🔊 Introducing #QuaiNetwork new consensus mechanism PoEM ✨
👉 PoEM known as Proof-of-Entropy-Minima will revolutionize the way blockchains come to agreement on transactions ⛓️
👉 Let's drive into this thread
🧵
1️⃣ First learn about what is consensus mechanism?
👉 Blockchain nodes work together to agree on a list of transactions and the order in which they should be recorded. How these nodes come to agreement, called a consensus mechanism.
2️⃣ QuaiNetwork utilizes PoEM consensus mechanism which is inspired by Bitcoin's PoW Nakamoto Consensus mechanism ⛓️

3️⃣ PoEM also uses hashes generated by miners to verify the validity of a proposed block like Bitcoins PoW ⛓️ but it measures how these hashes are compared 💡
4️⃣ PoEM measures the intrinsic block weight to calculate the entropy of proposed block, which ensures all nodes running on PoEM mechanism will always agree on which block is next in the chain.
👉 This eliminates any disagreements and delays in the network ✨
5️⃣ PoEM removes all the contention from consensus and ensures all the nodes to remain in continuous agreement 🤝
6️⃣ Unlike any other traditional consensus mechanism like PoW and PoS, the PoEM offers numerous advantages 👇
7️⃣ Instantaneous Fork Resolution: Every node always agree on the decision on the next block in the sequence to ensure seamless chain progression ⛓️
8️⃣ Faster Finality: PoEM offers a faster mathematical guarantee of on-chain inclusion compared to all the existing consensus mechanisms like PoW and PoS 💫
9️⃣ Coordinating Infinite Execution Shards: Perpetual consensus offers coordination with infinite number of execution shards ✨
🔟 The PoEM consensus is a groundbreaking mechanism which will revolutionize the Blockchain sector and allow the Quai Network break the Blockchain trilemma- security, scalability and decentralisation ⛓️

#BinanceLaunchpool #BullorBear #APT #BTCTo1Million

🔊 Did You Know 🙋‍♂️
👉 The #QuaiNetwork protocol has two different native tokens: $Quai & $Qi.
👉 Learn more about the two-token system of #QuaiNetwork in this thread
🧵
1️⃣ This two-token system is designed to encourage the usage of Qi as a medium of exchange, while still accommodating for store-of-value and programmable money use-cases with Quai.

2️⃣ The word #Quai translates as
colloquial word for money, equivalent to “buck” or “quid” in English.
👉 #Qi word refers to a concept of "energy" or life force ✨
3️⃣ Both these tokens are issued by the Quai protocol and functions as Gas ⛽ token on their respective chains ⛓️
👉 Quai -> Programmable Quai Chain
👉 Qi -> Fixed denomination UTXO Qi chains

4️⃣ Both of these tokens bought into circulation via work-based consensus process (PoEM) that secures the network ⛓️
👉 Quai and Qi tokens serve as incentives for miners in the form of block rewards 🌟

5️⃣ A fully automated mechanism is built into the protocol that allow users to convert
the Qi and Quai using a mint/burn function at the current block reward ratio ✨

#HotTrends #ID #CryptoNews🚀🔥

🔊 Did You Know 🙋‍♂️
👉 #QuaiNetwork utilizes Execution Sharding to achieve incredible Scalability with the user of Proof-of-Work ✨
👉 Learn more about Execution Sharding in this thread 🧵
1️⃣ Execution Sharding is a method of blockchain scalability that divides a blockchain into many "shards" with distinct state and VMs, that can process transactions in parallel.

2️⃣ #QuaiNetwork utilizes multithreaded blockchain network for parallel processing of transactions, it helps to validate and confirm transactions simultaneously through the decoupling of local consistency and global consensus ✨
3️⃣ In very simple way execution sharding means running many interconnected blockchains in parallely on a single network through merged mining mechanism ⛏️
The merged mining mechanism is form of Proof-of-Work where a single miner mines multiple blockchains simultaneously.

4️⃣ The Quai Network co-ordinate with these distinct shards with a unique hierarchical structure and merged mining to achieve incredible Scalability without increasing node requirements ✨
5️⃣ The execution sharding helps to permanently maintain very low transaction fee ⛽
6️⃣ During Iron Age Testnet QuaiNetwork
successfully utilizes execution sharding, and also the first time a permissionless, work-based system has processed 2,000+ TPS in a live environment. ✨

#HotTrends #BTC #sol #WIF

🔊 Exciting Announcement for QUAI enthusiasts 🌟
👉 QuaiNetwork Ecosystem is Growing rapidly 🤩
💎 Golden Age Testnet is approaching very soon! Position yourself to test Quai ecosystem applications 👀
A Detailed thread 👇
🧵
1️⃣ First of all you need decentralized wallets to test any application.
👉Install PelagusWallet and koalawallet 

2️⃣ After you install PelagusWallet add Cyprus1 address.
3️⃣ After you add Cyprus1 address, visit: faucet .quai. network to receive #Quai Testnet tokens ⏬
💎 Now you are fully ready to test Quai ecosystem applications 🤩

4️⃣ There are two NFT Marketplaces on #QuaiNetwork ✨
👉 quaimark .com
👉 marginex .app

5️⃣ There are many excellent collection of #NFTs in the Marketplaces 👀
👉 Some are:-
Quaiminers 
Diversesnfts
Quaifaces

6️⃣ For Gaming lovers, here is an excellent decentralized game 🎮 to play ▶️
👉 quaibattle .lol
👉 Enjoy playing the game ✨

7️⃣ If you love to test DEXs then icecreamswap Dexcheck are currently integrating into QuaiNetwork 🌟
👉 Soon you are able to enjoy swaping, lending and borrowing on Quai 👀
👉icecreamswap .com
👉dexcheck .ai/app

8️⃣ Be part of Blockchain revolution with 💎
#TrendingTopic #ai #Aevo

🔊 Did You Know 🙋‍♂️🌟 Bitcoin - Digital Gold 🌟 Ethereum - Digital Finance🌟 USDC/USDT - Digital Cash👉 #QuaiNetwork enables all 3 of these value props on a single unified Layer 1 ✨👉 The QuaiNetwork protocol proposes two different native tokens: Quai & Qi ✨👉 This two-token system is designed to spur the usage of Qi as a medium of exchange, while still accommodating for store-of-value and programmable money use-cases with Quai 🌟💎 #QuaiNetwork creates the world’s first truly independent Financial System ✨🌟 Be part of #Blockchain revolution with #Quai 💎#TrendingTopic #BTC #Portal

🔊 Did You Know 🙋‍♂️💎 The NFT ecosystem on #QuaiNetwork is starting to flourish! 🌹👉 Quaimark is a NFT Marketplace on #Quai Testnet 🌟🙋‍♂️ In this thread let's learn about How to buy NFTs on #Quaimark 👇🧵1️⃣ First of all you need to install PelagusWallet and add Cyprus1 address2️⃣ After you add Cyprus1 address, visit: faucet.quai.network to receive #QUAI Testnet tokens ⏬3️⃣ Now you are fully ready to buy NFTs on #QuaiMark marketplace 🤩👉 Visit: quaimark. com👉 Connect your #Pelagus wallet 👈4️⃣ Here you have different #NFT collections to buy 👀👉 We are buying NFT from Naturalsnfts ✨👉 They have unique set of NFT collections, i personaly like it very much 😍🌟🌟5️⃣ Click 🖱️ on the NFT you like to buy 🔽👉 Click on Buy Now button ✅6️⃣ Click on confirm button ✅7️⃣ Now Pelagus wallet pop-up appears, Sign the transaction ✅8️⃣ Once the transaction successful✅👉 Your buying order will be complete ✅💎 Hurrayyyy 🥳🥳 you bought the 9️⃣ You can check your profile and your purchased NFT will appear there 👀🔟 You can put your NFT on sale!!👉 To do that click on put on sale option and set amount of #Quai tokens for which you want to sell ✨1️⃣1️⃣ The process is very simple and everything works very smooth on #QuaiNetwork 🤝💎 Follow me for more updates on #QuaiNetwork ✨#Write2Earn #TrendingTopic #Portal #WLD

🔊 Exciting Announcement for #QUAI enthusiasts 🌟💎 The New Social Rewards Program 2.0 is currently running 🙋‍♂️🤝 Recognizing the importance of community involvement #Quai will honor and reward the active participants who makes significant contribution across all the platforms 🌟🌟👉 Everyone can participate in this program irrespective of technical skills 👈 The Social Rewards Program consists of several Discord Roles and will be awarded to individuals who consistently contribute to Quai Network across Discord and Twitter platforms.👉 There are several Discord Roles available for different skillsets and different interests 👀Below is a list of different Quai Roles 👇1️⃣ Quaioneers Role:- The individuals who actively and consistently engage with the Quai community across both Twitter and discord platforms will likely to receive this role. 👉 Here quality and quantity of chat engagement like giving meaningful responses to people in discord and in comment section of QUAI Twitter will be considered.2️⃣ Quaintin Tarantino Role:- This is a role completely dedicated to true Artists. The individuals who make the highest quality memes, GIFs, Quai themed art, video, animations, art, and visuals are likely to receive this role. 👉 People can share their art work in the Quai discord server and/or on Twitter by tagging QuaiNetwork! 3️⃣ ReplyQuai Role:- This role is given to the people who create and share amazing memes on Twitter, and consistently reply with them under Quai's posts, then they have high chance of receiving this role.4️⃣ GigaBrain Role:- The individuals who have high writing skillset then this role is for them. Writing threads/blogs/academic research and articles about Quai Network and sharing it on both platforms will help them to get this role.5️⃣ Qultist Role:- This role is completely devoted to supporters and contributors who have been with Quai Network for a very long-time. 👉 You can stick around for the long-haul and consistently contribute to the community to receive this role.6️⃣ BASED Role 🌟:- This is the most coveted role within the Quai community. People who are the best of the best amongst the Quai community will likely to recieve this role.👉 This role provides various exclusive opportunities and also you can join BASED Quai Telegram group chat which gives exclusive opportunities to earn extra points on Galxe.7️⃣ OG Node Wrangler & Still Early Node Wrangler role: These roles are for individuals who report the data from their Quai node to QuaiStats as part of the Node Wranglers program.8️⃣ Spartans Role: - This role is for individuals who are running a Quai Miner and can prove to a moderator that they've mined at least one block.9️⃣ Architect Role:- This role is for individuals who deploy smart contracts on Quai Network, and demonstrate to a Moderator that they are either developing or have developed a product/smart contract for Quai.Besides this, #Quai organize multiple online events every week with opportunities to learn more about QUAI like Quai Friday, University Call, Movie night, Meme stream on discord etc. Final ThoughtsQuai Network is energy based money for the 21st century. It's a great opportunity for every crypto enthusiast to be a part of the blockchain revolution with Quai Network. #QuaiNetwork #TrendingTopic #BTC #Write2Earn