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Quai Network
Quai Network company profile showing information on team members, funding, and platform features.
Last updated 5 months ago
Company Info
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:
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- 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.
- The sharding system allows parallel processing, low congestion, and smooth cross-chain communication.
FAQs
Company Details
Launch Date
Jan-2019
Total Employees
- + 9
Alan Orwick, Dr Karl Kreder, Jonathan Downing and 9 Others
Contact Details
Austin, Texas, United States
Social Media
Primary Category
Board Members and Advisors
Shreekara Shashtry
Founding Protocol Engineer
Matthew Poletiek
Developer Relations and Marketing & Community
Veronika Sitnova
Marketing & Community
Christopher Walsh
Business Development
All Members
Alan Orwick
Co-founder
Dr Karl Kreder
Co-founder
Jonathan Downing
Co-founder
Professor Sriram Vishwanat...
Co-founder
Yanni Georghiades
Co-founder
Cesare Fracassi
Advisor
Norm Levy
Advisor
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# | Investors | Funding Date | Funding Round | Fund Raised |
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