Chia Layoffs

impact on development

Posted by on October 02, 2023 · 1 min read

In the bad news column for the Chia cryptocurrency, the company (CNI) controlling the reference platform has annoucned quite large layoffs and a delay in their efforts to take company public.

While I can’t predict the future, its never a good sign when a software company lays off that many of their developers. I can’t see how this doesn’t impact the maintenance, let alone the future development, of their software.

Anecdotally, as developer of a tool that builds upon their platform, I’m already encountering serious defects that remain open for months and months (indefinitely?). Not a good sign at all.

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