- Aya Miyaguchi has stepped away from her position as govt director of the Ethereum Foundation.
- The communication across the transfer has confused many within the Ethereum neighborhood.
Aya Miyaguchi is transitioning away from her position because the Ethereum Foundation’s govt director amid an ongoing leadership shakeup on the non-profit organisation.
In a Tuesday blog post Miyaguchi mentioned she is beginning a brand new position because the organisation’s president, a call she mentioned she made a yr in the past.
The announcement comes amid requires a leadership overhaul as Ethereum struggles to carry its floor in opposition to rival blockchains like Solana.
Miyaguchi mentioned she’ll “develop the attain of our imaginative and prescient” in her new put up, however what meaning is unclear. The non-profit organisation is tasked with funding the event of Ethereum-related applied sciences and isn’t meant to regulate or lead Ethereum.
Whereas some congratulated Miyaguchi on her new position, others mentioned the announcement creates extra questions than it solutions.
Eric Connor, a former Ethereum core developer, said on X: “Nobody is aware of what ‘president’ is. Nobody is aware of [what] the brand new leadership construction is. Nobody is aware of who the brand new govt director is. [I] Guess we’ll ultimately see.”
“I learn this tweet, Vitalik’s tweet, and the weblog put up and I’m nonetheless confused,” Luke Xie, co-founder of restaking protocol SatLayer, said in response to Miyaguchi’s announcement on X. “Will the brand new govt director report back to her or?”
Others said that the communication round Miyaguchi’s transfer doesn’t adequately clarify what the day-to-day distinction is between her position as govt director and president.
Calling for change
For weeks, outstanding figures within the Ethereum neighborhood have called for change on the Ethereum Foundation, accusing Miyaguchi and different leaders of being ineffectual and out of contact with the neighborhood.
“We’re certainly at the moment within the course of of enormous adjustments to EF leadership construction, which has been ongoing for near a yr,” Ethereum co-founder Vitalik Buterin said in a January X put up.
Over the previous yr, Ethereum’s Ether token fell some 18%, whereas Solana’s token gained 37%.
Miyaguchi’s position change leaves her earlier position as govt director open.
“It’s not the sort of transfer you’d do until you had a brand new govt director lined up,” Adam Cochran, an Ethereum investor, said on X.
Danny Ryan, a researcher on the Ethereum Foundation, is a neighborhood favorite to take over as govt director.
In January, Ethereum customers holding $159 million price of Ether informally voted for Ryan to guide the Ethereum Foundation in a ballot performed by Fabrice Cheng, an engineering supervisor at Coinbase.
Nevertheless, the choice for who will substitute Miyaguchi in the end rests with Buterin.
“The particular person deciding the brand new EF leadership staff is me,” the Ethereum co-founder said on X in January. “One of many objectives of the continuing reform is to present the EF a ’correct board,’ however till that occurs, it’s me.”
Ryan didn’t instantly reply to a request for remark.
Tim Craig is DL News’ Edinburgh-based DeFi Correspondent. Attain out with ideas at tim@dlnews.com.
