Quai Network, a Layer 1 blockchain built for scalability and decentralized innovation, announces a partnership with Akash Network, a key player focused on decentralized cloud computing.
This collab merges Quai’s “multi-shard” blockchain tech with Akash’s decentralized computing infrastructure to enhance blockchain performance, enable transaction efficiency, and create access to decentralized resources.
This partnership addresses challenges in blockchain infrastructure by combining Akash’s compute marketplace with Quai’s Proof-of-Work (PoW) blockchain.
It reportedly offers security, scalability, and economic opportunities for miners, devs, as well as end-users.
Core benefits of the partnership:
- Decentralized Compute for Mining: Akash nodes will support Quai’s PoW consensus mechanism, enabling decentralized mining and reinforcing Quai’s network security.
- Transaction Performance: Leveraging Akash’s global computing resources, Quai will achieve reduced latency and increased transaction throughput, setting a new standard for blockchain efficiency.
- Arbitrage Opportunities: Akash nodes will facilitate seamless arbitrage between Quai Network’s dual-token system, $QUAI, and $QI, providing miners and users with new economic incentives.
- Marketplace Integration: Quai-related services and dApps will be deployable on Akash’s decentralized compute marketplace, reducing barriers for developers and promoting decentralization.
- Scalability and Security: Akash’s distributed infrastructure will bolster Quai’s capacity to handle increased transaction volumes while maintaining robust security.
Alan Orwick, Co-Founder of Quai Network said:
“This partnership is about more than just integrating technologies—it’s about unlocking the full potential of decentralized infrastructure. Combining Quai’s scalable blockchain with Akash’s decentralized compute, we’re building a foundation for the next generation of Web3 applications while delivering tangible benefits to miners, developers, and the broader ecosystem.”
Greg Osuri, CEO of Akash Network said:
“Our mission at Akash is to democratize cloud computing, and Quai’s vision for scalable and decentralized blockchain aligns perfectly with that. Together, we’re addressing current blockchain challenges and paving the way for a truly decentralized internet.”
This partnership reflects a commitment to advancing decentralized infrastructure, providing real-world solutions for the blockchain ecosystem, and driving innovation “across AI, Web3, and decentralized finance applications.”
As noted in the update, Quai Network is reigniting the crypto revolution with the first scalable and programmable Proof-of-Work blockchain.
Utilizing the Proof-of-Entropy-Minima (PoEM) consensus mechanism, Quai offers speed, efficiency, and decentralization, “driving blockchain innovation at scale.”
As mentioned in the announcement, Akash Network is a decentralized cloud computing platform providing developers with “access to a global, distributed marketplace for compute resources.”
By enabling “scalable” cloud infrastructure, Akash claims that it is redefining cloud services for the decentralized age.