Quai Network quai
Rank #643$0.0301
+4.30% (24h)
+4.30%
24h
+14.39%
7d
-27.91%
30d
Price Chart
Market Stats
Market Cap
$29.54M
24h Volume
$304,927
Circulating Supply
980,073,881
Total Supply
980,073,881
All-Time High
$0.3634
All-Time Low
$0.0183
About Quai Network
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.
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