10 things learnt from James Show with Bram Cohen. - Part 1.
Bram cohen is the founder of chia token.
1. Bitcoin ecosystem uses tons of energy while sitting idle.
Transaction, rewards creates out a new block in the chain which consumes lots of energy. No mining means no energy usage while minning.
2. Bittorrent used to swarm distribution.
Meaning distribute the item into smaller chunk across available space on people's computer.
3. Bandwidth is most underutilized resource.
Bandwidth transmitters are like Pipe, if nothing goes through it, it is getting underutilized.
4. Bittorrent is first successful decentralised distribution.
Mojo nation came with similar idea but it failed due to multiple reasons which gave birth to bittorrent.