Despite the overall volume of NFT sales being down in 2023, the NFT space has continued to explore new use-cases for the technology.
From NFT ticketing to IP-licensing, what is the best example of NFT utility you've seen in 2023?
Unlike most sharded networks, a Quai node does not have to maintain all chains within the network to be trustless.
"Slice nodes," or nodes that maintain only a subset of the entire network, are just as trustless as full/global nodes.
Learn more👇
https://t.co/rV09BJPq4i
The EthCC conference was a great opportunity for members of the @Dominant_Strat team to share the mission of Quai in Paris, France!
Catch members of the @Dominant_Strat team in Singapore for Token2049, and Austin for Permissionless to talk about @QuaiNetwork 🗣️
Blockchain, since its inception, has been heavily intertwined with finance.
Despite this, can blockchain be a viable solution to real-world challenges beyond finance, such as supply chain management, identity verification, or voting systems?
With the Iron Age Testnet being the first Quai Testnet to support smart contracts, deploying or collecting NFTs can be a great way to test the developer/user experience of Quai.
Will you be deploying or collecting any Testnet NFTs during the Iron Age?
There are thousands of different cryptocurrencies that have been built and marketed to serve a specific niche.
Will niche use cases drive cryptocurrency adoption, or are these niche cryptocurrencies a symptom of a lack of scalability?
The hardware requirements to run a trustless node have a significant impact on the decentralization of a network.
What are the maximum node hardware requirements you believe a network can have and still remain accessable enough for most users to be able to run nodes?
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
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
An early stage browser extension wallet for Quai Network, @PelagusWallet, has now been open-sourced on Github.
Check out the announcement in the Quai Blog and get involved in the Pelagus community!👇
Don't sell that #Ethereum mining rig just yet!
Learn how to gauge PoW mining profitability & explore alternatives to ETH mining in the Quai Blog👇
https://t.co/0knLltJiF5
Every existing #multichain blockchain network introduces new layers of trust to facilicate cross-chain txs.
Quai is the first multichain network where cross-chain txs rely only on the same mechanism as single-chain transactions: Proof-of-Work mining.
https://t.co/yhaIyTDnyv
Quai Merch Boxes, sent to community members who have gone above-and-beyond in spreading awareness on the mission of @QuaiNetwork, are touching down around the world!
Which community member needs a merch box next?👇 📦
Incentives for the Iron Age Testnet will focus on mining and development.
Miners will be rewarded based on the number of canonical blocks they mine, and developers will be rewarded based on the on-chain metrics of their project.
More information on Testnet incentives soon! 🔜
"Money is supposed to reprisent value. But when you create a system...that socializes risks into the money itself, we end up creating a bad reprisentation that underprices the cost of money, underprices risks, and creates systemic instabilities."
- Quai co-founder @mechanikalk
Quai Network can scale to accommodate infinite throughput by adding execution shards (Zone chains).
The only compromise to adding execution shards is increased time to Regional/Global cross-chain settlement, as demonstrated below👇
Read more: https://t.co/VbMrV8aOKq
Get ready! The OMN Public Sale is on the horizon! 🎉🎉🎉
Here are the details:
Token Name: OMN
Date: 12:00 pm 10th June (UTC)
Token Price: $0.04 USDC
Website: https://t.co/DGSHBNfqKu
Chance to be part of something extraordinary! Prepare for liftoff! #OmegaNetwork
Don't forget to set your reminders for tomorrow's University Call hosted by @mechanikalk!
This University Call will focus on mined transactions, an innovation unique to Quai. Mined transactions are Quai Network's solution to MEV.
Set your reminders!⏰
https://t.co/eW9G8P10eA