StarkWare CEO Uri Kolodny Steps Down for Health Reasons

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StarkWare CEO Uri Kolodny Steps Down for Health Reasons

Jimmy AkiJimmy Aki

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Uri KolodnyUri Kolodny
Supply: StarkWare

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.

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.

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.

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.

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