Bitcoin, the first blockchain, was released in 2009.
After nearly 14 years, cryptocurrency still has yet to achieve widespread real-world use cases.
What do you think it will take for mass crypto adoption?👇
Thanks to everyone who attended this month's @QuaiNetwork and @ATXDAO 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. 🫂
This Week in Quai edition 6 has been published on the Quai Blog!
Check out this week's Quote and Technical Term of the week now👇
https://t.co/lNAdplsckG
Interested in learning more about merged mining?
Check out an article from the Quai blog: https://t.co/I399yofqGm
And the Quai docs: https://t.co/FsqFoBLg4F
What do you think about merged mining? Can merged mining eliminate the need for trust-based bridges?
14/14
Merged mining, despite being nearly as old as the concept of "mining" itself, is far less commonly understood.
Let's break down what merged mining is, and how it can be used to scale blockchains. ⛏️
1/🧵
There's been plenty of hype surrounding NFTs since they began gaining widespread attention in 2017.
Now that NFTs have been around for more than 5 years, do you think NFTs can have utility or are they just on-chain jpegs? 🖼️
There are potential use-cases for blockchain in many industries, such as payments, ticketing, collectables, supply chain, and more.
What industry do you think cryptocurrency/blockchain will transform the most over the next 3 years?
"Once Quai is launched, nobody can change Quai. Early on, maybe there's a bug...and maybe some of the developers come in...and propose a bug fix. But the idea of adding features, functions, or changing things is not part of what we're doing here."
- Quai co-founder @mechanikalk
Quai University Call #9, focusing on mined transactions, which are Quai's solution to MEV, has been posted on YouTube!
Learn how Quai will prevent frontrunning, sandwich attacks, and more👇
https://t.co/X2OyboXj83
Quai is the first Layer-1 that can scale homogenously and infinitely without increasing trustless node requirements.
No Layer-2s or off-chain solutions necessary.
Learn how Quai scales infinitely with dynamic sharding👇
https://t.co/VbMrV8bmzY
The Quai protocol will scale infinitely and algorithmically forever. No roadmap needed.
Once the Quai protocol is deployed, it will be a public, independent, and uncontrollable piece of technology secured and maintained by any parties who wish to become network participants.
Are all chains in Quai the same?
How is Quai Network structured?
Let's answer these questions by diving into Quai Network's Prime, Region, and Zone chains
1/🧵
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 Nation –
Testnet Rewards for the Stone Age and Bronze Age Testnets are now available to view in the Quai Dashboard. If you participated in these Testnets, check out your rewards now!
https://t.co/niyPERSLv8
Have an issue? Check the announcement in the Quai Discord, and/or open a ticket for support.
In case you missed it: @PelagusWallet is an open-source browser extension wallet for Quai Network.
Learn about Pelagus Wallet in the Quai Blog:
https://t.co/DYa66CwcS2
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?👇
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 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
Every existing #multichain blockchain network introduces new layers of trust to facilicate cross-chain txs.
Quai is the first multichain network where cross-chain txs rely only on the same mechanism as single-chain transactions: Proof-of-Work mining.
https://t.co/yhaIyTDnyv
If internet-based commerce demands 50,000 TPS, @QuaiNetwork can achieve it.
If all of human commerce demands 100,000 TPS, @QuaiNetwork can achieve it.
If the entire galaxy demands 1,000,000 TPS, @QuaiNetwork will be able to achieve that too.
https://t.co/zru2zqRUD7