Central Bank Digital Currencies, or CBDCs, have become an increasingly popular point of research for central banks around the globe.
Do you think a CBDC could ever align with the principles of crypto, or are they an inherent threat to decentralization?
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Fiat currencies can't remain apolitical.
Existing cryptocurrencies can't support the needs of people as money.
Centralized cryptocurrencies can't remain sovereign in the face of adversity.
@QuaiNetwork can.
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"The ultimate goal here is that by the time we launch, we have a protocol. And we don't have a roadmap. The roadmap is 'This is a protocol. It does everything that it needs to do.' Our goal is to create a network that is what it's supposed to be when it launches."
- @mechanikalk
Quai is an interoperable network, meaning an account on any Quai blockchain can send transactions to accounts on any other Quai blockchain.
Unlike other multi-chain solutions, Quai's interoperability does not introduce any new trusted mechanism and only relies upon mining.
"I like the idea of basing security on the assumption that the CPU power of honest participants outweighs that of the attacker. It is a very modern notion that exploits the power of the long tail."
- Hal Finney
Did you know that Quai Network's Iron Age Testnet will support mining pools? ⛏️🏊
Unlike the Bronze Age Testnet, where each miner needed its own node, Iron Age nodes will be able to open themselves up as pool operators using a Stratum Proxy.
https://t.co/ljudl9PXCp
A recording of Quai University Call #7, focusing on subnets, has been posted on YouTube!
Learn what subnets are, how they can help scale blockchains, and how they're used in Quai Network from Quai co-founder @mechanikalk.
https://t.co/N4rstg5Jsx