Chia Network
Chia Network Inc. is a company that develops a blockchain-based platform focused on cryptocurrency transactions. Founded in 2017 and headquartered in San Francisco, California, it utilizes a unique approach based on proofs of space and time to create a cryptocurrency that aims to be less wasteful, more decentralized, and secure. The company offers Chialisp, a smart transaction programming language that enhances the security and usability of cryptocurrency transactions. By leveraging low-cost and abundant unused storage space on hard drives, Chia Network’s technology enables efficient verification of the blockchain, appealing to both cryptocurrency miners and traditional financial institutions seeking a decentralized and secure transaction platform.
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