Technology is evolving everyday, new innovations bring disruption and replace the old one. Technology has transformed humans from an uncivilized state to civilized state. Thanks to a new revolutionary technology called Blockchain. The core technology behind #Bitcoin. It's immutable, incorruptible and unhackable nature makes it more superior than any other existing technology. Blockchain has the capability to transform every sphere of our society, that's why the world is giving a very special attention to adopt it in every business workflow.

Proof-of-Work (PoW) has been used to secure blockchains like Bitcoin. But in recent years the PoW has been criticised for it's energy usage. To address these concerns Quai Network has introduced Proof-of-Work 2.0, a revolutionary consensus mechanism that transforms the capabilities of the original Proof-of-Work while retaining its unmatched decentralization and security.

What is Proof-of-Work 2.0?

Proof-of-Work 2.0 utilizes the combination of merged mining and sharding, allowing miners to secure multiple blockchains with the same hashpower. PoW2 enables Quai Network’s 13 chain hierarchy, letting all miners secure the Prime Chain while simultaneously producing blocks on subordinate Region and Zone chains.

These Region and Zone chains will maintain the same level of security as Prime Chain. Quai Network’s coincident blocks has enough work to valid the exchange of information across the chains and also provide linked security between decentralized bridges.

Advantages of Proof-of-Work 2.0

🔸 Increases Block Throughput

🔸 Highly Decentralized

🔸 Carbon Neutral

🔸 Low-Fee Ecosystem

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