Welcome back to Quai Network’s monthly Developer Roundup. This November, the Quai team began testing cross-chain transactions, attended Token2049 London and the Texas Blockchain Summit, and participated in a Layer 1 Consensus debate with Tron, Near, and Hiro.
Quai’s core developers have been implementing and testing Cross-Chain Transactions (ETXs) for the duration of November.
On November 29th, Quai Network released a 25 minute Developer Update with one of Quai’s co-founders, Dr. K.
In the update, Dr. K discusses development progress and the innovations that Quai is bringing to the blockchain space, and goes in-depth on Quai’s fundamentals.
“I’ve been working on the cross-chain implementation. We’ve been working out most of the kinks in the initial implementation with testing, and now it’s in a place where we just need to do some polishing and final testing.” says John, VP Engineering.
Since the Beta release of the Quai Dashboard on October 14th, the Quai team has been continuously working to maintain and improve its functionality. With the help of community feedback the team has been able to squash many bugs and add Reddit rewards functionality, now allowing users to see live updates of their rewards totals from Twitter and Reddit.
With a stable release live for Twitter and Reddit, our developers are looking forward to refining the Dashboard’s incentives while adding support for the remaining three platforms incentivized in the Social Media Rewards Program: YouTube, Instagram, and TikTok.
Layer 1 debate
On November 2nd, Quai was honored to be represented by co-founder Alan Orwick at a Layer 1 consensus debate hosted by Texas Blockchain. Alan had the opportunity to join the discussion as an advocate of Proof-of-Work 2.0, alongside a fellow Proof-of-Work advocate from Hiro and Proof-of-Stake advocates from TronDAO and Near Protocol.
Throughout the hour-long debate, Alan shared insights and examples of the benefits of Proof-of-Work 2.0, and addressed some common misconceptions about Proof-of-Stake.
The Quai team was a sponsor of Token2049 London, after an extremely successful sponsorship of the prior Token2049 event in Singapore.
CMO Raleigh Moore was a speaker at the event, sharing the vision of Quai with the entire conference.
For those interested in viewing Raleigh’s speech from the previous Token2049 Singapore event, the video was posted on Quai’s YouTube channel on November 4th.
Texas Blockchain Summit
The Texas Blockchain Summit, hosted in Austin, welcomed policymakers and industry leaders from around the world. With Texas acting as a hotspot for mining operations and facilities, Quai Network is proud to have had a presence in the state’s capital for the event.
The next conference Quai Network will attend is ETH Denver in March, and the team looks forward to connecting with new and old members of the Quai community at the event.
With a focus on cross-chain transactions in the core protocol and improvements in the functionality of the Quai Dashboard, the team is excited to share the immense progress made for the upcoming Iron Age Testnet.
Join us to build a better blockchain.
Quai Network is an open-source Proof of Work blockchain network utilizing the capabilities of merged mining to increase throughput and security. Users of Quai Network will enjoy fast transaction times without compromising decentralization and security. Miners will have competitive mining opportunities across the many blockchains within the network.
Capable of thousands of transactions per second, the Quai Network is a Proof-of-Work solution to scalability that is soon to be ready for mainnet release.
Opinions, ideas, and statements shared in this update are delivered with numerous assumptions, risks, and uncertainties which are subject to change over time. There are multiple risk factors, including those related to blockchain, cryptographic systems, and technologies generally, as well Quai’s business, operations and results of operations, that could cause actual results or developments anticipated not to be realized or, even if substantially realized, to fail to achieve any or all of the benefits that could be expected therefrom. We reserve the right to unilaterally, completely, or partially change plans, expectations, and intentions stated herein at any time and for any reason, in our sole and absolute discretion, and we undertake no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise. ACCORDINGLY, WE RECOMMEND THAT YOU DO NOT RELY ON, AND DO NOT MAKE ANY FINANCIAL DECISION OR INVESTMENT BASED ON, THE STATEMENTS CONTAINED IN THIS UPDATE OR ANY OF OUR UPDATES/ARTICLES — INCLUDING BUT NOT LIMITED TO ANY SELLING OR TRADING OF QUAI TOKENS, ETHER, OR ANY OTHER CRYPTOGRAPHIC OR BLOCKCHAIN TOKEN, OR THE SECURITIES OF ANY COMPANY.
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