Leo.eth🛸 @Web3Leo4

🐰 Joined May 2023

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

#2: External Transactions (ETXs) While Quai's Bronze Age Testnet supported cross-chain transactions, the rules and standards surrounding gas, atomicity, reference-ability, and more have been updated and implemented. 3/

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

The Quai Network June Developer Roundup is now live in the Quai blog! Read the latest updates on core development, including a discussion of a mining algorithm change from Blake3 to ProgPoW.👇 qu.ai/blog/june-2023…

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

#1: Proof-of-Entropy-Minima (PoEM) PoEM, Quai's new consensus mechanism, has been implemented since the Bronze Age. PoEM allows for the coordination of infinite chains within the network. Prior to PoEM, Quai had a hard limit on the number of chains that could be coordinated. 2/

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

#4: Stateless Prime/Region Chains The original architecture of Quai held state in the Prime and Region chains. Now, Zone chains are now the only chains that carry state (have accounts and transactions), and thus are the only chains users directly interact with. 5/

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

Quai University Call #9, focusing on mined transactions, which are Quai's solution to MEV, has been posted on YouTube! Learn how Quai will prevent frontrunning, sandwich attacks, and more👇 youtu.be/7QZdpi8ppfw

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

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 qu.ai

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

Interested in learning more about merged mining? Check out an article from the Quai blog: buff.ly/3WJ6PrQ And the Quai docs: buff.ly/3PiRKeL What do you think about merged mining? Can merged mining eliminate the need for trust-based bridges? 14/14

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

Through the use of merged mining, which randomly creates coincident blocks, Quai Network eliminates the current risks associated with multi-chain scalability. 13/

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

Are all chains in Quai the same? How is Quai Network structured? Let's answer these questions by diving into Quai Network's Prime, Region, and Zone chains 1/🧵

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

The initial structure of Quai will have the Prime chain, 3 Region chains, and 9 Zone chains. However, due to Quai's ability to dynamically shard, the number of chains in the network (and thus available throughput) can grow with demand. 13/

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

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👇 buff.ly/3p1JOEb

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

Each Zone chain has a "byte prefix," meaning that the first 4 characters of each address/contract is used to determine which blockchain's EVM can modify it. This ensures that each Zone chain has its own set of addresses and contracts that no other Zone chain EVM can modify. 9/

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

Merged mining, despite being nearly as old as the concept of "mining" itself, is far less commonly understood. Let's break down what merged mining is, and how it can be used to scale blockchains. ⛏️ 1/🧵

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

There are potential use-cases for blockchain in many industries, such as payments, ticketing, collectables, supply chain, and more. What industry do you think cryptocurrency/blockchain will transform the most over the next 3 years?

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

When this occurs, nodes will simply prefer whichever block they saw first. Oftentimes, this will lead to ~50% of the network mining one of the proposed blocks, with the remainder of the network mining the other proposed block. 9/

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

No license required 😎

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

Are you in the Quai Discord yet? Join the growing Quai Network community today! buff.ly/462RR48

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

To learn more about Quai Network, you can always visit the Quai Documentation: buff.ly/3X9mtwO. For specific details on Quai's dynamic sharding, you can visit the Dynamic Sharding page of the docs: buff.ly/3qvPfv7 Thanks for reading! 9/9

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

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/

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Quai Network ⚡️💵 @QuaiNetwork

2 years ago

An orphan block is a valid block that is not included in the canonical blockchain, and is essentially "thrown out." These blocks occur when two valid blocks are proposed near-simultaneously, and nodes are forced to select one over the other. 7/