Chia Network – DIGIT INFO

Chia Network Files for IPO With the SEC, Eyes Public Listing

DIGIT — Sat, 15 Apr 2023 12:19:55 +0000

On Friday, Chia Network Inc. announced that it had submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC), requesting an initial public offering (IPO). The blockchain network company, founded by Bittorrent creator Bram Cohen, will initiate the IPO after the U.S. securities regulator approves the filing. Bittorrent Creator’s […]

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Chia raises $61M for ‘eco-friendly’ crypto despite critics

DIGIT — Tue, 25 May 2021 02:42:12 +0000

Chia Network has raised $61 million in funding from leading tech investors including Andreesen Horowitz and Naval Ravikant for its supposedly eco-friendly crypto network.

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Bittorrent Creator Bram Cohen’s Crypto Project Chia Sparks Hard Drive and SSD Shortages

DIGIT — Sun, 25 Apr 2021 12:00:36 +0000

On May 3, tokens stemming from the Chia network, a smart transaction blockchain created by the Bittorrent creator Bram Cohen, will start trading and transactions will be fully enabled. Rather than leveraging the proof-of-work consensus algorithm, Chia will utilize a model called proof-of-space which relies on storage. With Chia’s transactional launch pending, the project has […]

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