

Chia (XCH)

Details about Chia cryptocurrency
€221,126,486 ( -0.59301%)
€3,232,120
30,211,867
9,211,943
38.933
Unknown
https://www.chia.net/
@chia_project
3214x
€77101.1
Chia price charts
XCH exchanges
Chia, the crypto
Chia (XCH) is a decentralized blockchain network and cryptocurrency that was founded in 2018 by Bram Cohen, the creator of the BitTorrent protocol.
The point
The main point of Chia (XCH) is to create a more eco-friendly and sustainable cryptocurrency. It uses a new consensus algorithm called Proof of Space and Time, which allows miners to use their hard drive space to validate transactions, rather than relying solely on computational power like other cryptocurrencies.
The problem
Chia (XCH) tries to solve the problem of the high energy consumption and environmental impact of traditional cryptocurrencies, such as Bitcoin, which rely on the energy-intensive Proof of Work consensus algorithm. By using Proof of Space and Time, Chia (XCH) aims to reduce energy consumption and make cryptocurrency mining more accessible to everyday users with consumer-grade hardware.
Compare XCH and BTC performance
Timeframe | XCH | BTC |
---|---|---|
1h change | -0.211553 % | 0.452388 % |
24h change | -0.72 % | 2.34936 % |
7 day change | 0.69 % | 6.90175 % |
14 day change | 3.01 % | 9.31909 % |
30 day change | -3.42 % | 12.6741 % |
200 day change | -28.15 % | 47.5765 % |
Year change | -18.35 % | 126.432 % |