Ukraine Will be the Next Web3 Hub – Ethereum Founder Vitalik Buterin

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The Ethereum Founder attended his first hackathon gathering in Kyiv. His excitement and admiration for the fact that the Kyiv Tech Summit is taking place in the capital of a war-torn country encouraged him to attend.

Ukraine may be the next Web3 hotspot. As local communities grew, the Ethereum Foundation opened offices in Boulder, Berlin, and Singapore. A country may become a Web3 hub if its residents seek and develop the technology. Indeed. Ukraine can and will achieve this ” Vitalik Buterin Said.

Since Russia’s invasion on February 24, Ukraine has been at war. Our country needs global technological leaders today. Minister of Digital Transformation Mykhailo Fedorov emphasized this during the Kyiv Tech Summit. She encourages other well-known businesspeople from around the world to visit Ukraine and help Ukrainians.

“Amazing. Be brave like Ukraine. I wanted to learn about the Ethereum projects and applications being created here and the people behind them “he added.

Ethereum Upcoming Merge

Just a few days left for the upcoming merge which is scheduled for 15th-16th September, 2022 This week, the Bellatrix upgrade was implemented on Ethereum’s mainnet; however, not all nodes have yet been brought up to date. Because of this, the network now has a higher “missing block rate,” which refers to the proportion of blocks that have not yet been mined (the frequency with which the network is unable to verify the transaction block to be verified).

Ethereum founder and community anticipate that the mainnet merging will take place somewhere between September 15 and September 16.