Chia: Sustainable blockchain with Proof of Space and Time.
Chia is an open-source blockchain using Proof of Space and Time, with smart contracts, its native token XCH, and customizable assets called CATs.
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What is Chia Network (XCH)?
Founded in 2017 by the creator of BitTorrent, Chia was developed with the goal of creating a blockchain and smart contract platform that surpasses existing competitors. It aims to improve the global payments system in a more sustainable and secure manner. Chia is open-source, encouraging contributions from developers and the community in areas such as research, peer review, translation, and more. This flexibility makes it a highly adaptable blockchain, influenced by its user base. Chia employs a novel consensus mechanism called Proof of Space and Time. Proof of Space requires validators to demonstrate they have unused hard drive storage, which is used to store 'plots' containing cryptographic numbers used in the consensus. To ensure network security, Proof of Space is combined with Proof o...
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Chia Network price live information
As of now, Chia Network is trading at 6.74 USD, with a 24-hour trading volume of approximately 1.42M USD. The XCH to USD price is updated in real time. Over the past 24 hours, Chia Network has increased by 0.72%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 97.68M USD. Currently, there are 14 492 179 XCH in circulation out of a maximum supply of 32 867 325 XCH.
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