Updated: Jun 21
Eco-friendly and 100% decentralized blockchain with low fees and high transaction speed
May 20, 2021
We are excited to share with you that our mainnet became live and open to the public on May 20, 2021. We are thus one step closer to achieving what Satoshi Nakamoto envisioned for Bitcoin - an electronic cash system that is 100% decentralized and secured by a global network of idle unspecialized equipment that everybody has access to.
From now onwards anybody can farm and transact on the Chaingreen blockchain, so we expect many more people to join the community and to start farming Chaingreen in the upcoming weeks.
Our team is now focusing its efforts on marketing as well as on getting Chaingreen’s coin (CGN) listed on every major exchange, which would benefit all Chaingreen users.
Block rewards are 500 CGNs per block every 18.75 seconds, so make some space on your hard drive and start farming!
Thank you for supporting the Chaingreen project!
Chaingreen aims to become the green cryptocurrency alternative to Bitcoin. While Bitcoin uses the Proof of Work (PoW) cryptographic method to validate transactions, which is extremely energy-consuming, Chaingreen is a fork of Chia and benefits from the 99% more efficient Proof of Space and Proof of Time (PoST) consensus algorithm.
Anybody can farm (rather than mine) Chaingreen coins with the use of their idle hard drive or SSD storage. No specialized equipment, access to cheap electricity or huge investment are required, which makes it very accessible to the mass user. Additionally, no coins have been pre-farmed so that Chaingreen is 100% decentralized. The project is community-funded.
Find out more about Chaingreen in our whitepaper.