CryptoCurrencies
1000
 Total Market Cap
6,057,869,684
 Volume 24h
1,021,322,480
 Dominance
TEL 7.03%   WETH 5.85%   RLUSD 4.85%   EBTC 4.38%

Quai Network
QUAI

0.07511
$
0.50 %
Change 24h
Market Cap
$ 36,597,500
Volume 24h
$ 2,188,670
Circulating Supply
487,304,000
QUAI
$
Description
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.