As the clock counted down to the final moments of the big Ethereum (ETH) Merge, co-founder Vitalik Buterin joined the “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.”
The co-founder went on to say that the historic transition of the network from proof-of-work (PoW) to proof-of-stake (PoS) has been on the agenda for years.
“[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