Ethereum (ETH) Foundation Co-Executive Director: "Now is the time for a more centralized role of the Foundation"
Summary
- Tomasz Kajetan Stańczak, Co-Executive Director of the Ethereum Foundation, stated that a centralized role of the Foundation is necessary in the current Ethereum (ETH) ecosystem.
- He emphasized that the Ethereum Foundation has been operated in an overly decentralized way, causing issues that need to be addressed by returning to the original goals and vision.
- Institutional investors are demanding a clear figure to represent Ethereum, making organizational and business changes in the Foundation essential.
Tomasz Kajetan Stańczak, Co-Executive Director of the Ethereum (ETH) Foundation, stated in an interview with DL News on the 3rd (local time) that “it is currently a time when the Ethereum (ETH) ecosystem needs more centralized authority and role from the Foundation.”
He said, “The Ethereum Foundation has been operated in an overly decentralized and disorderly manner until now,” and emphasized, “There are many voices within the ecosystem pointing out these issues. We must bring Ethereum back to its original goals and vision before it's too late.”
He continued, “A more centralized structure is needed so that important decisions can be made quickly,” and added, “Institutional investors also want a clear ‘face’ representing Ethereum. For this, organizational and business changes in the Foundation are essential.”
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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