Bitcoin Veteran, BitTorrent Creator, Makes An Eco-Friendly Cryptocurrency
Some of the bitcoin community’s most experienced developers are creating a more eco-friendly type of cryptocurrency. There’s no word yet if the new San Francisco-based startup, Chia Network, will launch the chia token in 2018 with
an initial coin offering.
A bitcoin transaction wastes as much electricity as it takes to power an American home for a week, and legendary coder Bram Cohen wants to fix that. And considering he invented the ubiquitous peer-to-peer file transfer protocol
BitTorrent, you should take him seriously.
What Is Chia? — BitTorrent Inventor Announces His “Green” Bitcoin Competitor
While cryptocurrencies like Bitcoin might be all the rage today, they’re criticised for their heavy consumption of energy. The more energy you use with the help of a powerful hardware, the more cryptocurrency you can mine...
A Greener Cryptocurrency From Bittorrent Inventor, Bram Cohen
The inventor of Bittorrent has now turned his attention to blockchain technology and building a greener Bitcoin called Chia. Bram Cohen released Bittorrent to the world in 2004, but, in early 2017, he stepped away from the company
he built to focus on blockchain technology.
Cryptocurrency “Farming” Could Make Blockchain More Eco-Friendly
Bitcoin has been creating a lot of buzz lately as more and more people invest in the cryptocurrency. But, behind all this success is a blockchain that’s sustained by miners who, as it turns out, actually use massive amounts of
electricity for each transaction.