Qortal Project

The future of blockchain platforms

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qortal_101 [02/16/2022 22:37] 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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   *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? ===== ===== What do we foresee as founders and early adopters? =====
  
-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. +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? ===== ===== What is Minting? =====
  
-Learn more here about minting and the sponsorship process: [[Minting Overview]]+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? ===== ===== What is QDN and when will Qortal have mesh networking? =====
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 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.  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 mostly 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 (P2P) 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 ===== ===== How to buy QORT =====
  
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 ===== Utilizing the Trade Portal ===== ===== 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!+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!
  
 ===== How do you setup your account on Qortal? ===== ===== How do you setup your account on Qortal? =====
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 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. 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 specs for a computer to be a node? =====+===== What are the minimum system requirements for a computer to be a node? =====
  
-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+ (11.02+ preferred) will run the Qortal core.+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? =====
  
qortal_101.1645069075.txt.gz · Last modified: 02/16/2022 22:37 by gfactor