Proof of Usefulness Report

Chia Network

Analysis completed on 1/17/2026

+675
Proof of Usefulness Score
Category Standard

Chia Network is a well-established Layer 1 blockchain founded by Bram Cohen, offering significant technical innovation with its 'Proof of Space and Time' consensus. The project has verifiable large-scale utility, a market capitalization exceeding $500M, and a global node network. However, the submission itself was of extremely low quality, containing hyperbolic claims (e.g., 'everyone' as audience) and missing data. The score reflects the high objective value of the technology and market presence, heavily penalized by the lack of effort and precision in the application.

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Score Breakdown

Real World Utility+2
Audience Reach Impact+2
Technical Innovation+1
Evidence Of Traction+2
Market Timing Relevance+1
Functional Completeness+0
Subtotal+848
Usefulness Multiplierx0.795
Final Score+675

Project Details

Project URL
chia.net
Description
Chia Network, accessible via chia.net, is a technology company that focuses on developing a blockchain and smart transaction platform. Founded by Bram Cohen, the creator of BitTorrent, Chia Network aims to improve upon traditional blockchain systems by offering a more sustainable and eco-friendly alternative. The company utilizes a unique consensus algorithm called Proof of Space and Time, which leverages unused storage space on hard drives, reducing the energy consumption typically associated with blockchain mining. Chia Network's platform is designed to support secure, scalable, and decentralized applications, providing a robust infrastructure for digital transactions and smart contracts.
Audience Reach
everyone
Target Users
everyone
Technologies
Energy Solutions, Space Technology, Blockchain
Traction Evidence
most people have used my product

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline