#Live coin watch xch code#

The coin dipped below the $100 mark in December 2021, and below $50 in May 2022. Since then, XCH has been on a slow and steady downtrend. The coin rapidly declined, and by late July 2021, it was down to about $180. However, that level proved unsustainable. Within the first fortnight, XCH shot up to its all-time high of $1,645.12. In May 2021, XCH was launched and traded between $600 and $700.

#Live coin watch xch code#

Chialisp is its programming language, which offers security, ease of auditing the code and other powerful features. And like PoW, PoST is more secure than proof of stake (PoS), because it’s less vulnerable to power usurpation by a small group of nodes with significant coin ownership.Ī programmable blockchain, Chia can support decentralized apps (DApps) and mint Chia Asset Tokens (CATs), the fungible tokens of XCH. Chia’s farming, which is not to be confused with the farming on decentralized finance (DeFi) protocols, relies on validators using their hard disk space to process transaction blocks.Ĭompared to PoW, PoST is less energy-intensive, and highly decentralized, as anyone with an internet connection and free disk space can participate in mining. In PoST, transaction blocks are generated in a process called farming. The blockchain boasts partnerships with some of the leading financial organizations, such as the World Bank.Ĭhia puts a fresh spin on the Nakamoto Consensus algorithm used in Bitcoin’s proof of work (PoW), with its ASIC-resistant block validation method called Proof of Space and Time (PoST). Chia mainly targets enterprises and large organizations as its main user groups. XCH is the native cryptocurrency of Chia Network, a Layer 1 blockchain platform designed with an ethos of sustainability and regulatory compliance.