HomeNewsEthereum Foundation co-director Tomasz Stańczak to step down; Bastian Aue to take...

Ethereum Foundation co-director Tomasz Stańczak to step down; Bastian Aue to take helm now

-

Tomasz Stańczak, a co-director of the Ethereum Foundation, said on Friday he will resign at the end of the month and move to a hands-on product role focused on artificial intelligence. He will be replaced by Bastian Aue, while Hsiao-Wei Wang remains as the other executive director.

Stańczak and Wang were appointed less than a year ago to replace Aya Miyaguchi, who stayed on the foundation’s board alongside Vitalik Buterin. Their appointments followed investor frustration with the cryptocurrency’s performance after Donald Trump’s reelection.

In a blog post, Stańczak said he will keep working on Ethereum as an AI-focused builder and researcher. He wrote, “I know now that agentic systems and AI-assisted discovery are reshaping the world.”

He also framed the decision as partly driven by his changing role at the foundation. As he wrote, “The leaders at the EF grew more confident about making decisions by themselves and owning more.”

Stańczak said the foundation will soon publish major proposals, including plans for a “lean” Ethereum and roadmaps for ongoing development and DeFi coordination. Under Stańczak and Wang, the foundation cut 19 staff, shifted focus from layer 2s to scaling Ethereum, promoted the chain with videos, accelerated upgrades, and launched privacy, quantum-threat, and AI initiatives.

Stańczak will leave at month’s end and continue contributing to Ethereum development in his new product role.

LATEST POSTS

Bitcoin Retracts From $74K High as Analysts Debate 2022 Cycle Repeat

Bitcoin trades 4.5% below its recent high of $74,000, sparking debate among analysts about its next direction. Some traders see similarities to the 2022 bear...

Litecoin Eyes $63 Short-Term Rebound, Long-Term Forecast Predicts $1,300 by 2032

Litecoin traded around $55.27 on March 6, down 2.59% amid broader market uncertainty. Crypto analyst Gustavo Maldonado noted the token may face further downside before...

Spot Bitcoin ETFs See $228M Outflows as BTC Price Dips Below $71K

Spot Bitcoin ETFs experienced $228 million in net outflows on Thursday, interrupting a three-day inflow streak. BlackRock's iShares Bitcoin Trust led the outflows. Analysts pointed...

Kazakhstan Central Bank to Form $350M Crypto Portfolio

The central bank of Kazakhstan announced details for its planned $350 million cryptocurrency investment portfolio, which will include shares of high-tech firms and index funds...

Most Popular

spot_img