🔧 $ETH Foundation updates its management structure and bets on scaling, reports Cointelegraph.
⚪️ A redistribution of roles has occurred:
— The Board of Directors will be responsible for strategy and maintaining the values of the ecosystem
— Management will focus on implementation and operational activities
👥 The new executive directors are:
- Hsiao-Wei Wang
- Tomas Stanczak (founder of Nethermind)
📌 Their key priorities:
- Censorship resistance
- Privacy and security
- Open-source innovations
- Scaling L1 and L2
- Improving user experience
🧠 Vitalik Buterin will continue to oversee the technical side,
🌍 Aya Miyaguti, the president of the foundation, will focus on external communications.
📈 This restructuring is a response to criticism about the foundation's weak contribution to DeFi development and the stagnation of the $ETH rate. For investors, this is a positive signal: Ethereum strengthens its management team to maintain leadership amid growing competition from $SOL and other ecosystems.