CryptoCurrencies
18732
Exchanges
500
Total Market Cap
4,394,240,904,497
Volume 24h
286,643,080,596
Dominance
BTC 52.64%   ETH 12.97%   XRP 4.30%   USDT 3.87%

Quai Network
QUAI

0.03736
$
1.29 %
Change 24h
Market Cap
$ 21,731,774
Volume 24h
$ 234,531
Circulating Supply
581,722,792
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.