Cryptopedia - Quai Network
## What Is Quai Network (QUAI)? Quai Network is a scalable and programmable Proof-of-Work blockchain designed to serve as a new global monetary system. It introduces an energy-based "flatcoin," Qi, which functions as decentralized money for the compute economy, aligning its value with the cost of energy. It leverages a next-generation Proof-of-Work consensus mechanism called Proof-of-Entropy-Minima to eliminate block contention and provide lightning fast finality.
