Korben.eth🛸 (@korbenmining5) 's Twitter Profile
Korben.eth🛸

@korbenmining5

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calendar_today08-05-2023 09:15:47

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Quai Network ⚡️💵 (@quainetwork) 's Twitter Profile Photo

Quai Network is a new Layer 1 offering: ⚡50,000+ TPS ⛓️Infinite execution sharding ⛏️Merged mining ⏳Faster finality 🧑‍💻EVM compatibility Learn more about Quai's design and capabilities in the Quai docs👇 buff.ly/3ZrDHVE

Quai Network ⚡️💵 (@quainetwork) 's Twitter Profile Photo

Ever wondered how to #MineQuai? Learn about the hashing algorithm used for mining, and even browse a step-by-step tutorial on how to set up a Quai miner in the Quai Docs. Make sure you're ready to hash when the Iron Age starts! ⛏️ buff.ly/45B4SBP

Ever wondered how to #MineQuai?

Learn about the hashing algorithm used for mining, and even browse a step-by-step tutorial on how to set up a Quai miner in the Quai Docs.

Make sure you're ready to hash when the Iron Age starts! ⛏️

buff.ly/45B4SBP
Quai Network ⚡️💵 (@quainetwork) 's Twitter Profile Photo

If internet-based commerce demands 50,000 TPS, Quai Network ⚡️💵 can achieve it. If all of human commerce demands 100,000 TPS, Quai Network ⚡️💵 can achieve it. If the entire galaxy demands 1,000,000 TPS, Quai Network ⚡️💵 will be able to achieve that too. buff.ly/3IXAFD8

Quai Network ⚡️💵 (@quainetwork) 's Twitter Profile Photo

Have you checked out this week's edition of "This Week in Quai"❓ This week: ➡️ Quote from Dr K.quai⚡💵 on how to make digital payments appealing to non crypto-natives ➡️ Diving into what a blockchain account is Give it a read in the Quai blog!👇 buff.ly/3oWYV1q

Have you checked out this week's edition of "This Week in Quai"❓ 

This week:
➡️ Quote from <a href="/mechanikalk/">Dr K.quai⚡💵</a> on how to make digital payments appealing to non crypto-natives
➡️ Diving into what a blockchain account is

Give it a read in the Quai blog!👇 
buff.ly/3oWYV1q
Quai Network ⚡️💵 (@quainetwork) 's Twitter Profile Photo

An orphan block is a valid block that is not included in the canonical blockchain, and is essentially "thrown out." These blocks occur when two valid blocks are proposed near-simultaneously, and nodes are forced to select one over the other. 7/

Quai Network ⚡️💵 (@quainetwork) 's Twitter Profile Photo

This eliminates the period of uncertainty that occurs in Nakamoto Consensus when an orphan block is produced. Orphan/uncle blocks can still be produced in Quai. The difference is that in Quai, these orphan/uncle blocks have no impact on time-to-consensus. 15/

Quai Network ⚡️💵 (@quainetwork) 's Twitter Profile Photo

The ideas shared about PoEM in this thread are just the tip of the iceburg. To learn more about the PoEM consensus mechanism and how it allows Quai to truly scale infinitely, check out the Quai Documentation: buff.ly/3Cs91uv Thanks for reading! 17/17

Quai Network ⚡️💵 (@quainetwork) 's Twitter Profile Photo

Thanks to everyone who attended this month's Quai Network ⚡️💵 and ATX DAO Community Happy Hour in Austin, Texas! 🍻 If you couldn't make it this time, don't worry! More Quai Community meetups will be happening in the future. 🫂

Thanks to everyone who attended this month's <a href="/QuaiNetwork/">Quai Network ⚡️💵</a> and <a href="/ATXDAO/">ATX DAO</a> Community Happy Hour in Austin, Texas! 🍻 

If you couldn't make it this time, don't worry! More Quai Community meetups will be happening in the future. 🫂
Quai Network ⚡️💵 (@quainetwork) 's Twitter Profile Photo

This structure is referred to as a "braid" of blockchains, as all chains are periodically interconnected by coincident blocks created by merged mining. Simply by mining, Quai miners are facilitating cross-chain transactions and interoperability across the network. 12/

Quai Network ⚡️💵 (@quainetwork) 's Twitter Profile Photo

The initial structure of Quai will have the Prime chain, 3 Region chains, and 9 Zone chains. However, due to Quai's ability to dynamically shard, the number of chains in the network (and thus available throughput) can grow with demand. 13/

Quai Network ⚡️💵 (@quainetwork) 's Twitter Profile Photo

Quai developers have been hard at work ensuring that the hardware requirements to run a trustless Quai node are low and accessable. What kind of machine do you plan to run your Iron Age Testnet node on?👇

Quai Network ⚡️💵 (@quainetwork) 's Twitter Profile Photo

The development of decentralized finance protocols has opened the door to lending, pooling liquidity, and receiving interest on-chain. What will it take for decentralized finance to become a legitimate competitor to traditional finance?

Quai Network ⚡️💵 (@quainetwork) 's Twitter Profile Photo

Quai Univiersity Calls, hosted by Quai co-founder Dr. K, can be a great way to get caught up-to-speed on the mission and technicals behind Quai Network. Start your journey with Quai Univeristy Call #1 today! 👇 youtube.com/watch?v=QuIR-k…

Quai Network ⚡️💵 (@quainetwork) 's Twitter Profile Photo

There are thousands of different cryptocurrencies that have been built and marketed to serve a specific niche. Will niche use cases drive cryptocurrency adoption, or are these niche cryptocurrencies a symptom of a lack of scalability?

Quai Network ⚡️💵 (@quainetwork) 's Twitter Profile Photo

In this clip, Dr. K discusses the major tradeoff that Quai makes from a user perspective -- cross-chain transactions take time. Let's dive into why this tradeoff exists, and how it impacts transactions/user experience in Quai👇 1/🧵

Quai Network ⚡️💵 (@quainetwork) 's Twitter Profile Photo

As Quai grows, the time that cross-chain transactions take increases, as there are more blockchains being merged mined together into the braid. This chart shows estimated cross-chain transaction times as the network dynamically shards to support more throughput.👇 15/

As Quai grows, the time that cross-chain transactions take increases, as there are more blockchains being merged mined together into the braid.

This chart shows estimated cross-chain transaction times as the network dynamically shards to support more throughput.👇 

15/
Quai Network ⚡️💵 (@quainetwork) 's Twitter Profile Photo

In summary, Quai Network's use of merged mining to facilitate cross-chain transfers means that cross-chain transfers take time. The amount of time these transfers will take is based on the stochastic process of mining, and the number of Regions/Zones in the system. 16/

Quai Network ⚡️💵 (@quainetwork) 's Twitter Profile Photo

According to the Ripple 2023 New Value Report, 72% of surveyed finance leaders' confidence in the crypto industry has increased over the past 6 months. Has your confidence in crypto changed at all over the past 6 months?