CryptoCurrencies
19407
Exchanges
500
Total Market Cap
3,113,286,421,422
Volume 24h
339,366,651,650
Dominance
BTC 53.92%   ETH 10.61%   USDT 5.93%   XRP 3.71%

Quai Network
QUAI

0.01970
$
6.16 %
Change 24h
Market Cap
$ 12,833,803
Volume 24h
$ 177,557
Circulating Supply
651,490,423
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.