Story: The Merge
DeFi Fridays
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The Merge: is closing in…which will see Ethereum move from Proof of Work to Proof of Stake. Vitalik Buterin spoke this week at EthCC about the future of the network post Merge and broke news with the introduction of a number of catchy titles that rhyme.
*Watch the presentation from the conference by pressing play.
We urge you to prepare yourself for the Surge, Verge, Purge, and Splurge as these are the next steps after the upcoming Merge.
The Surge: addition of Ethereum sharding.
The Verge: technical upgrades allowing users to become network validators without having to store extensive amounts of data on their machines.
The Purge: cutting down the amount of space you have on your hard drive, simplifying the Ethereum protocol over time and not requiring nodes to store history.
The Splurge: all of the other fun stuff.
Needless to say, the rest of 2022 for the Ethereum network looks constructive…starting with the Merge and continuing through the Surge, Verge, Purge, and Splurge.
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