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q-assets [06/27/2025 23:35] – created croweticq-assets [06/28/2025 03:26] (current) – crowetic
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 While yes, QORT itself is technically just an asset on the Qortal Chain, there is one key difference... QORT is created BY CONSENSUS.  While yes, QORT itself is technically just an asset on the Qortal Chain, there is one key difference... QORT is created BY CONSENSUS. 
  
-While issuance of additional assets on Qortal can be accomplished by a single account simply issuing a certain ISSUE ASSET transaction, QORT is not created in this fashion. Instead, QORT is created by consensus, and was issued at Genesis with 0 QORT on the chain, and minted from there by the Qortal Community of MINTERS. (MINTING on Qortal is NOT the same as you may be used to on EVM chains either, [[minting_overview|read about that HERE]] it is a completely unique consensus model that rewards CONTRIBUTION OVER TIME. (As opposed to someone simply issuing a command to the Ethereum network and magically creating more fake tokens kept track of by 'contracts'...) +While issuance of additional assets on Qortal can be accomplished by a single account simply issuing a certain ISSUE ASSET transaction, QORT is not created in this fashion. Instead, QORT is created by consensus, and was issued at Genesis with 0 QORT on the chain, and minted from there by the Qortal Community of MINTERS. (MINTING on Qortal is NOT the same as you may be used to on EVM chains either, [[minting_overview|read about that HERE]] it is a completely unique consensus model that rewards CONTRIBUTION OVER TIME. ((As opposed to someone simply issuing a command to the Ethereum network and magically creating more fake tokens kept track of by 'contracts'...))) 
  
 QORT is the 'primary asset' of the Qortal Chain, and it is utilized to 'power' the Qortal Network. All transactions that are not feeless, require QORT in order to be issued on the network. Publishing data to QDN via an 'ARBITRARY' transaction, issuing the necessary AT transactions to create a true cross-blockchain trade, and tipping your favorite Q-Tube content creator for their content, are a few examples.  QORT is the 'primary asset' of the Qortal Chain, and it is utilized to 'power' the Qortal Network. All transactions that are not feeless, require QORT in order to be issued on the network. Publishing data to QDN via an 'ARBITRARY' transaction, issuing the necessary AT transactions to create a true cross-blockchain trade, and tipping your favorite Q-Tube content creator for their content, are a few examples. 
q-assets.txt · Last modified: 06/28/2025 03:26 by crowetic

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