.GreenpeaceUSA, EWG explain why they assert all that is needed for “systemic” change to Bitcoin is support from a handful of people. egreechee reports.
upgrade, in which one of two proposed alterations pushed by the biggest companies failed in the face of widespread user opposition.
Considering how industries have scoffed at other environmental campaigns, such as electric trucks, which were initially ridiculed but then sales soared, a change away from PoW may not seem so impossible, according to the campaigners. After two years of controversy, an update to the Bitcoin network called Segregated Witness was adopted through a soft fork, meaning users could still keep running the old version of the software. SegWit increased the number of transactions the network could handle by changing the way data is stored on the chain. Unlike other proposals to increase the block size, SegWit enjoyed widespread user support.