Quai Network new features
APR
30
Event date
Wednesday 30 April 2025, UTC
Event description
- Quai Network’s $QI stablecoin, pegged to energy costs via Proof-of-Work, launches in April 2025 as a privacy-focused alternative to USDT/USDC, addressing regulatory scrutiny over opaque stablecoin reserves, like Tether’s 2021 $41 million fine.
- The multi-chain architecture, scaling to 50,000 TPS without Layer-2 solutions, contrasts with Ethereum’s congestion issues, which saw gas fees spike to $200 in 2021, positioning Quai as a scalable Proof-of-Work blockchain for global commerce.
- PoEM consensus, selecting blocks with lowest entropy, enhances security and finality by 40% over traditional Proof-of-Work, building on Bitcoin’s model but addressing its scalability limits amid the 2025 blockchain race for efficiency.
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