Chia is a modern cryptocurrency built from scratch, designed to be efficient, decentralized, and secure. Here are some of the features and benefits:
Proof of space and time based consensus which allows anyone to farm with commodity hardware
Very easy to use full node and farmer GUI and cli (thousands of nodes active on mainnet)
Chia seeder, which maintains a list of reliable nodes within the Chia network via a built-in DNS server.
Simplified UTXO based transaction model, with small on-chain state
Lisp-style Turing-complete functional programming language for money related use cases
BLS keys and aggregate signatures (only one signature per block)
Pooling protocol that allows farmers to have control of making blocks
Support for light clients with fast, objective syncing
A growing community of farmers and developers around the world
Please check out the wiki and FAQ for information on this project.