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Chia Network Inc. is a US-based blockchain technology company. The company built the Chia blockchain that uses proof of space and proof of time consensus protocols and issues the digital currency Chia (XCH). Chia Network was founded in 2017 by Bram Cohen, the creator of BitTorrent, and Ryan Singer.
Chia Network is a company founded by Cohen in 2017 [6] that has implemented a proof of space-time cryptocurrency called Chia.Chia is intended to avoid the waste of energy involved in proof-of-work-based cryptocurrencies such as Bitcoin, [7] and the vulnerability to state actors of proof-of-stake systems.
The Chia Network was founded in 2017 by American computer programmer Bram Cohen, the author of the BitTorrent protocol. [2] In May 2021, Chia Network raised a $61 million investment, valuing the company at about $500 million. The same month, the company announced plans to conduct an IPO before the end of 2021. [3] [4] [5] As of 2023, Chia had ...
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On July 14, 2022, YouTube made a special playlist and video celebrating the 317 music videos to have hit 1 billion views and joined the "Billion Views Club". [ 65 ] [ 66 ] On April 1, 2024, the communications app Discord incorporated a short trailer video into their in-app April Fools' Day prank regarding loot boxes .
Bitcoin surpassed $98,800 to touch a new record on Thursday after the Securities and Exchange Commission announced Chair Gary Gensler will step down effective Jan. 20, the day Donald Trump is ...