TechFlow news — According to Bloomberg, Ripple's executive chairman and co-founder Chris Larsen, along with Greenpeace and several other climate activist groups, are launching a campaign titled "Change the Code, Not the Climate," aiming to pressure the Bitcoin community to alter its energy-intensive mining practices. The campaign plans to purchase advertisements in major publications next month.
Larsen said he intends to invest $5 million to fund the initiative, partly because he believes Bitcoin will lose investor support unless it changes. He also stated that Bitcoin's energy consumption issue could be resolved through a soft fork or hard fork, adding, "With Ethereum's transition, Bitcoin has become the outlier."
However, Chris Bendiksen, a Bitcoin researcher at CoinShares, said: "I think the chance of Bitcoin switching to PoS is exactly 0%." "The Bitcoin community has no interest in compromising the protocol's security by taking such a step."
