Chia (XCH) is a coin circulating on Chia Network \u2014 a radically new blockchain platform created by BitTorrent\u2019s inventor Bram Cohen. Chia is governed by Chia Network Inc., a company with a plan to go public and an ambitious goal to make Chia an \u201centerprise-grade digital money.\u201d Chia Network is a so-called Level 1 solution, like Bitcoin or Ethereum, since it doesn\u2019t utilize the existing infrastructure and the whole network is built from scratch, including Chialisp \u2014 a smart transaction programming language. The main feature making Chia different is the new consensus protocol called Proof of Space and Time. It demands that the network\u2019s participants either use the empty space on their hard drives for farming (as it\u2019s called, instead of Chia mining) or solve more computationally-intensive puzzles (for \u201ctime\u201d). Farmers can join the network with as little as 100 Gb of space. This makes Chia farming a lot more accessible for the average person than Bitcoin or Ethereum mining, which demands using special equipment and carries massive energy costs. Very low energy usage is another advantage of Chia, which prides itself on being green.Chia hasn\u2019t had an ICO and instead was pre-farmed for a while before its mainnet\u2019s launch in 2021, after which its transfers became available. There is no cap on the total amount of Chia, but it\u2019s expected to undergo halvings every 3 years.Chia enabled trading on May 3, 2021, which saw the currency off to a great start, surging to the all-time high of ~$1934. Later the price floundered a little, but still, Chia enjoyed high prices through most of the first half of May, especially towards mid-month \u2014 probably in the aftermath of Elon Musk\u2019s remarks about the Bitcoin\u2019s energy consumption, thanks to Chia\u2019s clever positioning as a green alternative to Bitcoin. Despite reaching such\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Chia (XCH) is a coin circulating on Chia Network \u2014 a radically new blockchain platform created by BitTorrent\u2019s inventor Bram Cohen. Chia is governed by Chia [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/4796"}],"collection":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/comments?post=4796"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/4796\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/media?parent=4796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/categories?post=4796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/tags?post=4796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}