Quai Network emerges as a groundbreaking blockchain solution offering improved scalability without compromising security.
The Foundation and Background
Quai Network began its journey in 2019, spearheaded by developers like Alan Orwick and Jonathan Downing. The project has attracted significant funding, including $15 million from venture capital firms.
Technological Innovations of Quai Network
Quai Network's architecture features a hierarchical structure with Prime, Region, and Zone levels. The innovative PoEM consensus mechanism enables processing over 50,000 transactions per second while maintaining low fees.
Economic Model of Quai Network
Quai Network has introduced a sophisticated dual-token economic model. The QUAI token serves as the primary utility token, while the QI token represents an energy-backed stable currency.
Quai Network represents a significant evolution in blockchain technology, offering a unique combination of scalability, security, and economic innovation.
