A Truly Secure Blockchain - Chia Network (2024)

A Truly Secure Blockchain - Chia Network (1)

Many conventional blockchains prioritize simplicity and adoption over addressing the increasing security needs of corporations and institutions.

Chia, in contrast, places security at the forefront of our approach.

Ingrained Within

We firmly believe that enterprises will only embrace blockchains and digital assets that prioritize security.

Our advanced cryptography and decentralized architecture ensure strong security and resiliency against potential attacks and prevent unauthorized access and data tampering.

Network

Resilient Infrastructure

Our public blockchain is the most decentralized, making it highly secure and resilient against attacks, breaches, and censorship.

Data Management

Smart Coins and Contracts

Smart contracts are built into smart coins to offer a more secure, controlled, and auditable way to share, manage, and access data.

Development

Programming Language

Chialisp is a native and functional programming language built for security, simplicity, and auditability, making it clearer to review data and code.

How We Stack

Security
Attributes
User
Benefit
Public BlockchainsPrivate BlockchainChia’s
BlockchainA Truly Secure Blockchain - Chia Network (2)
Node CountNetwork ResilienceAverageAverage Very High
DecentralizationNetwork IntegrityHighLowVery High
Authorization ToolsData, participant verificationHighAverageVery High
Auditable LanguageEase of auditing records and codeLowAverageVery High
ImmutabilityTamper-proofingHighAverageVery High

More Decentralized

DIVERSity

100,000+ Nodes Across 150+ Countries Worldwide

The Chia blockchain is the most decentralized ever, operating the network,3-4X as many as Bitcoin.Decentralization offers more security and resilience to the network and users.

A Truly Secure Blockchain - Chia Network (3)

Decentralized

Higher Nakamoto Coefficient

The larger the Nakamoto Coefficient is compared to the number of nodes or validators, the more decentralized the blockchain network is. Through our revolutionary pooling protocol, each of our farmers is the actual entity assembling and signing each block.

Secure Programming Language

ChiaLisp, a derivative of Lisp, incorporates specialized operators for smart contracts. Emphasizing the Functional Programming (FP) paradigm over a state-based approach enhances security and simplifies development.

A Truly Secure Blockchain - Chia Network (4)

Completely Sandboxed

Chialisp resource utilization is completely controlled. The language needs to be run on half a million computers, so it is important that the program cannot reach out and affect anyone’s machine in an unintended way.

A Lisp program is evaluated and therefore cannot spawn any new processes or interact with the system it is running on.

A Truly Secure Blockchain - Chia Network (5)
A Truly Secure Blockchain - Chia Network (6)

Inherently Interoperable

In the Chia ecosystem, every smart coin is essentially a coin with an embedded smart contract, and thanks to Chialisp’s hom*oiconicity (code and data are represented the same), all smart coins can interact seamlessly with one another.

A Truly Secure Blockchain - Chia Network (7)

Simple Auditability

Chialisp Virtual Machine offers a straightforward and regular syntax for a Turing-complete blockchain programming language, enabling auditors to review and understand the code with ease.

Our Incredible Community

Chia’s community is at the core of Chia’s security efforts, contributing to the blockchain’s security through farming, testing, and building.

A Truly Secure Blockchain - Chia Network (8)

Open-Source Code

Our code is publicly accessible and is regularly reviewed by our global community for security vulnerabilities, bugs, and more. This helps identify, correct, and improve potential security issues or threats.

A Truly Secure Blockchain - Chia Network (9)

Made Better By You

Continuing to audit new features or enhancements, educate and inform new members, farm to increase node count, and openly share feedback is monumental to our continued success.

Dive Deeper

Learn more about our scalable, modular, and sustainable technology that enables usage for multiple applications.

A Truly Secure Blockchain - Chia Network (2024)

FAQs

Is Chia blockchain safe? ›

Resilient Infrastructure. Our public blockchain is the most decentralized, making it highly secure and resilient against attacks, breaches, and censorship.

What blockchain does Chia use? ›

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.

How does the chia work? ›

Chia is a cryptocurrency where mining (or farming, in Chia parlance) is based on the amount of hard disk storage space devoted to it rather than processing power as with proof of work cryptocurrencies such as Bitcoin. The platform was created by a California based company called Chia Network Inc.

What is the chia mining algorithm? ›

The Chia consensus algorithm relies on running VDFs for periods of time called sub-slots, which are adjusted periodically to add up to about 10 minutes. Periodically challenges are released, which starts a sort of mini lottery where farmers check their plots for proofs of space.

Is Chia crypto worth anything? ›

The price of 1 Chia currently costs $12.68.

How secure is blockchain really? ›

Each new block connects to all the blocks before it in a cryptographic chain in such a way that it's nearly impossible to tamper with. All transactions within the blocks are validated and agreed upon by a consensus mechanism, ensuring that each transaction is true and correct.

How to cash out Chia? ›

How to Sell Chia Crypto?
  1. On your exchange, buy a popular coin like Bitcoin with your Chia tokens.
  2. From the platform, transfer the resulting amount to your external wallet.
  3. From your external wallet, transfer it to another exchange that will support converting your token to cash.
Jan 7, 2024

What is the alternative to Chia blockchain? ›

Best Paid & Free Alternatives to Chia Network Blockchain
  • Ethereum.
  • Kaleido.
  • Corda.
  • Coinbase Institutional.
  • Crypto APIs.
  • Hyperledger.
  • Blockstream.
  • BlockApps.

How to mine Chia coins? ›

Start mining Chia!
  1. Download the Chia Blockchain application. You can find applications for Windows, macOS and Linux from the official Chia website.
  2. Create your key, and begin plotting. A key is an identifier which marks you as the owner of the Chia plots. ...
  3. Once a plot is created, start harvesting.

What is the chia app? ›

The TrueNAS Chia app installs the Chia Blockchain architecture in a Kubernetes container. Chia Blockchain is a cryptocurrency ecosystem that uses Proof of Space and Time, and allows users to work with digital money and interact with their assets and resources.

Where to store chia crypto? ›

  • Chia Reference Light Wallet. Now part of the full node software, the official Chia wallet uses an Electrum-style protocol to greatly reduce syncing time. ...
  • Evergreen Mobile Wallet. ...
  • Frodo Wallet. ...
  • Goby. ...
  • Green Wallet. ...
  • Hoogii. ...
  • Namesdao .xch wallet. ...
  • Ozone Wallet.

Where does chia come from? ›

Chia seeds come from the desert plant Salvia hispanica, a member of the mint family. Salvia hispanica seeds are often sold under the common name "chia" as well as several trademarked names. Its origin is believed to be in Central America where the seed was a staple in the ancient Aztec diet.

How does Chia blockchain work? ›

Users of the Chia blockchain will “seed” unused space on their hard-disk drive by installing software which stores a collection of cryptographic numbers on the disk into “plots.” These users are called “farmers.” When the blockchain broadcasts a challenge for the next block, farmers can scan their plots to see if they ...

Is Chia a good blockchain? ›

Chia has shown significant promise and has been making headlines in the crypto world due to its unique approach to mining. However, whether or not it is a good investment depends on various factors such as market trends, adoption, and scalability.

What are the minimum requirements for Chia mining? ›

The minimum spec is a Raspberry Pi4 with 4 GB of RAM for a CLI farm, or 8 GB for a GUI farm. (This guide will show you how to set up a GUI farm.) Many farmers choose a Pi because it consumes very little electricity. Plotting, on the other hand, is resource-intensive.

Is blockchain app trustworthy? ›

Blockchain wallets provide a high level of security. While software wallets are typically connected to the internet and considered to be less secure, they are still protected with cybersecurity measures like two-factor authentication and cryptography.

What is the safest blockchain network? ›

Top 10 Safest Crypto Assets To Invest In
  • Cardano (ADA)
  • Solana (SOL) ...
  • Chainlink (LINK) ...
  • Cosmos (ATOM) ...
  • Polkadot (DOT) ...
  • Polygon (MATIC) ...
  • USD Tether (USDT) ...
  • Tron (TRX) The Tron blockchain has the second-highest total value locked (TVL) of any blockchain network, with only Ethereum ahead of it. ...

Can blockchain be trusted? ›

These databases are cryptographically secure to protect the integrity of the data. Adding any new blocks in the chain requires approval from each of the participants, making the data in the blockchain immutable. No intruder would be able to inject or delete any data from the blockchain.

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