CryptoCurrencies
17625
Exchanges
500
Total Market Cap
4,166,052,724,622
Volume 24h
470,723,658,898
Dominance
BTC 57.35%   ETH 10.57%   XRP 5.01%   USDT 3.85%

Quai Network
QUAI

0.05221
$
2.44 %
Change 24h
Market Cap
$ 26,424,284
Volume 24h
$ 527,641
Circulating Supply
502,764,940
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.