0
0
News

Ethereum Foundation Restructures Protocol R&D Team

The restructure of the 'Protocol' team involved some staff layoffs.
0
0
Jun 3, 20251 min read

The Ethereum Foundation has overhauled its R&D division, now called 'Protocol,' aligning around Layer 1 scaling and user experience, while laying off staff to streamline operations.

What’s the Scoop?

  • Division Restructure: Ethereum Foundation has renamed its Protocol R&D division to 'Protocol,' focusing on strategic scaling and user experience.
  • Leadership Changes: Tim Beiko and Ansgar Dietrichs will spearhead Layer 1 scaling, while other key leaders will focus on blob improvements and UX.
  • Layoffs Announced: The restructuring included staff cuts, with at least four blockchain engineers let go as the organization streamlines operations.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.