GMachine

@tapioca_dao pearl club member

[Quai Network ⚡️💵 @QuaiNetwork]

In recent weeks, major financial firms including BlackRock, Fidelity, Citadel and more have expressed interest in cryptocurrency, either through providing ETFs or exchanges.

Is this the beginning of institutional cryptocurrency adoption?

[Quai Network ⚡️💵 @QuaiNetwork]

In this clip, Dr. K discusses the major tradeoff that Quai makes from a user perspective -- cross-chain transactions take time.

Let's dive into why this tradeoff exists, and how it impacts transactions/user experience in Quai👇

1/🧵

[Quai Network ⚡️💵 @QuaiNetwork]

Quai's multi-chain architecture incentivizes miners to mine the blockchain(s) they are least latent to.

While miners can mine any chain, the incentive to minimize uncle rate will cause grouping based on geography/economic activity

Learn more👇
https://t.co/Qq4ofhfIFv

[Quai Network ⚡️💵 @QuaiNetwork]

While L2s can offer cheaper transactions and contract interactions, they come with inherent security and decentralization tradeoffs.

Listen to Quai co-founder Dr. K explain the inherent risks surrounding the current trend of L2 scaling👇

[Quai Network ⚡️💵 @QuaiNetwork]

The process of starting and maintaining a Quai node during the Iron Age Testnet will be made simpler by the Quai Hardware CLI Tool.

The Hardware CLI will allow users to perform all the basic requirements of a node operator within one simple interface.

https://t.co/EFuhrPIkeU

[Quai Network ⚡️💵 @QuaiNetwork]

Have you read edition 6 of This Week in Quai?

Learn how digital currency can be made appealing to non-crypto natives, and read a deep-dive into how gas works in Ethereum and Quai👇

https://t.co/lNAdplsckG

[Quai Network ⚡️💵 @QuaiNetwork]

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 ⚡️💵 @QuaiNetwork]

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.

[Quai Network ⚡️💵 @QuaiNetwork]

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

[Quai Network ⚡️💵 @QuaiNetwork]

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.

[X7 Finance @X7_Finance]

Join us to learn exactly what X7's ground breaking Xchange means for you and for the future of Defi!

#XchangeIsComing
#LongLiveDefi
https://t.co/30mUvNIQmM

[Quai Network ⚡️💵 @QuaiNetwork]

"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 Network ⚡️💵 @QuaiNetwork]

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

[Quai Network ⚡️💵 @QuaiNetwork]

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

[Quai Network ⚡️💵 @QuaiNetwork]

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?👇

[Quai Network ⚡️💵 @QuaiNetwork]

Unlike most existing blockchains, one primary goal for Quai Network is not to have (or need) a roadmap after Mainnet.

"Our goal is to create a network that is what it's supposed to be when it launches."
-Quai co-founder @mechanikalk

[Quai Network ⚡️💵 @QuaiNetwork]

If you've used #Ethereum, you probably know about gas.

Let's explore gas in ETH vs. Quai 👇

1/

[Quai Network ⚡️💵 @QuaiNetwork]

The ideas shared about PoEM in this thread are just the tip of the iceburg.

To learn more about the PoEM consensus mechanism and how it allows Quai to truly scale infinitely, check out the Quai Documentation: https://t.co/fdCQuOZtVi

Thanks for reading!

17/17

[Quai Network ⚡️💵 @QuaiNetwork]

Quai's new consensus mechanism, Proof-of-Entropy-Minima (PoEM), is a small modification to Nakamoto Consensus that opens the door to infinite multi-chain coordination

Let's learn how👇

1/

[Quai Network ⚡️💵 @QuaiNetwork]

The Iron Age Testnet will be the first Quai Network Testnet to support smart contracts and decentralized applications.

What kinds of projects are you most excited to play with on Quai in the Iron Age?👨‍💻