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qortal_in_a_nutshell [01/29/2022 22:31] – gfactor | qortal_in_a_nutshell [01/29/2022 22:36] – gfactor | ||
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*True peer-to-peer trading (P2P) | *True peer-to-peer trading (P2P) | ||
*Web hosting and data storage where freedom of speech and trade of information can thrive | *Web hosting and data storage where freedom of speech and trade of information can thrive | ||
- | *Social media safe haven where only admins of their self-created groups can censor and have control over | + | *Social media safe haven where only admins of self-created groups can censor and have control over |
*Encrypted peer-to-peer text, voice, and video communications | *Encrypted peer-to-peer text, voice, and video communications | ||
*Mesh network data service with satellite bridging as an alternative to an internet service provider (ISP) | *Mesh network data service with satellite bridging as an alternative to an internet service provider (ISP) | ||
*Infrastructure for ethical third-party projects to build on | *Infrastructure for ethical third-party projects to build on | ||
- | The Qortal | + | The Qortal |
- | So who controls the codebase of this ambitious project and are there any vulnerabilities? | + | So who controls the codebase of this ambitious project and are there any vulnerabilities? |
- | We are only one year into launch and have a lot to work towards, but all of this can and will be done thanks to the strong community we’ve built and continue to grow. We’ve done all of this with hardly any funding and developers! The codebase is open source for both the blockchain and the Raspberry Pi hardware which can operate as a stand-alone desktop and blockchain node. Crowetic Hardware Development (CHD) is a new company that three of the Qortal founders formed to sell these devices to those who wish to simply plug-n-play or want to support the team as CHD will profit share with the Qortal | + | We are only one year into launch and have a lot to work towards, but all of this can and will be done thanks to the strong community we’ve built and continue to grow. We’ve done all of this with hardly any funding and developers! The codebase is open source for both the blockchain and the Raspberry Pi hardware which can operate as a stand-alone desktop and blockchain node. Crowetic Hardware Development (CHD) is a new company that three of the Qortal founders formed to sell these devices to those who wish to simply plug-n-play or want to support the team as CHD will profit share with the Qortal |
Qortal has its own coin called QORT which is both a service coin to power on-chain services as well as a digital currency which can be used as a form of payment on-chain. Businesses and services can accept whatever cryptocurrencies Qortal supports as payment methods. Qortal will provide a safe haven for a new Internet of e-commerce and a job marketplace where smart contracts can be utilized to make payments in cryptocurrency. Virtually any new, ethical system can be built on Qortal’s infrastructure! | Qortal has its own coin called QORT which is both a service coin to power on-chain services as well as a digital currency which can be used as a form of payment on-chain. Businesses and services can accept whatever cryptocurrencies Qortal supports as payment methods. Qortal will provide a safe haven for a new Internet of e-commerce and a job marketplace where smart contracts can be utilized to make payments in cryptocurrency. Virtually any new, ethical system can be built on Qortal’s infrastructure! | ||
- | Qortal will implement a voting system where the community will be able to vote on the project’s direction. The account levels and blocks minted will give members a weighted vote. This will allow the community to earn a heavier weighted vote based on time and contribution. Everyone reaches the same max level 10 account in time. This will keep the community involved and not force every decision to be left solely in the hands of the dev team. | + | Qortal will implement a voting system where the community will be able to vote on the project’s direction. The account levels and blocks minted will give members a weighted vote. This will allow the community to earn a heavier weighted vote based on time and contribution. Everyone reaches the same max level 10 account in time. This will keep the community involved and not force every decision to be left solely in the hands of the DevTeam. |
===== A Deeper Dive Into Qortal ===== | ===== A Deeper Dive Into Qortal ===== | ||
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CIYAM is a third-party group of developers who created the ‘AT’ SmartContract system which was the first of its kind to conduct a true peer-to-peer trade in the blockchain space. Qortal includes this CIYAM trade framework along with some customization known as the ‘TradeBot’ which allows automation of the multiple transactions involved in each cross-chain trade. The TradeBot of Qortal keeps track of each trade on behalf of the user who created them and can only be accessed by the user that created the trade. The custom TradeBot ultimately makes the Trade Portal more user-friendly with automation on the backend. | CIYAM is a third-party group of developers who created the ‘AT’ SmartContract system which was the first of its kind to conduct a true peer-to-peer trade in the blockchain space. Qortal includes this CIYAM trade framework along with some customization known as the ‘TradeBot’ which allows automation of the multiple transactions involved in each cross-chain trade. The TradeBot of Qortal keeps track of each trade on behalf of the user who created them and can only be accessed by the user that created the trade. The custom TradeBot ultimately makes the Trade Portal more user-friendly with automation on the backend. | ||
- | The point to make here is that the dev team did not find any existing codebase in the blockchain space suitable for what Qortal required and decided that what we aim for can be done, but will require the codebase to be written from scratch (other than the QORA and CIYAM framework implemented). Furthermore, | + | The point to make here is that the DevTeam |
Funding Qortal has been extremely challenging as there is no intellectual property and was launched ethically with no ICO (initial coin offering), pre-mine, nor airdrop. All of our developers have full-time jobs to support a base income and help with Qortal in their free time. Although it is extremely admirable of the devs to make themselves available for Qortal, it ultimately has caused a slower rate of production than would be possible if we could bring devs on full-time. With such an ambitious and revolutionary project, the rate of production has been a bit frustrating but we are proud to say development is moving forward nonetheless. | Funding Qortal has been extremely challenging as there is no intellectual property and was launched ethically with no ICO (initial coin offering), pre-mine, nor airdrop. All of our developers have full-time jobs to support a base income and help with Qortal in their free time. Although it is extremely admirable of the devs to make themselves available for Qortal, it ultimately has caused a slower rate of production than would be possible if we could bring devs on full-time. With such an ambitious and revolutionary project, the rate of production has been a bit frustrating but we are proud to say development is moving forward nonetheless. |