Ethereum Foundation Leses Co-Executive Director Amid Leadership Exodus

The Ethereum Foundation has lost another high-ranking contributor, amid increasing scrutiny of the research organization as the network faces ongoing questions about talent retention and governance philosophy.

In a post on X, co-executive director Hsiao-Wei Wang announced that she had stepped down from her role, effective immediately, following a recent sabbatical. Wang wrote that “Ethereum has always been bigger than any role” and indicated that she has not yet decided what she will do next.

Ethereum co-founder Vitalik Buterin commented on Wang’s an X post, acknowledging that she had taken on “the most challenging position in the Ethereum Foundation” alongside Tomasz Stanczak, who also stepped down from his leadership role earlier this year.

Source: Vitalik Buterin

The Ethereum Foundation has logged an estimated 19 layoffs and departures this year, although the loss of senior executives and core contributors has drawn the most attention. The wave of departures comes as the foundation grapples with intensifying competition, ongoing debate over Ethereum’s governance and long-term development strategy, and continued pressure on Ether’s market performance.

Buterin has also pushed back against criticism, particularly claims that the foundation should play a more active role in promoting the network. In May, he said that the foundation “is not the ‘center of Ethereum,’ rather […] ‘one node, with a defined purpose, alongside other nodes.’”

Related: Blockchain researcher defends Ethereum Foundation, says it’s doing ‘exactly’ its job

Decentralization remains Ethereum Foundation’s core mandate

In March, the Ethereum Foundation reaffirmed its role as a steward of the Ethereum ecosystem, unveiling a revised mandate that places even greater emphasis on decentralization.

“Our ultimate goal is for Ethereum to pass the walkaway test: its protocol and core application layers become robust and trustless enough that they would continue to reliably function and evolve even if the Foundation and today’s core developers disappeared tomorrow,” the foundation said.

Source: Ethereum Foundation

That philosophy has also shaped Buterin’s evolving stance on Ethereum layer-2 networks — the independent blockchains built on top of Ethereum to improve scalability and reduce transaction costs. 

Buterin recently stated that the original vision for layer-2s “no longer makes sense,” contending that many have failed to achieve meaningful decentralization and that improvements to the Ethereum mainnet make it a more suitable long-term scaling solution.

Magazine: Ethereum’s roadmap to 10,000 TPS using ZK tech: Dummies’ guide