Chia Network: A New Solution for Creators?
Plus: The proof of space and time consensus algorithm.
Today's premium content features a behind-the-scenes interview with Paul Hainsworth, chief product officer at Chia Network. We talked about Chia's consensus model and how it innovates to solve creators' problems using NFTs. Here are some of the other things we covered:
what Chia Network is, how it resembles Bitcoin, and its goals
the description of a new consensus model to make the network more sustainable
how Chia's programming language solves many complexities
how Chia Asset Tokens (CATs) enable the programmability of a coin and how they differ from ERC-20s
the way in which Chia works with NFTs
how creators can work with on-chain royalties on Chia
the challenges that Chia is facing to increase adoption
why creators would choose Chia instead of Ethereum or Solana
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