Proof-of-Work vs Proof-of-Stake

Today if you run a Google search for “Bitcoin”, each article given will be on the subject of  Greenpeace and Chris Larsen, the co-founder of Ripple wanting Bitcoin to be switched from PoW to PoS – this might come across as people having sincere reasons but the truth is, the push for PoS over PoW is nothing but a means for control and nefarious, by design. Keep Bitcoin Bitcoin – thankfully most in the Bitcoin and cryptoverse understand this and will not allow this to happen

Greenpeace, Ripple co-founder campaigning to change Bitcoin code

“Greenpeace, along with other climate groups, and co-founder and executive chairman of Ripple, Chris Larsen, has launched a new campaign aimed at changing Bitcoin (BTC) to a more environmentally friendly consensus model.

The ‘Change the code, not the climate’ campaign aims to pressure key industry leaders, Bitcoin miners, and influencers like Elon Musk, and Jack Dorsey, into moving over to a new consensus model saying:

‘If only 30 people — the key miners, exchanges, and core developers who build and contribute to Bitcoin’s code — agreed to reinvent proof-of-work mining or move to a low-energy protocol, Bitcoin would stop polluting the planet.'”

And later in the article –

“Chris Bendiksen, a Bitcoin researcher at CoinShares was quoted in the report saying:

‘I’d put the chance of Bitcoin ever moving to PoS at exactly 0%. There is no appetite among Bitcoiners to destroy the security of the protocol by making such a move.’”



Master Asked on March 29, 2022 in Bitcoin.
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