ETHEREUM has announced a new leadership structure consisting of two co-managers of the Foundation, HSIAO-WEI WANG- Basic Researcher at ETHEREUM, and Thomas Stewchak, CEO of Nethermind-one of the largest implementation customers in Ethereum.
According to the announcement of March 1, Wang has seven -year experience as a researcher at ETHEREUM, and Stańczak has proven his leadership in expanding an organization from an early stage project to a global company.
Wang and Stańczak will take their roles as co -managers of the Foundation on March 17. Ethereum added:
“Over the next few years, the ethereum ecological system needs to move in the difficult transition from being an early project that serves a small number of enthusiasts to be a strong base layer, no permit, resistant to control from the stack of global financing and software.”
These changes in the new leadership come in a difficult time for the ethereum ecological system, where the ETHER prices are struggled to restore the previous highlands, and the fears that the scaling solutions of the network’s layer 2 are to activate Ethereum, and the competition from new highly productive chains, all of which erod the investor confidence.
Imagine the left Wang and Stańczak in the right image. source: Ethereum Foundation
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Ethereum changes the gears amid complaints
Vitalik Buterin explained an ETHEREM strategy on January 23 blog mailWhich included increasing the number of point, and thus increasing the treatment capacity and encouraging layer 2 solutions to pay a percentage of its fees to the basic layer.
On February 13 /
The Ethereum community celebrated this step as it indicated that the Foundation has another source of revenue other than selling ETH in the market and suppressing prices.
The collapse of the Ethereum Foundation for the Funds Funds deposited in the decentralized financing protocols. source: Ethereum Foundation
The presence and marketing of social media has become a top priority for the institution in recent weeks, with the emergence of Etherealize, which is responsible for marketing ETAREUM for institutional investors.
Danny Ryan, ETHEREUM developer long, joined Etherealize as a co -founder of the initiative on March 1 alongside Vivek Raman.
Ethereum also sought the director of social media last month to fix its operations on social media and enhance the presence of the network online.
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