The Ethereum Foundation has clarified the roles of its board and management as it looks to strengthen the ecosystem’s amid Ether’s price rout.
The Ethereum Foundation, which backs the development of the Ethereum blockchain, has overhauled its leadership structure to separate the responsibilities of its management team and board of directors.
The board will act as the “security council to protect the heart and soul” of the foundation and set visions for Ethereum, while the new management will be focused on the strategic and operational execution of those visions, the Foundation said in an April 28 blog post.
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 deliver on those visions — which are centered around championing censorship resistance, open-source innovation, privacy and security
