Ethereum Foundation Restructures R&D Division

The Ethereum Foundation has restructured its Protocol Research & Development division, renaming it simply 'Protocol,' to focus on three key areas: scaling Ethereum’s Layer 1, enhancing data availability through 'blobs,' and improving user experience significantly. This move is aimed at strengthening Ethereum’s position as a critical global financial infrastructure. Leadership changes include Tim Beiko and Ansgar Dietrichs spearheading Layer 1 scaling efforts, Alex Stokes and Francesco D’Amato improving blobspace for Layer 2 efficiencies, and Barnabé Monnot and Josh Rudolf overseeing user experience enhancements. Dankrad Feist will offer strategic advice across these areas. The restructuring also involves staff layoffs, although specific numbers weren't disclosed, with implications for at least four blockchain engineers. The foundation encourages the industry to integrate these talents. Under new leadership with Hsiao-Wei Wang and Tomasz Stańczak as co-executive directors, replacing Aya Miyaguchi, now the foundation president, the foundation aims to accelerate growth responding to community feedback on research pace and strategic direction. New leadership and an enhanced security plan form part of this response. Disclaimer: The Block, an independent media outlet, delivers news, research, and data. It operates independently despite investment by Foresight Ventures, providing objective information about the crypto industry.