Super glad to be a part of the engineering team that built this chain. It's built on solid principles and with an amazing growing community too. Thousands of nodes running already on launch date, hopefully it will be super decentralized :)
Chia Blockchain mainnet successfully launched today at 14:00 UTC
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Re: Chia Blockchain mainnet successfully launched today at 14:00 UTC
#12This is huge. An alternative to proof of work using extra hard drive space instead of CPU. And anyone with hard drive space can mine/farm! No special hardware needed. Seems possible that this will be a basis for other crypto projects too.
I wonder if this means more CPUs/GPUs available in the next future, and less HDDs available. Given the current GPU craze, this might be a good time to invest in large HDDs.
Re: Chia Blockchain mainnet successfully launched today at 14:00 UTC
#13Earlier quoted context omitted.
Ha, sadly my measly k32 plot is saying I'll win a block in 8 months. Still, it's a promising alternative to the Bitcoin blockchain. I think this might actually go somewhere. Their GUI is wonderful and dead simple to use.
I just heard the creators on the launch livestream say that hey, even if you win one XCH a year that might be enough to pay for a new computer depending on how the market ends up pricing chia so that's not so bad!
Probably cheaper to just buy one XCH then...
Re: Chia Blockchain mainnet successfully launched today at 14:00 UTC
#14So why is this a thing that has to be posted here? Any context?
The inventor of of BitTorrent invents an alternative of proof of work. And implements it.
The only reason this hasn't got more upvotes is because most people can't discern the difference between "another random crypto" and something actually new.
Re: Chia Blockchain mainnet successfully launched today at 14:00 UTC
#15Earlier quoted context omitted.
I just heard the creators on the launch livestream say that hey, even if you win one XCH a year that might be enough to pay for a new computer depending on how the market ends up pricing chia so that's not so bad!
Probably cheaper to just buy one XCH then...
Not if you already have extra space on your hard drive! For example I had a couple terabytes lying around from old computers I wasn't using. It's really easy to farm on Chia — people have petabytes running off a raspberry pi.