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+# Joystream Runtime
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+
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+The runtime is the code that defines the consensus rules of the Joystream protocol.
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+It is compiled to WASM and lives on chain. Joystream [full nodes](https://github.com/Joystream/substrate-node-joystream) execute the logic of the runtime to validate transactions and blocks on the Joystream blockchain.
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+
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+The joystream runtime builds on the substrate runtime library (srml) and adds additional functionality:
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+
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+Council elections
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+User membership system
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+Runtime Upgrade proposal system
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+Staked Roles
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+ Storage Provider
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+
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+### Prerequisites
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+
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+To compile the runtime you will need some tools such as: Rust, llvm and openssl. You can install most of the dependencies with:
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+
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+```bash
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+curl https://getsubstrate.io -sSf | bash
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+```
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+
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+## Getting Started - Building the WASM runtime
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+
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+```bash
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+git clone https://github.com/Joystream/substrate-runtime-joystream
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+cd substrate-runtime-joystream/
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+./setup.sh
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+./build.sh
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+```
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+
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+This produces the WASM "blob" output in:
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+
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+`wasm/target/wasm32-unknown-unknown/release/joystream_node_runtime_wasm.compact.wasm`
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+
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+See deployment for notes on how to deploy this runtime on a live system.
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+
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+## Deployment
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+
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+Deploying the compiled runtime on a live system can be done in one of two ways:
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+
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+1. Joystream runtime upgrade proposals which will be voted on by the council. When joystream platform is live, this will be the only way to upgrade the chain's runtime code.
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+
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+2. During development and testnet phases, we can send an extrinsic (transaction signed with the sudo key) invoking `conesnsus::setCode()`. This can be done either from the UI/extrinsics app, or direc with a script.
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+
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+## Running the tests
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+
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+```bash
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+cargo test
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+```
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+
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+### Coding style
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+
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+We use `rustfmt` to format the source code for consistency.
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+
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+[rustfmt](https://github.com/rust-lang/rustfmt) can be installed with rustup:
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+
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+```
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+rustup component add rustfmt
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+```
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+
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+Running rustfmt can be applied to all source files recursing subfolders:
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+
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+```
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+rustfmt src/*.*
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+```
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+
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+## Built With
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+
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+* [Substrate](https://github.com/paritytech/substrate)
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+
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+## Contributing
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+
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+Please read [CONTRIBUTING.md](https://gist.github.com/PurpleBooth/b24679402957c63ec426) for details on our code of conduct, and the process for submitting pull requests to us.
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+
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+## Versioning
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+
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+Versioning of the runtime is set in `src/lib.rs`
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+For detailed information about how to set correct version numbers when developing a new runtime, [see this](https://github.com/paritytech/substrate/blob/master/core/sr-version/src/lib.rs#L60)
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+
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+
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+## Authors
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+
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+See also the list of [contributors](./CONTRIBUTORS) who participated in this project.
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+
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+## License
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+
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+This project is licensed under the GPLv3 License - see the [LICENSE](LICENSE) file for details
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+
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+## Acknowledgments
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+
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+* Thanks to the whole Parity Tech team for making substrate and helping on riot chat with tips, suggestions, tutorials and answering all our questions during development.
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+
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Mokhtar Naamani