It was founded by BramCohen, the inventor of BitTorrent. Similar to Bitcoin, Chia Coin will be a global open source decentralized network. Using its original cryptocurrency to run the payment and settlement system will be called Chia or XCH, which is also the origin of Chia currency.
Chia needs a large-capacity hard disk: Unlike Bitcoin, which needs a graphics card to provide mining computing power, Chia needs ordinary users to use and expand their storage space in order to get a higher probability of explosion and win prizes.