NEWSLETTER
The executive director of ethereum Foundation (EF), Aya Miyaguchi, will leave her current role and transition to a new position as president of the Foundation in the middle of a renewal of its leadership structure.
Miyaguchi announced the change in February 25 <a target="_blank" href="https://blog.ethereum.org/en/2025/02/25/aya-announcement”>statement And he said that a new government model is expected soon. He added that his new role as president will focus on strengthening institutional relations and expanding the widest vision and culture of ethereum (eth).
She described the transition as an opportunity to reflect on the decentralized spirit of ethereum, especially in the light of recent debates surrounding the performance of the network and the eth market value.
He added that ethereum's strength lies in his nature without permission, where open discourse contributes to resilience instead of division.
Vitalik Butein, co -founder of ethereum, <a target="_blank" href="https://x.com/VitalikButerin/status/1894421753465643265″>admitted Miyaguchi's contributions during his term, emphasizing his role in promoting an environment conducive to innovation. He shared in x:
“As I see it, the role of an emergency service is to create an environment where others can shine and do their best job, and therefore, every success of the EF: the constant execution of the hard forks of ethereum, the workshops of interoperability of customers, Devcon, the culture of ethereum and a firm commitment to its mission and values, and more, is partly the result of the administration of Aya. “
Independent of the entities
Miyaguchi reaffirmed that the role of the foundation is not to exercise control over ethereum, but to maintain its principles of credible neutrality.
She emphasized the restoration philosophy of the organization, a design approach that seeks to reduce systemic imbalances instead of imposing rigid structures. This The strategy has guided the decision -making process of the Foundation and helped ensure that ethereum remains decentralized and adaptable.
The key examples of this philosophy in action include the so -called “All Core Dev” to allow the technical decision making promoted by the community, promote the diversity of customers to mitigate the unique failure points and facilitate research and development.
In addition, the Foundation coordinated the merger, the transition of ethereum to the stake test, as a decentralized and collaborative effort.
Miyaguchi evaluated that ethereum operates through a decentralized leadership model, mainly through events such as devconnect, which are meetings to boost progress in their respective ecosystems.
In this landscape, the EF approach prioritizes the promotion of leadership in various communities, promoting organic collaboration without centralized supervision.
He also pointed out that ethereum's continuous success depends on his ability to adapt without resembling traditional corporate structures. The strategic approach of the EF has changed direct execution to a broader facilitation, ensuring that ethereum's growth remains aligned with its decentralized principles.
Pressure on eth performance
Based on crypto data data, ethereum rose 42% in 2024, but its performance was very eclipsed by bitcoin (btc) and Solana (Sun), which rose 112% and 73%, respectively, during the year.
The ethereum Foundation has faced criticism for eth's low performance due to its constant sales on public trade platforms. As of January 27, EF had sold almost $ 1 million In eth through three different transactions.
In response to community concerns, the Foundation assigned 50,000 eth to different decentralized applications to obtain yields based on your treasure instead of selling your ether stash as part of your new management model.
Miyaguchi also received criticism for allegedly not promoting ethereum's growth sufficiently, which contributed to its low performance in 2024.
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