Buterin and Armstrong reflect on proof-of-stake shift as Ethereum Merge nears By Cointelegraph

[ad_1]

Buterin and Armstrong reflect on proof-of-stake shift as Ethereum Merge nears

co-founder Vitalik Buterin and Coinbase (NASDAQ:) CEO Brian Armstrong believe that a gradual mind shift and important community contributions led to their backing of Ethereum’s upcoming move from a proof-of-work (PoW) to proof-of-stake (PoS) consensus.

The two industry titans joined Coinbase protocol specialist Viktor Bunin on the Around the Block podcast for an enlightening discussion centered on The Merge, which is set to take place in mid-September 2022.