Mikado Finance

over 1 year ago

Understanding Quai's Dual-Token System $QUAI – pronounced [k-why] • EVM-compatible store of value • Deflationary by design • Programmable foundation $QI – pronounced [chee] • The Energy Dollar ⚡️💵 • Stable value tied to energy costs • UTXO-based for cash-like properties Together, they create the first complete monetary system on blockchain that can function without fiat reliance. Learn more: https://t.co/FHEO42TALl

QuaiNetwork's tweet photo. Understanding Quai's Dual-Token System

$QUAI – pronounced [k-why]
• EVM-compatible store of value
• Deflationary by design
• Programmable foundation

$QI – pronounced [chee]
• The Energy Dollar ⚡️💵
• Stable value tied to energy costs
• UTXO-based for cash-like properties

Together, they create the first complete monetary system on blockchain that can function without fiat reliance.

Learn more: https://t.co/FHEO42TALl

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almost 2 years ago

Congratulations on successful strategic round 💐💐

almost 2 years ago

Quai Nation -- Thrilled to announce that @QuaiNetwork has secured a $5M strategic round with backing from top VCs like @CogitentV, @mhventures, TPC, and Giga Chad Ventures, bringing our total funding to $15M with previous support from @polychaincap & @alumniventures! Quai Network is set to reignite the crypto revolution with the world's first decentralized energy dollar. Mainnet-compatible devnet launch coming soon!

QuaiNetwork's tweet photo. Quai Nation --

Thrilled to announce that @QuaiNetwork has secured a $5M strategic round with backing from top VCs like @CogitentV, @mhventures, TPC, and Giga Chad Ventures, bringing our total funding to $15M with previous support from @polychaincap & @alumniventures!

Quai Network is set to reignite the crypto revolution with the world's first decentralized energy dollar.

Mainnet-compatible devnet launch coming soon!

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MikadoFinance retweeted

Solana-native | design-led onchain UX | Founder @veterans_crew × @veterans_labs | Spirit #1 @deadkingsociety | member @lafamilia_so

almost 2 years ago

🚀 Golden Age Testnet launches October 15th—the first ever gamified Testnet from Quai Network! 💰 10M Mainnet Quai tokens are up for grabs! How to maximize rewards: 🛠️ Mine Quai Tokens 💡 Develop on Quai Network 📈 Trade and Speculate 🔄 Arbitrage Opportunities 🏆 Social Sharing and Challenges Secure your spot and earn Mainnet Quai tokens! 🎮

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Who to follow

Psykoin (DKS) | Veterans

@psykoin_

jc

@jcannon07

professional shit talker that sits left side of the bell curve - ᵣₒᵤₙd ₜᵣᵢₚₚᵢₙ bₐgₛ ₛᵢₙcₑ '₁₈ -

Nika

@nikaashib

Protocol engineer in Web3 ⚙️ Built DEX, AMMs & infra on Shibarium • Cross-chain • Tokenomics • Liquidity

about 2 years ago

#mikado #quai 🚀🚀

about 2 years ago

The @QuaiNetwork Twitter account and Quai Galxe Space are continuing to grow! How many Twitter followers do you think @QuaiNetwork will have when Mainnet launches? 👀👇

QuaiNetwork's tweet photo. The @QuaiNetwork Twitter account and Quai Galxe Space are continuing to grow!

How many Twitter followers do you think @QuaiNetwork will have when Mainnet launches? 👀👇 https://t.co/JHChnnSr6Z

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over 2 years ago

🎄✨ Merry Christmas from the heart of the DEX universe! 🌐🎁 Wishing you joy, prosperity, and unforgettable moments this holiday season. Cheers to a festive celebration with Mikado Finance on the @QuaiNetwork ! 🚀🎉 #mikado #DEX #quai

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MikadoFinance retweeted

over 2 years ago

@Iamoptimist4 @MikadoFinance @QuaiGenesis Welcome to the fam!

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MikadoFinance retweeted

Dr Reed

@ExponentialReed

almost 3 years ago

ALPHA alert 🚨🚨🚨 I’ve been aware of a new scalable POW L1 that’s been in testnet for some time. $QUAI @Quainetwork is an infinitely scalable L1 blockchain using a unique hierarchical multi-chain structure. What is $QUAI exactly and why is it exciting? ✅ They use a unique POW algorithm called PoEM (Proof of Entropy Minima) This is the secret sauce allowing nodes to be in consensus immediately, and what makes it infinitely scalable. ✅ Scaling is completed automatically by the protocol, so if cost becomes too high due to congestion, more shards are spun up as needed. ✅ Transaction cost aimed at always being sub 1c/tx. ✅ 250 TPS per shard, scaling linearly (10 chains is 2500 tps throughput, 100 chains is 25000 TPS etc). 10 second block time. Snappy for sending transactions and dApp usage. ✅ EVM compatibility. Easy for applications to migrate, and assets to bridge between compatible chains. Suitable for payments, DeFi, NFTs and enterprise solutions. ✅An internal team of over 25 members. ✅An initial fund raise of $10m in 2022 from Polychain, Alumni and Zero1 to develop the initial test and main nets. What does the unique architecture look like? Chains on $QUAI are a new way of managing scalability, using a hierarchical structure (like a pyramid). They are split into 3 different types: 1⃣ Prime - Top of the tree, there can only be one. Prime is responsible for the security of the entire network. No execution transactions happen on prime so there’s no interaction when you’re using a dApp, but final reconciliation ends up there. 2⃣ Region - Middle management. Regions are responsible for the security of their subset of Zone chains. Like Prime they have no direct execution transactions, but reconciliation of their Zones ends up on the Region chains. Multiple region chains can sit under the Prime chain. 3⃣ Zones - The worker bees. These are highly agile and where all the action happens. If you’re using an application it will be on a Zone. Your wallet resides on zones and you can simply move assets between zones to utilise functionality elsewhere on the network. The goal is to be able to interact with any Zone from the one you’re currently on in order to provide a seamless user experience so that the multichain architecture isn’t visible to users. Multiple Zone chains sit under each Region chain. Other communities that might be interested in this are $ALPH $NEAR $KDA $ONE $EGLD due to their similarly unique infrastructure. Tagging some people who may be interested: @Justin_Bons @Coachkcrypto @ElonTrades @cryptovium @DreadBong0 @coinesper @cryptodosee @0xBreadguy If you like this, please repost, quote and bookmark for more visibility.

ExponentialReed's tweet photo. ALPHA alert 🚨🚨🚨

I’ve been aware of a new scalable POW L1 that’s been in testnet for some time.

$QUAI @Quainetwork is an infinitely scalable L1 blockchain using a unique hierarchical multi-chain structure.

What is $QUAI exactly and why is it exciting?

✅ They use a unique POW algorithm called PoEM (Proof of Entropy Minima) This is the secret sauce allowing nodes to be in consensus immediately, and what makes it infinitely scalable.

✅ Scaling is completed automatically by the protocol, so if cost becomes too high due to congestion, more shards are spun up as needed.

✅ Transaction cost aimed at always being sub 1c/tx.

✅ 250 TPS per shard, scaling linearly (10 chains is 2500 tps throughput, 100 chains is 25000 TPS etc).
10 second block time. Snappy for sending transactions and dApp usage.

✅ EVM compatibility. Easy for applications to migrate, and assets to bridge between compatible chains.
Suitable for payments, DeFi, NFTs and enterprise solutions.

✅An internal team of over 25 members.

✅An initial fund raise of $10m in 2022 from Polychain, Alumni and Zero1 to develop the initial test and main nets.

What does the unique architecture look like?

Chains on $QUAI are a new way of managing scalability, using a hierarchical structure (like a pyramid). They are split into 3 different types:

1⃣ Prime - Top of the tree, there can only be one. Prime is responsible for the security of the entire network. No execution transactions happen on prime so there’s no interaction when you’re using a dApp, but final reconciliation ends up there.

2⃣ Region - Middle management. Regions are responsible for the security of their subset of Zone chains. Like Prime they have no direct execution transactions, but reconciliation of their Zones ends up on the Region chains. Multiple region chains can sit under the Prime chain.

3⃣ Zones - The worker bees. These are highly agile and where all the action happens. If you’re using an application it will be on a Zone. Your wallet resides on zones and you can simply move assets between zones to utilise functionality elsewhere on the network. The goal is to be able to interact with any Zone from the one you’re currently on in order to provide a seamless user experience so that the multichain architecture isn’t visible to users. Multiple Zone chains sit under each Region chain.

Other communities that might be interested in this are $ALPH $NEAR $KDA $ONE $EGLD due to their similarly unique infrastructure.

Tagging some people who may be interested: @Justin_Bons @Coachkcrypto @ElonTrades @cryptovium @DreadBong0 @coinesper @cryptodosee @0xBreadguy

If you like this, please repost, quote and bookmark for more visibility.

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MikadoFinance retweeted

almost 3 years ago

The wait is almost over – Quai Network’s Iron Age Testnet is launching on September 19th. Whether you’re a developer, miner, or user, the Iron Age Testnet has incentives for you. Read about the 12 million Quai dedicated to Testnet incentives in the blog: https://t.co/hhwVWtvZms

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almost 3 years ago

@QuaiNetwork None other than the first native DEX @MikadoFinance 🚀🚀👨‍💻👨‍💻

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almost 3 years ago

To the moon @QuaiNetwork 🚀🚀🚀

almost 3 years ago

🚨QUAI COMMUNITY ALERT 🚨 We're relieved to inform you that we've successfully regained control of the Quai Twitter account. To enhance the reliability of the information shared, please verify this information in our Discord. Keep in mind, Alan's account (@alanorwick) has NOT been recovered yet. Please be wary and DO NOT trust any information coming from that account until further notice. We're currently compiling all pertinent details and will be cooperating with the relevant authorities. If you were affected, please ensure you have an open ticket in our Discord. Other important pieces of information related to Quai: 🔹Dashboard rewards are not affected. We run those outside of Twitter and are maintained in our system. 🔹While rewards are safe, we have reset Twitter keys so there will be disruptions in accessing Twitter on the Quai Dashboard for the time being. Your trust is paramount, and we're working diligently to restore it. We appreciate the Quai community for standing strong with us during these challenging times. Stay safe and always verify!

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almost 3 years ago

@elonmusk please help.

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almost 3 years ago

#fightforquai @elonmusk please respond...

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MikadoFinance retweeted

about 3 years ago

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

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about 3 years ago

No hassle, no delay, no limit 🚀🚀🚀 #Mikado #quai #dex #crypto

about 3 years ago

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

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about 3 years ago

True decentralized #mikado #quai #dex

about 3 years ago

Recent core testing has focused heavily on ensuring that full/slice nodes have light enough hardware requirements to be accessible to as many people as possible. Read the latest in the May Developer Roundup👇 https://t.co/oglhoBgprA

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MikadoFinance retweeted

about 3 years ago

"No other blockchain could actually do a Venmo or a Samsung Pay. But [Quai] can do all of those things, and [it's] going to do them really, really well." - Quai co-founder @mechanikalk on @QuaiNetwork's focus on payments

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MikadoFinance retweeted

about 3 years ago

Quai Network is the only network where cross-chain transactions are facilitated by the same set of miners producing blocks. By mining Quai, miners are extending the blockchains while simultaneously weaving them into an interoperable braid. https://t.co/akjvT7VnZ7

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MikadoFinance retweeted

about 3 years ago

This month's @QuaiNetwork developer roundup is now live on the Quai Blog! 🛠️PoEM Implementation 📈Throughput/stability testing 🕺#Consensus2023 🎓Quai University calls 🎉150,000 Twitter followers! Read more👇 https://t.co/HjxoKPvo85

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