Learn about Chia basics
Chia has the security of Bitcoin with the programmability of Ethereum,
while remaining secure, sustainable, and decentralized.
What makes Chia better
Chia's unique technology and features make it the most decentralized and secure blockchain, suitable for real world use.
Low energy and accessible
Chia uses a new energy efficient consensus algorithm called Proof of Space and Time that enables anyone to participate in securing the network by utilizing their available disk space in a process called farming.
Its accessibility has contributed to Chia becoming the most decentralized blockchain, with over 50,000 nodes actively securing the network and a Nakamoto Coefficient of over 10.
Everything is a coin
Chia's coinset model sets it apart from account-based models used by blockchains like Ethereum.
Coins function as first-class objects and transactions involve spending and creating multiple coins simultaneously (similar to UTXO), ensuring a transparent and auditable record of ownership and value transfer.
The coin set model offers several advantages including better scalability, improved privacy, and more secure smart contracts.
Trustless peer-to-peer trades
Offer files are strings of text representing a partially signed spend bundle. Both parties' transactions occur simultaneously within the same block, eliminating counterparty risk.
No marketplaces, no escrow, just peer-to-peer trading secured by the blockchain.
Self-custody shouldn't be scary
Chia is pioneering advanced custody solutions. Users and enterprises can store their on-chain assets in "Vaults" which allow for highly customizable security features.
For example, clawbacks let users recall an unintended transaction within a period of time and slow wallets limit the amount that can be sent within a time period.
Secure programmable money
Chialisp is designed with a strong emphasis on security and auditability for programming smart coins where financial security is paramount.
The formal nature of Chialisp makes it amenable to formal verification techniques to mathematically prove the correctness of code, further enhancing security and auditability.
Cypherpunk values
Bram Cohen (Founder, CTO) is most well known as the inventor of BitTorrent, and important figure in the early cypherpunk community. He left BitTorrent in 2017 to found Chia Network.
Gene Hoffman (CEO) was also a member of the original cypherpunk mailing list and was instrumental in ending export controls on cryptography during his time at PGP.
Ready to jump in?
Here are some ways to start participating in the Chia ecosystem.
Chia for all platforms
You'll need a wallet to securely self-custody your XCH, tokens, and NFTs on the Chia blockchain.
There are a lot of wallets in the Chia ecosystem, to choose from, find the right one for you for your platform and needs.
Put your unused storage to work
Help secure the Chia blockchain and get rewarded XCH for allocating your unused storage.
Learn how to create plot files, different farming software, and calculate your potential earnings.
Peer-to-peer Decentralized Finance
Discover different tokens on Chia. Real world assets, meme coins, carbon credits, governance tokens etc.
Learn how to trade with Offer Files, swap, borrow, loan, and even provide liquidity.
Mint and collect NFTs
Create and explore art NFT collections. Sell your creations with royalties or grow your collection by trading with Offer Files.
Discover other real world use cases for NFTs beyond digital art.
