Ripple's executives keep bashing Bitcoin (BTC) mining, this time by suggesting a new idea that was labeled "the stupidest idea" of 2021 by a mining expert. Bitcoin should move away from the "climate disaster" that is its proof-of-work (PoW) consensus mechanism, and instead, embrace a model where existing miners receive rewards without doing anything, Ripple's Chairman and Co-founder Chris Larsen argued in a new proposal....
Ripple's Camp Attacks Bitcoin Mining With 'The Stupidest Idea' Again
Crypto News - 10 Dec 2021 15:48
Ripple's executives keep bashing Bitcoin (BTC) mining, this time by suggesting a new idea that was labeled "the stupidest idea" of 2021 by a mining expert. Bitcoin should move away from the "climate disaster" that is its proof-of-work (PoW) consensus mechanism, and instead, embrace a model where existing miners receive rewards without doing anything, Ripple's Chairman and Co-founder Chris Larsen argued in a new proposal....
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