https://nu.federati.net/url/282269 [cointelegraph com]

> Ethereum co-founder Vitalik Buterin has hailed the London hard fork a success adding that it has given him more confidence over the upcoming merge to the Eth 2.0 chain.

> Speaking to Bloomberg News from Singapore, Buterin said that EIP-1559 is “definitely the most important part of London.” The upgrade, which went live around 15 hours ago, has tweaked the fee generation mechanism resulting in a portion of the fees being burnt.

It looks like the change from #PoW (proof-of-work) to #PoS (proof-of-stake) is proceeding well, though it is taking longer than originally expected. I knew a guy three years ago who tried to sell me his #Ethereum #cryptocurrency mining rig because he was convinced that the PoS switch would happen rapidly.