Qai Network (QAI)
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About Qai Network
Qai Network (QAI) is a next-generation blockchain designed to integrate the robust security of Proof-of-Work with exceptional scalability, providing a foundation for a global monetary system. It is characterized by its unique consensus mechanism known as Proof-of-Entropy-Minima (PoEM), which enables instant finality and eliminates block contention, enhancing transaction efficiency. Additionally, Qai employs a merged-mined hierarchy that allows for expansive state processing without compromising mining power, fostering an optimally organized structure within its network.
Moreover, Qai Network introduces an innovative currency model through its energy-based currency, Qi, marking a revolutionary step in decentralized finance. This currency aligns its value with energy costs, creating a stable economic framework intended for real-world applications. The platform supports various functionalities, including payment systems, gaming, Non-Fungible Tokens (NFTs), decentralized finance (DeFi), and social identities, thereby positioning itself as a versatile ecosystem for diverse blockchain use cases.
Community engagement is a notable aspect of Qai Network, highlighted through its partnerships with leading venture capital firms like Polychain Capital, Alumni Ventures, and Zero1 Capital. These collaborations aim to accelerate development and adoption while ensuring that Qai Network remains at the forefront of blockchain innovation. The platform provides extensive developer resources and documentation, empowering developers and users alike to build, grow, and utilize its architecture efficiently in a rapidly evolving digital economy.
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