CryptoCurrencies
18809
Exchanges
500
Total Market Cap
4,421,742,606,675
Volume 24h
355,933,155,556
Dominance
BTC 53.07%   ETH 12.68%   XRP 4.20%   USDT 3.87%

Quai Network
QUAI

0.03948
$
7.25 %
Change 24h
Market Cap
$ 22,994,957
Volume 24h
$ 325,950
Circulating Supply
582,434,962
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.