https://twitter.com/MessariCrypto/status/1592955694201729024"1/ Proof of Work is too resource-intensive.
Proof of Stake is too centralized.
@chia_project
answers the call as a more #sustainable, decentralized L-1 blockchain design."
https://messari.io/report/chia-network-a-distributed-sustainable-l1?Chia Network: A Distributed, Sustainable L1
"Key Insights
Chia Network is a decentralized Layer-1 blockchain with a sustainable and regulatory-compliant architecture.
The protocol is led by Chia Network Inc., a private company led by BitTorrent founder Bram Cohen.
Chia maintains one of the largest node networks in the crypto ecosystem.
Notable regulatory entities have partnered with Chia, including the World Bank, the International Finance Corporation (IFC), and the Government of Costa Rica.
In 2022, the network’s daily transaction volume has remained flat near all-time-lows."