Danny Ryan Resigns from Ethereum Foundation After 7-Year Tenure

IconCryptoNewsTerminal Staff13 Sep, 2024

cryptonews.jpg

Danny Ryan Resigns from Ethereum Foundation After 7-Year Tenure

Danny Ryan, a prominent researcher at the Ethereum Foundation, has resigned from his position after seven years of service. Ryan, who served as the ETH 2.0 coordinator, played a pivotal role in leading the coordination efforts around The Merge, the transition of Ethereum from a proof-of-work to a proof-of-stake consensus mechanism. According to a statement released by Ryan, his decision to leave the foundation was driven by personal reasons and is not related to Ethereum, core development, or the cryptocurrency industry as a whole. Ryan expressed his gratitude for the opportunity to work on Ethereum, describing it as "one of the greatest experiences" of his life. He also emphasized that he remains optimistic about the future of Ethereum and the broader blockchain ecosystem. Ryan's departure marks a significant loss for the Ethereum Foundation. However, the foundation has stated that it is committed to continuing its work on Ethereum 2.0 and other key initiatives. The search for Ryan's successor as ETH 2.0 coordinator is currently underway.