 | A major contributor to this article appears to have a close connection with its subject. (May 2021) |
&sq=Facebook&lang=en&file=File:Chia_cryptocurrency_logo.svg){kind=logo} Chia's logo | |
| Denominations | |
|---|---|
| Code | XCH |
| Precision | 1012 |
| Development | |
| White paper | www |
| Initial release | 1.0.0 / 17 March 2021 |
| Latest release | 2.3.0[1] / 1 May 2024 |
| Code repository | github |
| Development status | Active |
| Written in | Python |
| Operating system | Microsoft Windows, macOS, Linux, Raspberry Pi OS |
| Developer(s) | Chia Network Inc. |
| Source model | Open source |
| License | Apache License |
| Ledger | |
| Ledger start | 19 March 2021 |
| Timestamping scheme | Proof of space and time |
| Block time | About 18.75 seconds |
| Block explorer | spacescan |
| Website | |
| Website | www |
Chia is a cryptocurrency where mining (or farming, in Chia parlance) is based on the amount of hard disk storage space devoted to it rather than processing power as with proof of work cryptocurrencies such as Bitcoin. The platform was created by a California based company called Chia Network Inc. The Chia Network was founded in 2017 by American computer programmer Bram Cohen, the author of the BitTorrent protocol.[2] In May 2021, Chia Network raised a $61 million investment, valuing the company at about $500 million. The same month, the company announced plans to conduct an IPO before the end of 2021.[3][4][5] As of 2023, Chia had filed a draft registration with the Securities and Exchange Commission towards an IPO.[6]
- ^ https://github.com/Chia-Network/chia-blockchain/releases [bare URL]
- ^ Benveniste, Alexis (6 May 2021). "This crypto claims to solve bitcoin's biggest problem". CNN Business. Archived from the original on 15 May 2021. Retrieved 15 May 2021.
- ^ "Blockchain Startup Chia Nabs $500 Million Valuation, Eyes IPO". Bloomberg. Archived from the original on 24 May 2021. Retrieved 25 May 2021.
- ^ "Chia, the 'green' Bitcoin alternative, looks to IPO as early as this year". Fortune. Archived from the original on 25 May 2021. Retrieved 25 May 2021.
- ^ "Green crypto startup Chia Network doubles its valuation to $500 million and is mulling an IPO, report says". Business Insider. Archived from the original on 25 May 2021. Retrieved 25 May 2021.
- ^ Miller, Hannah (14 April 2023). "Crypto Startup Chia Network Files Confidentially for IPO". Bloomberg. Retrieved 6 June 2023.