Qortal Project

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account_types [02/07/2022 08:44] gfactoraccount_types [04/27/2023 18:21] (current) gfactor
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 Founders have their own 'rewards pool' that comes from each block initially. This rewards pool eventually turns into only 5%. See the [[Block Rewards & Distribution]] page for more info. Founders have their own 'rewards pool' that comes from each block initially. This rewards pool eventually turns into only 5%. See the [[Block Rewards & Distribution]] page for more info.
  
-This model makes sense in the start of the system as the founders will be doing a lot of work and have already done a lot of work to get the system built and live. Therefore, a slightly larger rewards for a short amount of time seems fair.+This model makes sense in the start of the system as the founders will be doing a lot of work and have already done a lot of work to get the system built and live. Therefore, a slightly larger reward for a short amount of time seems fair.
  
 **DevTeam Admin:** DevTeam Admins are accounts that are given a permission to their account to take part in the 60% approval required to push auto-updates to the chain. Anyone can join the DevTeam, but this is not the same as the DevTeam Admin role. DevTeam Admins will need a 60% approval to give this permission to a DevTeam member, which is based on time and contribution, as well as the community's approval. You learn more about this process on the [[Voting System Overview]] page. **DevTeam Admin:** DevTeam Admins are accounts that are given a permission to their account to take part in the 60% approval required to push auto-updates to the chain. Anyone can join the DevTeam, but this is not the same as the DevTeam Admin role. DevTeam Admins will need a 60% approval to give this permission to a DevTeam member, which is based on time and contribution, as well as the community's approval. You learn more about this process on the [[Voting System Overview]] page.
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 **Data SuperNode:** Same as above. **Data SuperNode:** Same as above.
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-**Liquidity Provider:** Same as above, with the modification that the Trade Portal will be the first service focused on post-launch of the beta network. A Liquidity Provider on the Qortal Network is a user that provides third-party coin on the sell side of the Qortal trade market. As the system grows and gets more use, however, the modification of this to include users providing liquidity in multiple portions of multiple markets could potentially be voted into reality (more are likely to come as the platform is developed further). 
account_types.1644241496.txt.gz · Last modified: 02/07/2022 08:44 by gfactor