Qortal Project

The future of blockchain platforms

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trade_portal_overview [11/16/2022 06:36] – gfactortrade_portal_overview [11/16/2022 06:37] – gfactor
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 Votes in the system will be the primary factor as far as which new coins/tokens will be added, however, a vote is not a guarantee of listing, there will also be an independent verification done on the project pre-listing, to ensure only the most quality projects are listed in the Trade Portal. For now, we have two coins to provide a gateway to obtain QORT and the DevTeam can focus on other priorities. Votes in the system will be the primary factor as far as which new coins/tokens will be added, however, a vote is not a guarantee of listing, there will also be an independent verification done on the project pre-listing, to ensure only the most quality projects are listed in the Trade Portal. For now, we have two coins to provide a gateway to obtain QORT and the DevTeam can focus on other priorities.
  
-===== Atomic Swaps in the Trade Portal =====+===== Atomic Swaps =====
  
-With Qortal, we are swapping directly between blockchains with absolutely no central component between them. True cross-chain swaps require multiple transactions to occur sequentially on each chain, and each of these transactions needs time to confirm before it moves on to the next.+With Qortal, we are swapping directly between blockchains with absolutely no central component between them. This is known as 'atomic swaps'. True cross-chain swaps require multiple transactions to occur sequentially on each chain, and each of these transactions needs time to confirm before it moves on to the next.
  
-The Trade Portal functions by making use of an automation system that creates and executes placement of ATs on behalf of the private key of a 'logged in' account. The account's 'bot' (for lack of a better term) takes the trade data from the user, and issues a SmartContract (AT, ACCT AT to be exact) that then awaits input from another user, then picks up on behalf of both users, to execute a Cross-Chain trade. All that is necessary for the user, is leaving their core running. +The Trade Portal functions by making use of an automation system that creates and executes placement of ATs on behalf of the private key of a 'logged in' account. The account's 'bot' (for lack of a better term) takes the trade data from the user, and issues a SmartContract (AT, ACCT AT to be exact) that then awaits input from another user, then picks up on behalf of both users, to execute a cross-chain trade. All that is necessary for the user, is leaving their core running. 
  
 ===== Additional Notes ===== ===== Additional Notes =====
trade_portal_overview.txt · Last modified: 04/27/2023 19:57 by gfactor

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