Tag: Vitalik Buterin

[ad_1] Leading cryptocurrency figures hailed on Thursday the completion of one of the biggest software upgrades the sector has ever attempted, an overhaul of the Ethereum blockchain aimed at reducing its massive energy consumption. Developers had spent years working on an energy-efficient version of Ethereum, a digital ledger that underpins tens of billions of dollars worth of cryptocurrencies, digital tokens (NFTs), games and apps. Ethereum is the second most important blockchain after bitcoin, but it has faced criticism for burning through more power each year than New Zealand. "And we finalized!" tweeted Ethereum's co-creator Vitalik Buterin, calling it a "big moment for the Ethereum ecosystem". Buterin quoted research claiming that the "merge", as develo...