Quai NetworkPrice

(QUAI)

The Quai Network Mainnet launched around January 29, 2025, with the Token Generation Event (TGE) in early February 2025. Users can acquire $QUAI tokens on various centralized and decentralized digital asset exchanges shortly after the TGE. For participants in the Golden Age or Iron Age Testnets, checking airdrop eligibility requires visiting the official airdrop checker released by Quai Network to verify their allocations based on their testnet contributions.

PoEM is Quai Network's innovative consensus mechanism, designed to achieve "instant finality" and eliminate block contention across its many parallel chains. Unlike traditional Proof-of-Work or Proof-of-Stake systems, PoEM allows multiple chains to maintain perpetual consensus simultaneously, significantly enhancing throughput and scalability. This foundational innovation enables Quai's high transaction processing capabilities while preserving decentralization and security within its hierarchical sharding architecture, setting it apart by facilitating constant agreement across its vast network.

QUAI is the network's primary programmable token, serving as the gas token for transactions and smart contract execution, and also as a store of value. In contrast, QI is an "energy-pegged" stablecoin alternative. Its value is linked to the cost of mining energy, designed to provide a stable medium for everyday payments independent of fiat currency fluctuations. This dual-token model distinctly separates transactional utility from speculative value, offering specific functionalities for different use cases within the Quai ecosystem.

Yes, Quai Network is designed to be GPU-friendly, allowing individuals to mine using consumer-grade GPUs, unlike networks that require specialized ASICs. This approach aims to foster broader participation and enhance network decentralization. Miners typically need a GPU with a minimum of 4GB VRAM. This accessibility makes Quai an attractive option for those looking to participate in securing and earning from a blockchain network without requiring significant investment in highly specialized or proprietary hardware.

Quai Network's multi-chain architecture requires specialized wallet support. The Pelagus Wallet, its native browser extension, is the primary recommended solution for interacting with the network. Koala Wallet also offers support. While Quai Network is EVM-compatible, widely used wallets like MetaMask do not natively support its complex multi-chain structure without manual custom RPC configurations for each individual chain. Therefore, users are generally advised to utilize Pelagus or other dedicated wallets for the most seamless and integrated experience within the Quai ecosystem.

Quai Network achieves its impressive transaction throughput primarily through its innovative hierarchical sharding architecture. Instead of processing transactions sequentially on a single chain, Quai utilizes a structured hierarchy comprising Prime, Region, and Zone chains. These multiple chains process transactions in parallel, allowing for a significant increase in the total number of operations handled concurrently across the network. This parallel processing capability, combined with its unique Proof-of-Entropy-Minima (PoEM) consensus, enables Quai to scale dramatically beyond the limitations inherent in single-chain blockchain designs.