TL;DR
- Aya Miyaguchi will take on the presidency of the Ethereum Foundation after a process lasting about a year, amid criticism of her management.
- Despite the criticism over her lack of competitiveness and slow progress on scalability solutions, the Foundation and Buterin have highlighted her achievements.
- The Foundation is considering a leadership restructuring, with proposals for Danny Ryan to take on a more prominent role, seeking a more agile leadership.
Aya Miyaguchi, Executive Director of the Ethereum Foundation (EF), will take on the role of president of the organization.
This change in the leadership structure was announced through a blog post on the EF’s official site and coincides with a wave of criticism of Miyaguchi’s management by some members of the Ethereum community. During her time leading the Foundation, Miyaguchi has been questioned for her lack of competitiveness and for not moving fast enough on the network’s scalability solutions.
The Ethereum Foundation and Buterin Support Miyaguchi
The decision for Miyaguchi to assume the presidency of the EF comes after a process lasting about a year. Despite the criticism, the Foundation has highlighted Miyaguchi’s accomplishments during her seven years as Executive Director. Vitalik Buterin, Ethereum’s co-founder, praised her ability to create an environment where others could thrive, pointing to the success of several initiatives, such as the execution of hard forks and the organization of events like Devcon.
Despite these achievements, the Ethereum Foundation has been criticized for its lack of transparency and the complexity of its internal structure. In response to these allegations, Buterin has taken steps to make the organization more accessible and participatory, including a significant investment in DeFi projects such as Aave, Compound, and Spark, to show greater commitment to the community and the Foundation’s funds.
Danny Ryan’s Role
The EF is also considering a restructuring of its leadership, with proposals for Danny Ryan, who played a key role in Ethereum’s transition to proof-of-stake, to take on a more important role within the organization. The community seeks more agile leadership focused on addressing the challenges ETH faces, particularly scalability and competitiveness against other blockchain solutions.
The change in the Ethereum Foundation’s presidency and the strategic moves being made could bring significant changes to the network. For now, it remains to be seen how Miyaguchi performs in her new role within the Foundation
