X

Feedback + Support

Need Assistance? Notice something missing or broken? Let us know!

Press esc to dismiss

project icon for chia

Chia

CHIA
n/a

Bram Cohen’s Chia is a cryptocurrency targeted at enterprises, aiming to utilize consumer storage to generate proofs of space and provide little incentive to build ASICs.

Overview

Project Stage

Outline status icon

Amount Raised

Market Cap

Sector

Cryptocurrency

Blockchain

Native token icon

Chia

Funding Source

Project Profile

Chia is an open-source cryptocurrency project aiming to reduce the perceived waste in Proof-of-Work-based blockchains. Chia is a blockchain protocol aiming to support an approximately stable valued cryptocurrency based on a novel proof system named ‘Proofs of space and time’, invented by BitTorrent founder Bram Cohen. As part of the application process, developers for the Chia network participate in development competitions with a crowd-sourced set of contributors. Developers have already submitted a number of entries such as those yielding a Verifiable Delay Function (VDF) which runs 80% faster than the Chia team’s initial implementation. The project released its Green Paper in July 2019. Investors in Chia include Naval Ravikant and Andressen Horowitz.

Chia’s design, and jargon, is influenced by Bram’s previous BitTorrent protocol design, where storage space is ‘seeded’ to the network, in order to participate in proofs of space. Chia is ‘farmed’ through the usage of (previously) empty storage space to occupy proofs. Publicly verifiable proofs of sequential work were originally designed for non-interactive timestamping since validators can check a proof of an approximately predictable quantity of work. Rather than using an oracle extrinsic to the network as a reference point for public verifiability of elapsed time, participants in the Chia network can utilize VDFs computed towards the PoSpace process. In addition to requiring less-energy for significant participation in the network, the Chia protocol represents a more efficient system than Proof-of-Work mining from a resourcing perspective, since the hardware required for consensus is already in existence and can be used for other things–unlike Bitcoin ASICs. This attribute additionally benefits the network’s adoption, proliferation, and distribution, since users do not need to expend additional capital to participate.

Proof of Work depends on an economic structure that incentivizes participants to invest in hardware until the sum of the rewards they stand to gain are approximately equal to the cost of instantiating the hardware. Chia’s value proposition is partly motivated by the fact of this initial cost already being sunk since there is already an extensive pool of consumer-owned storage hardware. The project has developed and uses a programming language named Chialisp that aims to facilitate conditional payment types and what Chia refers to as smart transactions. Chialisp aims to combine the perceived benefits of Bitcoin's UTXO model, namely security and reliability with the enhanced expressiveness of Ethereum's Solidity smart contracting language.

The Chia business model essentially involves a pre-mine of the token and maintenance of a significant portion of it - which can then be loaned at interest rates determined by the Chia governing body, rather than a sale event. This confers governing members some influence over the effective cost of Chia, as money and a means of hopefully mitigating volatility of the token (to an extent). The targeted customer of these loans are global corporations, where there is an incentive to adopt in virtue of significant fee savings compared to legacy payments infrastructure for international transactions, in addition to greater security guarantees; while providing Chia with meaningful prospects of adoption - providing the low-fee transactions and security gains outweigh the initial cost of change management. Chia is still in a beta testnet phase, with no details yet offered on an expected transition to mainnet.

project icon for chia

Chia

CHIA
n/a

Bram Cohen’s Chia is a cryptocurrency targeted at enterprises, aiming to utilize consumer storage to generate proofs of space and provide little incentive to build ASICs.

Overview

STATUS

MARKET CAP

BLOCKCHAIN

TOKEN TYPE

Outline status icon
Outline
Native token icon

Chia

N/A

FUNDING SOURCE

AMOUNT RAISED

SECTOR

Cryptocurrency

Project Profile

Chia is an open-source cryptocurrency project aiming to reduce the perceived waste in Proof-of-Work-based blockchains. Chia is a blockchain protocol aiming to support an approximately stable valued cryptocurrency based on a novel proof system named ‘Proofs of space and time’, invented by BitTorrent founder Bram Cohen. As part of the application process, developers for the Chia network participate in development competitions with a crowd-sourced set of contributors. Developers have already submitted a number of entries such as those yielding a Verifiable Delay Function (VDF) which runs 80% faster than the Chia team’s initial implementation. The project released its Green Paper in July 2019. Investors in Chia include Naval Ravikant and Andressen Horowitz.

Chia’s design, and jargon, is influenced by Bram’s previous BitTorrent protocol design, where storage space is ‘seeded’ to the network, in order to participate in proofs of space. Chia is ‘farmed’ through the usage of (previously) empty storage space to occupy proofs. Publicly verifiable proofs of sequential work were originally designed for non-interactive timestamping since validators can check a proof of an approximately predictable quantity of work. Rather than using an oracle extrinsic to the network as a reference point for public verifiability of elapsed time, participants in the Chia network can utilize VDFs computed towards the PoSpace process. In addition to requiring less-energy for significant participation in the network, the Chia protocol represents a more efficient system than Proof-of-Work mining from a resourcing perspective, since the hardware required for consensus is already in existence and can be used for other things–unlike Bitcoin ASICs. This attribute additionally benefits the network’s adoption, proliferation, and distribution, since users do not need to expend additional capital to participate.

Proof of Work depends on an economic structure that incentivizes participants to invest in hardware until the sum of the rewards they stand to gain are approximately equal to the cost of instantiating the hardware. Chia’s value proposition is partly motivated by the fact of this initial cost already being sunk since there is already an extensive pool of consumer-owned storage hardware. The project has developed and uses a programming language named Chialisp that aims to facilitate conditional payment types and what Chia refers to as smart transactions. Chialisp aims to combine the perceived benefits of Bitcoin's UTXO model, namely security and reliability with the enhanced expressiveness of Ethereum's Solidity smart contracting language.

The Chia business model essentially involves a pre-mine of the token and maintenance of a significant portion of it - which can then be loaned at interest rates determined by the Chia governing body, rather than a sale event. This confers governing members some influence over the effective cost of Chia, as money and a means of hopefully mitigating volatility of the token (to an extent). The targeted customer of these loans are global corporations, where there is an incentive to adopt in virtue of significant fee savings compared to legacy payments infrastructure for international transactions, in addition to greater security guarantees; while providing Chia with meaningful prospects of adoption - providing the low-fee transactions and security gains outweigh the initial cost of change management. Chia is still in a beta testnet phase, with no details yet offered on an expected transition to mainnet.

Recent News

Coinbase is exploring listing an additional 17 assets for trading.

These projects include: Avalanche, Celo, Chia, Coda, Dfinity, Filecoin, Handshake, Kadena, Mobilecoin, NEAR, Nervos, Oasis, Orchid, Polkadot, Solana, Spacemesh, and Telegram. The majority of these projects have yet to release a mainnet and raised funds through private token sales and/or SAFTs. Previous token listings have seen little trading demand; over 95% of Coinbase's volume YTD is in BTC, ETH, LTC, BCH, or XRP markets.

September 20, 2019

Sources:

more
Show projects Article List
Sort icon: direction descending
Profile Updated
56d
Project details updated.
No icon fallback
ALTG
Profile Updated
56d
Project details updated.
Project Added as Signal
69d
Project details updated.
Profile Updated
69d
Project details updated.
Profile Updated
70d
Project details updated.
project icon for beam
BEAM
Profile Updated
70d
Project details updated.
Profile Updated
75d
Project details updated.
Profile Updated
75d
Project details updated.
project icon for qtum
QTUM
Profile Updated
80d
Project details updated.
Profile Updated
80d
Project details updated.
Profile Updated
81d
Project details updated.
project icon for aion
AION
Profile Updated
81d
Project details updated.
Profile Updated
82d
Project details updated.
project icon for grin
GRIN
Profile Updated
82d
Project details updated.
Profile Updated
83d
Project details updated.
Profile Updated
83d
Project details updated.
Profile Updated
87d
Project details updated.
project icon for kadena
KADENA
Profile Updated
87d
Project details updated.
project icon for chia
CHIA
Profile Updated
89d
Project details updated.
project icon for waves
WAVES
Profile Updated
89d
Project details updated
Profile Updated
91d
Project details updated.
Profile Updated
91d
Project details updated.
Profile Updated
94d
Project details updated.
No icon fallback
KLAY
Profile Updated
94d
Project details updated.
Profile Updated
95d
Project details updated.
project icon for neo
NEO
Profile Updated
95d
Project details updated.
Profile Updated
96d
Project details updated.
Profile Updated
96d
Project details updated.
project icon for aelf
ELF
Profile Updated
97d
Project details updated.
project icon for eos
EOS
Profile Updated
97d
Project details updated.
Profile Updated
98d
Project details updated.
Profile Updated
98d
Project details updated.
project icon for storj
STORJ
Profile Updated
102d
Project details updated.
Profile Updated
103d
Project details updated.
Profile Updated
103d
Project details updated.
project icon for zrx
ZRX
Profile Updated
104d
Project details updated.
project icon for tether
USDT
Profile Updated
104d
Project details updated.
project icon for wax
WAXP
Profile Updated
105d
Project details updated.
Profile Updated
105d
Project details updated.
Profile Updated
108d
Project details updated.
Profile Updated
108d
Project details updated.
Profile Updated
109d
Project details updated.
project icon for tzero
TZEROP
Profile Updated
109d
Project details updated.
Profile Updated
110d
Project details updated.
Profile Updated
110d
Protocol and asset details updated.
project icon for skale
SKALE
Project Added as Signal
110d
SKALE is an Ethereum Layer 2 scalability protocol facilitating the formation and operation of on-demand elastic sidechains.
Project Added as Signal
129d
TrueBit is a distributed marketplace for off-chain computation of resource-intensive smart contracts, verifying proper results using a game theory-based incentive structure rather than cryptographic proofs.
Project Added as Signal
140d
Spacemesh is a cryptocurrency and smart contract platform operating on directed acyclic graph infrastructure and utilizing a Proof-of-Spacetime consensus algorithm that intends to achieve a more equitable distribution of mining rights by decoupling the conferment thereof with access to financial means.
No icon fallback
BZRX
Project Added as Signal
143d
bZx is an Ethereum-based, decentralized cryptoasset lending protocol that facilitates margin trading of ETH and ERC-20 tokens.
Project Added as Signal
146d
Oasis Network is a permissionless, blockchain-based cloud computing platform that aims to improve upon the scalability and privacy of its peers through novel architecture.
Project Added as Signal
157d
FTX is a cryptoasset derivatives exchange, powered by a proprietary liquidation engine and clawback prevention protocol, offering futures, leveraged tokens and an over-the-counter trading portal.
Project Added as Signal
161d
ThunderCore is a permissionless, Turing-complete smart contract platform offering full EVM-compatibility and PaLa, a new variant of Proof-of-Stake consensus, as its distinguishing features.
Project Added as Signal
164d
Santiment is a blockchain data and analytics provider offering content streams, data feeds and analysis, APIs and its own ERC-20 token, SAN.
Project Added as Signal
178d
Nexus Mutual is a blockchain-based, protocol-enabled mutual insurance fund operating on Ethereum and owned entirely by its members, who buy into the fund by purchasing NXM tokens.
Project Added as Signal
206d
Gods Unchained is a decentralized trading card game that uses the ERC-721 non-fungible token standard to establish on-chain ownership of cards to be used in off-chain gameplay.
Project Added as Signal
216d
Synthetix is a decentralized synthetic asset issuance protocol consisting of an Ethereum-based smart contract, an exchange, and a dApp to facilitate smart contract interaction.
project icon for zrx
ZRX
Profile Updated
222d
Update on 0x v3, including protocol fees, staking incentives, and liquidity pooling with Uniswap, Kyber, and Oasis.
No icon fallback
LUNA
Project Added as Signal
230d
Terra is an algorithmically-governed, seigniorage share style stablecoin blockchain platform to which a collection of fiat-pegged tokens and a stabilizing cryptoasset, Luna, are native.
Profile Updated
247d
Stellar Development Foundation burns 55 billion XLM from its reserves, over half of the total supply, and removes the ongoing inflation to current token holders. The SDF had previously earmarked these tokens for community airdrops and ongoing organization funding.
Project Added as Signal
262d
Nervos is a public, PoW-based smart contract platform that utilizes off-chain computation in service of transaction scalability and implements a unique token emissions mechanic that imposes a perpetual cost for on-chain data storage.
Profile Updated
273d
Supply Information added.
project icon for beam
BEAM
Profile Updated
276d
Supply Information added.
project icon for grin
GRIN
Profile Updated
276d
Supply Information added.
Profile Updated
279d
Supply Information added.
Profile Updated
279d
Supply Information added.
project icon for siacoin
SC
Profile Updated
279d
Mining Information added.
project icon for dash
DASH
Profile Updated
280d
Mining and Supply Information added.
Profile Updated
280d
Mining and Supply Information added.
Profile Updated
283d
Mining and Supply information added.
Profile Updated
284d
Mining and Supply Information added.
project icon for kin
KIN
Project Removed as Signal
291d
Kin removed as Signal.
project icon for simple
OST
Project Added as Signal
291d
OST added as Signal.
Profile Updated
305d
Signal profile updated.
Project Added as Signal
319d
Edgeware added as Signal.
Profile Updated
321d
Ethereum Classic profile added.
project icon for steem
STEEM
Profile Updated
333d
Signal profile updated.
Profile Updated
333d
Signal profile updated.
project icon for neo
NEO
Profile Updated
333d
Signal profile updated.
No icon fallback
KLAY
Project Added as Signal
333d
Klaytn added as Signal.
No icon fallback
ALTG
Project Added as Signal
339d
Althea added as Signal.
Profile Updated
346d
Signal profile updated.
No icon fallback
UMA
Project Added as Signal
353d
UMA added as Signal.
No icon fallback
LIBRA
Project Added as Signal
354d
Libra added as Signal.
Project Added as Signal
359d
Chainlink added as Signal.
Profile Updated
365d
Signal profile updated.
Profile Updated
372d
Signal profile updated.
project icon for chia
CHIA
Profile Updated
377d
Signal profile updated.
project icon for bitfinex-leo
LEOTOKEN
Project Added as Signal
383d
Bitfinex LEO added as Signal.
project icon for coda
CODA
Profile Updated
389d
Signal profile updated.
Project Added as Signal
395d
Paxos added as Signal.
project icon for celo
CELO
Project Added as Signal
401d
Celo added as Signal.

You've reached the end of the list

project icon for chia

Chia

CHIA
n/a

Bram Cohen’s Chia is a cryptocurrency targeted at enterprises, aiming to utilize consumer storage to generate proofs of space and provide little incentive to build ASICs.

Overview

STATUS

MARKET CAP

BLOCKCHAIN

TOKEN TYPE

Outline status icon
Outline
Native token icon

Chia

N/A

FUNDING SOURCE

AMOUNT RAISED

SECTOR

Cryptocurrency

Project Profile

Chia is an open-source cryptocurrency project aiming to reduce the perceived waste in Proof-of-Work-based blockchains. Chia is a blockchain protocol aiming to support an approximately stable valued cryptocurrency based on a novel proof system named ‘Proofs of space and time’, invented by BitTorrent founder Bram Cohen. As part of the application process, developers for the Chia network participate in development competitions with a crowd-sourced set of contributors. Developers have already submitted a number of entries such as those yielding a Verifiable Delay Function (VDF) which runs 80% faster than the Chia team’s initial implementation. The project released its Green Paper in July 2019. Investors in Chia include Naval Ravikant and Andressen Horowitz.

Chia’s design, and jargon, is influenced by Bram’s previous BitTorrent protocol design, where storage space is ‘seeded’ to the network, in order to participate in proofs of space. Chia is ‘farmed’ through the usage of (previously) empty storage space to occupy proofs. Publicly verifiable proofs of sequential work were originally designed for non-interactive timestamping since validators can check a proof of an approximately predictable quantity of work. Rather than using an oracle extrinsic to the network as a reference point for public verifiability of elapsed time, participants in the Chia network can utilize VDFs computed towards the PoSpace process. In addition to requiring less-energy for significant participation in the network, the Chia protocol represents a more efficient system than Proof-of-Work mining from a resourcing perspective, since the hardware required for consensus is already in existence and can be used for other things–unlike Bitcoin ASICs. This attribute additionally benefits the network’s adoption, proliferation, and distribution, since users do not need to expend additional capital to participate.

Proof of Work depends on an economic structure that incentivizes participants to invest in hardware until the sum of the rewards they stand to gain are approximately equal to the cost of instantiating the hardware. Chia’s value proposition is partly motivated by the fact of this initial cost already being sunk since there is already an extensive pool of consumer-owned storage hardware. The project has developed and uses a programming language named Chialisp that aims to facilitate conditional payment types and what Chia refers to as smart transactions. Chialisp aims to combine the perceived benefits of Bitcoin's UTXO model, namely security and reliability with the enhanced expressiveness of Ethereum's Solidity smart contracting language.

The Chia business model essentially involves a pre-mine of the token and maintenance of a significant portion of it - which can then be loaned at interest rates determined by the Chia governing body, rather than a sale event. This confers governing members some influence over the effective cost of Chia, as money and a means of hopefully mitigating volatility of the token (to an extent). The targeted customer of these loans are global corporations, where there is an incentive to adopt in virtue of significant fee savings compared to legacy payments infrastructure for international transactions, in addition to greater security guarantees; while providing Chia with meaningful prospects of adoption - providing the low-fee transactions and security gains outweigh the initial cost of change management. Chia is still in a beta testnet phase, with no details yet offered on an expected transition to mainnet.

Recent News

Coinbase is exploring listing an additional 17 assets for trading.

These projects include: Avalanche, Celo, Chia, Coda, Dfinity, Filecoin, Handshake, Kadena, Mobilecoin, NEAR, Nervos, Oasis, Orchid, Polkadot, Solana, Spacemesh, and Telegram. The majority of these projects have yet to release a mainnet and raised funds through private token sales and/or SAFTs. Previous token listings have seen little trading demand; over 95% of Coinbase's volume YTD is in BTC, ETH, LTC, BCH, or XRP markets.

September 20, 2019

Sources:

more