Yelk Party Nikol Pashinyan speaks during a protest organized by'My Step and'#merjirserjin initiatives at Liberty Square in Yerevan on Friday
Under the new constitution, the president's powers will be transferred to the prime minister.
Sargsyan rules Armenia in the role of a president since 2008.
The vote completed the Caucasus nation's switch from a presidential to a parliamentary system following a disputed 2015 referendum, a move the government describes as a boost for democracy.
Hundreds of demonstrators blocked streets in central Yerevan on April 17, a day after dozens of protesters were hurt in clashes with police barring the path to parliament.
Thousands of Armenian protesters clashed with riot police in the capital city Yerevan on April 16.
Holding Armenian flags and chanting "Armenia without Serzh!" protesters filled Yerevan's main square after lawmakers backed the candidacy of the Kremlin-supported veteran politician with 77 to 17 votes. Sarkissyan is now tipped to become the prime minister, a position that will give him an nearly absolute decision-making authority in the country.
For 5 days in row the opposition holds mass protests against the ex-president, Serzh Sargsyan becoming the Prime Minister of the country.
Demonstrators in the capital proceeded to cordon off the interior ministry and the prosecutor's office, though police prevented them from entering the parliament where legislators confirmed Mr Sargsyan as prime minister.
But when the ruling Republican Party of Armenia declared Sargsyan their sole candidate for prime minister on Monday, the demonstrations snowballed. "We should block all entrances into the parliament", he said.
Many members of the ruling party contend that the 63-year-old Sarkisian is the best candidate for prime minister given his lengthy experience, especially when it comes to talks over neighboring Azerbaijan's breakaway Nagorno-Karabakh region.
Clashes with police continued on Tuesday, with at least 29 people detained, according to RFE/RL. Human Rights Watch called on the Armenian government to respect the right to peaceful assembly.
Earlier today Nikol Pashinyan announced that start of the velvet revolution in Armenia. The Prime Minister became the key official in the state, which evoked the outrage of political activists.
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