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CryptoNews Podcast

#389: Alan Orwick, Co-Founder of Quai Network, on Energy-tied Stablecoins and Proof-of-Work Blockchains

21 Nov 2024

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Alan Orwick is the Co-Founder of Quai Network, the only fully scalable and programmable Proof-of-Work Layer 1 designed for global commerce. He also serves as the CEO of Dominant Strategies, the development behind Quai Network devoted to building blockchain tooling and infrastructure. Previously an Apple software engineer, Alan is committed to continuing to innovate the Quai Network with his engineering skills. His passion for blockchain technology began while he was a student at the University of Texas at Austin, where he founded Texas Blockchain, a student-led blockchain club. In this conversation, we discuss:- Quai’s Proof-of-Work mechanism doubles as an economic oracle, linking token value directly to real-world energy costs and demand- Energy-tied stablecoin model- Creating a more efficient stablecoin- Proof-of-Work consensus mechanisms- L1s own the whole end-to-end tech stack- Mainstream political engagement- Educating lawmakers on Crypto- Technology vs. Politics- Polymarket’s power in future elections- Founding Texas Blockchain Club- Quai’s Final Testnet Launch - 32,000 GPUs online mining Quai- The intersection of crypto + AI + DePINQuai NetworkWebsite: qu.aiX: @QuaiNetworkTelegram: t.me/QuaiNetworkAlan OrwickX: @0xalankLinkedIn: Alan Orwick ---------------------------------------------------------------------------------  This episode is brought to you by PrimeXBT.  PrimeXBT offers a robust trading system for both beginners and professional traders that demand highly reliable market data and performance. Traders of all experience levels can easily design and customize layouts and widgets to best fit their trading style. PrimeXBT is always offering innovative products and professional trading conditions to all customers.   PrimeXBT is running an exclusive promotion for listeners of the podcast. After making your first deposit, 50% of that first deposit will be credited to your account as a bonus that can be used as additional collateral to open positions.  Code: CRYPTONEWS50  This promotion is available for a month after activation. Click the link below:  PrimeXBT x CRYPTONEWS50

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