Bitcoin must move away from its core proof-of-work technology to remain a dominant cryptocurrency, Ripple’s co-founder says | Currency News | Financial and Business News

Bitcoin must move away from its core proof-of-work technology to remain a dominant cryptocurrency, Ripple’s co-founder says | Currency News | Financial and Business News

Ripple co-founder, Chris Larsen.

  • Ripple’s cofounder thinks bitcoin developers should be concerned about its proof-of-work technology.
  • He suggested shifting to a more carbon-neutral method like proof-of-stake or federated consensus.
  • “Such a change is critically important for bitcoin to remain the world’s dominant cryptocurrency.”
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The conversation around bitcoin’s environmental threat seems to be…


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