Vitalik Buterin is very happy about the successful Merge. In an event hosted by the Ethereum Foundation, he declared being 'absolutely excited about being exited from the proof-of-work era.'
As the clock counted down to the final moments of the big Ethereum Merge, co-founder Vitalik Buterinthe Ethereum Mainnet Merge Viewing Party livestream hosted by the Ethereum Foundation to share his final thoughts.
When asked if he was excited about the Merge, Buterin responded that he is “absolutely excited about being exited from the proof-of-work era.”proof-of-stake “[It] has obviously been a dream for the Ethereum ecosystem since pretty much the beginning. We started the proof-of-stake research with that blog post on Slosher back in January 2014.”
The Merge can be seen as reinventing the laws of physics, according to Buterin. PoW operates with the usage of real-world functionalities such as electricity, hardware and computers. Whereas with PoS, everything is virtualized, “basically letting us create a simulated universe that has its own laws of physics.”
Buterin said that among the biggest motivations for the switch are the high costs and the massive amount of energy usage. The Merge is said to
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