Ripple chair pay plan to convince BTC miners to take proof of participation by Cointelegraph
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Chris Larsen, CEO and co-founder, presents his plan (BTC) saying that miners should be seen as “a clear positive for their longevity” in order to get away from the Proof of Work (PoW).
He says it could give a big boost to the share prices of listed mining companies, saying that “any proposal for new codes should almost certainly include incentive gains to get their support.”
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