What is Xch coin?

Chia Network (XCH) is a layer 1 blockchain that uses its own custom-designed programming language called Chialisp and a novel consensus mechanism called proof-of-space-and-time (PoST) . The combination of these two allows the blockchain to use less energy without compromising network security.

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How does Chia coin work?

The Chia blockchain comes up with its own random number, and the winning miner is the one who has the closest match . Chia describes this as “proof of space and proof of time” but essentially the more hard drive space you have, the more random numbers you own, and the greater your chance of winning.15 Tem 2021

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