{"id":128157,"date":"2025-04-29T01:24:22","date_gmt":"2025-04-29T01:24:22","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=128157"},"modified":"2025-04-29T01:24:22","modified_gmt":"2025-04-29T01:24:22","slug":"ethereum-foundation-shuffles-leadership-splits-board-and-management","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=128157","title":{"rendered":"Ethereum Foundation shuffles leadership, splits board and management"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsThe Ethereum Foundation, which backs the development of the Ethereum blockchain, has overhauled its leadership structure to separate the responsibilities of its management team and board of directors.<br \/>\nThe board will act as the \u201csecurity council to protect the heart and soul\u201d of the foundation and set visions for Ethereum, while the new management will be focused on the strategic and operational execution of those visions, the Foundation said in an April 28 blog post.<br \/>\nIt added in an April 28 X post that Hsiao-Wei Wang and Tomasz K. Sta\u0144czak were appointed as co-executive directors on March 2 to deliver on those visions \u2014 which are centered around championing censorship resistance, open-source innovation, privacy and security<br \/>\nWang and Sta\u0144czak\u2019s roles took effect on April 28 with the foundation setting a two-year term for Sta\u0144czak to address some of Ethereum\u2019s biggest challenges. Sta\u0144czak\u2019s new role will be balanced with his work as founder of Ethereum infrastructure firm Nethermind and a soon-to-be-announced Ethereum-focused venture capital firm.<br \/>\nSource: Ethereum FoundationBastian Aue and Josh Stark are also a part of the management team, with Aue to focus on organizational strategy, hiring and training, and Stark to primarily be tasked with project execution, communications and marketing.<br \/>\nThe board consists of Ethereum co-founder Vitalik Buterin, the Ethereum Foundation\u2019s President Aya Miyaguchi, Swiss counsel Patrick Storchenegger, and Wang, who will bridge between the board and management team.<br \/>\nRelated: \u2018Vitalik: An Ethereum Story\u2019 is less about crypto and more about being human<br \/>\nButerin will continue providing technical and intellectual guidance on the Ethereum ecosystem, Miyaguchi will oversee the foundation\u2019s vision while managing external relationships, and Storchenegger will keep handling legal and compliance matters.<br \/>\nThe board was responsible for selecting Wang and Sta\u0144czak as executive directors \u2014 a decision they acknowledged was unconventional \u2014 and they also have the power to terminate those positions.<br \/>\nThe Ethereum Foundation has adopted a more active role in the Ethereum ecosystem in recent months, following criticism from Synthetix founder Kain Warwick that the foundation \u201cdoesn\u2019t care\u201d about decentralized finance innovation.<br \/>\nOthers in the Ethereum community previously attributed the foundation\u2019s lack of engagement and leadership to Ether\u2019s (ETH) poor price performance relative to Bitcoin (BTC) and Solana (SOL).<br \/>\nEthereum Foundation\u2019s main focus is scaling<br \/>\nThe Foundation said its three main focus areas over the next 12 months would be to scale the Ethereum layer 1, scale blobs at the layer 2 level, and improve user experience.<br \/>\nEthereum Foundation researcher Dankrad Feist and protocol support Sophia Gold have already pitched proposals to to address Ethereum\u2019s scaling woes at the base layer under Ethereum Improvement Proposals-9678 and 9698.\u00a0<br \/>\nBoth EIPs look to raise the gas limit, which should theoretically raise Ethereum\u2019s transaction throughput by the same magnitude.<br \/>\nMagazine: Ethereum is destroying the competition in the $16.1T TradFi tokenization race<a href=\"https:\/\/cointelegraph.com\/news\/ethereum-foundation-shuffles-leadership-with-board-and-management-split?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsThe Ethereum Foundation, which backs the development of the Ethereum blockchain, has overhauled its leadership structure to separate the responsibilities of its management team and board of directors.&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128157"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128157"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128157\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128157"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}