The Chia Mainnet 4th anniversary live session covered many exciting updates about the blockchain’s progress and future plans. Gene Hoffman joined the stream to share the state of Chia Network after four years of development. The team discussed new features coming in 2025, real-world applications already in use, and how Chia is changing financial markets.
Key Topics from the Chia Mainnet Anniversary Session
Looking Back at Four Years of Growth
The Chia team started by looking back at their journey. Gene Hoffman called the four years since launch “wild” with both good and bad moments. He mentioned that about two years faced delays because of bad actors and problems. Even with these challenges, the team kept building.
Now, Chia stands at what Gene calls “a turning point.” The blockchain has grown into what he describes as “the most functional and user-friendly blockchain ever.” This happened through steady work and fixing problems as they came up.
| Year | Main Developments |
|---|---|
| Year 1 | Initial launch and building the community |
| Years 2-3 | Working through challenges and technical issues |
| Year 4 | Reaching maturity with better features and ease of use |
Gene thinks 2025 will be a big year for Chia. He believes the blockchain is ready to become “the most secure, the most decentralized, and the easiest one for normal humans” to use. This balance of strong security and simple use makes Chia special compared to other blockchains.
New Security Features Coming Soon
One of the most exciting parts of the live session was the talk about new features. The Chia team is working on two big updates:
- Vaults – These will offer better security for storing assets
- Cloud Wallet – This will make managing assets easier
These tools will bring “self-custody to a whole new level.” This means people can keep control of their own assets with strong security. These features will first change how Wall Street works. Later, they will help with company login systems and supply chain tracking.
| Feature | What It Does | Why It Matters |
|---|---|---|
| Vaults | Provides enhanced security storage | Keeps assets safer than before |
| Cloud Wallet | Simplifies asset management | Makes blockchain easier to use |
| Mobile Access | Brings security “in your pocket” | Makes high-level security available to everyone |
The team is proud that these security features will be available to everyone through their phones. Before, this level of security was “unavailable to almost everyone.” Now, regular people can protect their digital assets without needing special knowledge.
Real-World Blockchain Applications
The Chia team shared several ways their blockchain is already working in the real world. This shows Chia isn’t just an idea but a working system solving real problems.
Carbon Credit System Success
One big success is Chia’s carbon credit system. The blockchain now lists almost all carbon offsets ever created. While only some are trading now, more will join soon.
This system stands out because multiple countries and governments use it daily. It’s not just a test – it’s a working system that helps track and trade carbon credits.
The Chia blockchain works well for carbon credits because it offers:
- High security for valuable assets
- Low environmental impact
- Trusted verification of credits
- Easy tracking of ownership
Partnership with World Bank and CAD Trust
The World Bank and CAD Trust chose Chia for their carbon market needs. This partnership gives Chia credibility that many blockchain projects don’t have.
| Partner | What They Bring | Benefits |
|---|---|---|
| World Bank | Global reach and trust | Opens doors to many countries |
| CAD Trust | Carbon market expertise | Ensures the system meets industry needs |
| Chia | Blockchain technology | Provides security and verification |
This work goes beyond typical blockchain uses. It shows how Chia can help solve climate change by making carbon markets work better.
New Financial Products on Chia
The live session highlighted how Chia is creating new ways to invest. The Prometo trusts project with former Credit Suisse experts is creating the first new financial asset classes since ETFs started in 1993.
These new investment types will change how people put money into big companies. They will let investors better match their investments to their needs as they get older.
| Traditional Finance | Chia Blockchain |
|---|---|
| High fees | Lower costs |
| Requires middlemen | Direct transactions |
| Slower settlement | 5-minute settlement |
| Limited customization | Tailored investment strategies |
While these new assets will work with traditional finance systems at first, they’ll be much more efficient on the Chia blockchain. The blockchain version will save money and offer better security through self-custody options.
How Chia Changes the Way Transactions Work
No Need for Middlemen
Chia works differently than regular banking systems. In traditional finance, most trading needs a middleman. With Chia, you don’t need that middleman because the blockchain itself handles this role.
Your digital signature ensures that transactions happen exactly as you want – nothing more, nothing less. This system works like using cash to buy a stock certificate, but with better security.
The blockchain makes trades safer because:
- No middleman is needed
- Transactions complete in about 5 minutes
- Both sides are protected from fraud
- Offer files ensure fair exchanges
Offer Files Make Trading Safe
Chia’s offer files are an important part of the system. These files let people trade directly with each other without worrying about getting cheated.
When you use offer files on Chia:
- Your transaction settles in just 5 minutes
- Neither side faces risks from the other person
- Money only moves when both sides fulfill their part
| Feature | Chia Offer Files | Traditional Exchange |
|---|---|---|
| Settlement Time | 5 minutes | Often days |
| Third Party Needed | No | Yes |
| Counterparty Risk | None | Significant |
| Cost | Lower | Higher |
This peer-to-peer trading is safe for both parties. This means fewer regulations are needed since the system itself prevents most problems that regulations try to solve.
What’s Next for Chia Blockchain
The Chia team is looking forward to big developments in 2025. They expect:
- The Prometo trusts to launch in summer
- Multiple companies to start using the system
- More interest from Wall Street
The team believes that as people see the benefits of Chia’s security and lower costs, more will move to using the blockchain. Major banks currently use private blockchains because they worry about regulators’ reactions to public blockchains. Chia’s work with Prometo trusts shows there’s a safe place for major financial institutions to use public blockchains that meets regulatory requirements.
| Upcoming Development | Expected Timeline |
|---|---|
| Prometo Trusts Launch | Summer |
| Multiple IPOs | Summer |
| Wall Street Integration | Ongoing |
Conclusion
The Chia Mainnet 4th anniversary live session showed how far the blockchain has come in four years. Despite challenges, the team has built a secure, user-friendly platform that’s already solving real-world problems.
The new vaults and cloud wallet features will make self-custody easier for everyone. The carbon credit system with the World Bank proves that Chia works for important global issues. And the Prometo trusts will bring new investment options that could change how financial markets work.
As Chia moves into its fifth year, the team sees 2025 as a turning point. With its focus on security, decentralization, and ease of use, Chia is positioned to bring blockchain technology to more people and more real-world applications.
What Was Discussed on the Chia Mainnet 4th Anniversary Live Session FAQs
What new features is Chia launching in 2025?
What new features is Chia launching in 2025? Chia is launching two major features: vaults for enhanced security storage and cloud wallet for simplified asset management. These features will bring self-custody to a new level and will first impact Wall Street before expanding to corporate login systems and supply chain management.
How is Chia being used for carbon credits?
How is Chia being used for carbon credits? Almost all carbon offsets are now listed on the Chia blockchain through partnerships with the World Bank and CAD Trust. The system provides high security, trusted verification, and easy ownership tracking for carbon credits, with multiple countries and governments actively using the platform.
What are Prometo trusts and why are they important?
What are Prometo trusts and why are they important? Prometo trusts are the first new financial asset classes since ETFs were created in 1993. Developed with former Credit Suisse professionals, these trusts will change how people invest in large companies by allowing more tailored investment strategies as investors age, with lower costs and better security when run on the Chia blockchain.
