What is Quai Network?
Symbol: QUAI · Market cap rank: #869
Short answer
Quai Network (QUAI) is a cryptocurrency currently ranked #869 by market capitalisation. It is classified as Layer 1 (L1), Proof of Work (PoW), Privacy Blockch.
Source: isthiscoinascam.com
Overview
Quai Network is a merge-mined network of blockchains designed to coordinate an infinite number of execution shards. It uses the Proof-of-Entropy-Minima (PoEM) consensus mechanism to reduce consensus-based contention.
The network is described as a composable multithreaded execution environment, with blocks produced approximately every 1.1 seconds. It is stated that this architecture can process more than 50,000 transactions per second.
Launched: 2025
Headquarters: United States
Scam-risk analysis
Quai Network has a moderate score — some risk signals were raised but no critical concerns. Is Quai Network a scam?
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