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Akash Network Adds Support for Chia Network -Breaking

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Akash Network adds support for Chia Network

Today, Akash Network announced it had added support for Chia Network (an open-source blockchain and smart transaction platform) allowing Chia users create NFT plots with just a few mouse clicks. As the world’s first decentralized Web (dWeb) platform to support plot creation on its network, Akash Network provides the advanced hardware requirements that plotting requires. It opens up opportunities for beginner and intermediate farmers, as they can monetize idle mining hardware.

We believe supporting plot creation in our network’s networks is an essential part of Web 3.0.”
Greg Osuri CEO, Akash Network.

“Plotting onto Akash streamlines the process and empowers farmers communities through self-sovereignty. This makes Chia farming more accessible for those who don’t have compute access and allows for a new breed of farmers.
Akash and Web3.0 share a common vision of decentralizing storage. This partnership will allow Akash to support persistent storage, which in turn, will enable Chia farming. The user must first create a plot, then transfer it to persistent storage. The users will create plots that fill their persistent storage. These can be multiple petabytes or larger. When a Chia user’s disk space is used to validate the blockchain, the user is rewarded the block reward, incentivizing users to increase the amount of storage on the network and increasing the likelihood of mining the next block.

“Chia is excited about Akash’s new platform for plotting, as a Service,”
said Jonmichael Hands, VP Storage, Chia Network.

It is web3-based and decentralized. “It will also benefit our existing farmer community, allowing them to monetize the plotting equipment they have purchased, and ushering in a new generation small farmers who can easily and cheaply get involved in Chia farming.”
Chia Network relies on the contributions of users all over the globe to provide disk space. It has so far reached more than 40 gigabytes with the help of hundreds of thousand of farmers. The result is one of the most distributed cryptocurrencies.

Click here to learn how you can plot on Akash. For media inquiries, please contact Kelsey Ruiz at kelsey(at)akash(dot)network.

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