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- | ====== Most Common Questions ====== | ||
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- | Please be sure to watch the [[Home]] page video to become familiar with the general layout of the wiki! Also, you can use the search bar at the top to enter keywords! | ||
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- | NO PRE-MINE (chain starts at 0 QORT) | ||
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- | Project is called Qortal. Qortal' | ||
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- | Becoming a minter will require Sponsorship - this period is 7200 online blocks with a Sponsorship Key assigned. | ||
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- | Account must be level 5 or higher to sponsor (can sponsor up to 5 accounts at once) | ||
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- | Sponsorship requires the assignment of the Sponsorship key created by a level 5+ minter, assigned to any node. Read more about this on the [[Minting Overview]] and [[Becoming A Minter]] wiki pages. | ||
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- | You can register only one name per account, so 1 account = 1 name. | ||
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- | Name registration will cost you 1.25 QORT | ||
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- | No Total Cap on QORT coin, every ‘6 months’ there is a decrease in block reward from its start at 5 QORT, by .25, until 2 QORT is the reward. Thereafter, a vote can be made with the suggestion of an increase or decrease of 0.25 to 1 QORT difference per block via vote, however, this type of vote can only take place one time per ‘year’ (in blocks). For example, if the current block reward was 3 QORT, the vote could only be: 2, 2.25, 2.5, 2.75, 3, 3.25, 3.5, 3.75 & 4 QORT. (Only up to a 1 QORT difference up or down or any 0.25 increment between.) Block reward can only be voted to as low as 1 QORT per block, or as high as 5 QORT per block. These are the minimum and maximum block reward range Qortal will EVER potentially see. See [[Block Rewards & Distribution]] for more info. You can see the current block reward on the [[Qortal Status Updates]] page. | ||
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- | Average 60 second block time (1440 blocks per day): no blockchain is ever ' | ||
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- | What you earn is based on how many people you share with your account level bracket. Read here for more info on how this works: [[Block Rewards & Distribution]] | ||
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- | QORA forgers will be minting-enabled (does not require sponsorship) - their level will be determined by the number of blocks they forged on QORA chain | ||
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- | If you burned QORA prior to the final burn date, you will automatically become part of the QORA transition. All you need to do is login with the account' | ||
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- | QORA forgers will start at a level between 1-5. (Level 5 is the max starting level for forgers.) | ||
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- | Level 1+ can mint | ||
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- | Level 5+ can sponsor | ||
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- | URL http vs https: Qortal does not need SSL (which is the S in https) when you are connecting to Qortal' | ||
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- | Minimum specs for running a node: At the present time, the core and UI will run with 2GB of ram or even less, and 1 core even, depending on the type of core (it's hard to give 'base specs' like that without caveats). Windows is the worst with everything, especially memory management, so specs for ideal performance on Windows would be different than any other OS. It’s likely a minimum requirement for Windows of quad core, 8GB RAM (no other apps running ideally) and at least 50GB free strictly for the database. Any device with Java 11+ (11.0.2+ preferred) will run the Qortal core. | ||
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- | Your computer does not have to stay running 24/7, but if it isn’t, then you won’t be minting. You will also not be minting if your computer goes to sleep, so be sure to turn off sleep mode. | ||
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- | Account name registration is limited to 40 characters max. Group name registration is limited to 32 characters max. For now group names will need to use ASCII characters (A-z, 0-9, etc) until improvements can be made. |