Category: Chia.net

Chia.net

Mining vs. Farming, the Data Behind Being Green

Introduction Many opinion articles on cryptocurrency read something along the lines of “cryptocurrencies use resources, and thus they are bad.” We have to start here–Bitcoin kicked off the start of a revolution that has permanently transformed finance, commerce, and society. If you read the business whitepaper, Chia acknowledges the strengths of Bitcoin, and we have taken…

Chia.net

Cypherpunks in Sportcoats: Chia’s Custody is a Killer App

On December 6, 2022 Timothy B. Lee had a guest post on Josh Barro’s Substack, “It’s time to get serious about regulating cryptocurrency.” He concluded, “Americans shouldn’t invest in cryptocurrency … because most Americans lack the technical skills required to do it safely.” He is correct about the current state of the solution that people…

Chia.net

Version 1.6.2 Available Now

Version 1.6.2 of the Chia reference client is now available for download. Included in this release is the addition of WalletConnect support, as well as several exciting new features to enhance the overall user experience in the Chia ecosystem. Throughout this blog post, we will highlight the latest updates incorporated in this latest version. Download…

Chia.net

The Holiday NFTs are here!

The Chia Holiday 2021 NFTs are now available! You can redeem your corresponding CH21 CAT tokens for these limited edition NFTs by doing the following: Simply send one CH21 token (not XCH!) to the following address: xch184hksatuenaz5rddcj3kvdf3mjhs0ud5a47y90340vu8hq739q7sm2uhf6 That’s it! It’s THAT easy! Once received, the system will send you the NFT to the same wallet!…

Chia.net

NFTs: Exciting New Promises, Same Old Reality

Imagine you’re an artist. Oil on canvas. You’re just getting started, so you sell your paintings at a discount while you build your clout. Years go by, your audience grows, you keep creating. Finally, after decades of painting and hustling, your artwork is bringing in good money. One day an early supporter discovers a dusty…

Chia.net

New Features Available with 1.6.1

Version 1.6.1 of the Chia reference client is now available for download. This update includes several exciting new features, which we’ll highlight in this post.  Download Offer Builder When we introduced NFTs to Chia’s ecosystem a few months ago, we only included the ability to offer them for XCH. Later, we added support for CAT-NFT…

Chia.net

A New Home for the Prefarm

All 21 million XCH in Chia’s prefarm have been moved to four custom-built custody wallets. Why design new wallets from scratch? Existing web3 custody solutions rely on simple multisig contracts that can be drained of their funds in the event of a minor security breach. We knew we could do better. Chia’s custody solution uses…

Chia.net

Beta Dev Tools: Blockchain Simulator, Chialisp VSCode Extension, and Bulk Minting

We know that writing code is never easy and doing it in a new language like Chialisp doesn’t make it easier, so we’re releasing beta versions of additional tools to support developers. Included in this release are three separate developer tool betas to make building in the Chia ecosystem simpler and more accessible. The New…

Chia.net

OCP and CDI Whitepaper: Data Sanitization Enabling the Circular Economy

Summary Chia co-authored a new whitepaper on the impact of data sanitization on the circular economy, suggesting a practical solution to data security and storage reuse. Read the whitepaper here. Background Shortly after the Chia mainnet launch, hard drives worldwide were sold out, prices increased, and lead times increased. Because of the dramatic increase in…

Chia.net

Enabling Data for Web3: Announcing Chia DataLayer

We use the web for rich, complex interactions: to engage with one another, to make purchases or to do business, for creating and storing, and for numerous other use cases. And we think of all these interactions on the web today as decentralized interactions among peers, facilitated by transparent and secure services. In reality, powerful…