Chia, a new cryptocurrency that allows anyone the ability to verify transactions without dependency on single-use hardware, has launched. Tokens stemming from the Chia network will use a proof of space and time verification algorithm, called proof-of-space, which relies on storage.
With the launch of Chia and a new wave of cryptocurrency growth, storage demands have soared and capacity is a major concern. In fact, the Chia project has caused shortages of high-end hard drives and SSDs in China and impacted secondary markets.
In support of the Chia initiative, RAID Incorporated’s Ability 4U 90-Bay with 18TB drives are in stock and ready to ship.