Chia Network

CategoriesPlatform
Market statusEarly development
Action (Smart Contract)?No
ApplicationA decentralized cryptocurrrency and blockchain with the goal to prevent wasting massive amounts of electricity to secure a blockchain and lessen (e.g. ASIC-powered mining) centralization
Traits (blockchain)Proof Stake and Proof of Time verification; Uses Bitcoin codebase
Date/TimelineICO and network launch planned for 2019