CryptoCurrencies
16957
Exchanges
500
Total Market Cap
3,391,618,137,745
Volume 24h
213,637,871,674
Dominance
BTC 60.16%   ETH 7.89%   USDT 4.41%   XRP 3.96%

Quai Network
QUAI

0.05488
$
8.77 %
Change 24h
Market Cap
$ 26,752,073
Volume 24h
$ 899,815
Circulating Supply
487,303,806
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.