Lido co-founder discusses the future of Ethereum at EthCC

Cointelegraph

Published Jul 20, 2022 02:30PM ET

Updated Jul 20, 2022 04:00PM ET

Crypto enthusiasts are finally getting some respite from the ongoing bear market as the price of Ethereum (ETH) has increased 48% before the looming Merge upgrade that transitions the blockchain into one powered by a proof-of-stake consensus. As a result, the future of Ethereum has become one of the highly discussed topics during the annual Ethereum Community Conference, or EthCC in Paris. On Wednesday, Cointelegraph’s events manager Maria A. spoke to Vasily Shapovalov, co-founder of Ethereum liquid-staking solution Lido Finance.

As a co-founder of Lido, Shapovalov has a heavy focus on technical developments, including maki the algorithm and designing the protocol for withdrawals after the Merge. Secondary priorities include updating governance protocols and improving algorithms for the selection of validators.

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