Cryptocurrency Proof-of-Stake and Bitcoin: BTC should not abandon its tried-and-true consensus mechanism for one that has not had 14 years of battle testing, says Rick Delaney, Senior Crypto Analyst @OKX. It’s been a couple of months since Ripple and Greenpeace, and a handful of other environmental organizations, showed they have no clue why Bitcoin is special. Announced in March 2022, the “Change the code, not the climate” campaign attempts to pressure influential Bitcoiners into supporting a switch from the energy-intensive and proven proof-of-work consensus mechanism to the still-experimental proof-of-stake. To justify its existence, the campaign leans heavily on Ethereum’s ongoing […]