• Crypto and digital assets faced highs and lows in 2022, which included the Ethereum Merge and various memorable memes.
• Ethereum shifted from a Proof-of-Work to a Proof-of-Stake consensus during the Merge.
• Vitalik Buterin attracted attention for his picture with someone and his struggles with setting up a microphone.
In 2022, the world of crypto and digital assets experienced the highest highs and lowest lows since its inception. As the industry continues to grow and evolve, there were many “absolutely unforgettable” moments that took place throughout the year.
One of the most notable events was the Ethereum Merge, which saw Ethereum shift from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus. This major overhaul was met with support and enthusiasm from the cryptocurrency community, with many predicting the Merge to be a major step forward in the industry.
Of course, there were also some “funnier” moments in the year. For example, the inventor of Ethereum, Vitalik Buterin, became the subject of “memetization” throughout the year. This was due to a picture he had taken with someone, which sent Ethereum’s price soaring. This was followed by some of Buterin’s struggles with setting up a microphone, which provided for some lighthearted entertainment.
Despite the highs and lows, 2022 was an eventful year for the crypto and digital assets industry. Events such as the Ethereum Merge and Vitalik Buterin’s funny moments showed that the industry is continuing to grow and develop. With the events of 2022 in the rearview mirror, the industry looks ahead to what the future holds.