Ripple Co-Founder Backs Controversial Campaign to Move Bitcoin to Proof of Stake

From decrypt.co

Several environmental groups, including Greenpeace USA, Environmental Working Group, as well as local activist organizations, have formed a consortium to launch a campaign highlighting Bitcoin’s environmental impact. Per Bloomberg, the initiative, called “Change the Code, Not the Climate,” will see the consortium run advertisements in major media outlets such as the New York Times, Politico, and The Wall Street Journal. The goal is to persuade the Bitcoin community to modify the network’s existing code and remove its proof-of-work (PoW) consensus algorithm, which requires miners to solve complicated problems ... (full story)