Vitalik Buterin wants Dogecoin and Zcash to move to POS

Founding Partner of raisedVitalik Buterin hopes to be popular cryptocurrency meme Dogecoin privacy coin zcash Move to consensus mechanism proof of stake (POS).

Buterin expressed this view in ‘Mesari Mainnet 2022When Ryan Selkis asked him if all networks should move to PoS. Also in attendance was Zcash founder Zooko Wilcox-O’Hearn.

This isn’t the first time Buterin has urged Zcash to move to PoS. He said the same thing in 2018, to which Zuko responded I was waiting for Ethereum to do this first so I could see what went wrong.

For Dogecoin, earlier this year, I know mentioned who – which Vitalik was working with the Dogecoin Foundation to deport her from her prisoners to PoS. However, there is no specific date for when the change will occur.

Selkis, who served as the moderator, asked questions as the two answered, delving into different aspects of the technology. blockchain.

Buterin talks about transaction fees

According to Buterin, The most important thing besides privacy is scalability, Especially in terms of fees.

feasibility blockchain Compared to traditional technology, it will depend on whether it costs $3 or 3 cents to send the transaction. Buterin said:

“Transaction fees may seem like just a number, but to communities, we want it […] outside the rich countries […] The difference between 3 dollars and 3 cents is a big deal. And that’s something we really have to achieve.”

Another development in Ethereum

Buterin also talked about the next step for Ethereum after the merger. According to him, Surge, the next big upgrade for Ethereum, It wouldn’t be like “merge”. It will come in phases rather than a single major event.

Buterin had previously said that Ethereum would only be 55% complete after the merger.

The Ethereum Foundation said that Surge will implement technology Retail (Hash, in Spanish), which dramatically increased the rate of Ethereum transaction processing from 20 to around 100,000 per second.

Zcash aims for great heights

Zooko talked about Zcash’s role in the coming months, especially regarding privacy against oppression authorities against Tornado Cash.

According to him, Zcash already has a layer of technology and a culture of privacy, which will make a difference. However, he did not agree with all Buterin’s predictions for Ethereum. for example, He was skeptical that the network would have privacy at its core layer within five years:

“I don’t know if I’m right. [el intento de] Decentralizing the block production ecosystem again will be successful.” But Vitalik replied that time will tell.

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