The architecture of @QuaiNetwork is radically different than the designs of traditional blockchains like Bitcoin and Ethereum.
Quai Network is a composable multithreaded execution environment, allowing transactions to be processed in parallel across many chains. ⛓️⚡
📚Announcing the Sui Academic Research Awards📚
🌏We invite researchers and academics from institutions around the world to apply for the first round of Sui Academic Research Awards.
$250K has been earmarked for this round.
Learn more and apply.👇
https://t.co/6FdVujNQEV
April PoEM Testing Updates:
➡️Globally distributed testing environment
➡️Real-world latency
➡️Running for days at a time
Results:
➡️Perpetual consensus
➡️~275 TPS per execution shard
➡️Sustained coordination of 9 shards
Read more in the Quai blog👇
https://t.co/HjxoKPvo85
Quai Nation --
Due to Twitter API changes, all Twitter rewards OTHER THAN the rewards for following @QuaiNetwork and @QuaiGenesis have been deprecated. All rewards earned from Twitter up to this point have been tracked and can be viewed in the Quai Dashboard.
As our team explores different social-based incentives and programs, we would like to remind everyone that incentives for all other platforms, including Instagram, YouTube, and TikTok, are still live.
Non-follow Twitter rewards were officially deprecated on 2023-05-01 08:41:25.595 CST.
Our team would like to thank the #QuaiNation for the continued support during this period of development, and we are excited to share more exciting updates with you soon.
The official Quai Network Social Media Rewards Program article has been updated to reflect these changes: https://t.co/5nYPpgXVBM
Cross-chain transactions in @QuaiNetwork have been designed to only rely upon the same mechanism used for block production: mining. ⛏️
Learn more in the docs about how cross-chain transactions are processed in Quai👇
https://t.co/fUTQ1YQxwS
How to turn pixels into profits?
👷+🪵=💎
Let’s briefly talk Workers & (Trading) Resources in Ascenders: Simulation.
🧵👇
Like this thread & tag 2 friends for a chance at WL.
"Transactions per second cause uncles. And if you have too many uncles, you'll eventually just get a chain that falls apart and can never come back together... [@QuaiNetwork doesn't] have that limit where [it] would break apart."
- Quai co-founder @mechanikalk on PoEM
"In a fully asynchronous message-passing distributed system, in which at least one process may have a crash failure, it has been proven in the famous 1985 FLP impossibility result by Fischer, Lynch and Paterson that a deterministic algorithm for achieving consensus is impossible."
https://t.co/P4aTeD0CMq
@QuaiNetwork's novel Proof-of-Entropy-Minima algorithm practically breaks the FLP impossibility theorem. The only instance in which PoEM can not offer deterministic head selection is in the case of a near-simultaneous hash collision. When using a 2^256 bit field, two machines simultaneously finding the same hash while mining becomes an extreme statistical improbability.
When @mechanikalk says that PoEM alters the concept of consensus entirely, he means it. 👀
"With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
-Satoshi Nakamoto
The world is still waiting on a decentralized, secure, and scalable digital currency.
Are you ready? 🚀
Something big is coming sooner than you expect 🔥
To get you started, here's another look at our biggest type of land; Colossal 🌇
Like 💙 + RT, and maybe we'll award you a WL 👀
Quai University Call #4 with Quai co-founder @mechanikalk is starting in 4 hours (at 4pm CST) in the Quai Discord!
What questions do you have about the PoEM consensus mechanism and Quai Network that you'd like answered? 👇
https://t.co/MBNLlSh467
Quai University Call #4 with Quai co-founder @mechanikalk is now live in the Quai Discord! 🧑💻
Join now to learn about the new PoEM consensus mechanism & Quai's unique approach to scalability 🌐⚡
https://t.co/MBNLlSh467
Quai co-founder @mechanikalk presentated at @EthereumDenver, explaining the risks of all current scaling solutions and why the design of @QuaiNetwork is the optimal path forward ⛓️
Watch now👇
https://t.co/CMwtfCvcmL
Join @QuaiNetwork core developers and community members for a meetup in Austin, Texas on Thursday, April 6th!
Don't miss out on free merch, drinks, and conversation! 👕🍻
RSVP 👇
https://t.co/TSxIy540Th
Throwback to @QuaiNetwork and @ATXDAO's "Keep Austin Web3" event at Consensus 2022 🥳
Keep your eyes peeled for information about Quai's plans for @CoinDesk's upcoming @consensus2023 conference! 👀
Gold ➡️ scarcity enforced by physical work ⛏️
Fiat ➡️ scarcity enforced by political work 🏦
Crypto ➡️ scarcity enforced by mathematical work 🔢
Which of these mechanisms of enforcing scarcity do you think is most likely to remain unchanged in the long term? 👇