Foresight News reported that Ethereum core developer Tim Beiko said, "If we handle it right, we will remember today as one of the most important turning points in Ethereum's history. The past few months, to put it mildly, have been turbulent. While it is clear that Ethereum needs to succeed, many things need to change, but it is easy to overcompensate and lose its magic in the pursuit of ultimate optimization. This week's announcement makes me believe that we have found the right balance between these two extremes." "Tomasz Stanczak is the only person I can imagine joining the Ethereum Foundation from the outside and immediately getting to work to help us accelerate our progress. He built a client from scratch, developed Nethermind into one of the most successful independent Ethereum organizations in the field, and has been traveling the world non-stop, meeting with Ethereum builders, researchers, and users." "Hsiao-Wei Wang is one of the few who have been directly involved in Ethereum's transition to 'Eth2' from the beginning. She actually drew the first diagram showing how sharding works. Her deep understanding of how research evolves into specifications and eventually into production clients, combined with her perspective as a long-term EF member, forms a unique complement to Tomasz's background." "Ethereum's culture is unique, the result of top-down and bottom-up influences. As the transition from Ethereum Foundation Executive Director to Ethereum Foundation President and the formation of a formal and informal advisory circle takes place, I believe Ethereum will maintain its commitment to OG values while remaining attractive to newcomers." "Danny Ryan joins Etherealize, an Ethereum advocacy and product venture, as a co-founder. 'The most scarce resource is legitimacy.' The organization will take on the responsibility of driving Ethereum's mass adoption (and more!)." "We have a lot of work ahead of us, and we should not delude ourselves into thinking that Ethereum will inevitably achieve its ambitions. That said, we now have the best structure, which gives us a chance to catch up. Let's give it our all."