Crypto is on fire right now. Binance’s CZ has successfully destroyed his longtime rival Sam Bankman-Fried and FTX, now BlockFi has suspended withdrawals from its platform because of the contagion spreading from the FTX destruction. But from what I can tell from the sidelines (at this point) Chia seems fine. Why is that? From where…
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Chia CAT upgrade fiasco part 2 – Was I wrong?
Now that Chia Network has released the technical write-up about their “CAT 2 Upgrade” process, both detailing out the specifics of the security problem that affected CAT1 as well as highlighting the two previous audits they had undergone we can see what I got right and what I got wrong in my, admittedly hot-headed, original…
WTF just happened?? CAT1 to CAT2 “upgrade”
Jesus Christ, Chia Network. Jesus Christ. This is a bad one. Chia Network has, in a very rapid turn of events, eliminated an entire asset class from their blockchain (CAT1) and replaced it an entirely new asset class (CAT2), removed the original from the client and caused a ton of chaos with a short notice…
The era of the Chia NFT is upon us
Now that the NFT1 standard has been out in the wild for a few days, and the creators in the Chia NFT space have had some time to start working with it the NFTs we have been waiting for are starting to pop out of the blockchain like a marmot infestation. Chia’s Chia Friends launch,…
Chia Blockchain 1.4.0 released – NFTs and DIDs oh my
Chia Network has released the next major milestone in their software evolution – version 1.4.0. This one is particularly special as it brings the long awaited DID and NFT standards to the Chia Blockchain. As always, you can download the latest version here and check out the release notes here. Because of my association and…
Chia launches their NFT standard for non fungible tokens – NFT1
Chia Network Inc has announced via tweet and press release their Non Fungible Token (NFT) standard called, creatively, NFT1. This is the standard outlined in CHIP-0005 as discussed here and we are going to talk about the standard a little bit today. As this directly impacts me as part of the Space Marmots project, I…
Let the CHIPs fall where they may
Chia Network has recently updated the Github repository where they store their CHIPs (Chia Improvement Proposals) and added a few critical ones that will help define the state of Chia over the coming year. I am going to go through them one by one to help get myself, and everyone else, up to speed. CHIP-0001…
Happy Birthday to The Chia Plot
Exactly one year ago I published the very first post on The Chia Plot, called “What is Chia“. This was before I really knew what I was talking about, and in what has become a tradition on this site – let’s tear it to pieces and hurt the feelings of the person who created it….
The Great Crypto Crash – or this one at least
Wow. Its been hard to hold crypto the last little while. I haven’t been paying much attention recently due to family issues but I can say that every time I do take a look it hurts my heart a little. We dipped below $40 XCH today, not for the first time this week, and there…
Chia Network details plans for Non Fungible Tokens (NFT)
In a blog post released this evening, Chia Network has detailed out their plans for the NFT standard they will be releasing this year. This is of special interest to me and the Marmotverse team, so I paid very close attention. The most immediate piece of news is the phased approach. Chia will be releasing…