In the beginning, Chia forks were co-farmable with normal OG Chia plots and there were no issues. You used the same keys, you could farm the same plots and get rewards on them all. But when Chia Network released their on-chain pooling protocol it required a replotting to an NFT stored on the Chia Blockchain…
Tag: flax
All the Chia Forks will need to hard fork soon and here is why
With the recent announcement from Flax that they will be solving the NFT plot problem and pools with a small change to the consensus mechanism the other Chia Forks are going to soon have a hard decision to make. In order to stay feature-competitive with Flax they are going to need to make a hard…
Flax and Flora both announce full NFT plot support with a strange restriction
Both Flora Coin and Flax Network have announced full NFT support on their respective coins this morning. I will include both announcements and links below, but the gist of it is that when farming to NFTs on the chia blockchain you will get the 0.25 XFX or XFL reward immediately but then wait 1 week…
Flax Network 0.1.1 released with a tantalizing promise of real NFT plot support
Flax Network has just released their latest version, 0.1.1, which is rebased on Chia 1.2.3. It will support farming the NFT plots for 0.25 XFX rewards – just like the rest. With a twist. A wonderful twist. They are officially announcing support in the 0.2.0 release for full NFT plots as well as recovering the…
World first XFX – Chicken exchange
In what is being dubbed “a historic day for Flax and for chicken” the Poor Investor found a sucker to buy him and his lovely family some chicken for dinner – me. Watch his video below. He was generous enough to tip me a whole XFX even after I had forced him up 50% from…
Flax Network incredibly crosses 1 exbibyte of netspace
For the Flax Network team today is a wonderful milestone; their Chia fork has crossed 1 EiB of netspace over night. It is an incredible accomplishment to have gotten their coin to that much netspace, possibly a truly secure PoST blockchain. Based on my conversation with their developer they never expected Flax to blow up…
How To Farm multiple Chia forks securely
This guide will instruct on how to use Windows to farm multiple Chia Forks from the same plots securely using Hyper-V. You will need about 4GB of RAM per fork. You can save some RAM by running multiple forks on a single VM as long as they kept distant from your Chia Farm. At the…
Foxypool farming pool now supports Flax
Apparently you can farm your Flax coin, or XFX, in an off-chain farming pool with Foxypool. This is great news for the fledgling Chia fork, and will help farmers on that network gain rewards from their farm. It might be surprising if you haven’t been following Flax, but it is growing very rapidly. The netspace…
Poor Investor is trying to make chicken out of Flax
Check out the latest video from The Poor Investor. He has an open invitation out to buy him some chicken in exchange for some Flax (XFX). A chance to be the new “bitcoin pizza” is very interesting, and without spending a billion dollars.
Flax developer launches Flax Explorer
This is great news, the first of the fork-specific tools are launching today. Flax has launched a Flax Explorer website to show all the statistics about their network and track wallet addresses and transactions. It is pretty barebones right now, but it looks like it works and it is a critical extension to the Flax…
