"Proof of Stake Will Win" — Vitalik Buterin on Ethereum's Biggest Upgrade
Загружено: 2026-01-24
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"Proof of Stake Will Win" — Vitalik Buterin on Ethereum's Biggest Upgrade
For eight years, people said it couldn't be done. That Proof of Stake wasn't secure. That we'd never pull it off. That Proof of Work was the only way.
On September 15, 2022, we proved them wrong.
The Merge happened. Ethereum transitioned from Proof of Work to Proof of Stake. We changed the engine of a $200 billion network while it was running—no downtime, no disruption, no catastrophic failure.
Ethereum's energy consumption dropped by 99.95% overnight.
In this comprehensive 45-minute deep dive, Ethereum founder Vitalik Buterin explains the complete story of The Merge—the biggest upgrade in crypto history. From the early research in 2014 to the triumphant execution in 2022, discover why Proof of Stake was always inevitable.
🎯 What You'll Learn:
Why Proof of Work has fundamental limitations
How Proof of Stake actually works (explained simply)
The 8-year journey to build a working Proof of Stake system
Technical breakthroughs: solving nothing-at-stake, long-range attacks, finality
How The Merge reduced energy use by 99.95%
Why Proof of Stake is more secure than Proof of Work
The economic advantages: lower inflation, staking yields
Addressing every criticism of Proof of Stake
The future: sharding, scaling, and what comes next
💡 Key Facts:
The Merge happened September 15, 2022 at 6:42 AM UTC
Energy consumption dropped from 110 TWh/year to 0.01 TWh/year
That's 99.95% less energy—equivalent to eliminating a country's electricity usage
Over 1 million validators now secure Ethereum
ETH issuance dropped 88%—from 13,000 ETH/day to 1,600 ETH/day
Over 30 million ETH is now staked (25% of total supply)
No successful attacks on Proof of Stake consensus in 2+ years
Ethereum went from inflationary to potentially deflationary
Vitalik Buterin | Ethereum Merge | Proof of Stake Explained | Blockchain Consensus
🔬 The Merge Timeline:
2014: Initial Proof of Stake research begins
2015: Ethereum launches on Proof of Work
2015-2020: Casper research and development
December 2020: Beacon Chain launches
2021-2022: Testnet merges (Ropsten, Sepolia, Goerli)
September 15, 2022: The Merge succeeds
2022-2026: Proof of Stake proves itself in production
⚠️ DISCLAIMER: This video is for educational purposes only. This is not financial advice. Always do your own research before making any investment decisions.
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🔔 Subscribe for more deep dives into blockchain technology and Ethereum's evolution.
👍 Like this video if you learned something about Proof of Stake.
💬 Comment below: Did you think The Merge would succeed? What surprised you most?
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#ProofOfStake #EthereumMerge #VitalikButerin #Ethereum #TheMerge #ProofOfWork #Blockchain #EthereumStaking #CryptoSustainability #BlockchainTechnology
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DISCLAIMER: This is an unofficial, fan-created channel and is not affiliated with, endorsed by, or sponsored by Michael Saylor or MicroStrategy.
All content is for educational and informational purposes only. The voice used is AI-generated (TTS) and is not the original voice of Michael Saylor.
This is NOT financial advice. Always consult a qualified professional before investing.
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