The Ethereum Foundation has selected new co-executive directors, following leadership reshuffle
The Ethereum Foundation (EF), the non-profit organization that supports the development and research of the Ethereum blockchain, Shared with a blog post On Saturday they selected Hsiao-Wei Wang and Tomasz Stańczak as their new co-executive director.
The news follows Tuesday’s announcement of Aya Miyaguchi left that paper to be The new EF president. The Leadership Shaking follows the intense community debate about the role of EF in the ecosystem, as Some blame the organization and its leadership for the price of token ether (ETH) of blockchain caught behind other cryptocurrencies, while the blockchain Attracted to the first time the new developers lower than its competitor Solana.
Wang has been in the EF since 2017, where He helped with research In concepts Like ShardinG, as well as contributing to Ethereum’s main overhaul Known as “the integration.” Stańczak founded Nerrthermind, one of the largest software or clients operating the Ethereum blockchain.
“Over the next few years, the Ethereum ecosystem will need to navigate the challenging transition from being an early stage project that delivers a small number of lovers to being a steady consent of the baseless base of global finance and software stack,” the foundation said in their blog post.
More shuffling
In addition to Wang and Stańczak who assumes their new duties, ex-EF Danny Ryan shares that he will join Etherealize, the The new project aimed at bringing the ETH On Wall Street. The firm was founded by former banker Vivek Raman, who had previously shared with CoinDesk that one of Etherealize’s goals was to bridge the gap between Ethereum and the banks by teaching institutions and marketing ETH as a serious crypto asset.
In A post shared In X, Ryan said he intends to “build a new Ethereum institution with the Real World Ethereum as its North Star.”
“The world is ready to come to the chain, and we are here to make the effort needed to happen,” Ryan added.
Read more: Aya Miyaguchi of the Ethereum Foundation is leaving the Executive Director Role
