50k+
transactions
per second
1B+
transactions
in a week
1.0 S
time to
finalization
0%
Network
downtime
GPU Minable,
ASIC Resistant
Quai Network is GPU mined using the ProgPoW algorithm.
ProgPoW ensures that widely available consumer hardware (GPUs) will always remain competitive in mining.
Larger, more general-purpose hardware (GPUs) is more accessible and available to average users than highly specialized hardware (ASICs).
Hashing Algorithm
ProgPoW was originally developed and proposed as a more ASIC-resistant replacement to Ethash, but was discarded when Ethereum transitioned to Proof-of-Stake.
Two-Token Mining Game
Miners are able to select which token they want to receive block rewards in, and are able to modify this selection at any time.
Quai miners participate in an ongoing arbitrage market in which many factors impact which token is optimal for miners to select as their reward:
The current prices of Quai vs Qi
The current block rewards of Quai vs Qi
Future expectation of prices for Quai vs Qi
Future expectation of block rewards for Quai vs Qi
Two native tokens: Quai and Qi
Quai emissions trend towards zero over time, functioning as a store-of-value.
Qi emissions are tied to the difficulty of the network, functioning as a medium-of-exchange linked to the cost of energy.
new revenue stream from mev resistance
This mechanism, when combined with Quai Network’s infinite scalability, creates a sustainable long-term security model, even as Quai block rewards trend to zero.
MEV resistance is achieved by ordering transactions via the Proof-of-Work done to them.
Transactions themselves can be “mined” with higher amounts of work to receive MEV resistance.
Quai miners can receive revenue both from block rewards and by selling hashrate (mining transactions) to users that demand MEV resistance on their transactions.
Join a thriving community
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