In today’s All about Pools entry we spoke to Chiabatta, a group of South Korean farmers really trying to bring Chia to their part of the world. I really liked this team, they have a lot of ideas to not just grow their pool but the entire Chia community in South Korea.
The Chiabatta team was very open and honest during their conversation. One of the questions I like to ask is how a pool plans on handling potentially vast sums of money. Mostly I get the same answer – the protocol is automated and they are separating everything to keep it secure. I’m sure Chiabatta is doing the same thing, but their answer was refreshing. They aren’t dealing with vast sums of money. They are getting block wins, but distributing it out and they don’t actually ever hold much Chia. They need to grow a lot more before this is a problem A lot more. Which is the other very frank answer I got from them, that they don’t actually expect a rapid siphoning off from other pools. They are looking at the long term here, and seem realistic about it.
But they are trying to grow, and like I said, not just the size of their pool but the entire Chia ecosystem in South Korea. They cannot discuss many details with me yet, but they tell me they have reached out to Chia Network with an idea for an initiative to raise Chia awareness in South Korea and grow the community. I like this kind of work, I think there is not enough friendly outreach in our community right now. I highly recommend Chia Network work with these folks on that, if its in the cards.
They are also pretty upfront about the difficulties of building a South Korean pool. Their activities are heavily regulated there and are fully compliant and working towards full registration with all the certifications required. This is a big deal to me, as you might know, and I think knowing that they are trying to be a legitimate busines always suggests to me that they are more likely to share long term interests with their farming community. These are the pools I like to recommend, and Chiabatta is no exception. They seem like a great choice for anyone looking to choose a pool.
At the end I usually ask the pool to say a little something about themselves, and then I paraphrase because I’m not running an ad service here. But I’m going to publish Chiabatta’s response because I really like the direction and I agree with every word. They talk about translating materials into Korean and really building out the community there a lot, and I think the entire world should support that. South Korea is a critical tech market and will mean a lot for Chia’s global growth.
Chiabatta is the first pool service in South Korea. It’s a symbolic service, I believe.
South Korea is enthusiastic for the blockchain technology and there are so many early adopters, I mean farmers.
However, we don’t wanna be just a pool service. We want to devote ourselves to make a better Chia blockchain ecosystem. We will build a more sound community for Korean farmers and investors. Currently, most of community members are farmers. Once Chia coin(XCH) is listed on Korean exchanges, more users will be participating in the community.
To make a better community, Chialisp developers are very important. We want to make a community and materials in Korean to make developers interested in Chia blockchain. However, all the things above is not enough . We need to build things together.Chiabatta