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| q_a_time [01/03/2022 07:08] – gfactor | q_a_time [07/21/2022 16:31] – crowetic | ||
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| **A:** QORT is the ‘main coin’ of the Qortal Blockchain Ecosystem. It is used as both a store of value, and a ‘service coin’ for use with the multitude of services that are available in Qortal, and will be available in the future, such as the Trade Portal, chain messaging, etc etc... many other things in the future when we have data storage, etc. | **A:** QORT is the ‘main coin’ of the Qortal Blockchain Ecosystem. It is used as both a store of value, and a ‘service coin’ for use with the multitude of services that are available in Qortal, and will be available in the future, such as the Trade Portal, chain messaging, etc etc... many other things in the future when we have data storage, etc. | ||
| - | You can think of owning QORT like owning a ‘stock’ in the value of the entire Qortal Ecosystem. Qortal is a decentralized crypto ecosystem, not just a coin. It is capable of MUCH more than any other blockchain even now, and will be capable of much more in the future as development continues. The value of QORT should directly reflect the value in the services on the network, once more people are seeing it... right now the value is extremely under-valued since there aren’t enough investor eyes on the project that understand how valuable it really is... even just the Trade Portal is a multi-billion dollar trade platform that requires NO 3rd party in order to trade directly across blockchains person-to-person. | + | You can think of owning QORT like owning a portion of the vlue of the entire Qortal Ecosystem, and all services on it. Qortal is a decentralized crypto ecosystem, not just a coin. It is capable of MUCH more than any other blockchain even now, and will be capable of much more in the future as development continues. The value of QORT should directly reflect the value in the services on the network, once more people are seeing it... right now the value is extremely under-valued since there aren’t enough investor eyes on the project that understand how valuable it really is... even just the Trade Portal is a multi-billion dollar trade platform that requires NO 3rd party in order to trade directly across blockchains person-to-person. |
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| - | **Q:** Is the device quiet? | + | **Q:** Is the QORTector |
| - | **A:** Yes, the device is totally silent, it was built with larger heatsinks so that no fans are necessary whatsoever, therefore the device is completely silent. | + | **A:** Yes, the QORTector comes with a Noctua fan in a 3D printed case we make ourselves. These fans are very efficient at cooling and quiet. |
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| **A:** You must become level 1 before you will earn from Minting QORT. In order to accomplish this, another minter of level 5 or higher, or a Qortal Founder, must issue you a ‘sponsorship key’ - you will run this key for 5 days (7200 blocks) and then you will reach level 1. After reaching level 1 you will create and assign your own ‘minting key’ to your node, which then allows you to earn by verifying yourself to the network and attempting to sign blocks into the blockchain, allowing the chain to continue moving forward. | **A:** You must become level 1 before you will earn from Minting QORT. In order to accomplish this, another minter of level 5 or higher, or a Qortal Founder, must issue you a ‘sponsorship key’ - you will run this key for 5 days (7200 blocks) and then you will reach level 1. After reaching level 1 you will create and assign your own ‘minting key’ to your node, which then allows you to earn by verifying yourself to the network and attempting to sign blocks into the blockchain, allowing the chain to continue moving forward. | ||
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| Every Minter in Qortal is rewarded every block, regardless of who actually signs the block into the chain. This is a major difference between minting and mining, as was explained above in an earlier question. | Every Minter in Qortal is rewarded every block, regardless of who actually signs the block into the chain. This is a major difference between minting and mining, as was explained above in an earlier question. | ||
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| **Q:** Is there a way to level up quicker on Qortal? If so, what’s the best way to do so? | **Q:** Is there a way to level up quicker on Qortal? If so, what’s the best way to do so? | ||
| - | **A:** There is currently no way to level up any more quickly. However, in the future there will be other leveling methods developed. There will also be another method for the current Minting leveling, to happen more quickly by assigning the same minting key to multiple nodes... However, neither of these concepts are fully developed and implemented | + | **A:** There is currently no way to level up any more quickly. However, in the future there will be other leveling methods developed. There will also be another method for the current Minting leveling, to happen more quickly by assigning the same minting key to multiple nodes... However, neither of these concepts are fully developed and implemented. |
| - | **Q:** What’s a QORT currently worth? Where do we see its value headed | + | **Q:** What’s a QORT currently worth? Where do we see its value headed? |
| - | **A:** Recent trades have been between 60 and 95 cents, some upwards of 1-2 dollars. The network is growing VERY fast, and the more people involved, the higher the price becomes. The release schedule is very slow for QORT! Supply and demand should work well together! | + | **A:** Current average price and recent trades can be seen on [[Exqlorer.com]]. The network is growing VERY fast, and the more people involved, the higher the price becomes. The release schedule is very slow for QORT! Supply and demand should work well together! |
| There is no way to say with accuracy how much the increase in price will be but the potential for the price to be exponentially higher than it is currently, is definitely there. We have one of the only completely from scratch and completely fair blockchain-based platforms in the world. There are literally only a handful that are completely fair and from scratch, and Qortal has more than any other blockchain hands down. | There is no way to say with accuracy how much the increase in price will be but the potential for the price to be exponentially higher than it is currently, is definitely there. We have one of the only completely from scratch and completely fair blockchain-based platforms in the world. There are literally only a handful that are completely fair and from scratch, and Qortal has more than any other blockchain hands down. | ||
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| **Q:** How do I setup my computer as a node? | **Q:** How do I setup my computer as a node? | ||
| - | **A:** Qortal.org has a page called ‘Join’ where you can select the latest download | + | **A: |