Qortal is a decentralized network that runs on the Internet but uses shared resources that have been dedicated for use by those who use it. This means that all of the computers used to run the network are shared by many users and not owned by a few organizations.

What Decentralized Means

This is different from what is most common on the Web today. Web sites are usually hosted on central host systems or applications like Facebook of Google. They use a “client/server model” which means that one entity supplies services and others only use them. Stores are run on computers owned by Amazon or Walmart. As a result, your content gets stored on their property. They can choose what you put there, how long, and for what purpose.

Qortal distributes the “servers” part of the system and gives it back to the “clients”. Each computer can be a server too and share the server load of the Internet so that no central entity has all the fun.

The goal is to continue the work that the Internet began by decentralizing systems it runs on too. You can participate right away by setting up an account on the Qortal system.

Decentralized Finance

When it comes to finance, this is very powerful because you have a way to move your cash out of an organization’s control and keep that control for yourself. If you want to have some of your cash outside of the control of financial institutions and companies, you can use a network like Qortal and do it securely.

Troy Taft Company has provided access to a 100% gold backed token (digital coin) on Qortal called GBQ (Gold Based Qoin). When you get you wallet set up on Qortal, you can learn how to save some of your cash as digital gold using GBQ.

Getting Set Up

You don’t have to share your computer to start learning how it works. You can start by using one of the system’s shared nodes by visiting one of the websites below to install a wallet on your device.

Qortal uses blockchain technology to secure and distribute data across those shared resources. This provides a secure encrypted foundation. When you go to the link below, you first create an “account” but that account is just on your own device. No one else will have access to that account but you, so it’s important that you make a couple copies of your password and consider writing down the (very long) pass phrase. This is because you are creating a digital wallet on your device and just like a physical wallet, you can lose it and the way you lose a digital wallet is by forgetting your password.

I encourage you to try Qortal for yourself. You will be using the Internet in a new way, without servers and without “borrowing” the resources of companies or expecting them to safely store your data.