Bitcoin (BTC) vs Chia Network (XCH) Comparison

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On this page, you can compare Bitcoin (BTC) with Chia Network (XCH). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.

Company

User rating

2 / 5 2 user reviews 1 / 5 1 user review

Cryptogeek rating

4.2 / 5 4.2 / 5

Trust Score

How it works
3.74 / 5 3.94 / 5

About

Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
Founded by Bram Cohen, the inventor of the BitTorrent network, Chia Network is building a better blockchain and smart transaction platform which is more decentralized, more efficient, and more secure.

Type

coin coin

Founding Date

2009 2018

Country

International USA

Languages

No data English, Japanese, German, French, Spanish, Italian, Russian, Chinese, Dutch, Turkish, Danish

Team

Not Public Public

Protocol

Public blockchain No data

Current price (USD)

91910.4791 22.5391

All-time high (USD)

20089.0000 No data

Price change (24h)

-3.14 -8.12

Volume (24h)

6787908054.87810 16936358.87853

Hashrate

93000000000 No data

Max Supply

21000000.00000 No data

Total supply

No data No data

Circulating Supply

19787906.00000 32314159.44827

Transaction speed / Block time

7 No data

Transaction fee

1 No data

Mining profitability

No data No data

Algorithm

SHA-256 No data

Proof type

PoW No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

18433468.00000 No data

Is trading

yes No data

Block reward

6.250000000000 No data

Block time

600 No data
Company
User rating User rating 2 / 5 2 user reviews User rating 1 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4.2 / 5
Trust Score How it works Trust Score 3.74 / 5 Trust Score 3.94 / 5
About
Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
Founded by Bram Cohen, the inventor of the BitTorrent network, Chia Network is building a better blockchain and smart transaction platform which is more decentralized, more efficient, and more secure.
Type Type coin Type coin
Founding Date Founding Date 2009 Founding Date 2018
Country Country International Country USA
Languages Languages No data Languages English, Japanese, German, French, Spanish, Italian, Russian, Chinese, Dutch, Turkish, Danish
Team Team Not Public Team Public
Protocol Protocol Public blockchain Protocol No data
Current price (USD) Current price (USD) 91910.4791 Current price (USD) 22.5391
All-time high (USD) All-time high (USD) 20089.0000 All-time high (USD) No data
Price change (24h) Price change (24h) -3.14 Price change (24h) -8.12
Volume (24h) Volume (24h) 6787908054.87810 Volume (24h) 16936358.87853
Hashrate Hashrate 93000000000 Hashrate No data
Max Supply Max Supply 21000000.00000 Max Supply No data
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 19787906.00000 Circulating Supply 32314159.44827
Transaction speed / Block time Transaction speed / Block time 7 Transaction speed / Block time No data
Transaction fee Transaction fee 1 Transaction fee No data
Mining profitability Mining profitability low Mining profitability low
Algorithm Algorithm SHA-256 Algorithm No data
Proof type Proof type PoW Proof type No data
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined 18433468.00000 Total coins mined No data
Is trading Is trading yes Is trading No data
Block reward Block reward 6.250000000000 Block reward No data
Block time Block time 600 Block time No data

Social

Website

bitcoin.org www.chia.net

Twitter

No data @chia_project
Website Website bitcoin.org Website www.chia.net
Twitter Twitter No data Twitter @chia_project

Advantages

- Anonymity; - Small commissions; - High translation speed; - Blockchain technology; - The new payment method officially legalized in a number of countries. Trustworthy team Green technology Regulated

Disadvantages

- Attack 51%; - Illegality in many countries; - Unpredictable rate. Pre-mined coin

Rating

User rating User rating 2 / 5 2 user reviews User rating 1 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4.2 / 5
Advantages Advantages - Anonymity; - Small commissions; - High translation speed; - Blockchain technology; - The new payment method officially legalized in a number of countries. Advantages Trustworthy team Green technology Regulated
Disadvantages Disadvantages - Attack 51%; - Illegality in many countries; - Unpredictable rate. Disadvantages Pre-mined coin

Bitcoin (BTC) user rating is 2, based on 2 user reviews. Chia Network (XCH) user rating is 1, based on 1 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 3.74 / 5 Write review
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Bitcoin (BTC) features

At the moment Bitcoin (BTC) price is 91,910.4791. Its 24h volume is 6,787,908,055.8781. 24h price change is -3.14.

Bitcoin (BTC) max supply is 21,000,000.0. The circulating supply is 19,787,906.0.

Bitcoin (BTC) hash rate is 93000000000. Bitcoin (BTC) transaction speed/block time is 7. Block reward is 6.25.

At the moment the number of coins mined is 18,433,468.0. Mining profitability is low.

Bitcoin (BTC) Cryptogeek user rating is 2, based on 2 user reviews.

Chia Network (XCH) features

Chia Network (XCH) price is 23.5391. Its 24h volume is 16,936,359.87853. 24h price change is -8.12.

The circulating supply is 32,314,159.44827.

Mining profitability is low.

Chia Network (XCH) Cryptogeek user rating is 1, based on 1 user reviews.

Some basic rules

When trading cryptocurrency, you should take into account the following rules:

Keep track of emotions

Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.

Beware of hype

Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.

Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.

Don't be taken in by false news

An important lesson: do not believe the news, study the topic yourself.

Apply investments diversification strategy and risk management

Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.

  1. Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
  2. An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
  3. High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).

Lesson: never put all your eggs in one basket.

Do not store tokens on exchanges

Lesson: while tokens are stored on the exchange, do not consider them as yours.

On this page, you can compare Bitcoin (BTC) with Chia Network (XCH). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.