Chia (XCH) Crypto Exchange

Chia (XCH) was introduced in March 2021, coinciding with the launch of the Chia mainnet. The coin was developed by Bram Cohen, the inventor of BitTorrent, with the goal of building a sustainable and energy-efficient cryptocurrency that relies on storage space instead of traditional mining.

Chia was founded by Bram Cohen, a software engineer best known for inventing BitTorrent, with the goal of making blockchain more sustainable and accessible.

Chia uses a unique consensus mechanism called Proof of Space and Time (PoST). Instead of energy-intensive mining, users “farm” Chia by allocating unused hard drive space, which helps secure the network and verify transactions.

Chia (XCH) can be interesting for those who believe in eco-friendly blockchain technology, since it uses storage-based farming instead of energy-heavy mining. However, XCH is still highly volatile, and its long-term success depends on adoption and network growth.

Make sure to do your own research (DYOR) and only invest what you can afford to lose.