• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Ripple Co-Founder Chris Larsen Faces Backlash Over BTC Source Code Change Campaign

March 31, 2022
in Blockchain
Reading Time: 2min read
0 0
A A
0
Ripple Co-Founder Chris Larsen Faces Backlash Over BTC Source Code Change Campaign
0
SHARES
25
VIEWS
ShareShareShareShareShare

Earlier this week, Chris Larsen, the co-founder of embattled blockchain payments firm Ripple Labs Inc shared an update about his new campaign dubbed “Change the Code, Not the Climate”. He is collaborating with climate-focused bodies Greenpeace and the Sierra Club.

Larsen’s ultimate focus of the campaign is to persuade members of the Bitcoin community to come together in a bid to change the Bitcoin source code from the high energy-consuming Proof-of-Work (PoW) to the better conservative Proof-of-Stake (PoS) protocol. 

While Larsen claims his motives are pure and directed toward ensuring the long-term success of the Bitcoin protocol, prominent members of the ecosystem thought otherwise, with many expressing their displeasure with his pursuits.

Ryan Selkis, the founder of data research and analytics platform, Messari, called Larsen a ‘Judas’ as he believes the billionaire Ripple founder is trying to bite the fingers that fed him.

“Chris Larsen – who in a just society would be in jail for the bad faith investor misrepresentations he and his team made regarding their XRP sales – is spending money attacking the industry that created his ill-gotten multi-billion dollar fortune. Judas,” Ryan said in a tweet.

It is not uncommon to make changes to blockchain protocols, especially open-sourced ones like the Bitcoin Network. However, to make such changes, the proposals must pass through a set of processes, one of which Larsen’s did not pass through.

“I am unable to find your Bitcoin Improvement Proposal submission, nor can I find any discussions initiated by you on the development mailing list. Please follow the process if you wish to be taken seriously,” a prominent Twitter Bitcoiner, Jameson Lopp said in a tweet tagging the brains behind the campaign, including the accounts of Greenpeace, Chris Larsen, and Michael Brune of Sierra Club.

With the backlash received, it is obvious that many may reject the proposal from Larsen if at all it makes it down to the development mailing list. This may leave the Bitcoin community with the option of advocating for the embrace of renewable energy sources to appease staunch environmentalists.

Image source: Chris Larsen


Credit: Source link

ShareTweetSendPinShare
Previous Post

The Revolution of NFTs are now allowing People to buy Things Money Could Not Buy Before

Next Post

Cardano Witnessing Institutional Demand As Large Transactions Skyrocket: Analytics Firm IntoTheBlock

Next Post
Cardano Witnessing Institutional Demand As Large Transactions Skyrocket: Analytics Firm IntoTheBlock

Cardano Witnessing Institutional Demand As Large Transactions Skyrocket: Analytics Firm IntoTheBlock

You might also like

Insurance Giant Aon Partners With Coinbase and Paxos in Trialing Use of Stablecoins for Premium Payments

Insurance Giant Aon Partners With Coinbase and Paxos in Trialing Use of Stablecoins for Premium Payments

March 11, 2026
Bitcoin Price Prediction: Florida’s Crypto Bill and $198B U.S. Surplus Boost Market Outlook

SEC and CFTC End Regulatory Turf War With Joint Crypto Coordination Deal

March 12, 2026
Ethereum Scarcity Index Turns Positive as ETH USD Pushed Back Above $2,000

Ethereum Scarcity Index Turns Positive as ETH USD Pushed Back Above $2,000

March 12, 2026
Uniswap (UNI) Price Rallies 6.53% – Is Now the Time to Buy? Comprehensive Analysis & Trading Insights

UNI Price Prediction: Targets $4.15 by End of March 2026

March 8, 2026
Crypto Innovations and IBM’s Role in the Evolving Payments Landscape

IBM Releases Quantum-HPC Integration Blueprint Targeting Drug Discovery

March 12, 2026
Swiss-based Crypto Firms Selects Tezos for Tokenizing Finance Products

Etherlink Hits 70M Transactions as Tezos L2 Expands Developer Tools

March 11, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Bitcoin Active Addresses At 2020 Level — What’s Happening?

Is Bitcoin Price Bottom In? MVRV Z-Score Says ‘Not Yet’

March 15, 2026
Ethereum Currently Undervalued – But Is It Time To Buy?

Ethereum Currently Undervalued – But Is It Time To Buy?

March 15, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.