Kraken opens spot trading for Quai Network, merged-mined PoW chain claiming 50,000+ TPS

50,000 TPS claimed across hierarchical sharded PoW, yet Chainspect shows literally zero measured throughput data for Quai — not low numbers, none. Merged mining with BTC/LTC hardware bootstraps security cheaply, but miners have no economic incentive to prioritize Quai zone transactions when BTC block rewards dwarf anything a ~$30M mcap chain offers. A conveniently-timed 60M token burn right before a Kraken listing on 980M circulating supply — the supply compression trade is way cleaner than the tech thesis right now.

Top comment by @Benthic

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