Qortal Project

The future of blockchain platforms

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qortal_101 [01/16/2022 20:48] – [How can you contribute?] gfactorqortal_101 [03/27/2023 19:30] (current) – [Listing QORT on Third-Party Sites or Exchanges] gfactor
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 ===== What is Qortal? ===== ===== What is Qortal? =====
  
-Qortal is infrastructure that utilizes blockchain technology with a focus on true decentralization. What’s the big hype on decentralization? Centralization leads to systems being compromised, and it’s time for sovereign solutions. Why blockchain technology? It provides the most scalable and secure solution in general, and of course the only real way for us to create a system of true decentralization. We aim to create a viable alternative to the existing Internet, internet service providers (ISP), and Ethereum (blockchain project we do not think highly of). We aim to unleash the true potential of decentralized blockchain technology like never seen before in an all-in-one platform. This is not about anarchy per se, but we are certainly building an anarchistic platform that allows us to regain control over our digital lives and cannot be hindered by third-parties including government regulations. Our dream is to build a system designed to outlive us all. We call ourselves Qortians in the virtual land of Qortia. We’ll dive more into Qortal in a moment...+Qortal is infrastructure that utilizes blockchain technology with a focus on true decentralization: web/data hosting, censorship-free internet for websites and social media, encrypted communications, alternative ISP solutions, platform for ethical projects to build securely, and moreQortal is not only infrastructure for a decentralized, censorship-free Internet... it is an entire decentralized operating system where virtually any ethical project/application can be built securely (P2P)! What’s the big hype on decentralization? Centralization leads to systems being compromised, and it’s time for sovereign solutions. Why blockchain technology? It provides the most scalable and secure solution in general, and of course the only real way for us to create a system of true decentralization. We aim to create a viable alternative to the existing Internet, internet service providers (ISP), and Ethereum (blockchain project we do not think highly of). We aim to unleash the true potential of decentralized blockchain technology like never seen before in an all-in-one platform. This is not about anarchy per se, but we are certainly building an anarchistic platform that allows us to regain control over our digital lives and cannot be hindered by third-parties including government regulations. Our dream is to build a system designed to outlive us all. We call ourselves Qortians in the virtual land of Qortia. We’ll dive more into Qortal in a moment...
  
 ===== What is blockchain technology? =====  ===== What is blockchain technology? ===== 
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 Bitcoin was the first to gain traction in the mainstream, launching in 2009, which utilizes a network of nodes by people all over the world. Bitcoin (BTC) was designed for anyone to run a basic computer and support the immutable ledger. Bitcoin uses a mining system called Proof of Work (PoW) which rewards the block signer with a digital coin. This is known as the block reward. The coin is actually created by the blockchain one at a time, one block at a time. In the case of Bitcoin, only 21 million Bitcoins will ever be produced. You may ask what happens after the 21 million have been mined, as this removes the incentive to continue running a node, right? The answer is no, since there are transaction fees which are distributed to the miners. This separate type of reward will continue to happen indefinitely.  Bitcoin was the first to gain traction in the mainstream, launching in 2009, which utilizes a network of nodes by people all over the world. Bitcoin (BTC) was designed for anyone to run a basic computer and support the immutable ledger. Bitcoin uses a mining system called Proof of Work (PoW) which rewards the block signer with a digital coin. This is known as the block reward. The coin is actually created by the blockchain one at a time, one block at a time. In the case of Bitcoin, only 21 million Bitcoins will ever be produced. You may ask what happens after the 21 million have been mined, as this removes the incentive to continue running a node, right? The answer is no, since there are transaction fees which are distributed to the miners. This separate type of reward will continue to happen indefinitely. 
  
-The problem with Bitcoin is that it creates competition between the nodes as only one node is rewarded each block for signing the block. In other words, each block has to be signed before moving onto the next block. This has led to the evolution of Bitcoin ‘miners’ which are ASIC machines built specifically for Bitcoin to run extremely fast computing and greater chance of signing blocks - putting slower machines at a disadvantage. These mining machines have become increasingly expensive and require a lot of power to run, while making basic computer nodes obsolete. To no surprise, Bitcoin mining is no longer all-inclusive and has become a system where money equals power over the network. This is totally against the fundamental principles of the Bitcoin White Paper written by the anonymous founder ‘Satoshi Nakamoto’. In some regards, Bitcoin mining is becoming less decentralized and more centralized. The reason for this is due to the PoW mining algorithm. It simply allows money to equal power over the network! Therefore PoW like this is flawed and leads to centralization! There’s a lot more we could go over with Bitcoin, but this was included to give newcomers a quick intro to blockchain tech and highlight some key areas.+The problem with Bitcoin is that it creates competition between the nodes as only one node is rewarded each block for signing the block. In other words, each block has to be signed before moving onto the next block, which is the nature of blockchains, but Bitcoin creates competition between miners. This has led to the evolution of Bitcoin ‘miners’ which are ASIC machines built specifically for Bitcoin to run extremely fast computing and greater chance of signing blocks - putting slower machines at a disadvantage. These mining machines have become increasingly expensive and require a lot of power to run, while making basic computer miners obsolete. To no surprise, Bitcoin mining is no longer all-inclusive and has become a system where money equals power over the network. This is totally against the fundamental principles of the Bitcoin White Paper written by the anonymous founder ‘Satoshi Nakamoto’. In some regards, Bitcoin mining is becoming less decentralized and more centralized. The reason for this is due to the PoW mining algorithm. It simply allows money to equal power over the network! Therefore PoW like this is flawed and leads to centralization! There’s a lot more we could go over with Bitcoin, but this was included to give newcomers a quick intro to blockchain tech and highlight some key areas.
  
 Next, it is important to address Ethereum, which launched in 2015, and why it is NOT truly decentralized. Ethereum (ETH) took blockchain technology to a new level compared to Bitcoin by creating infrastructure. Ethereum allows other projects to build on its chain. A brilliant idea, as it has led to all sorts of use cases including commercial but unfortunately the centralized control has allowed blocks to move backwards, referred to as a rollback. Most of us sovereign-driven folks find this rollback completely against the fundamental principle of using blockchain technology. This is clearly an unethical action, in our founding opinion, to refund investors after Ethereum’s DAO SmartContract was hacked and millions stolen. So it is clear that Ethereum is fully controlled and only the big money people are of importance. Not to mention that due to the hack, Ethereum did not have the proper underlying security layers for its users to have complete confidence in! One of the many examples of how central control leads to unethical practices. Especially the boom of scams that launched on Ethereum which make us cringe! Ethereum has been using the PoW mining algorithm since its inception. On December 1st 2021, Ethereum will change PoW to Proof of Stake (PoS). As mentioned above, conventional PoW like this is flawed and leads to centralization by creating competition with the block reward only going to the block signer. PoS is also flawed and leads to centralization. The idea of PoS is to remove the flaws of PoW’s need for expensive hardware and high electricity usage. PoS requires nodes to hold coins, or ‘stake it’, and rewards those with higher wallet balances. The idea being that higher wallet balances have more vested and intend to authentically secure the network - not attack it. The reality of PoS is that it creates another system where money equals power. On a different note, Ethereum launched an initial coin offering (ICO) in which 72 million coins were pre-mined for the sake of raising funding. We respectfully feel that ICOs are not ethical, as they enrich selected people and historically most of the ICOs were blatant cash grab-n-dash schemes where the investors were left empty handed. A dicey situation nonetheless.  Again, there’s a lot more we could go over, but this was included to give newcomers a quick intro to blockchain tech. Next, it is important to address Ethereum, which launched in 2015, and why it is NOT truly decentralized. Ethereum (ETH) took blockchain technology to a new level compared to Bitcoin by creating infrastructure. Ethereum allows other projects to build on its chain. A brilliant idea, as it has led to all sorts of use cases including commercial but unfortunately the centralized control has allowed blocks to move backwards, referred to as a rollback. Most of us sovereign-driven folks find this rollback completely against the fundamental principle of using blockchain technology. This is clearly an unethical action, in our founding opinion, to refund investors after Ethereum’s DAO SmartContract was hacked and millions stolen. So it is clear that Ethereum is fully controlled and only the big money people are of importance. Not to mention that due to the hack, Ethereum did not have the proper underlying security layers for its users to have complete confidence in! One of the many examples of how central control leads to unethical practices. Especially the boom of scams that launched on Ethereum which make us cringe! Ethereum has been using the PoW mining algorithm since its inception. On December 1st 2021, Ethereum will change PoW to Proof of Stake (PoS). As mentioned above, conventional PoW like this is flawed and leads to centralization by creating competition with the block reward only going to the block signer. PoS is also flawed and leads to centralization. The idea of PoS is to remove the flaws of PoW’s need for expensive hardware and high electricity usage. PoS requires nodes to hold coins, or ‘stake it’, and rewards those with higher wallet balances. The idea being that higher wallet balances have more vested and intend to authentically secure the network - not attack it. The reality of PoS is that it creates another system where money equals power. On a different note, Ethereum launched an initial coin offering (ICO) in which 72 million coins were pre-mined for the sake of raising funding. We respectfully feel that ICOs are not ethical, as they enrich selected people and historically most of the ICOs were blatant cash grab-n-dash schemes where the investors were left empty handed. A dicey situation nonetheless.  Again, there’s a lot more we could go over, but this was included to give newcomers a quick intro to blockchain tech.
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   *Everything built on-chain is truly decentralized; there are no centralized aspects at all.   *Everything built on-chain is truly decentralized; there are no centralized aspects at all.
   *There will be no private interest ruling over the common good of the people; the Voting System will let our voices be heard and the DevTeam will always take into consideration our interests.   *There will be no private interest ruling over the common good of the people; the Voting System will let our voices be heard and the DevTeam will always take into consideration our interests.
-  *There can be no censorship or sanctioning power from the Development Team. We strongly believe it should be solely up to the individual to have complete control over their digital lives within this new system. (Admins of groups they make will have control over their subcommunity just as you’d expect as an admin on a Facebook group/page.)+  *There can be no censorship or sanctioning power from the Development Team. We strongly believe it should be solely up to the individual to have complete control over their digital lives within this new system. (Admins of groups they make will have control over their sub-community just as you’d expect as an admin on a Facebook group/page.)
   *With true decentralization, no outside forces can regulate or sanction Qortal directly. There is no intellectual property, there is no one to hold accountable for others’ actions.    *With true decentralization, no outside forces can regulate or sanction Qortal directly. There is no intellectual property, there is no one to hold accountable for others’ actions. 
   *We felt launching ICO and pre-mining QORT would be unethical, so we did not; Genesis Block #1 minted the first QORT coin.   *We felt launching ICO and pre-mining QORT would be unethical, so we did not; Genesis Block #1 minted the first QORT coin.
   *We are not money-driven, we are sovereign-driven.   *We are not money-driven, we are sovereign-driven.
 +
 +===== When Did Qortal Launch? =====
 +
 +Qortal launched Genesis block on June 29th 2020. The Trade Portal was launched on August 6th 2020. Qortal Data Network (QDN) was launched on 1/14/22. We were not able to launch everything at Genesis with limited funds and limited dev resources, so we are building as we go. Bear with us as there is a lot underdeveloped but considering the circumstances, everything is moving along nicely! Bear with us!
  
 ===== What are we planning to build with Qortal exactly? ===== ===== What are we planning to build with Qortal exactly? =====
  
   *Decentralized, censorship-free Internet which is done by running your own node and hosting your own website on your node. You’ll no longer need a third-party hosting provider or have to pay for a website url. Your registered name on Qortal is yours to keep and can be used for your website too!    *Decentralized, censorship-free Internet which is done by running your own node and hosting your own website on your node. You’ll no longer need a third-party hosting provider or have to pay for a website url. Your registered name on Qortal is yours to keep and can be used for your website too! 
 +  *For users browsing the new web, they'll be able to access the free trade of information and make use of the crypto we've built support for. Services can choose to accept the various coins in exchange for their services/goods. As you can imagine, we're barely scratching the surface of this potential (as with everything in this page).
   *Internet service provider (ISP) alternative utilizing mesh networks and satellite bridging. As local mesh networks grow, they depend less on their actual ISP, eventually we can utilize satellites to bridge gaps between geographical locations and one day get to the point where we are completely sovereign!   *Internet service provider (ISP) alternative utilizing mesh networks and satellite bridging. As local mesh networks grow, they depend less on their actual ISP, eventually we can utilize satellites to bridge gaps between geographical locations and one day get to the point where we are completely sovereign!
   *Peer-to-peer solutions remove any need for centralized components: 1) Voice, video and text communications should be encrypted and safe between two parties, 2) We should have complete control over our coin wallets and trade with others directly.   *Peer-to-peer solutions remove any need for centralized components: 1) Voice, video and text communications should be encrypted and safe between two parties, 2) We should have complete control over our coin wallets and trade with others directly.
 +  *Infrastructure for apps to be built freely (Q-Apps). Also ethical projects to launch their own asset (token) if the community approves of the proposition. 
 +  *Voting system on our blockchain, where blocks minted equate to a weighted vote, and together we help determine outcomes with developmental decisions.
 +
 +
 +===== What do we foresee as founders and early adopters? =====
 +
 +A new ecosystem free of any outside control. A censorship-free platform where free speech and trade of information can securely operate. A new Internet where freedom of speech, free trade of information, e-commerce and job markets can thrive! Maybe the world will begin to grow closer than ever before, become a more synchronized and educated bunch, who can demand change and make change in the world like never seen before. If we can regain control over our digital lives and banking, we hold the cards in this new world and corrupt leadership will ultimately fall. This won’t happen overnight but we can surely make change and better contribute to mankind’s success. 
 +
 +===== What is Minting? =====
 +
 +Minting is our version of mining cryptocurrency on a blockchain: a much different version where we can run an average computer to take part, do not compete to sign blocks, fancier computers don't have an advantage, and it's a peer-to-peer solution (P2P). Learn more about the Minting System and sponsorship process here: [[Minting Overview]]
 +
 +===== What is QDN and when will Qortal have mesh networking? =====
 +
 +QDN stands for the Qortal Data Network. This is our decentralized data hosting solution where anyone can host their website for free, store public data for free, and no longer have any reliance on centralized components. Mesh networking will come later as the Qortal node base grows and the DevTeam is able to allocate time for the mesh network concept. Read more about the [[QORT Data Hosting Model]] and [[Mesh Networking]].
 +
 +===== Free Website and Data Hosting is LIVE =====
 +
 +Read more about it on the [[QORT Data Hosting Model]] page and the guide to do so on the [[How To Host Your Public Data]]
  
 ===== No Total Coin Cap ===== ===== No Total Coin Cap =====
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 We have nothing against listing QORT on third-party sites such as  We have nothing against listing QORT on third-party sites such as 
-CoinGecko or CoinMarketCap. If anything, it gains Qortal more exposure and credibility. We have applied with CoinMarketCap. It turns out CoinGecko will only approve projects that are listed on exchanges they approve. So CoinGecko is not an option considering the next point below. +CoinGecko or CoinMarketCap. If anything, it gains Qortal more exposure and credibility. We have been listed on CoinMarketCap as an ‘untracked listing’ since QORT is not listed on any of their approved third-party exchanges. It turns out CoinGecko will only approve projects that are listed on exchanges they approve. So CoinGecko is not an option considering the next point below. 
  
-We have no interest in listing QORT on third-party exchanges: 1) we have our own Trade Portal, 2) listing on exchanges requires depositing coin/releasing custody, and 3) are centralized and totally against the Qortal ethos! These centralized exchanges are exactly why Qortal’s Trade Portal is being developed - to offer true peer-to-peer trading and local wallets without any middleman and nonsense that has historically come with it!+We have no interest in listing QORT on third-party centralized exchanges (CEX): 1) we have our own Trade Portal, 2) listing on exchanges typically requires fees, and 3) totally against the Qortal ethos! The biggest risk factor is working with a CEX’s database and just like your traditional bank, your balance is a virtual credit that you are assuming is able to be cashed out at any time. In other words, users assume the CEX has proof of reserves which historically is not always the case. There’s just too much risk associated with these services so from an ‘official’ stance, our project wont be supporting the idea of listing on CEXs. These centralized exchanges are exactly why Qortal’s Trade Portal is being developed - to offer true peer-to-peer (P2P) trading and local wallets without any middleman and nonsense that has historically come with it! 
 +===== How to buy QORT =====
  
-===== What do we foresee as founders and early adopters? =====+See [[The QORT Coin]] page after reading Utilizing the Trade Portal below. 
  
-A new ecosystem free of any outside control. A censorship-free platform where people can remain anonymous if they choose as we don’t require KYC/AML identity verification. A new Internet where freedom of speech, free trade of information, e-commerce and job markets can thrive! Maybe the world will begin to grow closer than ever before, become a more synchronized and educated bunch, who can demand change and make change in the world like never seen before. If we can regain control over our digital lives and banking, we hold the cards in this new world and corrupt leadership will ultimately fall. This won’t happen overnight but we can surely make change and better contribute to mankind’s success. +===== Utilizing the Trade Portal =====
  
-===== What is QDN and when will Qortal have mesh networking? =====+Qortal’s Trade Portal is truly decentralized. This means there is no centralized vault where you can buy coin directly based on whatever amount you’d like. This means you’ll have to run a node, fully synced (does not require sponsorship or a minting account), to utilize the Trade Portal. You’ll need to buy LTC or other coins we support in Trade Portal (currently DOGE, DGB and RVN), from a third-party exchange such as Coinbase. Then you can transfer that coin to your Qortal wallet address. For example, buy LTC on Coinbase, then send LTC to your Qortal LTC wallet address. Thereafter, you can go to the Trade Portal and buy listed sell orders. Trades are not immediate, as this is a true cross-chain trade and takes a few minutes. You can track the transaction in your wallet section, you can also see the completed transaction in the Exqlorer. See [[Exqlorer.com]] for more info!
  
-QDN stands for the Qortal Data Network. This is our decentralized data hosting solution where anyone can host their website for freestore public data for freeand no longer have any reliance on centralized components. Mesh networking will come later as the Qortal node base grows and the DevTeam is able to allocate time for the mesh network conceptRead more about the [[QORT Data Hosting Model]] and [[Mesh Networking]].+===== How do you setup your account on Qortal? ===== 
 + 
 +See [[Account Setup & Recovery]] wiki page!  
 + 
 +===== BE SURE TO SAVE A BACKUP FILE! ===== 
 + 
 +Qortal is truly decentralized. Thereforeif you lose your keys to your accountthere is NO account recovery. Fear not. All you need to do is download a backup file during the process of creating your account in the UITHIS IS EXTREMELY IMPORTANT! During account creation, you can also select the ‘Advanced User’ option and write down your seed phrase. This can also be used to recover your account. A lot of our community members memorize this seed phrase as well as keep a backup file. See [[Account Recovery & Backup File]] for more info.
  
 ===== What do you need to do to take part? ===== ===== What do you need to do to take part? =====
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 Simply run a node. This means download the core and UI to your existing computer, or build/buy a Raspberry Pi 4 setup. **Be sure to setup and backup your account properly with multiple backup files:** https://wiki.qortal.org/doku.php?id=account_setup_recovery Simply run a node. This means download the core and UI to your existing computer, or build/buy a Raspberry Pi 4 setup. **Be sure to setup and backup your account properly with multiple backup files:** https://wiki.qortal.org/doku.php?id=account_setup_recovery
  
-Qortal is all about community contribution. So how can you contribute? Whether you can help with developing the codebase, creating more exposure on social media, word-of-mouth marketing, creating infographics, or just answering general questions in our chat systems with newcomers, every bit helps! +Qortal is all about community contribution. So how can you contribute? Whether you can help with developing the codebase, creating more exposure on social media, word-of-mouth marketing, creating infographics, or just answering general questions in our chat systems with newcomers, every bit helps! There is no pressure to contribute per se. We are simply community-driven and contribute when we canwhere we can. Everyone finds their way of helping with time.
-===== What are the minimum specs for a computer to be a node? ===== +
- +
-At the present time, the core and UI will run with 2GB of ram or even lessand 1 core even, depending on the type of operating system (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 operating system. 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+
  
 ===== Do you have to be sponsored? ===== ===== Do you have to be sponsored? =====
  
-You do not have to be sponsored to run a node and utilize all of the P2P features within Qortal or navigate the new Internet when it launches. Sponsorship is required to become a minter to earn your portion of the block reward and begin leveling up your account. Your account level will not only be used for your block reward, but also for the Voting System we aim to build. Wherein your account level will give you a weighted influence based on time and contribution. To become sponsored, simply engage the community, study the available content, value what we are building, and try to contribute if and when you can! We are eagerly working to sponsor newcomers and look forward to further growing the network of minters as that means greater decentralization and network stability! Learn more about the minting and sponsorship system on the [[Minting Overview]] and [[Becoming A Minter]] pages. +You do not have to be sponsored to run a node and utilize all of the P2P features within Qortal or navigate the new Internet, including hosting your own site or data! Sponsorship is required to become a minter to earn your portion of the block reward and begin leveling up your account. Your account level will not only be used for your block reward, but also for the Voting System we aim to build. Wherein your account level will give you a weighted influence based on time and contribution. To become sponsored, simply engage the community, study the available content, value what we are building, and try to contribute if and when you can! We are eagerly working to sponsor newcomers and look forward to further growing the network of minters as that means greater decentralization and network stability! Learn more about the minting and sponsorship system on the [[Minting Overview]] and [[Becoming A Minter]] pages.
  
 +===== What are the minimum system requirements for a computer to be a node? =====
 +
 +Minimum specs for running a node:
 +
 +For starters, your system by default will require 25% RAM and ~50gb of storage. Depending on what you intend to do on Qortal, you’ll likely need more than 50gb - such as using the Qortal Data Network and browsing websites. 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. Ideally you’ll have admin access to your router which will allow you to configure port forwarding and setting static IP addresses for your node(s). Yes - you can run more than one computer as a node, this won’t earn you more coin, but will help keep your account synced and minting the maximum available blocks (if you choose to become a Minter - not required to use the rest of the platform - Minting just allows you to earn coin for running your node, level up, sponsor people when you reach level 5, and also take part in the future Voting System). Minting vs non-minting nodes require the same hardware resources fyi.
 ===== Do you have to run a node 24/7? ===== ===== Do you have to run a node 24/7? =====
  
-If you don’t run a node 24/7, you will be faced with having to resync your node each time you do want to run your node. So you don’t HAVE to run a node 24/7, but it is recommended. If you do not wish to keep your existing computer running as a node 24/7, we recommend purchasing a Raspberry Pi 4 setup and building your own node. Or you can purchase one pre-configured from Crowetic.com which is a third-party service provided by co-owners Crowetic and G Factor. These devices, whether you build it yourself or purchase one from Crowetic.com, will provide you with a stand-alone desktop and blockchain node that only uses 5W/5V power which is the same as leaving a phone charging all day! They have custom kernels built specifically for Qortal and are definitely worth considering. +If you don’t run a node 24/7, you will be faced with having to resync your node each time you do want to run your node. So you don’t HAVE to run a node 24/7, but it is recommended. If you do not wish to keep your existing computer running as a node 24/7, we recommend purchasing a Raspberry Pi 4 setup and building your own node. Or you can purchase one pre-configured from Crowetic.com which is a third-party service provided by co-owners Crowetic and G Factor. These devices, whether you build it yourself or purchase one from www.Crowetic.com, will provide you with a stand-alone desktop and blockchain node that only uses 5W/5V power which is the same as leaving a phone charging all day! They have custom kernels built specifically for Qortal and are definitely worth considering. 
  
 **Please note:** You need to command the core to shut down before turning off your computer. Failing to do so can corrupt your database aka db. If you have Linux, Mac or a Raspberry Pi/QORTector you will simply go into your computer terminal and enter two commands:  **Please note:** You need to command the core to shut down before turning off your computer. Failing to do so can corrupt your database aka db. If you have Linux, Mac or a Raspberry Pi/QORTector you will simply go into your computer terminal and enter two commands: 
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 No. If your computer goes to sleep, it will not be running the core. So you’ll want to turn off the sleep setting. No. If your computer goes to sleep, it will not be running the core. So you’ll want to turn off the sleep setting.
 +
 ===== How do you turn your existing computer into a node? ===== ===== How do you turn your existing computer into a node? =====
  
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 Yes. 1) You could run another node for redundancy; if your first node went down for some reason, your second node could keep your account minting. You will NOT earn any additional block rewards for doing so, this is solely for redundancy. 2) You may have someone who lives with you who would like to run a node. It is perfectly fine for both of you to have your own nodes, with your own minting accounts. Yes. 1) You could run another node for redundancy; if your first node went down for some reason, your second node could keep your account minting. You will NOT earn any additional block rewards for doing so, this is solely for redundancy. 2) You may have someone who lives with you who would like to run a node. It is perfectly fine for both of you to have your own nodes, with your own minting accounts.
- 
-===== How do you setup your account on Qortal? ===== 
- 
-See [[Account Setup & Recovery]] wiki page!  
  
 ===== For Crowetic.com customers... ===== ===== For Crowetic.com customers... =====
  
 See [[QORTector Walkthrough]] wiki page for a guide on how to setup your QORTector! See [[QORTector Walkthrough]] wiki page for a guide on how to setup your QORTector!
- 
- 
-===== The DevFund ===== 
- 
- 
-The DevFund is an account managed by @crowetic to send QORT or other coins we support to the DevTeam for their work. You can easily see the DevFund transactions at https://exqlorer.com/address/QWfYVQfuz2rVskYkpkVvLxL3kUPmBgKhHV which will show what addresses have sent coin to the DevFund, and what addresses have been sent coin from the DevFund. Learn more about the exqlorer here [[Exqlorer.com]]. You can also view the transactions by QuickMythril’s spreadsheet, which will update regularly, by selecting ‘DevFund’ in the columns: https://docs.google.com/spreadsheets/d/13CkBGQU-pNEcLiShO9s9ExsTJhTIXRmmjW1jqXSkCNg 
- 
-The DevFund has sold a lot of QORT since launch which we are extremely grateful for! The liquidity has helped us pay devs in LTC and buy equipment for special circumstances. We haven’t had any real funding, we didn’t launch with an ICO or any other non-ethical tactic of raising funds. It has been an extremely challenging journey with such a lack of funding but we have and will continue to prevail! We see it would be best for the DevFund to change direction at this point. That is, to hang onto more QORT as surely it will rise in value here soon? We have data hosting and other development in the works that will surely bring more value and adoption. So really the DevFund should hold more QORT for future value and taking care of devs in future. Selling at such low prices now seems to almost be counterproductive when devs could receive QORT and sell themselves if they really want to. Surely devs should see the future value and want to HODL. Investing in their contributions now for the longer run. 
- 
-===== Utilizing the Trade Portal ===== 
- 
-Qortal’s Trade Portal is truly decentralized. This means there is no centralized vault where you can buy coin directly based on whatever amount you’d like. This means you’ll have to run a node, fully synced (does not require sponsorship or a minting account), to utilize the Trade Portal. You’ll need to buy LTC or other coins we support in Trade Portal (currently DOGE is the only other coin), from a third-party exchange such as Coinbase. Then you can transfer that coin to your Qortal wallet address. For example, buy LTC on Coinbase, then send LTC to your Qortal LTC wallet address. Thereafter, you can go to the Trade Portal and buy listed sell orders. Trades are not immediate, as this is a true cross-chain trade and takes a few minutes. You can track the transaction in your wallet section, you can also see the completed transaction in the Exqlorer. See [[Exqlorer.com]] for more info! 
- 
-===== How free web hosting will work ===== 
- 
-To clarify how the web hosting will work, simply put: UI just relays what the core is doing. Core is just a node on the chain. The individual will host their website on their node for free. Your core will be accessing the other user’s data. Then your UI will be displaying that data.  
- 
-If you want to run a redundant copy of their site, you can do so on your node. The chain stores the hash of the owners data, to ensure ownership to modify. But the data isn’t hosting on-chain. It’s hosted on the owner’s node.  
- 
-Read more on the [[QORT Data Hosting Model]] and [[QORT Data Hosting Updates]] pages. 
  
 ===== What kind of developers do we need? ===== ===== What kind of developers do we need? =====
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 Core is written in Java. UI is written in JavaScript. Have any interested developers join us in Discord or Telegram and we’ll take it from there! Official links: [[Official Links]] Core is written in Java. UI is written in JavaScript. Have any interested developers join us in Discord or Telegram and we’ll take it from there! Official links: [[Official Links]]
  
-===== BE SURE TO SAVE A BACKUP FILE! =====+===== The DevFund =====
  
-Qortal is truly decentralizedTherefore, if you lose your keys to your accountthere is NO account recoveryFear notAll you need to do is download backup file during the process of creating your account in the UITHIS IS EXTREMELY IMPORTANTDuring account creationyou can also select the ‘Advanced User’ option and write down your seedphraseThis can also be used to recover your accountA lot of our community members memorize this seedphrase as well as keep a backup fileSee [[Account Recovery & Backup File]] for more info.+The DevFund is an account managed by @crowetic to send QORT or other coins we support to the DevTeam for their workYou can easily see the DevFund transactions at https://exqlorer.com/address/QWfYVQfuz2rVskYkpkVvLxL3kUPmBgKhHV which will show what addresses have sent coin to the DevFundand what addresses have been sent coin from the DevFundLearn more about the Exqlorer here [[Exqlorer.com]]. 
 + 
 +The DevFund has sold lot of QORT since launch which we are extremely grateful for! The liquidity has helped us pay devs in LTC and buy equipment for special circumstancesWe haven’t had any real funding, we didn’t launch with an ICO or any other non-ethical tactic of raising funds. It has been an extremely challenging journey with such a lack of funding but we have and will continue to prevailWe see it would be best for the DevFund to change direction at this point. That isto hang onto more QORT as surely it will rise in value here soon? We have data hosting and other development in the works that will surely bring more value and adoptionSo really the DevFund should hold more QORT for future value and taking care of devs in future. Selling at such low prices now seems to almost be counterproductive when devs could receive QORT and sell themselves if they really want to. Surely devs should see the future value and want to HODLInvesting in their contributions now for the longer run.
  
 ===== We have 3 chat systems available! ===== ===== We have 3 chat systems available! =====
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 We have Official chat channels on Discord, Telegram, and our blockchain-based Q-Chat! Eventually we would like to permanently get off of Discord and Telegram as we are building our own sovereign solution on Qortal’s blockchain: Q-Chat. We have a lot of plans for Q-Chat, so it is currently underdeveloped but does provide basic chat-based functionality now. Eventually we will have the ability to do video and voice calling, image attachments, and more! See [[Official Links]] for our Discord and Telegram channels.  We have Official chat channels on Discord, Telegram, and our blockchain-based Q-Chat! Eventually we would like to permanently get off of Discord and Telegram as we are building our own sovereign solution on Qortal’s blockchain: Q-Chat. We have a lot of plans for Q-Chat, so it is currently underdeveloped but does provide basic chat-based functionality now. Eventually we will have the ability to do video and voice calling, image attachments, and more! See [[Official Links]] for our Discord and Telegram channels. 
  
 +**Please note:** we have a collage of different personalities from all over the world engaging in our chat systems. We shouldn’t let negativity or differences in opinions steer us off course. Qortal is greater than a heated argument or foul attitudes, and we don’t have to like everyone to take part. Just scroll past!
 ===== The Qortal Wiki ===== ===== The Qortal Wiki =====
  
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 [[Fundamental Principles]] [[Fundamental Principles]]
  
-[[Qortal Credo]]+[[The Qortal Credo]]
  
 [[The QORT Coin]] [[The QORT Coin]]
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 Be sure to check out the help videos on the wiki - expect more of these! Click here: [[Help Videos]] Be sure to check out the help videos on the wiki - expect more of these! Click here: [[Help Videos]]
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qortal_101.1642384119.txt.gz · Last modified: 01/16/2022 20:48 by gfactor