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Quai Network realizes multi-chain through Wormhole, $QUAI/$QI supports native cross-chain

Source: PANews
According to official news on September 10, Quai Network announced that it has officially connected to the Wormhole. Quai will utilize Wormhole’s core message layer to achieve seamless asset transfer from more than 40 chains to its scalable PoW ecosystem, and push $QI and $QUAI to multi-chain native deployment through Wormhole’s NTT (Native Token Transfers) standard. Quai is the world's first energy-based monetary system network. It is composed of sharded EVM-compatible blockchains and adopts the innovative Proof-of-Entropy-Minima (PoEM) consensus, claiming to reach 255,000 TPS without sacrificing decentralization. $QUAI is native tokens and $QI is a decentralized "energy dollar", aiming to build a stable and low-cost environment for payment, DeFi, SocialFi, NFT and other scenarios. Wormhole NTT (Native Token Transfers) is an open and composable multi-chain native token transfer standard. It can realize cross-chain migration of tokens without relying on traditional cross-chain liquidity pools, retaining the metadata and supply characteristics of tokens, reducing handling fees and operational complexity. It is reported that this integration means a significant improvement in ecological interoperability: users can use $QUAI and $QI more conveniently directly on more mainstream chains. Developers can build dApps with native tokens in a multi-chain environment, reducing the burden of bridging and liquidity management, and ecological applications will be easier to access existing wallets and infrastructure, thereby promoting the availability and popularity of Quai and expanding their influence on the entire crypto ecosystem.
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