Quai Network
QUAI

0.1122
$
26.76 %
Change 24h
Market Cap
$ 54,814,700
Volume 24h
$ 1,084,390
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.