CryptoCurrencies
19104
Exchanges
500
Total Market Cap
4,518,782,384,100
Volume 24h
416,856,818,257
Dominance
BTC 54.32%   ETH 12.03%   BNB 4.04%   USDT 3.94%

Quai Network
QUAI

0.04785
$
3.97 %
Change 24h
Market Cap
$ 29,417,335
Volume 24h
$ 513,813
Circulating Supply
616,913,694
QUAI
$
# Exchange Pair Price Volume 24h

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.