We believe that cryptocurrency should be easier to use than cash, harder to lose, and nearly impossible to steal. Anyone who wants to validate transactions should be able to farm without single-use hardware or a big electricity bill.
Chia Network develops a blockchain and smart transaction platform created by the inventor of BitTorrent, Bram Cohen. It implements the first new Nakamoto consensus algorithm since Bitcoin in 2008. Proofs of Space and Time replace energy intensive “proofs of work.”
Chialisp is Chia’s new on chain programming language that is powerful, easy to audit, and secure. Reference smart transactions currently available are: atomic swaps, authorized payees, recoverable wallets, multisig wallets, rate-limited wallets, and Coloured coins. Bram introduces Chialisp on our blog.
Beta testnet includes a full node, farmer, timelord, wallet and an implementation of Chia’s Coloured coins.
Released under the open source Apache License.