This shows you the differences between two versions of the page.
Both sides previous revisionPrevious revisionNext revision | Previous revisionLast revisionBoth sides next revision | ||
qort_model_-_account_types [01/01/2020 14:38] – gfactor | qort_model_-_account_types [12/05/2021 22:21] – gfactor | ||
---|---|---|---|
Line 1: | Line 1: | ||
- | ===QORT Account Types=== | + | ====== Account Types ====== |
- | There are multiple different ' | + | {{: |
+ | |||
+ | There are multiple different ' | ||
Account types are related to the benefit that each account provides to the network. | Account types are related to the benefit that each account provides to the network. | ||
- | **Founder: | + | **Founder: |
- | //(If you believe you should be a founder and haven' | + | The main purpose |
- | The main purpose of the founder account setup is to ensure that the platform has what it needs in the beginning in a set of honest, online, and active nodes with which the platform | + | Eventually, as time goes on and accounts prove themselves legitimate by minting or storing data, the Founder accounts' |
- | Eventually, as time goes on and accounts prove themselves legitimate by minting or storing data, the founder accounts' | + | The Founder |
- | The founder ' | + | See the [[Voting System Overview]] page for more info. |
- | 'F' | + | Founders have their own 'rewards pool' |
- | Initially, ' | + | 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. |
- | + | ||
- | Founders have their own ' | + | |
- | + | ||
- | 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. However, eventually, that will no longer be the case once the system is running flawlessly and all features planned have been implemented. At that point, founders will be placed into the same rewards group as the max level users. | + | |
**Minter:** Minter status is the status provided to those who have proven themselves via ' | **Minter:** Minter status is the status provided to those who have proven themselves via ' | ||
- | Minters are the users in QORT who are rewarded for, and complete the process of, finding blocks on the QORT network. As in any other blockchain, finding blocks is necessary in QORT. However, the rewards are completely different in QORT system. | + | Minters are the users in Qortal |
Minters are initially the only users that can contain a ' | Minters are initially the only users that can contain a ' | ||
- | Later, however, when the other account types such as 'Data Node', 'Data SuperNode', | + | Later, however, when the other account types such as 'Data Node', 'Data SuperNode', |
- | + | ||
- | The initial launch of QORT, however, will only have Founder, Minter, and User account types. | + | |
\\ | \\ | ||
- | **User:** A User on QORT is anyone who is not assigned any other special account type. Simply put, anyone who does not want to become a minter, does not want to be a data node, doesn' | + | **User:** A User on Qortal |
Users have no special ability, cannot vote for changes in the system, and are not allowed to obtain rewards via the minting system. | Users have no special ability, cannot vote for changes in the system, and are not allowed to obtain rewards via the minting system. | ||
- | Users CAN, however, use the trade portal, make transactions, | + | Users CAN, however, use the trade portal, make transactions, |
The process to become other account types aside from minter, have not fully been discussed by the current development team, and thus will not be explained in detail here yet. | The process to become other account types aside from minter, have not fully been discussed by the current development team, and thus will not be explained in detail here yet. | ||
Line 48: | Line 44: | ||
**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. So this account type will be able to be created sooner than the Data Node or Data SuperNode type. | **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. So this account type will be able to be created sooner than the Data Node or Data SuperNode type. | ||
- | A Liquidity Provider on the QORT network | + | A Liquidity Provider on the Qortal Network |
- | 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. | + | 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). |
- | (more are likely to come as the platform is developed further). | + |