Sam Bankman-Fried joined the growing list of people advocating against Bitcoin’s current mining consensus PoW and called for better scalable alternatives.
with the Financial Times, Bankman-Fried fueled environmental concerns associated with the Bitcoin network’s mining consensus, proof-of-work , and claimed it's not scalable enough to accommodate millions of transactions.
“Things that you’re doing millions of transactions a second with have to be extremely efficient and lightweight and lower energy cost. Proof of stake networks are."and several other environmental groups. However, Bitcoin proponents have been actively fighting against the ongoing narration calling for a change in the code of the Bitcoin network's mining consensus.The likes of Jack Dorsey have already made it clear that PoS is more centralized and less secure than PoW.
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