Friday, December 2, 2022
HomeCrypto NewsMarketEthereum Founder Vitalik Buterin Finally Releases The Long-Awaited Book On PoS

Ethereum Founder Vitalik Buterin Finally Releases The Long-Awaited Book On PoS

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Vitalik Buterin’s “Proof of Stake” book is finally out after a decade of preparation – here is how to get it.

For years, Ethereum’s founder Vitalik Buterin has been writing essays about the blockchain and crypto technology in which he has grown so invested. His brain-child project, Ethereum, has just gone through a revolutionary transition from the PoW (Proof of Work) system to the PoS (Proof of Stake) working model. The big event was dubbed the Merge. This transition could be the motivation behind Vitalik’s decision to release his collection of essays made into a book.

Vitalik announced news of the book’s release in a tweet. Interestingly, the book is titled “Proof of Stake.” As reported by the crypto basic, back in August, the Ethereum founder promised the book would be released in a month. It has taken him 10 good years to prepare the book.


Sale Proceeds To Be Donated

While sharing the news of the book’s release, Vitalik also shared a link to where interested fans can get the book. The book is hosted on Gitcoin, a platform dedicated to pooling funds to support free web development. The book “Proof of Stake” can be accessed here.

In a move seen as a demonstration of his support for the free web, Vitalik has decided to donate all the proceeds of the book’s sales to fund the web.

It’s A First

It’s the first time a good collection of essays about the fairly new blockchain and proof-of-stake network model has been availed on the internet. Also, it’s the first time an author uses Eth keys to sign a book. The book will also be availed as an NFT.

“Proof of Stake” Is Good For The New System

The book’s release comes at a time when Ethereum has just launched the PoS network model. The transition has attracted the attention of various crypto-related parties, including big exchanges like Gemini. Recently, Gemini crypto exchange announced plans to launch Ethereum staking on its platform.

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Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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