
Chris Larsen, the co-founder of XRP (CRYPTO: XRP) issuer Ripple Labs, has unveiled a $5 million campaign to change Bitcoin’s (CRYPTO: BTC) consensus mechanism.
What Happened: The campaign “Change the Code, Not the Climate" will run advertisements in major media outlets to persuade the Bitcoin community and key stakeholders to change its code to a proof-of-stake (PoS) consensus mechanism from a proof-of-work (PoW) one.