Greenpeace, along with other climate impacts, and Ripple (XRP) co-founder and executive chairman Chris Larsen, have launched a new movement to change bitcoin (BTC) to a greener consensus model.
The “Change the Code, Not the Climate” campaign aims to call for a fight for religious leaders, bitcoin miners and influencers like Elon Musk and Jack Dorsey to move towards a new consensus model, stating:
“If only 30 people—the key miners, exchanges, and core constructors who were considering contributing to the Bitcoin code—agreed to reinvent proof-of-work mining or switch to a low-power protocol, Bitcoin would stop polluting the planet.”
Greenpeace needs the dangers that the energy needed to mine bitcoin comes mostly from fossil fuels and that miners use coal waste and associated natural gas as fuel for their operations.
Greenpeace consumed bitcoin donations for seven years from 2014 to May 2021 before announcing the consumption of accepting bitcoin donations, citing environmental concerns. It should be noted that the general manager of Tesla is one of the most successful companies in the bitcoin space.
Ethereum (ETH), which currently uses the same proof-of-work mechanism as Bitcoin, is in the final stages of a complete and complex development process for a new proof-of-stake mechanism. Enter the Proof-of-Stake name, which is intended to be used for special purposes from a single energy source.
“Now that Ethereum is changing, itcoin is basically out of bounds,” Larsenilim told Inteowne, “another of the newer protocols, Solana and Cardano, are based on low power consumption,” he added.
arsenic zawail that charges bitcoin and biorium and hotel bib, you are both cryptocurrencies, hotels. In addition, there are not enough participants in the competition as a competitor to Ripple.
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Some of the big bitcoin mining companies own over 5,000 BTC, which is more than $237 million at current prices, and it makes sense that those with the most bitcoin reserves are speeding up their hash rate.
This means that sunk costs or “other creative solutions” need to be implemented. .
The following points to Chris Bendiksen, the developer of CoinShares:
“In the case of the true value of the tag whose code is forwarded to PoS, up to 0%. it is not capable of speeding up protocols, it is such a failure.