Blockchain Technology Built the Way It Was Meant to Be
Hi, we’re Chia. We’ve architected a better technology from the ground up, solving the challenges of conventional blockchains to enable widespread use.
We believe in three non-negotiables for worldwide adoption:
Security
(Decentralized Technology)
Compliance
(Consumer Protection)
Sustainability
(Environmental Impact)
Let’s Talk Security
Security is synonymous with decentralization. The higher and more diverse the node count, the more decentralized, and in turn the more secure a blockchain is.
100k+ Nodes Across 150+ Countries & Counting
At over 100,000 nodes across over 150 countries, we are one of the most decentralized public blockchains on the planet.
If you have extra space on your hard drive, you can start farming, our version of mining. No need to invest in expensive hardware and equipment, ASIC miners, or GPU cycles. This drastically reduces energy consumption to earn Chia (XCH) and contribute to the Chia blockchain.
our Revolutionary technology
Secure like PoW, Green like PoS
It’s called Proof of Space Time (PoST) and we built it to get the best of both worlds, the first new Nakamoto Consensus since Bitcoin’s in 2009.
Proof of Time increases the overall security of the blockchain by increasing the attack resistance of our consensus to 51% in most cases. Proof of Space significantly reduces the carbon footprint of any application on our blockchain. Together, they are revolutionary.
Transforming Blockchain Means Transforming Language
Chialisp is our native programming language, built with security and auditability top of mind.
It’s designed to be as simple and efficient as possible, but still provide broad functionality.
Compliance Means Protection for Consumers
In order to deliver on the promise of the next-generation blockchains, we believe that we must be regulatory compliant globally.
what that means
SEC and CFTC Regulations
We let our securities be securities and our commodities be commodities, with the view that both the SEC and the CFTC have a place in regulating our activities.
We intend to become a public reporting company.
backed by the Best
Funded by Reputable Investors
Andreessen Horowitz (a16z), Richmond Global Ventures, Slow Ventures, True Ventures, Greylock, DCM, and more. We raised this funding by selling preferred stock, the tried-and-true method of Silicon Valley VC-backed startups on their way to becoming public.
how we do it
Our Native Currency (XCH) Is Compliant
We and the SEC agree that most ICOs are illegal unregistered securities offerings. Unlike much of the industry, we don’t believe the Howey test is difficult to apply, are confident that XCH (our native Chia currency) doesn’t constitute a security under Howey, and have proactively engaged with the SEC.
More Sustainably Scalable and Responsible
Less Than 1% the Energy Output vs. PoW
Our proprietary consensus mechanism Proof of Space Time (PoST) drastically reduces energy requirements of Proof of Work based blockchains like Bitcoin.
Our projects
We’re Transforming Carbon Markets
What if we could increase access and create real global inclusion in the carbon markets using our blockchain technology?
We Care About Our Planet
Chia Loves the Earth. You Should Too
Sustainability and economic impact is at the heart of everything we build. We care about building a better technology for a better tomorrow – Learn More.
OUR MISSION
A Brighter Tomorrow by Securing the World’s Financial Future
Unlocking global financial access, transparency, and empowerment with better blockchain technology.
Read our Green Paper
Dive into the nitty gritty about Proof of Space and Time and why it’s a must-have for sustainable blockchains.
