Quai Network

QUAI#613

Smart Contract PlatformLayer 1 (L1)Proof of Work (PoW)+4 more

$0.03

-4.26% 24h-4.68% 7d

Price

Extremes$0.02

$0.36

Market Data

Day

Open$0.03

High$0.03

Low$0.03

Market

Vol 24h$410.56K

Mkt Cap$27.01M

FDV$33.93M

Supply

Circ.782.48M QUAI

Total982.72M QUAI

Max∞

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.

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