THE DAILY ENCRYPT

October 3, 2022

CEO of ConsenSys Joseph Lubin States The Merge Will Have a Big Impact

In an interview with Bloomberg TV, Joseph Lubin, ConsenSys CEO and cofounder of Ethereum, discussed The Merge. He said, "It will be as smooth as...
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In an interview with Bloomberg TV, Joseph Lubin, ConsenSys CEO and cofounder of Ethereum, discussed The Merge. 

He said, “It will be as smooth as it would be if your iPhone has upgraded its operating systems overnight.”

Joseph Lubin, ConsenSys CEO, stated that he believes The Merge will have “enormously significant” impact on the industry and that it will cause little disruption for end users.

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Ethereum co founder states no disruption for the end user

The Ethereum co-founder described the event in an interview on Bloomberg TV’s as The Merge. He also stated that the disruption will not be felt by end users.

He said, “It will be as smooth as it if your iPhone has upgraded its operating systems automatically overnight.

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ConsenSys, a blockchain technology company behind the crypto wallet MetaMask as well as Ethereum infrastructure platform Infura, is ConsenSys. Recently, it signed a deal to provide ZK-rollups for those products.

Lubin concluded the interview by talking about the history of crypto, suggesting that The Merge was third major event in crypto after Bitcoin’s advent and Ethereum’s development.

Elena Argyros

Elena Argyros

Elena is cryptocurrency writer / journalist based in Europe. She has extensive knowledge in the crypto space and is a solidity programmer by trade. Elena has built an extensive resume working with some of the most ground breaking blockchain firms. Being in Europe, Elena has amassed a large network of professionals in the space and states "The technology behind blockchain is going to impact everyone on earth in a good way, once you get to understand it".
Elena Argyros

Elena Argyros

Elena is cryptocurrency writer / journalist based in Europe. She has extensive knowledge in the crypto space and is a solidity programmer by trade. Elena has built an extensive resume working with some of the most ground breaking blockchain firms. Being in Europe, Elena has amassed a large network of professionals in the space and states "The technology behind blockchain is going to impact everyone on earth in a good way, once you get to understand it".

© 2022 The Daily Encrypt. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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