QUAI

Quai Network

Layer 1PrivacyProof of work

Price
$0.00638
24h
−0.5%
7d
−15.3%
Market cap
$7.4M
24h volume
$103.6K
Report

Quai Network (QUAI) is a smart-contract platform and layer-1 chain. 1.2B are in circulation, with no maximum. It ranks 1454th by market capitalisation among the coins tracked here. The project publishes its website, whitepaper, source and explorer.

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.

Quai Network's own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
1.2B
Total supply
1.2B
Max supply
No cap

Supply as of 2h ago

Official links

We have not checked these links yet.