Ripple Co-Founder Commends Ethereum's Transition to Proof of Stake

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Ripple co-founder applauds Ethereum's shift to proof of stake Ripplearmy RippleNet XRPCommunity XRPArmy XRPHolders XRPtheStandard XRP ETH

, co-founder and executive chairman of Ripple, believes that Ethereum is on track in its ongoing transition to proof-of-stake consensus. This comes amid calls by the co-founder for Bitcoin to consider a move away from PoW to a low-energy validation method.

He emphasizes that as major financial market actors push crypto liquidity, ESG and sustainability will become increasingly important, thus necessitating a change to low-energy consensus.

 

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