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leveling_system [04/27/2023 19:40] – gfactorleveling_system [02/13/2025 17:17] (current) – crowetic
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 {{:qortal_official_logo_transparent_.png?400|}} {{:qortal_official_logo_transparent_.png?400|}}
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 +=====Updated Feb 13 2025=====
 +The leveling system remains the same, however there is **NO MORE FOUNDER TIER**. The rewards that were previously given to the founder tier, **are now given to the Dev Admins, and Minter Admins**. 
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 +Dev Admins and Minter admins share the previous founder rewards tier 50/50 split. 
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 In Qortal, there is a system of 'levels' that are given to those who choose to become a minter. In Qortal, there is a system of 'levels' that are given to those who choose to become a minter.
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-====Minting Levels==== 
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-The first accounts able to level are the minters of Qortal. Minting is extremely important to the system, as it is the way that blocks are signed into the chain, and the chain progresses forward. Without the  minters, the chain doesn't move. 
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-Due to the extreme importance of the minters, they are rewarded with the block rewards on the system. The rewards of every block, are split via the following, which were updated* at block 1,010,000: 
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-- **Levels 1 and 2** minting accounts will obtain **6%** of the block reward. 
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-- **Levels 3 and 4** will obtain **13%** of the block reward 
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-- **Levels 5 and 6** will obtain **19%** of the block reward 
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-- **Levels 7 and 8** will obtain **24%** of the block reward 
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-- **Levels 9 and 10** will obtain **32%** of the block reward 
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-- **QORA holders transitioning into QORT will obtain 1% of the block reward** 
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-**Please note:** 1) QORA holders do NOT have to be minters in order to earn their transition into QORT coin. FOUNDERS and all other account types however, DO. 2) tiers 7-8 and 9-10 require at least 30 minters before they become active. If a tier has between 1 and 29 minters, the rewards are combined and shared with the previous tier. 
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-Another thing to note - if minters are OFFLINE, a larger percentage of the block reward percentage goes to the minters who are ONLINE. So be sure you keep your node ONLINE as much as possible, to both garner your earned reward, as well as your 'online block count' for leveling up. 
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-- **Founders** will obtain a minimum of **3%** of the block reward, and/or the 'leftover' percentage, which initially will be higher when there aren't enough users in all of the various level tiers, and will decrease over time as minters level up and fill the level tiers.  No rewards will be distributed to a tier (for example Levels 7 & 8, or 9 & 10 together), until there are 30 minters in that tier.  If a tier has between 1-29 minters, their rewards will be combined with and distributed to the previous level as well.  This ensures that a small number of minters do not earn a large percentage of the minting rewards to themselves. 
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-//Above is the initial split for minters based on their level. This split is subject to modification in the future, via either a vote by the users, or if necessary, a modification by the development team. (It is the goal of the system, **to eventually not need modification of anything without votes**, however, in the beginning, it is likely that sometimes it will be inevitable for changes to be made without them.)// 
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-*Before block 1,010,000 the rewards were 5, 10, 15, 20, and 25% for the five tiers, with 20% for QORA, and 5% for Founders. 
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-=== 'Leveling Up' === 
  
 As the entire design of the minting system suggests, the importance for the minter in Qortal, is that of SUPPORTING THE BLOCKCHAIN BY RUNNING A MINTING NODE. As a minting node is very important for the overall health of any blockchain, we have decided to delegate that importance by enforcing the minters being online and synced as the main contributing factor. As such, since we realize this importance, being ONLINE is tracked by the Qortal Core, and every 'online block' for every minter, is cemented into the blockchain. It is impossible to 'trick the core' into thinking you are online when you are not, as every node that has a minting key assigned to it, must 'verify' itself every block, by performing a special signature tied with a timestamp, and submitted within a given timeframe (5 minutes).  As the entire design of the minting system suggests, the importance for the minter in Qortal, is that of SUPPORTING THE BLOCKCHAIN BY RUNNING A MINTING NODE. As a minting node is very important for the overall health of any blockchain, we have decided to delegate that importance by enforcing the minters being online and synced as the main contributing factor. As such, since we realize this importance, being ONLINE is tracked by the Qortal Core, and every 'online block' for every minter, is cemented into the blockchain. It is impossible to 'trick the core' into thinking you are online when you are not, as every node that has a minting key assigned to it, must 'verify' itself every block, by performing a special signature tied with a timestamp, and submitted within a given timeframe (5 minutes). 
leveling_system.1682638823.txt.gz · Last modified: 04/27/2023 19:40 by gfactor

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