Greenpeace, Ripple Lobby to Move Bitcoin Away From Proof-of-Work
Climate activists and crypto billionaire Chris Larsen want to convince Bitcoin companies, miners and developers into changing Bitcoin’s consensus mechanism.Several climate activist groups including Greenpeace and billionaire Ripple co-founder Chris Larsen are launching a campaign to advocate for Bitcoin moving away from Proof-of-Work, a consensus mechanism they argue consumes an unsustainable amount of energy, Bloomberg reported Tuesday.The “Change the Code, Not the Climate” campaign will attempt to lobby institutions in the Bitcoin industry that pledge an environmental, social, and....
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Chris Larsen, co-founder of Ripple also joined in on the call, saying Bitcoin is the “outlier” now that Ethereum’s model is set to change. Greenpeace, along with other climate groups, and co-founder and executive chairman of Ripple, Chris Larsen, has launched a new campaign aimed at changing Bitcoin (BTC) to a more environmentally friendly consensus model.The “Change the code, not the climate” campaign aims to pressure key industry leaders, Bitcoin miners, and influencers like Elon Musk, and Jack Dorsey, into moving over to a new consensus model saying:“If only 30 people — the key miners,....
With a new tweet, Greenpeace USA continues its smear campaign against Bitcoin and Proof of Work. Just this March, the environmental organisation caused a stir in the Bitcoin space when it teamed up with other climate groups to launch the “Change the Code, Not The Climate” campaign. Remarkably, Ripple co-founder Larsen also provided $5 million […]
Completely independent organization Greenpeace announced today that it now accepts donations in bitcoin, becoming the latest charitable institution to adopt the digital currency into its operations. Greenpeace devotes its efforts to ensuring a "healthy planet for current and future generations." The organization states that it does not take money from corporations or government, and hence relies on individual donations, a fact that will surely be warmly accepted by the bitcoin community, which has largely libertarian roots. Their blog reads: "A majority of our support comes from individual....
With the “Change The Code” campaign, Greenpeace and Ripple rubbed the bitcoin community the wrong way. The reactions kept coming throughout the day. Bitcoiners saw through the campaign’s literal intention and interpreted it as an attack on the protocol. And they weren’t quiet about it. In fact, they wouldn’t shut up. Related Reading | Ripple […]
Greenpeace, a non-governmental campaigning organisation focused on environmental issues, announced it would begin accepting bitcoin donations last month, becoming the latest not-for-profit group to embrace the digital currency. The move, which followed a similar announcement by United Way, is especially notable because Greenpeace does not accept donations from governments or corporations - it relies largely on small donations from the public. CoinDesk spoke with Greenpeace chief information officer Tom Camerlinck, who explained that there were many "practical things" that motivated the....