Exciting updates are on the horizon for Chia farmers with the latest iteration of Chia’s new proof of space format. Earlier this year, we shared our progress on new technologies that we believe addressed two pressing issues:
XCH (Chia) is the key to unlocking the full potential of the Chia Blockchain for transacting, trading, and using decentralized applications (dApps). Getting started is simple; choose a wallet, load your wallet, then use your XCH.
Our new solution will harness the latest advancements while staying true to the Chia blockchain’s commitment to decentralization and environmental responsibility. Below we’ve included the latest info and updates from DrNick on the plot format updates.
Welcome to the Chia Cloud Wallet, a new platform for interacting with the Chia blockchain. Assets are stored in vaults, in an app that is always synced with the blockchain.
The Chia reference wallet comes with a few included CATs, but most will need to be entered manually. If you want to add one of the included CATs, click the slider next to the CAT you would like to add.
Today, we’re excited to provide an overview of a significant upgrade coming to the Chia blockchain: a proposed new Proof of Space protocol designed to enhance security, improve energy efficiency, and establish a durable foundation for the future.
We'll start off with a foundational understanding of the Chia blockchain. This includes what blockchains are for and what makes Chia different from other options.
Once a plot has been created, you have a chance of winning Chia as long as the file is being stored and the Chia farming software is running. When farming, you allocate a certain amount of storage space in order to have a chance at winning Chia.
