If a survey is to be conducted, a lot of people would be quick to agree that the world is in need of more versions of Bitcoin. At present, there are four different variations to Bitcoin based on market cap’s cryptocurrency top 100. In line with this, it looks as if Bitcoin Green wants to make its presence felt in the cryptocurrency space. However, instead of taking the long and beaten path towards achieving this goal, the team behind Bitcoin Green has chosen to adopt the proof-of-stake model.

Obviously, Bitcoin Green will come to fruition whether people choose it or not. The latest variant of the most popular digital currency in the world is 100% about proof-of-stake. Even though the new virtual currency will still be decentralized, its long-term goal is to become more sustainable. With energy-intensive crypto mining consuming too much electricity, proof-of-stake is the more logical undertaking to a number of people.

Bitcoin Core developers are still skeptical about the idea as a viable approach, most especially since proof-of-stake is currently faced with its own set of issues. The project’s whitepaper explains how Bitcoin Green will be able to address those issues. Despite this, the fork is destined to become very controversial for a lot of various reasons. For some, it is just another initiative trying to ride on with Bitcoin’s thunder while hoping to capitalize on its predecessor’s triumph.

People are expected to make a lot of money off Bitcoin Green, more specifically in the first couple of weeks when initial interest on the new cryptocurrency will be considerably high. Naturally, people will be following the course where money flows; this is the time when BITG is expected to shine. However, looking at it from a broader perspective, it appears that the Bitcoin variant does not have a ‘real’ plan in place. The absence of such a plan will only cause Bitcoin Green’s fifteen-minutes-of-fame to be spent before it even starts.

And of course, one must not overlook the question of which exchanges will be willing to pitch their support for Bitcoin Green. At present, only a handful expressed their support in the form of Cryptopia and CoinExchange, among others. Will BITG trade on these platforms? Only the future holds the answer. In addition, since Bitcoin Green is not an airdropped currency, it only means that existing Bitcoin holders will not automatically receive BITG. This alone raises a lot of question on the nature of the new cryptocurrency.