Qortal Project

The future of blockchain platforms

User Tools

Site Tools


Sidebar

Qortal Project Wiki

Important Notices

Introduction

Project Model

Minting

Communications

Trade Portal

Qortal Hosting (QDN)

Voting System

AT (Automated Transactions)

Hardware

Frequently Asked Questions (FAQ)

How-To Guides

Node Setup Guides

Third-Party Services

launch_information

This is an old revision of the document!


Launch Information

This page will have all up-to-date information regarding the launch of QORT.

The project is estimated to launch within a month or so. (We do not give out exact launch information until we are 100% certain the date will be met, which means knowing for sure everything is complete and ready.)

The QORA Transition

Every user of the existing QORA project, will have the ability to transition into QORT.

Methods for this transition will vary depending on which type of user you are in QORA.

QORA Forgers

Forgers on QORA will be able to transition to QORT as a 'minter' see minting details for more info. This will allow them to begin earning rewards on QORT, by providing their full node to the network, and remaining synchronized and online.

The level at which the QORA forger will come into QORT, will be determined based on the amount of blocks forged on QORA during a set timeframe (the timeframe that QORA was no longer listed on exchanges, and thus the forgers were not forging for personal gain, but instead to help keep the chain running.)

The highest level that a new minter can start from QORA forger, is lvl 5. Level 5 entitles the user to not only gain more of the block reward each block than a lower level account, but also gives the ability to 'accept delegates', which is the method for new minters to be created if they were NOT a forger on QORA. Accepting delegates can also be used to create various 'committees' within the platform, and also to create 'funds' by delegation of not only the status, but also the partial reward of a minter to the delegation enabled account.

Acceptance of minting account creation delegates, also entitles the delegation enabled account to receive the fee associated with becoming a minting account, which is paid up front by the account wishing to enable minting. This entitles the delegation enabled account of lvl 5 or higher, to earn some extra rewards as well.

launch_information.1569536216.txt.gz · Last modified: 09/26/2019 18:16 by crowetic