🔊 Did You Know 🙋‍♂️
👉 The #QuaiNetwork protocol has two different native tokens: $Quai & $Qi.
👉 Learn more about the two-token system of #QuaiNetwork in this thread
🧵
1️⃣ This two-token system is designed to encourage the usage of Qi as a medium of exchange, while still accommodating for store-of-value and programmable money use-cases with Quai.

2️⃣ The word #Quai translates as
colloquial word for money, equivalent to “buck” or “quid” in English.
👉 #Qi word refers to a concept of "energy" or life force ✨
3️⃣ Both these tokens are issued by the Quai protocol and functions as Gas ⛽ token on their respective chains ⛓️
👉 Quai -> Programmable Quai Chain
👉 Qi -> Fixed denomination UTXO Qi chains

4️⃣ Both of these tokens bought into circulation via work-based consensus process (PoEM) that secures the network ⛓️
👉 Quai and Qi tokens serve as incentives for miners in the form of block rewards 🌟

5️⃣ A fully automated mechanism is built into the protocol that allow users to convert
the Qi and Quai using a mint/burn function at the current block reward ratio ✨

#HotTrends #ID #CryptoNews🚀🔥

🔊  Exciting Announcement for #QuaiNetwork enthusiasts 🌟
👉 You can now deploy tokens and NFT contracts on the QuaiNetwork Testnet and interact with them without ANY coding knowledge or experience!
👉 A simple guide to deploy tokens in this thread 👇
🧵

1️⃣ First of all you need decentralized wallet to test any application.
👉 Install PelagusWallet 

2️⃣ After you install @PelagusWallet add Cyprus1 address.

3️⃣ After you add Cyprus1 address, visit: faucet.quai.network to receive #QUAI Testnet tokens ⏬
Or
👉 Drop your wallet address in Quai discord in testnet-discuss channel 👀

4️⃣ Now you are fully ready to deploy tokens and NFT contracts on the QuaiNetwork Testnet 🌟
👉 First visit:
quai-no-code-deployer.vercel.app

5️⃣ Connect your wallet and navigate to Token Deployer ✨
👉 Enter token name, Token symbol and Token Supply of your choice ✨

6️⃣ Click on deploy button and sign the transaction ✅
👉 Wait for transaction to be confirmed ✨

7️⃣ Once the transaction got confirmed ✅
A popup message will be displayed saying your token will be deployed successfully ✨🤩

8️⃣ Now click on view explorer and copy the contract address ✅

9️⃣ After that open Pelagus wallet and click on add custom asset

🔟 Here paste the contract address of token that you just deployed ✨
👉 And click on Add asset

1️⃣1️⃣ Hurray 🤩
👉 Your custom asset is successfully added in Pelagus wallet ✨

1️⃣2️⃣ If you want to use your token in IceCream_Swap for swapping then head over to quai. icecreamswap. com 🌐
👉 Navigate into tokens section, Click on manage and paste your deployed tokens contract address to add it in IceCreamSwap token list ✨
👉 Select Add Liquidity tab
👉 Approve your token and sign the transaction ✅

1️⃣3️⃣ Now click on supply and sign the transaction on Pelagus wallet ✨

1️⃣4️⃣ Once the transaction got confirmed your Liquidity will be supplied ✅

1️⃣5️⃣ Now you can swap Quai tokens for your custom token that you just deployed with no code deployer 🤩

👉 If you like the thread 🧵
Follow me for more such contents @Abhijeetcg
#bitcoinhalving #BullorBear #cpi #BinanceLaunchpool

🔊 Exciting Announcement for QUAI enthusiasts 🌟
👉 QuaiNetwork Ecosystem is Growing rapidly 🤩
💎 Golden Age Testnet is approaching very soon! Position yourself to test Quai ecosystem applications 👀
A Detailed thread 👇
🧵
1️⃣ First of all you need decentralized wallets to test any application.
👉Install PelagusWallet and koalawallet 

2️⃣ After you install PelagusWallet add Cyprus1 address.
3️⃣ After you add Cyprus1 address, visit: faucet .quai. network to receive #Quai Testnet tokens ⏬
💎 Now you are fully ready to test Quai ecosystem applications 🤩

4️⃣ There are two NFT Marketplaces on #QuaiNetwork ✨
👉 quaimark .com
👉 marginex .app

5️⃣ There are many excellent collection of #NFTs in the Marketplaces 👀
👉 Some are:-
Quaiminers 
Diversesnfts
Quaifaces

6️⃣ For Gaming lovers, here is an excellent decentralized game 🎮 to play ▶️
👉 quaibattle .lol
👉 Enjoy playing the game ✨

7️⃣ If you love to test DEXs then icecreamswap Dexcheck are currently integrating into QuaiNetwork 🌟
👉 Soon you are able to enjoy swaping, lending and borrowing on Quai 👀
👉icecreamswap .com
👉dexcheck .ai/app

8️⃣ Be part of Blockchain revolution with 💎
#TrendingTopic #ai #Aevo

🔊 Did You Know 🙋‍♂️
👉 #QuaiNetwork utilizes Execution Sharding to achieve incredible Scalability with the user of Proof-of-Work ✨
👉 Learn more about Execution Sharding in this thread 🧵
1️⃣ Execution Sharding is a method of blockchain scalability that divides a blockchain into many "shards" with distinct state and VMs, that can process transactions in parallel.

2️⃣ #QuaiNetwork utilizes multithreaded blockchain network for parallel processing of transactions, it helps to validate and confirm transactions simultaneously through the decoupling of local consistency and global consensus ✨
3️⃣ In very simple way execution sharding means running many interconnected blockchains in parallely on a single network through merged mining mechanism ⛏️
The merged mining mechanism is form of Proof-of-Work where a single miner mines multiple blockchains simultaneously.

4️⃣ The Quai Network co-ordinate with these distinct shards with a unique hierarchical structure and merged mining to achieve incredible Scalability without increasing node requirements ✨
5️⃣ The execution sharding helps to permanently maintain very low transaction fee ⛽
6️⃣ During Iron Age Testnet QuaiNetwork
successfully utilizes execution sharding, and also the first time a permissionless, work-based system has processed 2,000+ TPS in a live environment. ✨

#HotTrends #BTC #sol #WIF

🔊 Did You Know 🙋‍♂️🌟 Bitcoin - Digital Gold 🌟 Ethereum - Digital Finance🌟 USDC/USDT - Digital Cash👉 #QuaiNetwork enables all 3 of these value props on a single unified Layer 1 ✨👉 The QuaiNetwork protocol proposes two different native tokens: Quai & Qi ✨👉 This two-token system is designed to spur the usage of Qi as a medium of exchange, while still accommodating for store-of-value and programmable money use-cases with Quai 🌟💎 #QuaiNetwork creates the world’s first truly independent Financial System ✨🌟 Be part of #Blockchain revolution with #Quai 💎#TrendingTopic #BTC #Portal