Human Rights Foundation Says There Will Be Pressure For Bitcoin To Use Proof Of Stake Like Ethereum

Human Rights Foundation Says There Will Be Pressure For Bitcoin To Use Proof Of Stake Like Ethereum

Alex Gladstein, the Chief Strategy Officer at the Human Rights Foundation, predicts that there will be more pressure for Bitcoin to change its consensus algorithm from proof of work to proof of stake. 

Bitcoin Is A Work Of Art?

In a tweet on March 2, while replying to an MIT Technology Review post, the executive praised Satoshi Nakamoto, the founder of Bitcoin, for rolling out a network with great incentives that link the existing monetary system and network security to serve end user self-interest. 

The public cry for Bitcoin to “switch to Proof of Stake” (so that it could be controlled) will only heat up in the coming months and years

Grateful to Satoshi for designing Bitcoin with such great incentives that link monetary policy and network security to user self-interest