Greenpeace, Ripple co-founder campaigning to change Bitcoin code

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Greenpeace and Ripple co-founder Chris Larsen have joined forces to pressure key industry leaders to adopt a proof-of-stake model for Bitcoin, citing concerns about its environmental impact.

, upward of $237 million at current prices, and data shows that those with the most Bitcoin reserves are increasing their hash rate.

Greenpeace does note this in its manifesto, saying they understand Bitcoin stakeholders have an incentive not to change, as changing Bitcoin would make their expensive equipment much less valuable, meaning sunk costs or “other creative solutions” would have to be implemented.“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.

 

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I feel like there are bigger concerns to the enviornment rather than BTC. Focus on the health of the oceans, Amazon rain forest or some real threat.

Will they be able to exert pressure, even get stronger.I think not!

wow, no vested interest in co-opting buy-in there... in 10 years, PoW will be as efficient as PoS, because investment and innovation will line up behind the hardest of money virtues BTC

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