We’re excited to announce that the Chia Network has joined the Messari Registry. As a participating project, the Chia Network team has committed to providing regular project updates.
Chia Network is a blockchain that supports the creation and execution of smart contracts written in a custom-designed programming language called Chialisp. The project was founded by Bram Cohen, the inventor of the BitTorrent network. Chia's blockchain relies on a novel consensus mechanism called Proof-of-Space and Time (PoST) that is less energy intensive than Proof of Work to secure the network and reach a consensus on transaction verification. The network also features a native token, XCH, that serves to reward network participants that help secure the chain.
Investors include Slow Ventures, Naval, Breyer Capital, a16z, Metastable, and Galaxy Digital among others.
Learn all about Chia Network’s history, roadmap, team, token, launch, technology, security, and governance on their Messari asset profile. You can also learn more about Chia Network at https://www.chia.net/.
