Chia Network (XCH), a company that uses a new consensus mechanism for operating blockchain technology, has made progress towards trading stock via an initial public offering. The company secretly filed an S-1 form with the U.S. Securities and Exchange Commission in late March. However, CEO Gene Hoffman stated that the company wanted to wait for the right market conditions. Chia had announced that it wanted to go public in April 2023, but IPO plans were disrupted due to financial difficulties at Credit Suisse. Chia was founded by Bram Cohen, who invented the BitTorrent peer-to-peer file sharing technology. They are planning new projects and a bridge for Circle's USDC stablecoin. What are your thoughts?📈🤔#ChiaNetwork#Blockchain