In the latest episode of the Untold Stories podcast, Bram Cohen, BitTorrent Creator and Founder of the Chia Network spoke about Bitcoin’s evolution and the mining ecosystem that powers it. Highlighting that Bitcoin can always evolve into something even better, Cohen said, “Bitcoin is not the end of the road, it’s close. It’s very hard ... Bram Cohen will mit seiner grünen Kryptowährung “Chia” Bitcoin (BTC) vernichten. Cohens neueste Kreation, eine bekannte Kryptowährung namens “Chia”, die sich selbst als “grünes Geld für eine digitale Welt” bezeichnet, ist das Gegenteil von Bitcoin. Im Gegensatz zu Bitcoin, das den stromverbrauchenden Konsensmechanismus für ... Cohen is a top name in the crypto space as he is seen as a pioneer of the decentralized internet. This is because of the role he played in creating the BitTorrent file sharing protocol. August 2018, Cohen left BitTorrent and founded Chia, he called it a preferred option to bitcoin, because it was designed to be less energy-intensive. Cohen bills Chia as “green money for a digital world,” and it aims to solve the energy crisis witnessed amongst cryptocurrency mining operations. Bitcoin presently uses a proof-of-work (PoW) system that Cohen cites as “energy-guzzling,” whereas Chia uses proof-of-space (PoS), which utilizes hard disk space during the mining process and allegedly saves tons of energy in the process. Bram Cohen who created BitTorrent has also created the Chia Cryptocurrency and he might just have solved the electricity wastage problem of bitcoin.. Cohen’s latest creation, a cryptocurrency known as Chia which prides itself as ‘green money for a digital world’, is the very antithesis of bitcoin. Bram Cohen, BitTorrent’s inventor, was reported to have officially stepped away from the company in mid-August and has continued to pursue his own cryptocurrency project named Chia. However, it appears as though Tron is still interested in Cohen’s works.
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