CryptoCurrencies
17653
Exchanges
500
Total Market Cap
3,953,473,926,452
Volume 24h
363,798,782,316
Dominance
BTC 60.37%   ETH 9.15%   XRP 4.34%   USDT 4.04%

Quai Network
QUAI

0.05362
$
3.33 %
Change 24h
Market Cap
$ 26,934,467
Volume 24h
$ 512,159
Circulating Supply
502,075,997
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.