When the EVM of a Zone chain sees that an address or contract is outside of its "byte prefix," it knows it must emit an External Transaction (ETX) to the EVM that controls that address/contract.
10/
Asset tokenization has been a growing use case for cryptocurrency.
From real estate and watches to oil and gold, many physical assets can now be found represented in some way on-chain.
Which assets could benefit the most from tokenization? Would you tokenize a physical asset?
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?👇
Have you read edition 6 of This Week in Quai?
Learn how digital currency can be made appealing to non-crypto natives, and read a deep-dive into how gas works in Ethereum and Quai👇
https://t.co/lNAdplsckG
The process of starting and maintaining a Quai node during the Iron Age Testnet will be made simpler by the Quai Hardware CLI Tool.
The Hardware CLI will allow users to perform all the basic requirements of a node operator within one simple interface.
https://t.co/EFuhrPIkeU
Quai Network is the first blockchain protocol that can accommodate all human commerce without relying on off-chain solutions.
Learn how Quai scales without compromise at https://t.co/Tm6CZIMPaA
"When we go into L2s, there's an ordering problem, a watching problem, a validation problem...so they're creating systems that use weak subjectivity and loose organization to try and answer the problems in the L2 that should have been solved in the L1."
- @mechanikalk
While most blockchains trade away decentralization and reliability for scale, @QuaiNetwork makes only one compromise, and it might feel a bit familiar: global settlement takes longer than local settlement.
With this one simple tradeoff, Quai can scale infinitely. ⛓️🌏
Due to PoEM, @QuaiNetwork can offer strong assurances of finality to cross-chain transactions before they even arrive at their destination.
Listen to Quai co-founder @mechanikalk explain how👇
Outside of offering fast, secure, and low-cost transactions at scale, @QuaiNetwork can also provide security and interoperability to custom, non-Quai blockchains that merge-mine with the Prime chain (known as "parachains").
Learn more in the Quai docs👇
https://t.co/FjmnfrkAYg
Using PoEM, @QuaiNetwork can now coordinate an infinite number of execution shards.
The focus is now on optimizing per-shard throughput to minimize the number of execution shards required to achieve the 50,000 - 100,000 TPS needed for global commerce.
A recording of Quai University Call #6 is now available on YouTube!
Watch Quai co-founder @mechanikalk explain the many new technical concepts used to scale @QuaiNetwork, including #sharding, #subnets, #PoEM, and more!
Watch now on YouTube👀👇
https://t.co/Luy0Wdeqi7
Just claimed my first faucet tokens and am ready to use them on the #VenomTestnet! Get them yourself on https://t.co/YILmOHgCt6 that's awesome
@venomTestnet
FAQ for tonight's @QuaiNetwork#Consensus2023 event❓👇
❓Can I attend the party even if I don't have a ticket?
➡️No, only those with a ticket will be allowed entry to the event. If you show up without a ticket, you will be denied entry.
❓Does having a ticket guarantee entry into the event?
➡️Due to high demand, having a ticket does not guarantee entry into the event. Entry will be allowed on a first-come first-serve basis until the venue reaches capacity. Additional attendees will be admitted into the venue on a rolling basis to stay within venue capacity regulations.
❓Prohibited Items
➡️The following items are prohibited: Cameras, Go-pros, selfie sticks, Backpacks & large bags, Weapons, Laser pointers. Any devices found in use will be confiscated and disposed of by management without compensation.
❓Dress Code
➡️Upscale and fashionable attire. Dress as you would for a nice night out on the town! No flip flops.
See you soon, @consensus2023!🕺🪩
https://t.co/j1WJ2MxKot