Quai Network

quai

$0.04+ 17.19%24h

Market Cap (USD)

$39,980,353.00

Circulating Supply

945,377,288

Homepage

https://qu.ai

About Quai Network

Quai is a merge-mined network of blockchains. This network is able to coordinate an infinite number of blockchains (execution shards) by using the Proof-of-Entropy-Minima (PoEM) consensus mechanism, which eliminates all consensus-based contention. The ability for PoEM to coordinate a perpetually growing set of blockchains allows the network to process more than 50,000 transactions per second. The architecture is a composable multithreaded execution environment with blocks being produced approximately every 1.1 seconds.