Ethereum Foundation will lead, split boards and management

The Ethereum Foundation, which supports the development of the Ethereum blockchain, has overhauled its leadership structure to separate its management team from its board of directors.

The foundation said in an April 28 blog post that the board will act as the foundation’s “security committee” and sets vision for Ethereum, while the new management will focus on the strategic and operational execution of those visions.

It added in an April 28 X post that Hsiao-wei Wang and Tomasz K. Stańczak were appointed as co-executive directors on March 2 to achieve these visions – these visions centered around advocating for censorship, open source innovation, privacy and security, privacy and security, privacy and security,

The roles of Wang and Stańczak came into effect on April 28, and the foundation sets a two-year term for Stańczak to address some of Ethereum’s biggest challenges. Stańczak’s new role will be balanced with him as the founder of Ethereum infrastructure company Nethermind and the founder of a venture capital firm that will be announced as Ethereum.

Bastian Aue and Josh Stark are also part of the management team, with AUE focusing on organizational strategy, recruitment and training and mainly responsible for project execution, communication and marketing.

The board consists of Ethereum co-founder Vitalik Buterin, Ethereum Foundation chairman Aya Miyaguchi, Swiss lawyers Patrick Storchenegger and Wang, who will bridge between the board and management team.

Related: “vitalik: A Story of Ethereum” has nothing to do with encryption, but more about humans

Buterin will continue to provide technical and intellectual guidance to the Ethereum ecosystem, Miyaguchi will oversee the Foundation’s vision while managing external relations, and Storchenegger will continue to deal with legal and compliance issues.

The board of directors is responsible for selecting Wang and Stańczak as executive directors – they acknowledged it was an unconventional decision – they also have the right to terminate these positions.

Amid criticism from Synthetix founder Kain Warwick, the Ethereum Foundation has played a more active role in the Ethereum ecosystem in recent months, which “doesn’t care” about decentralized financial innovation.

Others in the Ethereum community have previously attributed the foundation’s lack of engagement and leadership to the difference in the price difference between Bitcoin (BTC) and Solana (SOL).

The main focus of the Ethereum Foundation is expansion

The foundation said its three main focus areas will be to expand Ethereum Layer 1, scale blobs at the Layer 2 level and improve user experience over the next 12 months.

Dankrad Feist and protocol support Sophia Gold have proposed proposals to address the scaling disaster of Ethereum’s underlying layer under Ethereum improvement proposals -9678 and 9698.

Both EIPs want to increase the gas limit, which theoretically should increase Ethereum’s transaction throughput at the same size.

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