Ripple Co-Founder Wants Bitcoin to Switch To Proof-of-Stake | Cryptoglobe

The report claims Bitcoin’s network, which has been maligned for its energy inefficiency, currently consumes as much power as Sweden.

Larsen, noting Ethereum’s plans to switch to proof-of-stake in the coming months, called Bitcoin an “outlier.” He noted that newer protocols, such as Solana and Cardano, have been built on low energy technologies.

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