what's Chia Network?
Chia Network is a blockchain platform designed for secure, efficient, and sustainable digital transactions. Founded by Bram Cohen, the creator of BitTorrent, it introduces Proof of Space and Time as its consensus mechanism, leveraging unused hard drive storage for farming rather than energy-intensive computations. This approach aims to create a more accessible and environmentally friendly alternative to traditional proof-of-work systems, enabling anyone with spare storage to participate in securing the network. The platform supports programmable money through Chialisp, a Lisp-based smart contract language that facilitates complex financial applications, decentralized finance (DeFi), and real-world asset (RWA) tokenization. Chia emphasizes decentralization with a high number of nodes worldwide and features like offers for peer-to-peer trading, NFTs with provenance tracking, and integration with enterprise solutions for supply chain and payments.
Chia ranks 7th in RWA dev activity, stable; founder Bram Cohen to host Tech Talk Dec 11.
Features developer discussion on mempool parallelism and scaling transaction processing on 2026-02-12
Ranks 7th among Real World Asset projects by development activity with no change in ranking since last month, stabilizing after previous downward trend from 6th place.
Hosts Tech Talk featuring Q&A with founder Bram Cohen on December 11.
Ranks 7th in development activity among Real World Asset projects with downward trend, declining from 6th place with upward trend last month.
Secondary market for Chia mining hardware purchased in 2021 reaches break-even to small profit levels as AI infrastructure projects (Stargate) create demand for used storage equipment including 3T/4T/10T hard drives.
Circuit_DAO launches bug bounty program in Cantina for its CDP protocol built on Chia blockchain, with core contracts and governance constraints open for security review.
Ranks 6th among Real World Asset projects by development activity with an upward trend in ranking since last month based on GitHub activity data.
CEO participates in SEC Crypto Task Force roundtable on digital asset tokenization alongside major institutional players.
Ranks #5 in developer activity among RWA-focused projects according to Santiment data