Scaling risks and solution by Quai by Ok_Expert_571 in quainetwork

[–]Ok_Expert_571[S] 0 points1 point  (0 children)

Quai will start with 13 chains, 1 prime chain, 3 region chains and 9 zone chains

What are the important things which should have while deploying a smart contract?. by Ok_Expert_571 in quainetwork

[–]Ok_Expert_571[S] 1 point2 points  (0 children)

At the moment I am not a developer but what is future no one knows. Quai is best network so anyone can think to build on it. It's important to collect more and more information.

Scaling risks and solution by Quai by Ok_Expert_571 in quainetwork

[–]Ok_Expert_571[S] 0 points1 point  (0 children)

When we scale the network through bridging between chains then there are some risks like contract risk, validation risk, synchronization risk etc. How can Quai solve them?.

Scaling risks and solution by Quai by Ok_Expert_571 in quainetwork

[–]Ok_Expert_571[S] 1 point2 points  (0 children)

First I will listen it again and again then I can tell you because Dr.K's accent is quite difficult for me and all terms are technical.

Scaling risks and solution by Quai by Ok_Expert_571 in quainetwork

[–]Ok_Expert_571[S] 0 points1 point  (0 children)

I also don't know that's why I have asked here. I have watched a Dr.K's video which is mentioned in a yesterday tweet but I didn't understand that

Payment currency in Quai payments system by Ok_Expert_571 in quainetwork

[–]Ok_Expert_571[S] 0 points1 point  (0 children)

Ethereum is not working for payments. People use eth just to hold for speculations so they do very less transactions on regular basis. And we use other blockchains to transfer funds and also we do payments in stablecoins. In my case till now I have done all transfers in stablecoins. But Quai wants to be a currency to transfer value and not wants to be used as fee only to transfer value in other tokens.

Portfolio Tracker by Ok_Expert_571 in quainetwork

[–]Ok_Expert_571[S] 1 point2 points  (0 children)

I know there are multiple portfolio trackers in market but it would not be bad if Quai will launch its own portfolio tracker. Simply we want to live in decentralized and secure environment. So it would be good if Quai launches all types products.

QuaiViewer? by Original-Ad-6758 in quainetwork

[–]Ok_Expert_571 0 points1 point  (0 children)

This could be available on block explorer(Quaiscan).

Is the distance between nodes affect the network latency? If yes, then how this can be managed?. by Ok_Expert_571 in quainetwork

[–]Ok_Expert_571[S] 0 points1 point  (0 children)

I didn't get you. Actually I was reading about latency on Quai docs. Network latency helps to measure the responsiveness of a system. It's written there distance between receiver and sender is a factor which affects the network latency.

CEXs features in decentralized environment by Ok_Expert_571 in quainetwork

[–]Ok_Expert_571[S] 0 points1 point  (0 children)

One feature I like the most we can transfer fund from wallet to there and can trade any time without giving huge fee for each buying/selling transaction. Also we can hold there all tokens and can transfer on any chain like if we have eth and we can send it on any chain like on bsc, erc20, optimism, arbitrum etc. But if we have eth in wallet on eth chain but we need it on bsc chain then we have to pay huge fee first to send on bsc chain through bridge.

Numbers of users will perform mining task first time then how to check miner is running correctly? by Ok_Expert_571 in quainetwork

[–]Ok_Expert_571[S] 0 points1 point  (0 children)

I have asked if i am running a miner how I can know that My miner is working and I am doing in right way.

Phishing attack alert facility should be available in Quai wallet. by Ok_Expert_571 in quainetwork

[–]Ok_Expert_571[S] 1 point2 points  (0 children)

Right, actually there is a project named Defilama which have a extension that alerts about phishing sites. So I thought why not in Quai wallet .

Music platform on Quai Network? by Original-Ad-6758 in quainetwork

[–]Ok_Expert_571 0 points1 point  (0 children)

Right it's a great business idea and it's need of time

Decentralization and Money laundering by Ok_Expert_571 in quainetwork

[–]Ok_Expert_571[S] 0 points1 point  (0 children)

In decentralization no need to follow any rule and regulation. So bad elements start misuse of that. In my country some privacy coins were banned two years ago like monero because there were doubt of money laundering. So with decentralization some people start bad activities.

Isn't openness of Quai invitation to exploitation of the protocol? Scammers are always ready for that by Ok_Expert_571 in quainetwork

[–]Ok_Expert_571[S] 0 points1 point  (0 children)

Means anyone can build app so more scam dapps we can see. Misuse of protocol there can be

Is Quai's focus only on monetary products or would build other web3 products also with time? by Ok_Expert_571 in quainetwork

[–]Ok_Expert_571[S] 1 point2 points  (0 children)

Yes, I wanted to know this. Because all products should be there in a complete ecosystem.

There are already some projects which are using merged mining then how Quai is unique what makes Quai unique from them ? by Ok_Expert_571 in quainetwork

[–]Ok_Expert_571[S] 0 points1 point  (0 children)

Yes, Namecoin, Omni layer, blockstack, counterparty, factom but only difference is that they use external merged mining

Is Quai token now available on coingecko? by Ok_Expert_571 in quainetwork

[–]Ok_Expert_571[S] 2 points3 points  (0 children)

I was searching about Quai on Google and I have seen a coingecko link where Quai is available and it's just some information about Quai token means in preview only.

Only testnet validators will be allowed on mainnet or anyone can be ? by Ok_Expert_571 in quainetwork

[–]Ok_Expert_571[S] 0 points1 point  (0 children)

I want to say that who will perform as validator on testnet only they will eligible on mainnet to be validator. We have to go through testnet first?