Why is chia-blockchain trending on Github?
Victor Quan Lam
Posted on August 29, 2021
Chia-coin (repo) is a python- based open-source project where "modern cryptocurrency is built from scratch, designed to be efficient, decentralized, and secure".
In contrast to Bitcoin or Ethereum, Chia coin are mined by the force of a processor or video cards, this new digital currency is mined on hard drives and SSDs.
What's space and time-proof?
While in PoW, the client should demonstrate the work he has done, in PoS, the stake is made, PoT related to Proof-of-Space suggests verification of free hard plate space. Proof of space and proof of time improve the network's security immensely.
The algorithms
Notwithstanding a few similitudes to Bitcoin, Chia's code is composed without any preparation and doesn't utilize the Bitcoin codebase.
To lessen the instability of the coin, Chia will utilize the essential hold made because of pre-cultivating. The engineers set the accompanying regions as their objectives: making an ideal blockchain for conveying applications, making the first traded on an open market cryptographic money near ETF, animating reception in partnerships and among end-clients.
Being one of the most trendy repo on github, there're plenty of issues are required to be resolved This may be a good opportunities for you to contribute to this "green" crypto project and gain some solid coding experience.
Posted on August 29, 2021
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