Chia (XCH)

$19.36

+1.44%

Explore Chia (XCH) with live charts and updates. Stay informed about XCH's market status, trading tips, and the evolving landscape of digital assets. Gain valuable insights for informed decisions in the crypto market.

Chia (XCH) Price Real Time-Data

The live price of Chia (XCH) is $19.36 with a 24-hour trading volume of $5.29M. Its 24-hour peak value is $19.6, and its 24-hour low is $19.01. The current circulating supply is 10.75M XCH, leading to a fully diluted market capitalization of $208.15M. The Chia (XCH) to USD price is updated in real-time.

What is Chia (XCH)?

Chia (XCH) is a layer 1 blockchain utilizing Chialisp programming language and a unique consensus mechanism called proof-of-space-and-time (PoST). It aims for energy efficiency without compromising security and aspires to list on NYSE or NASDAQ.

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FAQ

Who founded Chia (XCH)?

Chia (XCH) was established by Bram Cohen in 2017, with a team led by Gene Hoffman as COO and Mitch Edwards as CFO. Notable investors like Andreessen Horowitz and Galaxy Digital have backed the project.

How many Chia (XCH) exist?

The current XCH supply is 22,582,025, with 21 million pre-farmed for project development. The issuance rate varies over time, with rewards diminishing gradually over a 21-year period.

What are the uses for Chia (XCH)?

XCH serves various purposes including staking, voting, promotion, and covering gas fees. It aims to simplify DeFi adoption and provide enterprise solutions, with plans for governance through a DAO based on XCH.

What is the history of Chia (XCH)?

Chia launched its first proof-of-time function in 2019 and its beta blockchain in 2020. The mainnet launched in 2021, showcasing wallet functionality, transactions, and smart contracts. The network emphasizes energy-efficient consensus and corporate governance.