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Latest cryptocurrency news > Ethereum (ETH) > Ethereum Community Backs Danny Ryan for Leadership
Ethereum (ETH)

Ethereum Community Backs Danny Ryan for Leadership

BH NEWS
Last updated: 30 January 2025 15:38
BH NEWS 10 months ago
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The Ethereum community is rallying behind Danny Ryan as a potential leader for the Ethereum Foundation (EF), following an unofficial poll that demonstrated overwhelming support. Conducted via votedannyryan.com, the survey indicated that 99% of the 296 wallets participating favored Ryan, showcasing a collective desire for strong technical guidance. The support amassed translates to approximately 50,000 ETH, valued around $160 million.

Contents
What Motivates the Call for New Leadership?How Does Ryan’s Expertise Align with Ethereum’s Goals?

What Motivates the Call for New Leadership?

Concerns about the current leadership’s effectiveness and vision have spurred this community movement. Fabrice Cheng, the campaign’s initiator, highlighted the need for community involvement, stating, “The greatest strength of Ethereum lies in its social layer. It’s critical for the community to have a say in decision-making processes.”

How Does Ryan’s Expertise Align with Ethereum’s Goals?

The voting process facilitated participation from various ETH holders, with many believing that Ryan’s robust technical background aligns well with Ethereum’s future. His credibility stems from his significant role during “The Merge,” the transition from Proof of Work to Proof of Stake, which has solidified his standing in the community.

– 99% of voters support Danny Ryan’s leadership.
– 50,000 ETH equivalent to $160 million showed backing.
– Community demands greater involvement in decision-making.
– Ryan’s technical expertise is recognized and respected.

Ryan’s notable research in sharding and Proof of Stake during his previous tenure at EF has prompted calls for his return. Though he stepped down in 2023, he remains engaged with Ethereum co-founder Vitalik Buterin and other EF officials. Suggestions for a co-leadership model featuring Ryan alongside Jerome de Tychey, the president of ETH France, have also emerged, highlighting Ryan’s potential to inspire the technical team.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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