Quai Network
Quai Network company profile showing information on team members, funding, and platform features.
qu.aiFounded 2019
About
Quai Network is a new Layer 1 blockchain built to balance scalability, security, and decentralization at the same time. It is designed to support a global digital money system for both humans and AI-based economies. Unlike traditional blockchains, Quai uses Proof-of-Work (PoW) along with advanced sharding. It also introduces a consensus system called Proof-of-Entropy-Minima (PoEM) to achieve high speed and low transaction fees. Key Features of Quai Network: • • The sharding system allows parallel processing, low congestion, and smooth cross-chain communication. • Maintains strong security through proof-of-work for decentralization and network safety. • The dual-token model separates use cases: QUAI for DeFi and QI for transactions and payments. • Designed for Web3, DeFi, and AI-powered economies at a global level.
Team (1)
Funding
- Venture RoundCogitent Ventures50,00,00029 Aug 2024
- Seed Roundpolychain capital80,00,00024 Mar 2022
FAQs
- Quai Network is a Layer 1 blockchain that uses Proof-of-Work and sharding to deliver fast, secure, and low-cost transactions worldwide.