QORA. Accepting delegates can also be used to create various 'committees' within the platform and also create 'funds' by delegation of not only the status, but also the partial reward of a Minter to the delegation enabled account. The highest level that a new minter started from as a QORA forger was 'level 5'. Level 5 entitles the user to not only gain more of the block reward for each block compared to a lower leveled account, but also gives the ability to 'accept delegates' which is the method for new minters to be created if they were NOT a forger on QORA. Accepting delegates can also be used to create various 'committees' within the platform and also create 'funds' by delegation of not only the status, but also the partial reward of a Minter to the delegation enabled account.
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 **BURN PERIOD HAS EXPIRED, NO FURTHER QORA BURN WILL BE CREDITED** **BURN PERIOD HAS EXPIRED, NO FURTHER QORA BURN WILL BE CREDITED**
  
-=== Poloneix and OpenLedger Wallets ===+=== Poloniex and OpenLedger Wallets ===
  
-QORA coin was not accepted and burned from Poloneix and OpenLedger wallets due to these centralized services not allowing people to withdraw their QORA coin. It was a tough decision to make, but ensured these "unavailable" coin were not stolen and allowed to be used on the Qortal platform by the wrongful owner.+QORA coin was not accepted and burned from Poloniex and OpenLedger wallets due to these centralized services not allowing people to withdraw their QORA coin. It was a tough decision to make, but ensured these "unavailable" coin were not stolen and allowed to be used on the Qortal platform by the wrongful owner.
  

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