Chia Network is a blockchain platform and cryptocurrency best known for its energy-efficient consensus mechanism called "Proof of Space and Time." This approach utilizes free disk space to secure the network, distinguishing it from traditional Proof of Work systems that require significant energy consumption. Chia aims to create a more sustainable and environmentally friendly blockchain by leveraging unused storage capacity. The network\'s native cryptocurrency, XCH, is used for transactions and smart contract operations within the ecosystem.