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qortal_project_background_info [02/15/2022 21:21] – gfactor | qortal_project_background_info [02/20/2022 16:12] – gfactor | ||
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The Qortal Project was born of the project called QORA which launched in 2014. Notice the " | The Qortal Project was born of the project called QORA which launched in 2014. Notice the " | ||
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The takeover of QORA development took place in 2016 with the goal of rebuilding QORA into QORA2 as well as launching Qortal as a clone to be focused solely on a totally decentralized trade portal. However, since the takeover, many things have been modified in terms of overall goals. As of now, the Qortal Project will have the functionality of both QORA2 and Qortal (the original concept of a truly Decentralized Trading Platform). Thus, making Qortal an all-in-one platform with capabilities well beyond that of any existing blockchain system! By combining the ideas of the trade portal with the decentralized application hosting aspects of QORA, Qortal aims to be the most decentralized and scalable platform in existence. Virtually any public or private applications can be built on the chain, therefore, encouraging everyone to come together rather than having any need to compete. The system will reward every contributor to the network based fairly on their level of contribution. | The takeover of QORA development took place in 2016 with the goal of rebuilding QORA into QORA2 as well as launching Qortal as a clone to be focused solely on a totally decentralized trade portal. However, since the takeover, many things have been modified in terms of overall goals. As of now, the Qortal Project will have the functionality of both QORA2 and Qortal (the original concept of a truly Decentralized Trading Platform). Thus, making Qortal an all-in-one platform with capabilities well beyond that of any existing blockchain system! By combining the ideas of the trade portal with the decentralized application hosting aspects of QORA, Qortal aims to be the most decentralized and scalable platform in existence. Virtually any public or private applications can be built on the chain, therefore, encouraging everyone to come together rather than having any need to compete. The system will reward every contributor to the network based fairly on their level of contribution. | ||
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**BUILT BY THE PEOPLE, FOR THE PEOPLE.** | **BUILT BY THE PEOPLE, FOR THE PEOPLE.** | ||
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+ | Why did QORA need to be rebuilt? The codebase was a spider webbed mess of code and not friendly for scalability in terms of how it could be designed to onboard new developers easier. Next, the chain itself was already bloated with a terrible on-chain data hosting design as well as an over-inflated amount coins. To be frank, there were several reasons why QORA was not feasible to build off of. When the current team took over the abandoned project by its founding team, the realization quickly came that QORA needed a complete rewrite and overall redesign. Hence, Qortal! So basically all of the cool ideas were adopted, expanded upon, and so much more added to the master plan than QORA had conceived. Especially removing the Proof of Stake (PoS) that QORA had, as Qortal’s ethos frowns upon PoS which allows money to buy power over the network, and Qortal is all about egalitarianism. We actually aim to never support any PoS systems. Meanwhile all of the terrible design flaws of QORA were casted out, with a total rebuild of the codebase into something with real potential. A fair QORA:QORT transition was made for those who invested in QORA. | ||
Qortal' | Qortal' |