Altcoins News
By Dan Saada
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From SEAL 911 to Board Seat. Caversaccio co-founded SEAL 911, a rapid-response unit built specifically to help crypto protocols…
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What the Mandate Actually Requires. The Foundation's board mandate, released earlier this year, spells out what the board is supposed…
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Security Focus at a Complicated Moment. The 40 percent budget cut is probably the most important piece of context here.
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Pascal Caversaccio is now on the Ethereum Foundation's board. Known across the community as "pc," he joins founder Vitalik Buterin, president Aya Miyaguchi, and Swiss counsel…
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The appointment isn't happening in a vacuum. The Foundation has been through a rough stretch — a co-director left in June, the budget got slashed by 40 percent, and Buterin has…
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He's not a stranger to Ethereum's inner circles.
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He also wrote "The Ethereum Cypherpunk Manifesto" in 2024, drawing directly on Eric Hughes' original cypherpunk principles and applying them to blockchain.
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Before getting a formal seat, Caversaccio was involved with the Silviculture Society, an informal advisory group that let him influence Ethereum's direction without any official…
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The position is unpaid and voluntary — same terms as the other board members.
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More context: Ethereum Foundation Adds SEAL 911 Co-Founder pcaversaccio as Its Fourth Board Member
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The Foundation's board mandate, released earlier this year, spells out what the board is supposed to do: shape Ethereum's long-term vision and make sure management decisions…
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Miyaguchi welcomed the appointment publicly, specifically calling out his alignment with CROPS, the Foundation's internal framework for contributor alignment.
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Caversaccio will also share responsibility with Storchenegger for making sure the Foundation meets its obligations as a Swiss legal entity.
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The 40 percent budget cut is probably the most important piece of context here. Cuts that deep don't just affect headcount — they reshape what an organization can actually…
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Read also: Morgan Stanley Ethereum and Solana Trusts List on NYSE Arca With 0.14% Fee and Full Staking Rewards
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