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Summary of Dr. K’s in-depth conversation with Stephen TCG at Quai Network

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In a recent YouTube interview, Quai Network Co-founder and CTO Dr. K discussed with crypto channel blogger Stephen TCG the in-depth technical architecture and vision of the Quai network.

This article summarizes the core points of the interview, including the innovative proof-of-work mechanism, dual-token system (QUAI & QI), scalability design, and decentralized financial goals.

Quai Network Overview

Core Mission

Dr. K emphasized that Quai's core goal is to build a truly decentralized financial system free from state intervention. Many current cryptocurrency projects have gradually become centralized or influenced by regulations, deviating from Satoshi Nakamoto's original intention — a peer-to-peer, uncensorable digital cash system. Quai hopes to reclaim this vision through technological innovation.

Quai's Innovative Proof of Work Mechanism

Quai Network's Proof of Work (PoW) system introduces several key innovations:

  1. Merged Mining Multi-Chain Structure
  • Quai adopts a multi-chain hierarchical structure, achieving sharding and subnet functions through merged mining.
  • This design enables Quai to achieve over 50,000 transactions per second while maintaining decentralization.

2. Dual Token System — QUAI and QI

  • QUAI: Similar to Bitcoin's main token, with store of value function, deflationary supply, and account-based structure.
  • QI: Called the "Energy Dollar", designed to tokenize computing power as a stable pricing unit linked to energy costs.

Sharding Architecture and Scalability

One of Quai's core technologies is the Sharding mechanism:

  • By distributing data across multiple chains, significantly improving system read and write efficiency;
  • While maintaining network-wide consensus and security, ensuring true inter-chain collaboration.

Mining Mechanism and Economic Incentives

Dr. K particularly emphasized Quai's mining incentive system, making it highly attractive to miners:

  1. Lockup Reward Mechanism
  • Miners can choose to lock mining rewards for a certain period to obtain higher annual returns, effectively preventing capital outflow.

2. Tradable Liquidity Miner Tokens (Upcoming)

  • Quai plans to launch liquidity miner tokens, allowing miners to flexibly trade mining earnings and increase participation enthusiasm.

3. Join Oula Pool to Start Quai Mining

🚀 Recommended to use Oula Pool for Quai Mining.

  • Oula Pool supports Quai and Aleo mining, providing stable and reliable earnings solutions;
  • Beginners can refer to our detailed mining tutorial videos:
  • HIVE OS Video Mining Tutorial — https://youtu.be/Qqayg17ZttM
  • HIVE OS Mining Guide: https://oula-faq.gitbook.io/zh/mining-tutorial/quai-hiveos
  • Linux Video Mining Tutorial — https://youtu.be/bJV4hNd5Z9E
  • Linux Mining Guide: https://oula-faq.gitbook.io/zh/mining-tutorial/quai-linux

Ethereum Ecosystem Compatibility, Promoting DeFi Applications

Quai is compatible with the Ethereum Virtual Machine (EVM), meaning DApps from Ethereum can seamlessly migrate to the Quai network, greatly expanding its potential as a DeFi platform.

Additionally, Quai has launched a developer incentive program to actively support excellent projects and further strengthen the ecosystem.

QUAI and QI: Detailed Explanation of Value and Stability Mechanism

Dr. K elaborated on how Quai's dual-token system collaboratively provides a stable financial experience:

  • QUAI Dynamic Supply Mechanism: Automatically adjusts supply based on mining activity and energy costs;
  • QI as an Exchange Medium: Possessing near-cash privacy attributes, different from traditional traceable cryptocurrencies;
  • Dynamic Supply Contract: Supports users' flexible exchange between QUAI and QI without relying on centralized exchanges.

Quai's Future Blueprint

Dr. K stated that Quai's ultimate vision is to create a global financial network without trust, without intermediaries, and with free access, empowering users with true financial sovereignty.

How to Participate in Quai Network?

Here are several ways to join Quai:

🔹 Start Mining through Oula Pool — Simple, efficient, suitable for all users. 🔹 Purchase QUAI on Exchanges — Available on Gate.io and MXC platforms. 🔹 Join the Community for First-hand Information: Linktree: https://linktr.ee/quainetwork

🔹 Apply for Developer Reward Program — Submit your project ideas and participate in Quai ecosystem construction.

Summary

This YouTube dialogue showcased Quai Network's technical strength and grand vision. From architectural innovation to mining incentives, from EVM compatibility to privacy mechanisms, Quai is building a system that can truly achieve decentralized financial freedom.

If you're interested in the future of cryptocurrencies, now is the best time to understand Quai, start mining, and participate in its development!

📢 Get More Guides & Latest Updates: 🔹 Hive OS Mining Guide: https://oula-faq.gitbook.io/zh/mining-tutorial/quai-hiveos 🔹 GitHub Repository: https://github.com/oula-network/quai 🔹 Official Website: http://oula.network/zh/register?invitation=MBW1O9 🔹 Discord Community: discord.gg/tPz6CXKM2W 🔹 Follow Twitter: https://x.com/oula_network 🔹 Join Telegram Group: t.me/oulacommunity

🔹 📺 Click to Watch Full YouTube Video: [https://www.youtube.com/watch? v=qIYmuEQ4L5M&ab_channel=StephenTCG%7CDeFiDoj]

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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