XCH (Chia Network)

Chia was founded by the founder of BitTorrent.

It uses the consensus algorithm of Proof Of Space and Time, which combines two consensus mechanisms of “Proof of Space and Time”.

How to buy XCH (Chia Network) on Huobi?

Follow the easy 4 steps below to buy XCH (Chia Network) on Huobi.

  1. Register a Huobi Global account
    Provide an email address, create a username, and choose a secure password.
  2. Verify your account
    After registering and verifying, all you need to do to buy Bitcoin is to provide your name, date of birth, country/region and phone number. For verification information, see the verification documentation.
  3. Deposit in fiat currency or cryptocurrency
    To deposit cryptocurrency, you only need to check the encrypted address on Huobi Global and send funds to that address. There are many ways to use fiat currency to fund your account for transactions, including credit cards, cash, and other cryptocurrencies.
  4. Start buying Bitcoin on Huobi
    Once your fiat currency or cryptocurrency is in your account, you can start buying Bitcoin. Through your Huobi Global account, you can get trading charts, 24-hour global customer support, and XCH (Chia Network) derivatives trading.

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What is XCH (Chia Network)?

Chia Network was founded by legendary programmer Bram Cohen and can verify its blockchain with cheap and redundant unused hard drive storage space. CHIA relies on file storage space to verify and then combines it with time proof to eliminate the worry of a large number of attacks.

Chia was established in August 2017 with the aim of developing an improved blockchain and intelligent trading platform to improve global financial and payment systems. Chia will be an enterprise-level digital currency. Chia is using the first new blockchain consensus algorithm since Bitcoin. It is called “Proof of Time and Space”. Chialisp is Chia’s new intelligent transaction programming language, powerful, easy to audit and safe. The currently available reference smart transactions include atomic swaps, authorized payees, recoverable wallets, multi-signature wallets, and price-limited wallets.

Chialisp is Chia’s new intelligent transaction programming language, powerful, easy to audit and safe. Since Bitcoin was launched in 2008, the blockchain has been powered by the new Nakamoto-style consensus algorithm. Proof of space and time replaces energy-consuming “proof of work” by using unused disk space.

Chia Network extensively supports the development and deployment of the Chia blockchain. Chia Network supports chia developers and supports the use of chia by enterprises through software support and chia loans.

Chia will pre-mine 21 million Chia when the network is launched, and help stabilize and develop the Chia economy through Chia’s novel loan Chia business plan.

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