Qortal Project

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qortal_101 [02/10/2023 13:06] – [What are we planning to build with Qortal exactly?] gfactorqortal_101 [03/27/2023 19:30] (current) – [Listing QORT on Third-Party Sites or Exchanges] gfactor
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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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 ===== What are the minimum system requirements 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+ (11.0.2+ 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_101.1676052364.txt.gz · Last modified: 02/10/2023 13:06 by gfactor