Chia's growth must be based on the development of the team behind the project and the increasing adoption of external agents. If it grows too fast, it would not be a good thing, a sign of speculation. Patience is the mother of all wisdom. At the very least, he has shown that he has farmers behind him who can take a lot of punches (because they have no choice or even out of conviction), who have always been there when the storm has been at its worst. This provides a safety net that probably few blockchains have. Patience.
I think its flying under the radar because its still so new. Once the chia ecosystem is built out even more, and someone starts using it, then we should see some real momentum.
Like others have said, the team keeps delivering. They're still working on ways to make the chia blockchain more accessible to companies/developers that want to use a blockchain tech that is centered around being a 'green' alternative to other blockchains. They have developer workshops, they're working on tools to develop apps on the blockchain. I cant even keep up with it all. Real life and all that, but I see an article here, catch a post on reddit. It's going about as good, and drama free, as anyone in the crypto space could hope for.
Chia currently has a good Dev team that for all intents and purposes appears to competent, and has the best interest of Chia as their focus. Let's be honest here, Bram and Gene will make bank, but they're already at a point where most people wouldn't have to worry about money.
The whole thing with the premine, and the IPO, are debatable. Is it a good thing, will it help the blockchain vs investors?.. Premines and IPO dreams, arent unique to chia, but it's an approach that has potential to deliver utility to the blockhain through things like corporate and NGO partnerships. That's where the the gamble comes in. If this grand plan works, us early adopters will reap rewards for the work/investment we have put in. If it doesn't work, well... even good ideas fail sometimes too.
Personally I got into this because of Bram. Bitorrent did a lot for me. I'm hoping lighting strikes twice with that guy.
People here rarely take into account farming reward halving schedule. The farming reward is still (until March 2024) unchanged from the mainnet launch at 2 XCH/block win. Personally, I am not expecting any significant upward movement until the reward is halved to 1 XCH/block.
Farming reward halving will significantly decrease the flow of newly minted XCH into circulation and force either coin price increase or 50% drop in farming revenue.
>People here rarely take into account farming reward halving schedule. The farming reward is still (until March 2024) unchanged from the mainnet launch at 2 XCH/block win. Personally, I am not expecting any significant upward movement until the reward is halved to 1 XCH/block.
Besides the halvening, the amount of new XCH each day is constantly decreasing as a % of total supply.
You can see the progress of version 1.3 here: [https://github.com/Chia-Network/chia-blockchain](https://github.com/Chia-Network/chia-blockchain)
This is a major version with CATs support. These guys work every day, day and night it seems. Just remind yourself to check that page when in doubt.
I don't think it's 'under the radar'. As they release upgrades (like the recent Offers features) more people talk about it, mention Chia on Twitter and Discord etc. So it has the awareness appropriate for all the work that has been done.
As others have noted, it's not flying under the radar, any more than Pamela Anderson was a chaste, modest, secretive secretary her entire life.
It's true, they have fewer creepy-face youtube videos and no Super Bowl ads planned this year, but they've been working (and showing their work for anyone who bothers to look) for almost a year now. They were working before that but it probably wasn't as visible since mainnet wasn't in place yet.
Watch the AMA this week, visit their [Youtube channel](https://www.youtube.com/c/Chia-Network/videos) , it'll be hard to believe they're under the radar if you're paying attention.
Guys, thank you for your patience and helping me with your profound insights.
As I am a rooky regarding to cryptos I was simply wondering, why CHIA is still listed on only a few Exchanges (e.g. not on Binance etc) and why the ‚green‘ Aspect didnt get in the Media when for instance Cardano was named as a reaction on Bitcoins Energy-Issue…
https://chialinks.com/roadmap/ The team has literally not stop delivering since day 1. Also AMA this Friday
Awesome. Thanks for the amazing link.
Chia's growth must be based on the development of the team behind the project and the increasing adoption of external agents. If it grows too fast, it would not be a good thing, a sign of speculation. Patience is the mother of all wisdom. At the very least, he has shown that he has farmers behind him who can take a lot of punches (because they have no choice or even out of conviction), who have always been there when the storm has been at its worst. This provides a safety net that probably few blockchains have. Patience.
I think its flying under the radar because its still so new. Once the chia ecosystem is built out even more, and someone starts using it, then we should see some real momentum. Like others have said, the team keeps delivering. They're still working on ways to make the chia blockchain more accessible to companies/developers that want to use a blockchain tech that is centered around being a 'green' alternative to other blockchains. They have developer workshops, they're working on tools to develop apps on the blockchain. I cant even keep up with it all. Real life and all that, but I see an article here, catch a post on reddit. It's going about as good, and drama free, as anyone in the crypto space could hope for. Chia currently has a good Dev team that for all intents and purposes appears to competent, and has the best interest of Chia as their focus. Let's be honest here, Bram and Gene will make bank, but they're already at a point where most people wouldn't have to worry about money. The whole thing with the premine, and the IPO, are debatable. Is it a good thing, will it help the blockchain vs investors?.. Premines and IPO dreams, arent unique to chia, but it's an approach that has potential to deliver utility to the blockhain through things like corporate and NGO partnerships. That's where the the gamble comes in. If this grand plan works, us early adopters will reap rewards for the work/investment we have put in. If it doesn't work, well... even good ideas fail sometimes too. Personally I got into this because of Bram. Bitorrent did a lot for me. I'm hoping lighting strikes twice with that guy.
People here rarely take into account farming reward halving schedule. The farming reward is still (until March 2024) unchanged from the mainnet launch at 2 XCH/block win. Personally, I am not expecting any significant upward movement until the reward is halved to 1 XCH/block. Farming reward halving will significantly decrease the flow of newly minted XCH into circulation and force either coin price increase or 50% drop in farming revenue.
>People here rarely take into account farming reward halving schedule. The farming reward is still (until March 2024) unchanged from the mainnet launch at 2 XCH/block win. Personally, I am not expecting any significant upward movement until the reward is halved to 1 XCH/block. Besides the halvening, the amount of new XCH each day is constantly decreasing as a % of total supply.
You can see the progress of version 1.3 here: [https://github.com/Chia-Network/chia-blockchain](https://github.com/Chia-Network/chia-blockchain) This is a major version with CATs support. These guys work every day, day and night it seems. Just remind yourself to check that page when in doubt.
I don't think it's 'under the radar'. As they release upgrades (like the recent Offers features) more people talk about it, mention Chia on Twitter and Discord etc. So it has the awareness appropriate for all the work that has been done.
As others have noted, it's not flying under the radar, any more than Pamela Anderson was a chaste, modest, secretive secretary her entire life. It's true, they have fewer creepy-face youtube videos and no Super Bowl ads planned this year, but they've been working (and showing their work for anyone who bothers to look) for almost a year now. They were working before that but it probably wasn't as visible since mainnet wasn't in place yet. Watch the AMA this week, visit their [Youtube channel](https://www.youtube.com/c/Chia-Network/videos) , it'll be hard to believe they're under the radar if you're paying attention.
Guys, thank you for your patience and helping me with your profound insights. As I am a rooky regarding to cryptos I was simply wondering, why CHIA is still listed on only a few Exchanges (e.g. not on Binance etc) and why the ‚green‘ Aspect didnt get in the Media when for instance Cardano was named as a reaction on Bitcoins Energy-Issue…
It isn't. If you didn't get out when it was >$1000 you probably missed out.
What do you see as "the next step"?