Quai Network, a Layer 1 blockchain built for scalability and decentralized innovation, announces its integration with Akash Network, a key player focused on decentralized cloud computing.
This integration combines Quai’s multi-shard blockchain tech with Akash’s decentralized computing infrastructure to enhance blockchain performance, promote “transaction efficiency, and create seamless access to decentralized resources.”
By merging Akash’s compute marketplace with Quai’s Proof-of-Work (PoW) blockchain, the integration aims to “address key challenges in blockchain infrastructure.”
It reportedly provides security, scalability, and economic “opportunities for miners, developers, and end users.”
Core benefits of the integration include:
- 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 integration is about more than just connecting technologies—it’s about unlocking the full potential of decentralized infrastructure. By 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:
“Akash is purpose-built to provide permissionless access to cloud compute, and Quai’s vision for scalable and decentralized blockchain aligns perfectly with that. By integrating with Akash, Quai will be able to address current challenges around blockchain scalability and pave the way for a truly decentralized internet.”
This integration 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 evolution with the “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 cost-effective and scalable cloud infrastructure, Akash claims that it is “redefining cloud services for the decentralized age.”