Uri Kolodny, the CEO and co-founder of StarkWare Industries, has stepped down from his position because of household well being points. Nevertheless, he’ll stay a board member of StarkWare and Starknet Basis.
Saying his resolution on X, Kolodny appointed Eli Ben-Sasson, the president and member of the agency’s founding crew, as the brand new CEO.
Writing that is onerous for me.
I’m stepping down as @StarkWareLtd’s CEO. Vicious medical challenges at residence require my undivided consideration. I took a LoA a yr in the past, however sadly that wasn’t practically sufficient.
I’ll keep on as a board member of each StarkWare and the @starknet…
— Uri Kolodny (@ukolodny) January 11, 2024
Responding to Kolodny’s announcement, Ben-Sasson expressed gratitude and unhappiness. He acknowledged the affect of the well being challenges on Kolodny and his household and lamented the departure of their good, compassionate, and charismatic CEO.
In a closing assertion, the brand new CEO famous the numerous job of filling Uri Kolodny’s massive sneakers and pledged to uphold the ethos and values of StarkWare.
Pricey, shut, pal.
Writing that is additionally onerous. My coronary heart and prayers are with you and your loved ones as you confront the challenges forward.
As a @StarkWareLtd co-founder and board member, I’m overwhelmed with gratitude and unhappiness. Gratitude for what you’ve achieved: taking an…
— Eli Ben-Sasson (@EliBenSasson) January 11, 2024
StarkWare, based in 2018 by Kolodny and his long-time pal Ben-Sasson, focuses on cryptographic proof techniques designed to handle scalability points on the Ethereum blockchain.
Below Kolodny’s management, StarkWare has achieved an impressive $8 billion valuation and developed STARK-based know-how that helps a thriving blockchain ecosystem.
What’s Subsequent?
In a blockchain projection report launched on January 8, Ben-Sasson, together with Avihu Levy, the Head of Product, and Liron Hayman, the Head of Enterprise Improvement, shared their insights on upcoming developments, projections, and developments inside StarkWare.
What to anticipate in 2024?
🆙 Volition and tremendous scaling
☀️ DeFi summer season
🎮 Gaming paradiseWe’ve gathered three of our celebrity(ok)s @EliBenSasson, @avihu28, and @HaymanLiron for a discuss what they predict 2024 will appear like.https://t.co/q6O6ozrFok🌟 pic.twitter.com/E4hG829UnE
— StarkWare (@StarkWareLtd) January 8, 2024
Ben-Sasson expressed anticipation for decentralized governance, proof of humanity, and sturdy public companies to materialize by the top of the yr, emphasizing that these goals align with the ecosystem’s elementary targets.
In the meantime, Levy underscored the power of Starknet, an revolutionary resolution developed by the corporate to supply limitless scalability whereas sustaining Ethereum’s decentralization and safety.
He foresees an uptick in on-chain gaming and the emergence of user-friendly wallets that simplify the blockchain expertise.
Alternatively, Hayman delved deeper into Ethereum, highlighting the transformative affect of tokenizing real-world belongings and predicting substantial curiosity from gamers in conventional finance.
With Ben-Sasson’s new management already in movement, the expectation is for utility-focused improvement and improvements that may considerably affect the expansion trajectory of StarkWare.