Qortal Project

The future of blockchain platforms

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the_qort_coin [11/23/2022 08:28] – [Obtaining QORT] gfactorthe_qort_coin [04/27/2023 18:14] – gfactor
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 Qortal has its very own coin called QORT which powers on-chain functionality and can be used as a digital currency just as Bitcoin is a decentralized digital currency, without an intermediary like a bank. There is no intention of listing QORT on other exchanges as Qortal has its own exchange and more importantly, is meant to be used on-chain. Qortal has its very own coin called QORT which powers on-chain functionality and can be used as a digital currency just as Bitcoin is a decentralized digital currency, without an intermediary like a bank. There is no intention of listing QORT on other exchanges as Qortal has its own exchange and more importantly, is meant to be used on-chain.
  
-Qortal aims to create an alternative infrastructure for a new Internet where among many other aspects, an especially important feature will be the ability for e-commerce services to host their sites on-chain and have the ability to accept QORT as a form of payment just as they will be able to with other cryptocurrencies we support. We will also create a jobs market board that can utilize QORT and the coins we support.+Qortal aims to create an alternative infrastructure for a new Internet where among many other aspects, an especially important feature will be the ability for e-commerce services to host their sites and apps within the Qortal Network. These services will have the ability to accept QORT as a form of payment just as they will be able to with other cryptocurrencies we support. We will also create a jobs market board that can utilize QORT and the coins we support. All of this provides UTILITY for QORT on our very own platform! Take a moment to consider: a blockchain where its coin is designed to be used on its platform! Qortal has a roadmap that is much more than another cryptocurrency and ledger (bigger than crypto). 
  
 QORT is used as the base pair for the Trade Portal with cross-chain trades. For example, for a BTC-LTC trade, the trade will actually be BTC-QORT-LTC. QORT can only be obtained by conducting a true cross-chain P2P trade within the Qortal Trade Portal. As everything we are building is 100% decentralized on-chain which means there is no vault like there are on centralized exchanges where you can immediately convert fiat or crypto. This means to conduct a true P2P trade, you will need to run your own node, send LTC to your Qortal LTC wallet, then buy a listed sell order within the on-chain Trade Portal.  QORT is used as the base pair for the Trade Portal with cross-chain trades. For example, for a BTC-LTC trade, the trade will actually be BTC-QORT-LTC. QORT can only be obtained by conducting a true cross-chain P2P trade within the Qortal Trade Portal. As everything we are building is 100% decentralized on-chain which means there is no vault like there are on centralized exchanges where you can immediately convert fiat or crypto. This means to conduct a true P2P trade, you will need to run your own node, send LTC to your Qortal LTC wallet, then buy a listed sell order within the on-chain Trade Portal. 
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 Did you know? You can list an order at any exchange rate as you see fit! You can also buy any sell order on the list as you see fit. This is what we mean by no sell walls or buy walls in the Trade Portal. These 'walls' would be large sell orders or a large number of sell orders at the same rates to set up a wall-like block of entries in the order book. These are historic crypto games and manipulative tactics that Qortal is not prone to.  Did you know? You can list an order at any exchange rate as you see fit! You can also buy any sell order on the list as you see fit. This is what we mean by no sell walls or buy walls in the Trade Portal. These 'walls' would be large sell orders or a large number of sell orders at the same rates to set up a wall-like block of entries in the order book. These are historic crypto games and manipulative tactics that Qortal is not prone to. 
  
-==== Future Features ====+==== Recent Features ====
  
-Qortal is a massive work in progress. Part of the roadmap for the Qortal UI includes a built-in block exqlorer (for visualizing blockchain network metrics) as well as price charts! Stay tuned!+Qortal is a massive work in progress. Part of the roadmap for the Qortal UI includes a built-in block exqlorer (for visualizing blockchain network metrics) as well as price charts! We've also implemented the Auto Buy tool which allows you to automatically buy a series of QORT sell orders. Rather than having to manually select and execute each trade, which can take time to complete, Auto Buy lets you specify the total amount of QORT, and the HIGHEST PRICE you would like to pay in the 'foreign coin'. Then the foreign coin AMOUNT is set automatically based on those two things.More is on the way, stay tuned!
the_qort_coin.txt · Last modified: 04/27/2023 18:16 by gfactor

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