Chia
Founded by Bram Cohen, the inventor of the BitTorrent network, Chia Network is building a better blockchain and smart transaction platform that is more decentralized, more efficient, and more secure. Chialisp is Chia’s new smart transaction programming language, which is powerful, easy to audit, and secure. The blockchain is powered by the first new Nakamoto-style consensus algorithm since Bitcoin launched in 2008. Proofs of Space and Time replace energy-intensive “proofs of work” by utilizing unused disk space. Chia Network supports the development and deployment of the Chia blockchain globally. Chia Network supports Chia developers and the enterprise use of Chia through software support and Chia lending.
Overview
Founded by Bram Cohen, the inventor of the BitTorrent network, Chia Network is building a better blockchain and smart transaction platform that is more decentralized, more efficient, and more secure. Chialisp is Chia’s new smart transaction programming language, which is powerful, easy to audit, and secure. The blockchain is powered by the first new Nakamoto-style consensus algorithm since Bitcoin launched in 2008. Proofs of Space and Time replace energy-intensive “proofs of work” by utilizing unused disk space. Chia Network supports the development and deployment of the Chia blockchain globally. Chia Network supports Chia developers and the enterprise use of Chia through software support and Chia lending.
Team
Team information has not been disclosed.
Funding history
2 disclosed rounds- Series D
61,000,000 USD
- Strategic
Amount undisclosed
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