We have a pretty healthy forum growing over at https://chiaforum.com if anyone is interested in getting into chia plotting and farming.
The coin will start allowing transactions on Monday, should be interesting to see it play out price-wise!
The coin will start allowing transactions on Monday, should be interesting to see it play out price-wise!
I really hope that BTC and all similar will finally find some real use or collapse (beyond gambling and scams), current situation is ridiculous.
The long term goal is getting Chia so decentralized that buying HDDs to plot chia will be unprofitable
hopefully it will not be caused by Chia being successful and causing increase in HDD prices
Despite the buzz around cryptocurrency prices, there have been very little new working decentralized consensus algos since 2009. Most alternatives (the shitcoins you're talking about) compromised on decentralization and/or security. Chia has the potential to be a strictly better Bitcoin on almost all points.
(I'm neither an investor, nor a miner, nor do I own any of the coins, I've simply been enthusiastically waiting for its release since it was first announced)
It is becoming increasingly maddening to me that people still think this is a good idea.
If the coin becomes important or profitable, would this still be true? It seems like some of these coins replace direct energy use (coal/nuclear) with indirect energy use (create chips in factories from mined materials, all using coal/nuclear).
See Andrew Poelstra ‘15: https://nakamotoinstitute.org/static/docs/on-stake-and-conse...
I’m a huge fan of both Kevin and Bram so this was a big geek fest for me. The tech is very compelling.