Episode #86:Meet the Startup Redefining Blockchain Speed and Decentralization
Tech Optimist Podcast — Tech, Entrepreneurship, and Innovation
In this episode of the Alumni Ventures Tech Optimist Podcast, co-founder Alan Orwick discusses Quai Network’s innovative approach to blockchain scalability and decentralization. Using a unique proof-of-entropy consensus mechanism and a three-by-three hierarchical chain structure, Quai achieves 50,000 transactions per second, addressing the blockchain “trilemma” of scalability, security, and decentralization. With $15 million in funding, Quai is also introducing an energy-based stablecoin, pushing the boundaries of blockchain technology and digital currency.
Tech Optimist Episode #86: Meet the Startup Redefining Blockchain Speed and Decentralization
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In this Meet the Startup episode of the Alumni Ventures Tech Optimist Podcast, we spotlight Quai Network, a trailblazer in blockchain scalability and decentralization. Co-founder Alan Orwick joins host Ray Wu to share how Quai’s innovative approach, including their groundbreaking proof-of-entropy consensus mechanism and three-by-three hierarchical chain structure, achieves an astounding 50,000 transactions per second.
Watch Time ~25 minutes
The show is produced by Alumni Ventures, which has been recognized as a “Top 20 Venture Firm” by CB Insights (’24) and as the “#1 Most Active Venture Firm in the US” by Pitchbook (’22 & ’23).
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Creators and Guests
HOST
Ray Wu
Managing Partner at Alumni Ventures
Ray is a seasoned venture capitalist with over 20 years of investing experience across a wide range of industries and geographies. Before joining Alumni Ventures, Ray was a partner and adviser at several global venture funds focusing on AI, Web3, FinTech and SaaS investment opportunities across the U.S. and Asia Pacific. Earlier, he spent more than 10 years in the corporate venture space: He was the managing director of HP’s new business ventures, responsible for startup technology evaluation, new business incubation, VC relationships, and minority investments, and earlier at Cisco Systems, holding several senior positions leading investment, M&A, internal incubation, and global consulting. Previously, Ray was a managing partner of a leading Internet consulting firm working with Fortune 1000 companies across North America. He earned a dual MBA degree from the University of California, Berkeley and Columbia University.
GUEST
Alan Orwick
Co-founder of Quai Network
Alan Orwick is Co-Founder of Quai Network. Which is building a blockchain that combines the best features of foundational blockchain architecture (Layer 1) such as Ethereum and overlay (L2) networks like Polygon to improve performance and scalability while maintaining security and decentralization.
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