BitTorrent Creator Bram Cohen Takes Over as CEO at Chia ...

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Ryan Singer, the CEO of Chia, the coin developed by BitTorrent, just announced their plans for a mini IPO this summer to crowdfund the development of the cryptocoin. Last year, the CEO of BitTorrent announced their plans to develop Chia, a cryptocurrency which could dethrone Bitcoin, given their lower energy consumption capabilities. The initiative is looking to avoid any issues with the SEC ... Chia-Mitgründer Ryan Singer erklärte den Medien: „Wir werden das Unternehmen mit einer Transparenz und Verantwortlichkeit führen, wie es von einem börsennotierten Unternehmen erwartet wird“. Der angedachte Mini-IPO soll bereits im Sommer oder im Herbst erfolgen, aber nur in Zusammenarbeit mit der Börsenaufsicht SEC. Ryan Singer, president and COO at Tradehill (moderator) 2:15 – 2:45 – Bitcoin Boom: The Business Adoption of Bitcoin. Anthony Gallippi, co-founder and CEO at BitPay. 2:45 – 3:15 – Afternoon break. 3:15 – 3:45 – Gaining Currency: Opportunities in Bitcoin – Alan Safahi, Founder and CEO at ZipZap, Inc Chia claims to have devised a way of mining crypto that does not make use of the popular/energy exhaustive PoW (Proof of Work) protocol.; Also, it is worth pointing out that the firm is launching a competition, wherein developers who take part will get to work on the company’s novel proof of space algorithm (so that it can be enhanced and made bug-free). Die Hash Rate im Bitcoin-Netzwerk erreicht ein neues Allzeithoch. Aufgrund des anstehenden Halvings sowie höherer Kurse strömen immer mehr Miner in den Markt – und kaufen Mining-Equipment auf. So… Co-founder Ryan Singer has stepped away from the company to focus on family priorities. Cohen is viewed as a pioneer of the decentralized internet for creating the BitTorrent filesharing protocol. In August 2017, he left BitTorrent to found Chia, an alternative to bitcoin created to be a less energy-intensive cryptocurrency.

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