Qortal Project

The future of blockchain platforms

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Trade Portal

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Launch Phases

Below are the general launch phases (but not limited to). Please go to the Qortal Status Updates (old page) for the latest news on development. Also note: the Wiki Site Updates page keeps a log of updates to the wiki for easy reference.

Launch Phases Overview

Phase 1: Network Launch

Phase 2: Trade Portal

Phase 3: Qortal Data Network (QDN)

Phase 4: Q-Apps

Phase 5: Mesh Network

Phase 1: Network Launch

  • Launched June 29th 2020
  • QORT Coin (main platform asset)
  • Minting, Leveling, and Rewards
  • Sponsorship Functionality
  • Custom UI Platform
  • Simple Account Creation
  • Secure Access Through Local or Hosted Nodes
  • Q-Chat P2P Messaging
  • Q-Chat Groups

Phase 2: Trade Portal

  • Launched August 6th 2020 with BTC.
  • BTC trades were too slow and costly for practical use, and were deactivated once LTC was implemented. BTC was later reactivated.
  • Current coins supported are: BTC, LTC, DOGE, RVN, DGB, and ARRR.
  • Qortal's Voting System was originally intended to go live during Phase 2 but has been delayed as the network has some bad actors who are self-sponsoring accounts and/or selling accounts to game our system.
  • The development team is working on solutions to combat the gaming before the voting system is completed. We do not want a system governed by man, but by the codebase itself. Therefore, the development team is working on a system that will penalize accounts for gaming. See the Self Sponsor Governance page for more info on this topic.
  • Once the Voting System is live, we will conduct votes to decide as a community which coins to allocate developer resources to adding more coins to the system. Ideally, Qortal will only build support for coins that meet a certain set of principles: 1) truly decentralized, 2) launched fairly (no ICO/pre-mine/airdrops), and 3) no proof-of-stake (PoS).
  • You can read more about the Trade Portal here: Trade Portal Overview.
  • You can read more about the Voting System here: Voting System Overview.

Phase 3: Qortal Data Network (QDN)

  • Launched January 14th 2022.
  • The Qortal Data Network (QDN) empowers individuals to host their data as a ‘data node’.
  • In short, how this works is the user compiles their data on their node, then broadcasts their namespace/registered name on the Qortal Network.
  • The data is NOT hosted on the blockchain, it is hosted on the user's node. From there, a tiny hash is registered on the blockchain to record which account is the owner of the data, and the user's namespace is listed under the 'Websites' tab within the Qortal UI.
  • Peers can then click the link to download and view the data.
  • This is a peer-to-peer distribution of data, so peers are actually downloading the owner's data to their node in order to view. The recipient can then click the Red X within the UI to remove the data after viewing, or choose to keep the data and run a redundant copy for the owner.
  • Redundant copies help keep the owner's data available for access on the Qortal Network, as the data is now accessible in an additional location for other peers.
  • The current limitation as of November 2022 is 500mb, although it is believed to be smaller than that (around 400mb). Please remember this is a massive work in progress and the goal is to make this feature unlimited and further streamlined as development continues. You can read more about this topic on the Qortal Data Network (QDN) page.
  • Data storage services (cloud hosting) are not live yet. The overall idea of this is to provide encrypted storage space to the public, where the service provider cannot access the data - only the "customer". Read more here: QORT Data Hosting Model

Phase 4: Q-Apps

  • Launched on April 22nd, 2023!
  • Q-Apps allows 1) further functionality/enhancements to existing features such as Q-Chat and QDN, and 2) any project to build on Qortal freely (excluding projects needing their own asset - this will require DevTeam review and submitting a summary of why they approve so the community can cast their votes to approve).
  • Qortal will demonstrate the capabilities of this technology in several ways such as 1) a YouTube type replacement, 2) GitHub code repo type replacement (Qortal’s code will soon be stored on QDN and no longer on GitHub), 3) evolving Q-Chat into a Telegram type replacement along with a mobile app, 4) a blog application where readers can vote on the content and increase the content creator’s level to receive larger rewards and higher influence, and 4) a merchant payment system for the e-commerce aspect of QDN.
  • You can read more about this topic on the Q-Apps page.

Phase 5: Mesh Network

  • Qortal's Mesh Network concept aims to provide an internet data service solution that is truly decentralized (P2P).
  • You can read more about this topic on the Mesh Networking page.
launch_phases.txt · Last modified: 04/27/2023 17:24 by gfactor