Qortal Project

The future of blockchain platforms

User Tools

Site Tools

Trace:
qortal_in_a_nutshell

Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Both sides previous revisionPrevious revision
Next revision		Previous revision
Next revisionBoth sides next revision
qortal_in_a_nutshell [12/01/2021 20:35] – [A Deeper Dive Into Qortal] gfactorqortal_in_a_nutshell [01/29/2022 22:35] – gfactor
Line 5: Line 5:
 ===== A Quick Overview of Qortal ===== ===== A Quick Overview of Qortal =====
  
-The Qortal Project will provide a viable solution to the infringement of our digital lives. Our communications are being monitored, free speech censored, and social media accounts sanctioned or permanently banned unfairly. The blockchain space is riddled with problems such as: 1) Bitcoin and other blockchains have become centralized, 2) projects claiming to be decentralized are usually not, 3) centralized exchanges have historically lost coin holder’s assets and not reimbursed the account holder, and 4) scam projects run rampant. We believe in restoring balance to the people of the world. We envision a platform that provides infrastructure for a new system. One that cannot be hacked or compromised, as it is truly decentralized and self-empowering.+The Qortal Project will provide a viable solution to the infringement of our digital lives. Our data and communications are being monitored, free speech censored, social media accounts sanctioned or permanently banned unfairly, and so much more. The blockchain space is riddled with problems such as: 1) Bitcoin and other blockchains have become centralized, 2) projects claiming to be decentralized are usually not, 3) centralized exchanges have historically lost coin holder’s assets and not reimbursed the account holder, and 4) scam projects run rampant. We believe in restoring balance to the people of the world. We envision a platform that provides infrastructure for a new system. One that cannot be hacked or compromised, as it is truly decentralized and self-empowering.
  
 Qortal aims to provide an unhackable censorship-free platform for a new Internet and systems to be built securely. This technology can provide the world with the freedom we deserve with non-fiat banking, payment transactions, speech, information trade, communication privacy, and more: Qortal aims to provide an unhackable censorship-free platform for a new Internet and systems to be built securely. This technology can provide the world with the freedom we deserve with non-fiat banking, payment transactions, speech, information trade, communication privacy, and more:
Line 19: Line 19:
 The Qortal dev team does not have any control over accounts, balances, censorship, etc. It is up to individuals to engage in the new system responsibly and admins to manage their sub-communities without oversight. Qortal does not have any intellectual property or centralized properties for legal responsibility. No government or powers that be can do anything about it other than shut down the entire Internet and ISP backbone. Even then, we have plans to implement a mesh network and satellite bridge ISP alternative to remove the need for existing internet service provider (ISP) and the entire network can be run on devices as low powered as 5w5v (as much as a phone charger) so can easily be run on a solar panel. With this new sovereignty worldwide, the world can grow together like never before and unify. This is the beauty of what can come from true decentralization utilizing blockchain technology. The Qortal dev team does not have any control over accounts, balances, censorship, etc. It is up to individuals to engage in the new system responsibly and admins to manage their sub-communities without oversight. Qortal does not have any intellectual property or centralized properties for legal responsibility. No government or powers that be can do anything about it other than shut down the entire Internet and ISP backbone. Even then, we have plans to implement a mesh network and satellite bridge ISP alternative to remove the need for existing internet service provider (ISP) and the entire network can be run on devices as low powered as 5w5v (as much as a phone charger) so can easily be run on a solar panel. With this new sovereignty worldwide, the world can grow together like never before and unify. This is the beauty of what can come from true decentralization utilizing blockchain technology.
  
-So who controls the codebase of this ambitious project and are there any vulnerabilities? Qortal has a ‘dev team’ who are elected developers in charge of updating the codebase. This is the only ‘centralized’ aspect, but a necessary control over the code to maintain its integrity. Anyone can join the dev team with time and contribution, as nothing within Qortal can be bought out such as account levels and admin privileges. The dev team requires a group approval (with an on-chain transaction) of 60% in order to issue an auto-update on the core. This means that an individual dev team member is not capable of going rogue and sabotaging the chain. As time goes on, more devs are added to the team and the group becomes more decentralized, so-to-speak. Most of these individuals, who are located in various parts of the world, prefer to remain anonymous and this is extremely strategic as it ensures the codebase could never be overthrown - even if those whose identities are found were kidnapped and ‘forced’ to corrupt the chain, it simply isn’t possible without the 60% approval.+So who controls the codebase of this ambitious project and are there any vulnerabilities? Qortal has a ‘DevTeam’ with 'DevTeam Admins' who are elected developers in charge of updating the codebase. This is the only ‘centralized’ aspect, but a necessary control over the code to maintain its integrity. Anyone can join the DevTeam and become a DevTeam Admin with time and contribution, as nothing within Qortal can be bought out such as account levels and admin privileges. The DevTeam Admins require a group approval (with an on-chain transaction) of 60% in order to issue an auto-update on the core. This means that an individual DevTeam Admin is not capable of going rogue and sabotaging the chain. As time goes on, more devs are added to the admin team and the group becomes more decentralized, so-to-speak. Most of these individuals, who are located in various parts of the world, prefer to remain anonymous and this is extremely strategic as it ensures the codebase could never be overthrown - even if those whose identities are found were kidnapped and ‘forced’ to corrupt the chain, it simply isn’t possible without the 60% approval.
  
 We are only one year into launch and have a lot to work towards, but all of this can and will be done thanks to the strong community we’ve built and continue to grow. We’ve done all of this with hardly any funding and developers! The codebase is open source for both the blockchain and the Raspberry Pi hardware which can operate as a stand-alone desktop and blockchain node. Crowetic Hardware Development (CHD) is a new company that three of the Qortal founders formed to sell these devices to those who wish to simply plug-n-play or want to support the team as CHD will profit share with the Qortal dev team (www.Crowetic.com). For those more technically inclined, they can buy the hardware themselves and follow the help files on the wiki as well as seek tech support in Telegram, Discord or our very own blockchain-based Q-chat to build their own device. We are only one year into launch and have a lot to work towards, but all of this can and will be done thanks to the strong community we’ve built and continue to grow. We’ve done all of this with hardly any funding and developers! The codebase is open source for both the blockchain and the Raspberry Pi hardware which can operate as a stand-alone desktop and blockchain node. Crowetic Hardware Development (CHD) is a new company that three of the Qortal founders formed to sell these devices to those who wish to simply plug-n-play or want to support the team as CHD will profit share with the Qortal dev team (www.Crowetic.com). For those more technically inclined, they can buy the hardware themselves and follow the help files on the wiki as well as seek tech support in Telegram, Discord or our very own blockchain-based Q-chat to build their own device.
qortal_in_a_nutshell.txt · Last modified: 03/28/2023 11:30 by gfactor

Page Tools