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.
On February 9th we released our Business Whitepaper and are now predicting that our mainnet will launch for farming rewards on or before March 17, 2021. You may also be interested in our new consensus working document which was implemented first in Beta 19 on January 12, 2021.
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. It will make cryptocurrency easier to use than cash or credit. 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.
Released under the open source Apache License.