About Chia
Founded by Bram Cohen, the inventor of the BitTorrent network, Chia Network is building a better blockchain and smart transaction platform which is more decentralized, more efficient, and more secure. Chialisp is Chia’s new smart transaction programming language that is powerful, easy to audit, and secure. The blockchain is powered by the first new Nakamoto style consensus algorithm since Bitcoin launched in 2008. Proofs of Space and Time replace energy intensive “proofs of work” by utilizing unused disk space. Chia Network supports the development and deployment of the Chia blockchain globally. Chia Network supports chia developers and supports the enterprise use of chia with software support and chia lending.
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Trading Insights
Searched
40
Market Stats
Market Cap
₹12.53B
-2.99%
FDV
₹28.86B
Circ. Supply
14M XCH
Max Supply
Not enough data
Total Supply
33M XCH
Diluted Valuation
₹28.71B
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
₹437.56M
29.96%
Volume (7D)
₹2.45B
Volume (30D)
₹10.90B
All time high
₹167.22K
Price Change (1Y)
-58.32%
Additional info about Chia
Recent trends
The latest XCH price is ₹869.61. Compared to Chia's value of ₹893.31 from 24 hours ago, there's been a -3% decrease, while the current price is -12% down from ₹979.88 which was recorded one week ago. Chia's all time high is ₹167,218.46, which was reached on May 3, 2021. This is a -99% change from its price today.
The market cap is currently ₹12.53B, which is a result of multiplying the current price of Chia(₹869.61) by the total supply(33,191,992 XCH). The fully diluted valuation of Chia is ₹28.86B. The diluted valuation of Chia is ₹28.86B.
Market details
XCH vs markets
↘ 69.61%
XCH vs BTC
↘ 74.12%
XCH vs ETH
↘ 40.79%
Tags
mineable
real-world-assets
layer-1
made-in-america
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | ₹869.61 | ↘ 2.77% |
1 Day | ₹893.31 | ↘ 2.77% |
1 Week | ₹979.88 | ↘ 12.27% |
1 Month | ₹1,074.12 | ↘ 19.92% |
1 Year | ₹2,013.54 | ↘ 58.32% |
FAQ
Chia Network (XCH) is a layer 1 blockchain that employs a unique consensus mechanism known as proof-of-space-and-time (PoST). This mechanism, combined with Chia's custom-designed programming language, Chialisp, allows the blockchain to operate with less energy without compromising network security. Unlike many other blockchains, Chia Network is a public, for-profit, open source company that strives to be recognized by major financial institutions. The blockchain is designed for enterprise use, and Chia Network plans to hold XCH on its balance sheet in the event of a listing.
Chia Network operates using a less electricity-intensive consensus mechanism that improves upon proof-of-stake (PoS) and proof-of-work (PoW). The network achieves consensus by combining proof-of-space (PoS) with proof-of-time (PoT), both of which function in distinct ways. Proof-of-space requires miners to allocate unused storage on their hard disk drives to solve challenges, similar to puzzle-solving in proof-of-work (PoW). Proof-of-time, on the other hand, demonstrates the passage of time through Verifiable Delay Functions. Chia Network also uses its own programming language, Chialisp, which is smart contract-compatible and allows for simultaneous transactions, aiming to make Chia Network more energy-efficient than other blockchains.
Chia Network is designed for a wide range of applications, particularly in the enterprise sector. Its unique consensus mechanism and programming language make it a suitable choice for developers, enterprise, government, creators, and farmers. Chia Network's blockchain technology aims to enhance global infrastructure and data management, and can be used to build applications. For instance, the Climate Action Data Trust (CADT) uses Chia’s Layer-1 blockchain technology and DataLayer application to harmonize carbon registry data for transparent and efficient carbon accounting.
Chia Network was established in Delaware in 2017 by Bram Cohen, the founder of the popular peer-to-peer file sharing platform BitTorrent. The project is led by an experienced senior management team, including former NASDAQ CEO Gene Hoffman as chief operating officer (COO) and former Overstock.com CEO Mitch Edwards as chief financial officer (CFO). Chia Network released its first proof-of-time function in 2019, and the first beta version of its blockchain launched in 2020. The network achieved full functionality, including wallet functionality, transactions, and smart contracts, with its mainnet launch in 2021.
We update our Chia to INR currency in real-time. Get the live price of Chia on Coinbase.
The current market cap of Chia is ₹12.53B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Chia is ₹167,218.46. This all-time high is highest price paid for Chia since it was launched.
Over the last 24 hours, the trading volume of Chia is ₹437.56M.
Assets that have a similar market cap to Chia include EthereumPoW, Harmony, CoW Protocol, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Chia is 14 million.
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Social stats
Popularity in posts
#728
Contributors
2,301
Posts
3,565
% About Chia
0.054%
Articles
2
Hold times
0 days
X (Twitter)
32.2% bullish
Sentiment
3.6 ★
Highlights
2,301 unique individuals are talking about Chia and it is ranked #728 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Chia has an average sentiment score of 71 out of 5. Finally, Chia is becoming less newsworthy, with 2 news articles published about Chia.
On Twitter, people are mostly bullish about Chia. There were 51.41% of tweets with bullish sentiment compared to 59.64% of tweets with a bearish sentiment about Chia. 48.59% of tweets were neutral about Chia. These sentiments are based on 543 tweets.
On Reddit, Chia was mentioned in 178 Reddit posts and there were 3660 comments about Chia. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Chia calculator
1 Chia (XCH) to Japanese Yen (JPY)
¥1,455.16
1 Chia (XCH) to Real (BRL)
R$55.38
1 Chia (XCH) to Nigerian Naira (NGN)
NGN 15,544.13
1 Chia (XCH) to South Korean Won (KRW)
₩13,811.44
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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