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. ⛏️
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When merge-mining Quai Network, miners will occasionally find blocks that are valid in multiple Quai chains at once.
These blocks are known as "coincident blocks," and are the first-ever example of a trustless bridge between blockchains.
Learn more👇
https://t.co/6pkKkzAyZ8
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
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
Opening the server for another 100 Quails.
This is the 2/4 gate for OG.
Don’t miss out.
🥚Claim OG: https://t.co/FRqWsiSrkP
#QuaiNFTs#QuaiCommunity#Quai
We’re excited to share, we have:
1) Raised $200M and now have a total of $458M in mission-driven funding
2) Decided to go FULL OPEN SOURCE at our next milestone
3) Reserved ⅔ of a potential future token for the ecosystem
4) Formed a partnership with @OpenZeppelin
👇1/8
On Behalf of the entire Quai Team, we want to thank everyone who showed up to the AMA Today!👏
We hope to continue making our AMAs even more informative and receptive of the community each time we go live.
In case you missed it, check out the recording here👇
Protocols that compromise decentralization and security for scale may seem temporarily appealing, but fail to achieve the goals of censorship resistance and trustlessness that cryptocurrencies initially set out to address.
#crypto#cryptocurrency#blockchain#quainetwork#quai
Want to learn about how Quai Network is revolutionizing blockchain?
Read the article below to find out!
#QuaiNetwork#Quai#Crypto#Cryptocurrency
https://t.co/7crvrCVzgb
Every single existing bridge between blockchains introduces new levels of trust and risk.
Cross-chain transactions between #Quai chains have been explicitly designed to be just as trustless & decentralized as the protocol itself, aligning with the original motives of crypto.
Quai Network looks to transform the limitations of #POW & #POS with #PoW2, a completely new method of organizing blockchains within Quai's unique merged mined, hierarchical structure.
What do you think of #Quai's unique consensus mechanism?
#Crypto#Web3
https://t.co/VSGdTuCy3N
Single-word, copy-pasted, or repeated responses will not be eligible to receive a like or retweet from the @QuaiNetwork account.
Furthermore, accounts that repeatedly spam Quai’s replies with one-word responses, unoriginal content, or copy-pasted replies will be banned.
🧵5/x
Quai Nation - We are making some slight changes to the way the Social Media Rewards Program is incentivized.
All rewards earned up to this point have been accounted for and will not be impacted.
The following rewards incentives have been changed:
🧵1/x
https://t.co/OO8H5bYZJm
Want to know more about #QuaiNetwork's Core Development?
In the video below @mechanikalk highlights the major recent dev updates within Quai's core and what we're doing to prepare for our next testnet.
#Quai#ETHIndia#WBSBangkok#ETHDenver#Crypto
https://t.co/mSwqV4b5eH
These threats make MEV a primary focus for Quai Network to solve prior to launching Mainnet.
Join our Discord to stay up-to-date on Quai's development: https://t.co/oi1Pi51GNm
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