CryptoCurrencies
17592
Exchanges
500
Total Market Cap
3,896,723,345,722
Volume 24h
315,328,788,955
Dominance
BTC 60.25%   ETH 9.20%   XRP 4.26%   USDT 4.09%

Quai Network
QUAI

0.05478
$
3.80 %
Change 24h
Market Cap
$ 27,480,706
Volume 24h
$ 854,360
Circulating Supply
501,648,912
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.