HomeCoinsRipple (XRP)Bitcoin Will Never Change To Proof Of Stake

Bitcoin Will Never Change To Proof Of Stake

- Advertisement -


The below is a direct excerpt of Marty’s Bent Issue #1186: “They’re trying to ‘change the code’ again.” Sign up for the newsletter here.

Attacks to make Bitcoin change its issuance mechanism to proof of stake are futile. History has shown that this type of attack will not work.

Greenpeace and Ripple co-founder attacking Bitcoin’s PoW algorithm

We meet here in this dark corner of the Internet a little less than two months away from the 5th year anniversary of the New York Agreement, which led to a Summer of heated battle between major corporations in the Bitcoin space who believed they could instigate an arbitrary doubling of the block size and users who vehemently opposed the move in favor of soft forking SegWit into the protocol. It seems that there are some out there who did not learn their lesson from this battle or simply aren’t even aware that it occurred. This is evidenced by the fact that Ripple’s co-founder Chris Larsen, who should be in jail (and may be at some point this year) for committing securities fraud, and Greenpeace, an organization’s whose founder left when his baby was co-opted by zealots, announced their initiative to “change the code” of bitcoin.





Source link

- Advertisement -
Mr Bitcointe
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,580FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 17,077.18
ethereum
Ethereum (ETH) $ 1,268.06
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 112.15
litecoin
Litecoin (LTC) $ 79.83
eos
EOS (EOS) $ 0.959461
okb
OKB (OKB) $ 21.13
tezos
Tezos (XTZ) $ 1.02
leo-token
LEO Token (LEO) $ 3.82
cardano
Cardano (ADA) $ 0.318662
monero
Monero (XMR) $ 144.06
stellar
Stellar (XLM) $ 0.086035
chainlink
Chainlink (LINK) $ 7.10
huobi-token
Huobi (HT) $ 6.59
tron
TRON (TRX) $ 0.053464
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 46.86
neo
NEO (NEO) $ 7.09
iota
IOTA (MIOTA) $ 0.213377
nem
NEM (XEM) $ 0.03309
zcash
Zcash (ZEC) $ 46.28
maker
Maker (MKR) $ 631.06
paxos-standard
Pax Dollar (USDP) $ 0.999412
ethereum-classic
Ethereum Classic (ETC) $ 19.62
vechain
VeChain (VET) $ 0.019264
true-usd
TrueUSD (TUSD) $ 1.00
kucoin-shares
KuCoin (KCS) $ 6.62
waves
Waves (WAVES) $ 2.46