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…
Category: Discussion
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,…
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…
Going through some things – an update
Hello to my patient readers, who have stayed with me through the past month of very little content. I believe I owe you an explanation for my absence, as well as an update on my thoughts about Chia. First the big news about Chia. I missed a post about a new release for the first…
Does Chia test enough on Windows?
I don’t know. There, that was easy. Yesterday I wrote a post about the Chia 1.3.3 re-release to re-fix the OpenSSL vulnerability on Windows. I have had them tell me in the past they don’t test everything on Windows. For example, when I was trying to get their crawler to run I was told they…
Chia and the 2022 European Anti Money Laundering package
This week the Committee on Economic and Monetary Affairs (ECON) and the Committee on Civil Liberties (LIBE) of the European Union voted overwhelmingly to instill strong new regulations on cryptocurrency transactions, with no minimum limit, as part of their new anti money laundering package. This is first of its kind regulation in a major economy…