The Bitcoin community is reacting strongly to calls by environmental NGO Greenpeace and Ripple Co-founder Chris Larsen for a change in the consensus model of the digital asset.
Larsen’s Ripple association gives concern
Larsen, the chairman of Ripple, donated $5 million to a Greenpeace Campaign seeking to change the Bitcoin code. The “Change the Code, Not the Climate” campaign aims to change the Bitcoin proof of work consensus model to a more energy-efficient alternative.
While the idea might seem wonderful, many in the BTC community have outrightly criticised it. Many of the criticisms focus on Larsen’s reputation, especially as an executive of Ripple.
Ripple is currently involved in a lawsuit with the US Securities and Exchange Commission (SEC) over the sale of XRP, which the commission considers to be an unregistered security.
Most industry leaders are suspicious of Larsen’s true motive. Though he claims to be acting in his personal capacity, his affiliation with Ripple
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