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E15: Building the Quai Network - Solving the Blockchain Trilemma with Alan Orwick
Manage episode 414434306 series 3540037
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Summary
In this episode, Alan Orwick, the CEO and founder of Dominant Strategies, the development company behind Quai Network, discusses the background and development of Quai, a blockchain platform. He talks about his journey in the crypto space, including his involvement in the Texas Blockchain organization at the University of Texas. Alan explains how Quai solves the blockchain trilemma using a sharding approach and merged mining. He also discusses the future of Quai, including its plans for ecosystem growth and partnerships with other blockchains.
Quai is the only scalable Proof of Work blockchain with EVM-compatible smart contracts. It aims to tap into the compute economy and revolutionize Proof of Work. The project has a global community, with active participation from miners in Vietnam, Europe, and Texas. Quai is focused on making mining more accessible, particularly with GPUs, and aims to utilize renewable energy sources for mining. The team is committed to building a decentralized and freely accessible system that provides an alternative to government-controlled currencies.
Chapters
00:00 Introduction to Quai Network and Alan Orwick
11:04 Solving the Blockchain Trilemma with Sharding and Merged Mining
28:39 The Future of Quai: Ecosystem Growth and Partnerships
35:16 Exploring Proof of Work and Its Ethos
41:36 Defending Proof of Work and Its Environmental Impact
53:00 More about Quai
Connect with Alan and Quai:
X (Twitter): @0xalank | @QuaiNetwork
YouTube: https://www.youtube.com/@QuaiNetwork
Discord: https://discord.gg/quai
Website: https://qu.ai
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Keywords
Quai Network, blockchain, crypto, Texas Blockchain, proof of work, sharding, merged mining, ecosystem growth, partnerships, Quai, scalable, Proof of Work, EVM, smart contracts, compute economy, revolutionize, global community, mining, renewable energy, decentralized, alternative currency
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