Ethereum Foundation’s executive director Aya Miyaguchi has been promoted to president, promising to enhance institutional relationships and broaden Ethereum’s impact. “This new opportunity” she remarked on X, emphasizing that her expanded role will allow her to further support the Foundation’s mission and cultural vision.
From Teacher to Crypto Leader
Before her rise in the crypto world, Miyaguchi spent 10 years as a high school teacher. She later joined Kraken as managing director of its Japanese office and became part of the Ethereum Foundation in 2018. Under her leadership, Ethereum transitioned to proof-of-stake in 2022, reducing its carbon footprint by 99% and focusing on layer 2 scaling technologies. Her promotion comes as a recognition of her efforts to prioritize decentralization and empower developers through her “subtraction” philosophy.
Mixed Community Reactions
While some community members argue that Miyaguchi’s leadership has not attracted enough new talent—citing concerns that rival chains like Solana are gaining ground—others welcome the change as a potential catalyst for a project rebound. Critics even suggest that her recent appointment might be responsible for lagging Ethereum prices, though many believe her emphasis on sustainability and decentralized growth is essential.
A Vision for Sustainable Growth
Miyaguchi’s vision for Ethereum is rooted in the belief that the network should evolve like a garden rather than a machine. Drawing on Stewart Brand’s “pace layering” framework, she advocates for a decentralized design that allows Ethereum to address real-world problems such as poverty, banking access, and environmental challenges. Despite controversies and calls for leadership changes, including suggestions to replace her with Danny Ryan, Ethereum co-founder Vitalik Buterin has voiced support for her approach, noting that her stewardship creates an environment where innovation can flourish.
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