Vitalik Buterin Hopes Dogecoin And Zcash All Move To PoS
After Ethereum successfully upgraded The Merge, in a recent video chat, the Ethereum founder Vitalik Buterinexpressed his hope that all blockchains including Dogecoin and Zcash could pass on proof of stake.
One of the historic events of Ethereum was the successful The Merge, marking the transition from proof of work (PoW) to proof of stake (PoS).
During a video call with Ethereum co-founder Vitalik Buterin at the Mainnet conference taking place on September 23, Vitalik expressed his expectation that blockchains including Dogecoin and Zcash will also move over to proof of stake.
“As proof of stake matures, I expect it to just increase in legitimacy more and more over time,(…). “I hope that Zcash moves over. I am also very hopeful that Dogecoin is going to evolve over to proof of stake at some point soon,”Vitalik said over video chat at the Mainnet conference Friday
According to Decrypt, at the conference, Buterin spoke with Messari CEO Ryan Selkis and Electric Coin Company CEO Zooko Wilcox-O’Hearn (Electric Coin Company leads the development of Zcash).
“You emailed me your plan for Ethereum, and I was like, ‘holy shit. This is so exciting. And it’ll never work,(…). And then you and the Ethereum [developers] proved me wrong. It totally worked.”Wilcox-O’Hearn said
Zooko, who’s most known for his connection to the PoW privacy coin Zcash, also thought the Ethereum merge would “never work”. Now, however, he has had to change his view of the matter.
“You should be proud of yourselves for the rest of your life,”Zooko said, referring to Ethereum developers and Buterin
When asked if Zcash would consider switching to PoS in the future, the CEO of Electric Coin Company said he is waiting to see how Ethereum appreciates since the upgrade.
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