Ethereum Founder Shares Happiness After Merge - Coinleaks
Current Date:November 7, 2024

Ethereum Founder Shares Happiness After Merge

Ethereum founder Vitalik Buterin shared his happiness on his social media account after the successful completion of Merge.

Developed by founder Vitalik Buterin as a more programmable version of Bitcoin, Ethereum is today seen as the second most valuable blockchain network in the cryptocurrency world. The completion of the historical event that took place in Ethereum, which turned all eyes on with the Merge upgrade, was greeted with excitement by its founder.

Ethereum Founder Vitalik Buterin: And We’ve Concluded!

Ethereum performed the network transition on its Mainnet. The process of merging the Mainnet with the Beacon Chain currently on Ethereum was called “Merge”. The merging of these two networks has been completed as of today, and Ethereum bids farewell to the Blockchain Proof of Work consensus.

Vitalik Buterin, the lead actor of this event, shared his happiness on his Twitter account and congratulated the developer team.

Vitalic Buterine, shared the following words:

“And we’re done! Happy reunions. This is a big moment for the Ethereum ecosystem. Everyone who helped make unification happen should be proud today.”

Merge represented the first step in the transition of Ethereum Blockchain to PoS. After this upgrade, we will see 4 more updates. These steps are respectively; It is described as Surge (Fusion), Verge (Confinement), Purge (Cleansing), and finally Splurge (Completion).