ConsenSys CEO Joseph Lubin: The Merge will be ‘enormously impactful’

Quick Take

  • Ethereum co-founder and CEO of ConsenSys Joseph Lubin discussed The Merge in an interview with Bloomberg TV.
  • “It’ll be as smooth as if your iPhone or your laptop has upgraded its operating system overnight,” he said.
 

ConsenSys CEO Joseph Lubin said that he thinks The Merge will be "enormously impactful" and that there will be little disruption to the end user.

In an interview with Bloomberg TV on The Merge, the Ethereum co-founder also described the event as "probably nothing," explaining that it will be “very likely nothing in the sense that there is no disruption that’s going to be experienced by end users.”

He added, “It’ll be as smooth as if your iPhone or your laptop has upgraded its operating system automatically overnight.”

ConsenSys is the blockchain software technology company behind crypto wallet MetaMask and Ethereum infrastructure platform Infura. It recently inked a deal with StarkWare to bring ZK-rollups to those products.

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

Lubin closed off the interview by discussing the history of the ecosystem, suggesting that The Merge was the third major event to happen in crypto after the advent of Bitcoin and the development of Ethereum.

 

© 2023 The Block. 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.

About Author

James Hunt is a reporter at The Block, based in the UK. As the writer behind The Daily newsletter, James also keeps you up to speed on the latest crypto news every weekday. Prior to joining The Block in 2022, James spent four years as a freelance writer in the industry, contributing to both publications and crypto project content. James’ coverage spans everything from Bitcoin and Ethereum to Layer 2 scaling solutions, avant-garde DeFi protocols, evolving DAO governance structures, trending NFTs and memecoins, regulatory landscapes, crypto company deals and the latest market updates. You can get in touch with James on Telegram or X via @humanjets or email him at [email protected].