A recording of Quai University Call #6 is now available on YouTube!
Watch Quai co-founder @mechanikalk explain the many new technical concepts used to scale @QuaiNetwork, including #sharding, #subnets, #PoEM, and more!
Watch now on YouTube👀👇
https://t.co/Luy0Wdeqi7
"The Internet of Money should not cost 5 cents per transaction. It's kind of absurd."
- @VitalikButerin
This is the problem @QuaiNetwork solves -- without making compromises to decentralization or security.
PoEM more accurately measures work.
Proof-of-Work limits how "heavy" a block can be, treating all blocks that exceed the difficulty threshold as equal.
PoEM weighs blocks beyond the difficulty threshold, to ensure that even if two valid blocks are proposed simultaneously, one will always be "heavier" than the other.
With this change, the way total difficulty is measured also changes. Proof-of-Work uses a linear growth of total difficulty (additive) while Proof-of-Entropy-Minima uses an exponential growth of total entropy (multiplicative).
The result ➡️ no consensus based forks & faster finality, which both act as prerequisites for the ability to coordinate an infinite number of execution shards.
Quai Network is more than 10,000 times more energy efficient than Bitcoin at full load, with the ability to become greenhouse gas negative. 🌱
Learn how in the Quai docs👇
https://t.co/yP5zbtzdu0
Are you stacking $QUAI by participating in the Quai Network Social Media Rewards Program?🎁 Earn rewards on social platforms and track how much Quai you've earned in the Quai Dashboard 📷 Learn all the ways you can earn $QUAI in the SM Rewards Article📷👇
https://t.co/5nYPpgXVBM
"As I like to say, you cannot have a free market when the most important good, money itself, is centrally planned and controlled."
- @ErikVoorhees
https://t.co/dayXuGEdxy
This month's @QuaiNetwork developer roundup is now live on the Quai Blog!
🛠️PoEM Implementation
📈Throughput/stability testing
🕺#Consensus2023
🎓Quai University calls
🎉150,000 Twitter followers!
Read more👇
https://t.co/HjxoKPvo85
Thank you to @CoinDesk for hosting #Consensus2023 (and to everyone who came to the Quai closing party)!
Check out some photos from the @QuaiNetwork booth taken at this week's conference 👀 📸
"If we want to scale, we need to change [mining] incentives so that we not only incentivize miners to process and secure the blockchain, but also incentivize them to figure out how to topologically self-organize."
- Quai co-founder @mechanikalk
FAQ for tonight's @QuaiNetwork#Consensus2023 event❓👇
❓Can I attend the party even if I don't have a ticket?
➡️No, only those with a ticket will be allowed entry to the event. If you show up without a ticket, you will be denied entry.
❓Does having a ticket guarantee entry into the event?
➡️Due to high demand, having a ticket does not guarantee entry into the event. Entry will be allowed on a first-come first-serve basis until the venue reaches capacity. Additional attendees will be admitted into the venue on a rolling basis to stay within venue capacity regulations.
❓Prohibited Items
➡️The following items are prohibited: Cameras, Go-pros, selfie sticks, Backpacks & large bags, Weapons, Laser pointers. Any devices found in use will be confiscated and disposed of by management without compensation.
❓Dress Code
➡️Upscale and fashionable attire. Dress as you would for a nice night out on the town! No flip flops.
See you soon, @consensus2023!🕺🪩
https://t.co/j1WJ2MxKot