EPISODE · Jun 29, 2026 · 1H 14M
Oct 15, 2025 | Tech AMA with Dr. K - Proof of Work with Buybacks (SOAP) | Quai Network X-Space AMA
from The Quai Network AMA (X Space) Archive
In this week's Quai Network Tech AMA, the community gathers on X and Discord for an in-depth session with Dr. K to unpack the mechanics, economics, and game-changing security benefits of Project SOAP (Subsidized Open-market and Acquisition Protocol). From utilizing underutilized hash rate to creating a positive feedback loop for token economics, this episode covers how Quai Network is reshaping the competitive landscape of Proof-of-Work.Key Highlights From This Episode:Project SOAP & Merge Mining Overview: Dr. K breaks down how SOAP builds upon traditional merge mining. While miners secure two networks simultaneously using the same hash power, the rewards from the subsidy chain (like Ravencoin, LTC, or Bitcoin Cash) are routed to a foundation address to buy Quai at market price, netting mining sell pressure to zero.The Virtuous Cycle of Growth: A deep dive into how changing the mining feedback loop from negative to positive allows price growth to drive hash rate, which in turn drives further price appreciation, removing the reliance on purely exogenous market factors.Reward Allocation & Sustainability: Explanation of the initial strategy where nearly 100% of the purchased Quai will be directed toward staking rewards to maximize capital inflow, alongside a discussion on how the foundation will balance this over time with deflationary burns for long-term sustainability.Staking Smart Contract Mechanics: A preview of the upcoming SOAP staking structure, targeting an initial 30-day lock-up period where pro-rata rewards are calculated daily and distributed starting on the 31st day.Technical Integration & AUXPOW Compatibility: Dr. K answers deep-dive community questions regarding BIP-34, Merkle roots, and how SOAP's algorithmic structure ensures seamless compatibility with existing mining pool software via AUXPOW.The Migration to KawPow: An urgent callout for current Quai miners to prepare for the upcoming transition from ProgPow to KawPow pools, highlighting that the network integration is already underway with major pool operators.For more technical updates, deep dives, and articles, check out Quai Magazine.===============================Stay connected with Quai Network:Website: https://qu.ai/Docs: https://docs.qu.ai/learn/introductionX (Twitter): https://x.com/QuaiNetworkDiscord: https://discord.gg/quai===============================Stay connected with Quai Magazine:X (Twitter): https://x.com/QuaiMagazineTelegram: https://t.me/QuaiMagazineMedium: https://medium.com/@quaimagazineRSS Feed: https://rss.com/podcasts/quaimagazineInstagram: https://www.instagram.com/quaimagazine/
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Oct 15, 2025 | Tech AMA with Dr. K - Proof of Work with Buybacks (SOAP) | Quai Network X-Space AMA
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