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Vitalik Buterin Expresses His Excitement About The Ethereum Merge

Written by: Qadir AK

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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Sep 15, 2022

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As the countdown to the final moments of the big Ethereum (ETH) Merge began, co-founder Vitalik Buterin joined a live stream hosted by the Ethereum Foundation to share his final thoughts. He expresses his gratitude and happiness by saying that he is “excited about exiting from the proof-of-work era.” The co-founder said that the historic transition of the network from proof-of-work (PoW) to proof-of-stake (PoS) has been on the agenda for many years. Buterin added that the high costs and the massive amount of energy usage are among the biggest motivations for the switch. The Merge is expected to drastically reduce energy consumption by 99.95%, making ETH a sustainable platform.

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