Ethereum’s Buterin Seeks Dogecoin’s Switch to PoS as DOGE Becomes 2nd Largest PoW Coin
Vitalik Buterin revealed the inclination while speaking at the Messari Mainnet Summit 2022 on September 23. Ryan Selkis, founder and CEO of Messari, sought more insight on how the CEO of the Electric Coin Company – the firm behind Zcash – Zooko Wilcox-O’Hearn, and Vitalik Buterin feel about the PoS system.
Selkis asked Buterin if he thinks all crypto-assets should switch to a PoS consensus mechanism. In response, while Buterin highlighted that the transition would be ideal, he pointed out two assets in particular: Dogecoin and Zcash. Vitalik Buterin’s comments came when Dogecoin positioned itself as the second largest PoW asset by market capitalization following Ethereum’s transition to PoS. With a market cap of $8.43B as of press time, Dogecoin towers over some notable PoW.
Source
@Doge_ShibaInu
