Qortal Project

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qortal_in_a_nutshell

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qortal_in_a_nutshell [02/04/2022 01:49]
gfactor
qortal_in_a_nutshell [05/11/2022 20:13] (current)
quickmythril [A Deeper Dive Into Qortal] - added info for new coins
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 Phase 1 of our plan was to launch a stable base network, with an immutable ledger, account leveling, sponsorship system, and local wallets. This was quite a hurdle to overcome but we can proudly say that we have succeeded in this objective. Although with that said, as we build this infrastructure from scratch and new features are released, we still have our hoops and hurdles. We have identified areas of improvement, made changes, and foresee further modifications as needed. With limited dev time and resources, prioritizing and completing the workload has been challenging.  Phase 1 of our plan was to launch a stable base network, with an immutable ledger, account leveling, sponsorship system, and local wallets. This was quite a hurdle to overcome but we can proudly say that we have succeeded in this objective. Although with that said, as we build this infrastructure from scratch and new features are released, we still have our hoops and hurdles. We have identified areas of improvement, made changes, and foresee further modifications as needed. With limited dev time and resources, prioritizing and completing the workload has been challenging. 
  
-During Phase 2, we launched the Trade Portal for peer-to-peer (P2P) trading. BTC was the first coin we had supported in the Trade Portal but was realized to be too slow and costly for the time being, so BTC trading is not live at this time (but will be in the near future). Local wallets currently support QORT, BTC, LTC, and DOGE. The Trade Portal currently supports trading of LTC and DOGE. The idea is to provide a gateway of obtaining QORT, and eventually we can circle back to adding more coins. We prioritized Phase 3 for building the new Internet, which we will cover shortly. If there’s anywhere folks should be safely storing their precious coin, it’s within Qortal as only the account holder has control over their keys and their coin cannot be compromised within the system. Q-Chat is also live: a blockchain-based messaging system that still needs a lot of work but currently provides true P2P encrypted messaging. Group messaging is live within Q-Chat but currently does not provide encryption (coming soon). The Voting System has been postponed to focus on other critical areas, but is expected to be implemented during Phase 3. Thereafter, the community will help decide which coins to add to the Trade Portal and local wallets.+During Phase 2, we launched the Trade Portal for peer-to-peer (P2P) trading. BTC was the first coin we had supported in the Trade Portal but was realized to be too slow and costly for the time being, so BTC trading is not live at this time (but will be in the near future). Local wallets currently support QORT, BTC, LTC, DOGE, DGB, and RVN. The Trade Portal currently supports trading of LTCDOGE, DGB, and RVN. The idea is to provide a gateway of obtaining QORT, and eventually we can circle back to adding more coins. We prioritized Phase 3 for building the new Internet, which we will cover shortly. If there’s anywhere folks should be safely storing their precious coin, it’s within Qortal as only the account holder has control over their keys and their coin cannot be compromised within the system. Q-Chat is also live: a blockchain-based messaging system that still needs a lot of work but currently provides true P2P encrypted messaging. Group messaging is live within Q-Chat but currently does not provide encryption (coming soon). The Voting System has been postponed to focus on other critical areas, but is expected to be implemented during Phase 3. Thereafter, the community will help decide which coins to add to the Trade Portal and local wallets.
  
 Phase 3 has begun! Core version 3.0+ includes the data hosting which creates the opportunity for a new Internet with free web hosting and public data storage. Websites and data can be found within the Qortal UI as with all of the other plugins. Data hosting will allow eventually allow Q-Chat to have messages that stay on-chain longer than the 24 hour period they do now, including the ability to send pictures, videos and GIFs. Phase 3 will create the stepping stone we seek towards a new Internet where e-commerce and job markets can thrive as well as unhindered freedom of speech and trade of information.  Phase 3 has begun! Core version 3.0+ includes the data hosting which creates the opportunity for a new Internet with free web hosting and public data storage. Websites and data can be found within the Qortal UI as with all of the other plugins. Data hosting will allow eventually allow Q-Chat to have messages that stay on-chain longer than the 24 hour period they do now, including the ability to send pictures, videos and GIFs. Phase 3 will create the stepping stone we seek towards a new Internet where e-commerce and job markets can thrive as well as unhindered freedom of speech and trade of information. 
qortal_in_a_nutshell.txt · Last modified: 05/11/2022 20:13 by quickmythril