• 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

Quantum Threat Looms Over Crypto as Proof-of-Stake Faces New Risks

Quantum Threat Looms Over Crypto as Proof-of-Stake Faces New Risks

April 22, 2026
Solana (SOL) Edges Up, Traders Watch For Sustained Upside Move

Solana (SOL) Edges Up, Traders Watch For Sustained Upside Move

April 27, 2026
KelpDao Funding Move: Lido Proposes $6M Allocation Of Staked ETH To Bridge Shortfall

KelpDao Funding Move: Lido Proposes $6M Allocation Of Staked ETH To Bridge Shortfall

April 23, 2026
XRP Poised To Dominate New DeFi Cycle, XRPL Validator Says

XRP Poised To Dominate New DeFi Cycle, XRPL Validator Says

April 21, 2026
AAVE Price Prediction: Testing $240 Breakout with $280 Medium-Term Target Despite Bearish Momentum

AAVE Breakdown Targets $85 Support Before Dead Cat Bounce to $110

April 23, 2026
Tokenized Gold Lands on Solana: Is Bitcoin Layer 2 Next For RWA Boost?

Tokenized Gold Lands on Solana: Is Bitcoin Layer 2 Next For RWA Boost?

April 21, 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 Faces 5th Rejection At $72,000, Is A Correction Coming?

Bitcoin To $88,000? Analysts Eye May Breakout After Key Close

April 28, 2026
BitMine Doubles Down on Ether Despite $6.5B Paper Loss

BitMine Doubles Down on Ether Despite $6.5B Paper Loss

April 28, 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.