Name : Quai Network (QUAI)
QUAI Price : $0.097 -7.62%
Consensus Mechanism : Proof of Entropy Minima
Volume: 7,118,886
Shariah Judgement
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Last Screening: Q1 2025
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No recent news available for Quai Network.
Overview
Quai Network is an innovative blockchain ecosystem that integrates multiple EVM-compatible blockchains to deliver unmatched scalability, achieving over 50,000 transactions per second (TPS) without sacrificing decentralization. Utilizing a unique Proof-of-Work (PoW) consensus mechanism known as Proof-of-Entropy-Minima (PoEM), Quai Network eliminates block contention and enables ultra-fast finality. At the core of its ecosystem is $Qi, the world's first decentralized energy dollar, designed to provide a stable, predictable value tied to real-world energy costs without relying on asset-backed reserves. Unlike traditional stablecoins, $Qi's value is driven purely by market incentives, ensuring a dynamic yet stable financial system. Quai Network also introduces advanced features such as MEV-resistant transaction ordering, merged mining across multiple chains, and a multithreaded blockchain execution environment, ensuring robust security, seamless interoperability, and fair transaction processing. Additionally, Quai employs state-sharding without compromising security, allowing the network to scale efficiently while maintaining decentralized integrity. With ultra-low transaction fees, consistently under a penny, Quai Network offers a cost-effective, resilient, and censorship-resistant solution for DeFi applications, decentralized infrastructure, and digital commerce. Through its groundbreaking technology, Quai Network aims to redefine global finance by merging blockchain with energy, creating a transparent, secure, and fair financial system for all.
Whitepaper & Documents
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