CryptoCurrencies
18267
Exchanges
500
Total Market Cap
4,270,934,676,697
Volume 24h
181,642,092,630
Dominance
BTC 53.62%   ETH 13.47%   XRP 4.25%   USDT 3.91%

Quai Network
QUAI

0.04106
$
1.73 %
Change 24h
Market Cap
$ 22,283,599
Volume 24h
$ 323,102
Circulating Supply
542,766,581
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.