Join the larget crypto conference of 2022 in Bitcoin
$ 39,046

Should Bitcoin follow Ethereum to operate on PoS consensus?

Should Bitcoin follow Ethereum to operate on PoS consensus? 2

Ripple & Solana leaders want to push the Bitcoin community to change the code, to sustain the future of the Bitcoin blockchain.

Bitcoin completed around 13 years of life and the blockchain network of Bitcoin was never hacked by anyone, which is proof that the Bitcoin network is fully safe against any kind of attack. Bitcoin network operates on a Proof-of-work consensus, which is an inefficient consensus over the latest Proof-of-stake (pos) consensus. The network Bitcoin is the poor performer, in terms of transaction speed, fees & scalability.

In the past 6 months, Many crypto proponents (indeed leaders of leading crypto projects) proposed their ideology to change the code of Bitcoin, to make BITCOIN a highly efficient blockchain network so that people can easily use it in the payment system.

4 months ago, Ripple co-founder and climate change group Greenpeace started a campaign to force the Bitcoin community & developers to change the code of Bitcoin under the campaign “change the code, not climate”. For the same, Ripple co-founder was criticized by the Bitcoin community.

Around 3 months back, Solana Co-founder Anatoly Yakovenko said that Bitcoin will sustain its future up to a few years only and also said that people will not use it if it will not shift on Proof-of-stake consensus.

“I think eventually most of the networks that people use will be proof-of-stake ones. This is probably the most controversial thing you’ll get me to say: I bet that if (Bitcoin) doesn’t switch to proof-of-stake, nobody is going to use it.”

Around a month ago, ECB also raised concerns against Proof-of-work consensus-based Cryptocurrencies and said that Proof-of-stake model-based crypto assets are an option in the future to save environmental health.

Bitcoin doesn’t need update

No doubt that people, who supported changing the Bitcoin code, were right at their level & point of view but in reality, Bitcoin doesn’t need any kind of update like Ethereum because Bitcoin & Ethereum are different things.

On one side Bitcoin is just like an alternative to gold and people see it as the best store of value against inflation, on the other side Ethereum is a responsible blockchain network to push innovations.

Bitcoin can be used as the best payment asset with the use of the lightning network concept and undoubtedly it is the best option over other cryptocurrencies used in the payment system.

Read also: Dogecoin is not a meme coin, Here is why?

Should Bitcoin follow Ethereum to operate on PoS consensus?






Ads by Cryptonews24



🚀🚀Get ready for the biggest ICO of 2022.
✅ICO Round 1 is Sold Out
✅ICO= Initial Coin Offering. Where you can purchase tokens at base price.
✅ICO has different rounds with different price.
✅Round-1 price: $0.0005 (Sold Out)
✅Round-2 price: $0.001
✅Round-3 price: $0.002
✅Round-4 price: $0.004
✅Round-5 price: $0.008

👉ICO will be finished on September 15, 2022.
👉Trading will start after ICO completion.

🚀🚀EXCHANGE LISTING PRICE: $0.02 per KST. That is 40x than ICO Round-1 (Seed round)🚀🚀

👩🏻‍💻For more details pls read pdf in marketing tools section in dashboard.

#koinswap #kst #nft #metaverse #blockchain






In 2009 you missed# BITCOIN
2014 you missed# DOGE
2015 you missed# XRP
2016 you missed# ETH
2017 you missed# ADA
2018 you missed# BNB
2019 you missed# LINK
2020 you missed# DOT
2021 you missed# SHIBA


Ads by Cryptonews24




Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin. provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice. recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.


How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

--------------------------Ads by Cryptonews24--------------------------------------
CocaCola Investing Platform

✅Brand new company platform launched 17/09/2022🔥💯


👉🏼Coca-Cola 👈

Don't miss Coca-Cola if you want to generate passive income.

It is a brand new company with stable and moderate income that will help investors earn money in the long run.

Say no!! on sites with high commissions, they only last a few days.

Coca-Cola is a legitimate company and supplies are standard.

$5 sign up bonus

-Minimum deposit $20
-Minimum withdrawal $10

Withdrawal time 0~10 minutes💯 ✅

Get 7% of your deposit everyday🔥
-Deposit 20, Get $1.5 Daily ✅
-Deposit 30, Get $2.1 Daily ✅
-Deposit 50, Get $3.5 Daily ✅
-Deposit 100, Get $7 Daily ✅
-Deposit 200, Get 14 Daily ✅

Get 10% of your first deposit and 10% on invite deposits 😱

Reward Invitations🏅
-30 valid members, get $100 reward ✅
-60 valid members, Get $150 reward ✅
-100 valid members, Get $350 reward ✅
Note: Valid member charges $30 and up

Deposit Reward🏅
Get 10%, 2% and 1% of Lv1, Lv2 and Lv3 group deposits.

A lot of activities will be organized in the main group to help hardworking members make a lot of money 💰

Registration link

This is a long term project!! Do not miss it!!! 💎 💎 💎 💎 💎


Cryptonews24 Channel Chat