Ethereums Vitalik Buterin Very Hopeful Dogecoin Moves to Proof of Stake

Now that the Ethereum merge is complete, Vitalik Buterin thinks other blockchains like Dogecoin and Zcash should follow suit. “As proof of stake matures, I expect it to just increase in legitimacy more and more over time,” Vitalik said over video chat at the Messari Mainnet conference on Friday. Ethereum executed its long-awaited merge event, moving its main network from the energy-intensive proof-of-work (PoW) model to the more energy-efficient proof-of-stake (PoS) model. The high-stakes event went smoothly, said Buterin, despite every test network merge experiencing “some kind of bug.”.