Ripple co-founder proposes migration from proof-of-work to proof-of-stake consensus for Bitcoin

Ripple co-founder proposes migration from proof-of-work to proof-of-stake consensus for Bitcoin BTC will probably never switch to proof-of-stake. (Image Source: Bitcoin-trading.io) It is highly likely that such a proposal will be met with great opposition from the Bitcoin mining community, as this would effectively shave off important revenue growth from the big mining firms that…

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