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The Ethereum Foundation has seen its second co-executive director step down in four months, extending a turbulent period of leadership turnover at the nonprofit that oversees development of the Ethereum network and its native token, $ETH.
The back-to-back exits mark an unusually compressed stretch of change at an organization that typically operates quietly behind one of the world's largest blockchain ecosystems.
What the Ethereum Foundation Does The Ethereum Foundation is a nonprofit responsible for stewarding the Ethereum protocol — the open-source blockchain that underpins $ETH and supports a broad ecosystem of decentralized applications, tokens, and financial infrastructure.
Its executive leadership sets strategic direction for core development, manages grants to independent development teams, and serves as the public face of the project.
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