Ethereum co-founder Vitalik Buterin announced that in a month he would release a unique book called “Proof of Stake”, which would collect all of his articles and notes over the past ten years.
Buterin tweeted that the book would be available in paper and digital format. Users will be able to purchase a signed digital copy of the book and its NFT version. Part of the proceeds will be directed to the American Gitcoin platform to fund public projects.
“Proof of Stake”, the (physical and digital) book compiling various writings I’ve made over the last ~10 years, will be out in a month!
You can get a signed digital copy and NFT here: https://t.co/RCZPHs9rpe
My share of the proceeds all goes to @gitcoin grants public goods!
— vitalik.eth (@VitalikButerin) August 31, 2022
Gitcoin founder Kevin Owocki stressed that this is the first time an e-book has been signed using the author’s public key on the Ethereum blockchain and issued as an NFT.
The pre-order for the paper book is now $18.95. However, users who wish to purchase a signed digital copy of Proof of Stake need to pay 0.1337 ETH (about $215). Owotsky added that he would be pleased to see more authors publishing their work as collectible tokens.
The book signing tech here is novel and would be great to more see authors signing books with their eth keys + issuing them as NFTs
— Ξwoki (@owocki) August 31, 2022
The release of Vitalik Buterin’s book is significant as the Ethereum network is on the verge of a long-awaited merger. This event will be welcomed by environmental activists, as the transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) will significantly reduce the network’s carbon footprint in the atmosphere.
According to the recently released Ethereum merger timeline, the Bellatrix update will roll out on September 6th, followed by the launch of the Paris update between September 10th and 20th. Buterin has reached out to node operators to upgrade their clients in preparation for Bellatrix.
Recently, Buterin stated that Ethereum’s transition to PoS will increase the popularity of cryptocurrency payments by increasing the scalability of the blockchain and reducing transaction fees.
Source: Bits
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