“And we finalized! Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.”
– Ethereum co-founder
Vitalik Buterin, celebrating the cryptocurrency’s
transition to a
proof-of-stake consensus mechanism. The shift of the leading smart contract blockchain to 99% less energy consumption is good news for crypto boosters, who have endured a downslide, platform implosions, and countless exploits since the 2021 boom.