• Written by: Nakamura Haruto
• Sat, 01 Mar 2025
•   Indonesia

The Ethereum Foundation has unveiled a new leadership structure, appointing Hsiao-Wei Wang and Tomasz Staczak as co-directors.The post Ethereum Foundation Announces Leadership Changes Amid Ecosystem Challenges appeared first on Kanalcoin.

Ethereum Foundation Announces Leadership Changes Amid Ecosystem Challenges

The Ethereum Foundation has unveiled a new leadership structure, appointing Hsiao-Wei Wang and Tomasz Staczak as co-directors.

Wang, a core researcher at the Foundation, has been deeply involved in Ethereums development for the past seven years, focusing on Beacon Chain advancements and community engagement, particularly in Taiwan.

Staczak, the former CEO of Nethermindone of Ethereums major execution clientsbrings a track record of leadership in scaling blockchain projects. While he maintains ties to Nethermind, he is stepping away from the CEO role.

Ethereum Faces Challenges as Foundation Appoints New Leaders

According to the March 1 announcement, the newly appointed co-directors will shape the foundations strategic direction while ensuring alignment with the broader Ethereum ecosystem.

Their leadership follows the transition of former CEO Aya Miyaguchi, who has moved into the role of chairman after leading the organization for seven years.

The leadership shift comes at a critical juncture for Ethereum. The network has faced ongoing price pressures, competition from alternative blockchain platforms touting superior scalability, and internal debates over the impact of Layer-2 scaling solutions on Ethereums core utility.

In a demonstration of its commitment to the ecosystems financial health, the Foundation recently allocated 45,000 ETHvalued at approximately $120 million at the timeinto decentralized finance (DeFi) protocols, including Aave, Compound, and Spark.

The post Ethereum Foundation Announces Leadership Changes Amid Ecosystem Challenges appeared first on Kanalcoin.