XCH Chia Network
Source: XCHUSD Chart by TradingView
Chia Network Background
Chia Network was incorporated in August of 2017 to develop an improved blockchain and smart transaction platform. Chia will be the first enterprise-grade digital money. Chia is using the first new Nakamoto consensus algorithm since Bitcoin called Proof of Space and Time. It was created by Bram Cohen, a network protocol engineer and the inventor of BitTorrent. Chialisp is Chia’s new smart transaction programming language that is powerful, easy to audit, and secure.
Reference smart transactions currently available are: atomic swaps, authorized payees, recoverable wallets, multisig wallets, and rate-limited wallets.
Chia Network News
Chia Network will help Costa Rica track climate change
Costa Rica and Chia Network have signed an MOU that would see the crypto company handle its climate change movement.
‘Green mining’ crypto Chia Network causes HDD revenues to skyrocket by 240%
The demand for HDD and SSD cards in the European market explodes as major manufacturers see their stocks get boosted by sales.
‘Green mining’ crypto maker Chia Network valued at $500 million ahead of possible IPO
The company behind cryptocurrency Chia has raised $61 million via a Series D funding round led by Andreessen Horowitz and Richmond Global Ventures.
Chia Network Intelligence
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