CryptoCurrencies
17877
Exchanges
500
Total Market Cap
3,946,220,732,818
Volume 24h
147,177,056,899
Dominance
BTC 57.68%   ETH 10.75%   XRP 4.44%   USDT 4.15%

Quai Network
QUAI

0.05031
$
0.17 %
Change 24h
Market Cap
$ 26,979,078
Volume 24h
$ 358,086
Circulating Supply
536,304,460
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.