XCH Chia Network
Source: XCHUSD Chart by TradingView
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.
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