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Chia Stock

Chia

XCH

Price

5.93
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Chia Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
HTXXCH/USDT9.37902.894,979.291.16 M0cex2487/9/2025, 6:23 AM
TruBit Pro ExchangeXCH/USDT9.321,110.121,477.79882,091.860.22cex17/9/2025, 6:21 AM
HotcoinXCH/USDT9.378,515.151,450.09683,576.740.09cex2307/9/2025, 6:23 AM
GateXCH/USDT9.3613,581.3827,096.66615,718.460.02cex3907/9/2025, 6:23 AM
OKXXCH/USDT9.3828,215.8141,672.58320,209.450.02cex4017/9/2025, 6:23 AM
BiboxXCH/USDT9.93,618.94,877.26235,744.470.09cex677/9/2025, 6:21 AM
SuperExXCH/USDT9.341,762.354,069.82181,275.720cex17/9/2025, 6:18 AM
CoinWXCH/USDT9.352,145.043,280.39126,069.270.01cex2907/9/2025, 6:21 AM
XT.COMXCH/USDT9.384,564.432,629.1699,330.470.01cex1777/9/2025, 6:21 AM
BitMartXCH/USDT9.3911,093.7813,347.6488,076.440.01cex3217/9/2025, 6:21 AM
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Chia FAQ

What is Chia Network (XCH)?

Chia Network (XCH) operates as a layer 1 blockchain, utilizing a uniquely designed programming language known as Chialisp, along with an innovative consensus mechanism termed proof-of-space-and-time (PoST). This combination enables the blockchain to maintain lower energy consumption while preserving network security. Unlike most blockchains, Chia Network is a public, for-profit, open-source corporation with ambitions to list on the NYSE or NASDAQ. Its blockchain is specifically geared toward enterprise use, and therefore, Chia Network intends to hold XCH on its balance sheet should it become publicly listed. The initial proof-of-time function by Chia Network was introduced in 2019, followed by the release of the first beta version of its blockchain in 2020. The network achieved full operational capabilities, including wallet functionality, transactions, and smart contracts, with the launch of its mainnet in 2021.

Who Founded Chia Network?

Chia Network (XCH) was founded in Delaware in 2017 by Bram Cohen, who also created the well-known peer-to-peer file-sharing platform BitTorrent. The project is led by a seasoned senior management team, featuring Gene Hoffman, former CEO of NASDAQ, as Chief Operating Officer (COO), and Mitch Edwards, former CEO of Overstock.com, as Chief Financial Officer (CFO). Chia Network is supported by a distinguished group of venture capitalists specializing in cryptocurrency. In May 2021, it successfully raised $61 million in funding with the involvement of prominent venture capital firms, including Andreessen Horowitz, Slow Ventures, Naval Ravikant, Galaxy Digital, among others.

What Distinguishes the Chia Network?

Chia Network (XCH) enhances traditional consensus mechanisms by offering a more energy-efficient alternative to proof-of-stake (PoS) and proof-of-work (PoW). It achieves Nakamoto consensus by integrating proof-of-space (PoS) with proof-of-time (PoT), each operating in unique ways. Proof-of-space involves miners maintaining unused storage on their hard disk drives. Miners install specialized software that designates this free space, which is then used to address a challenge, akin to the puzzle-solving process in proof-of-work (PoW). The software stores a series of cryptographic numbers on the miner's disk. When a block is created, a challenge number from the previous block is referenced. Miners then scan their stored numbers to determine if they possess a number close to the required challenge number. Meanwhile, proof-of-time verifies the passage of time using Verifiable Delay Functions, similar to the mechanism used by the Solana (SOL) blockchain. The Timelords, acting as nodes, are responsible for ensuring accurate time documentation, facilitating the execution of the proof-of-space functions. Additionally, Chia Network boasts its own programming language known as Chialisp. This on-chain programming language is compatible with smart contracts, incorporating key elements from Ethereum (ETH) Solidity and Bitcoin Core, while preserving Bitcoin's UTXO model. This configuration allows for concurrent transactions rather than sequential ones, rendering the Chia Network a quicker and more energy-efficient blockchain compared to its competitors.

What is the Current Circulation of Chia Network (XCH) Coins?

The current supply of XCH is 22,582,025. To support the development and administration of Chia, 21 million XCH were pre-farmed. As outlined in the Chia Network (XCH) whitepaper, the farming rewards adhere to the following schedule: * 64 XCH will be generated every 10 minutes during the first three years post-launch * 32 XCH will be generated every 10 minutes from years four through six post-launch * 16 XCH will be generated every 10 minutes in years seven through nine post-launch * Eight XCH will be generated every 10 minutes in years ten through twelve * Four XCH will be generated every 10 minutes for each year following year twelve This strategy implies that the network retains control over the majority of XCH, and it will take 21 years from the mainnet launch for farming rewards to match the magnitude of the strategic reserve.

**How is the Chia Network Secured?**

Chia Network (XCH) adopts a distinctive approach by integrating an adapted proof-of-work consensus mechanism with proof-of-time, while being governed under a traditional corporate framework. Unlike the crypto-native model of a decentralized autonomous organization (DAO), Chia Network functions as a conventional joint-stock corporation. The company plans to list its equity on a stock exchange, as this model is perceived to align incentives more effectively compared to other models. Consequently, coin ownership does not impact the governance of the Chia blockchain, marking a significant departure from the governance structure of other public blockchains.

Where Can You Purchase Chia Network (XCH)?

Chia Network (XCH) is accessible on Huobi, Gate.io, Uniswap (V2), KuCoin, and OKEx.

Investors interested in Chia are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.