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Integrate with
Chia

Before integration, please read the documentation on the official website. If you have any questions, you can send a request to support.

Coinbase documentation

What is Chia?

Chia is a blockchain platform that introduces a novel approach to consensus and energy-efficient blockchain operations. It leverages a Proof of Space and Time (PoST) consensus mechanism, which utilizes unused storage space on devices to secure the network and validate transactions.

Key Features

  • Proof of Space and Time (PoST) Consensus
  • Energy-Efficient Operations
  • Decentralized and Secure Network
  • Smart Transaction Validation
  • Alternative to Proof of Work (PoW)

Use Cases

Chia's approach to consensus makes it suitable for environmentally conscious blockchain users and miners who want to participate in securing the network without the energy-intensive requirements of traditional Proof of Work. It can be used for various blockchain applications, including secure transactions and asset tracking.

Accounting Features Supported for
Chia
Cost Basis & Inventory Tracking >
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Unrealized G/L & Impairment Calculation >
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Reconciliation & Sanity Checks >
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NFTs Valuation
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Automated Rule Categorization
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Integrations to ERPs, Quickbooks, Xero, Netsuite, Sage, Pennyworks, etc.
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