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Bitcoin Suisse Founder Predicts Bitcoin Will Follow Ethereum And Move to Proof-of-Stake
Summary: The founder of Swiss cryptocurrency broker Bitcoin Suisse, Niklas Nikolajsen, believes that Bitcoin (BTC) will move to Proof-of-Stake (PoS) once the Ethereum (ETH) network has shown the algorithm’s success. Nikolajsen asserted that BTC’s current Proof-of-Work (PoW) consensus algorithm “will probably change in the future.” In Recently released outtakes from an interview conducted for a German ...
The founder of Swiss cryptocurrency broker Bitcoin Suisse, Niklas Nikolajsen, believes that Bitcoin (BTC) will move to Proof-of-Stake (PoS) once the Ethereum (ETH) network has shown the algorithm’s success.
Nikolajsen asserted that BTC’s current Proof-of-Work (PoW) consensus algorithm “will probably change in the future.”
In Recently released outtakes from an interview conducted for a German TV documentary, Nikolajsen said:
“[Bitcoin’s move to Proof-of-Stake] is not planned, but the second-largest cryptocurrency, Ether, will move to a Proof-of-Stake concept that demands vastly less electricity, already in a few months. I’m sure, once the technology is proven, that Bitcoin will adapt to it as well.”
By Ramsey Baker
Tags: Bitcoin,Bitcoin Suisse,Niklas Nikolajsen,PoS,PoW
Link: Bitcoin Suisse Founder Predicts Bitcoin Will Follow Ethereum And Move to Proof-of-Stake [Copy]
