BitTorrent Creator Aims to Kill Bitcoin with the Green Cryptocurrency “Chia”

Bram Cohen’s newest creation, a cryptocurrency known as Chia which bills itself as ‘green money for a digital world’, is the very antithesis of bitcoin. Unlike bitcoin which uses the electricity-guzzling proof-of-work consensus mechanism, the chia cryptocurrency uses proof-of-space where the mining process uses the hard disk space.

BitTorrent Creator Aims to Kill Bitcoin with the Green Cryptocurrency “Chia”