So I recently sat down for a conversation with The Poor Investor on YouTube about what the “State of Chia” is for farmers like us right now. Its definitely worth a watch, especially for someone like me who likes the sound of his own voice.
The main theme of the conversation is how we have both followed roughly the same pattern in our interest in Chia – first we built our plotting and farming setups, then we ran them as hard as we could for awhile until we had a nice set of farms, then the forks started to come out and we started to play with them. But now that the on-chain pooling protocol has been released we are both focused entirely on the NFT plotting and not really worried too much about the fork farming.
Because we are on the same page on this, and both with medium sized farms, I suspect that a lot of other people are too. I think we are beginning to see that without support for not only NFT pools, but the same NFTs that Chia is using (with their XCH addressing and the whole 9 yards) its going to be very difficult for any of the forks to grow the way they have been in the past.
As I imply in the interview, I have been told it is possible for a Chia fork to read the NFT plots off the Chia blockchain using the correct keys but it would be much harder than just implementing their own Pooling protocol. But without that forks will not be able to use the portable plots and they will almost certainly be dead in the water.
Check out part 1 below, and make sure to go follow The Poor Investor.