Quai Network launches $QI: The first decentralized energy dollar to come out

The PoEM project Quai Network announced today that the world's first decentralized energy stablecoin, $QI, has officially started mining. This innovative achievement, which lasted six years of research and development and has undergone multiple rounds of test network verification, marks the official opening of a new era of deep integration of digital currency and physical energy values.

The core features of $QI

• Decentralized energy support: $QI, as a flat-coin, is supported by a global network of miners and adopts a decentralized monetary policy;

• Energy-based valuation: Its creation is proportional to network mining computing power and energy demand, making $QI the real energy base currency;

• Cash-like privacy protection: A fixed denomination is achieved in UTXO ledger and a non-address reuse mechanism enforced by the agreement, providing privacy features similar to entity cash;

• Zero initial supply: The token economic model starts with 0 initial supply, and the issuance volume is directly proportional to the network computing power.

Profit Opportunities

• Mining: Miners can earn $QI by setting preferences in go-quai nodes or connecting to decentralized pools via stratum

• Conversion: Users can convert existing $QUAI to $QI through the market making function in Pelagus wallet

• Future expansion: The packaged version of $QI will soon be launched on the EVM-compatible $QUAI ledger, enabling it to exchange with any tokens on the Quai Network via a decentralized exchange

Token Economy and Lockdown Period

$QI adopts the same default two-week lock-up period as $QUAI, which means that the initial supply will not be circulated until this period expires. In the future, miners will have the option to extend the lockdown period to receive additional rewards.

"The launch of $QI represents a fundamental innovation in the cryptocurrency space - creating the world's first truly decentralized energy dollar," said Alan Orwick, co-founder of Quai Network. "This achievement builds on our successful launch of $QUAI, demonstrating our commitment to developing blockchain solutions that connect digital assets directly to real-world energy values."

About Quai Network

Quai Network is pioneering scalable and energy efficient blockchain technology through its innovative Proof of Entropy (PoEM) consensus mechanism. The network uniquely combines execution sharding, parallel processing and layered merge mining architectures to provide excellent throughput while maintaining decentralization and security.