StarkWare CEO Uri Kolodny Steps Down for Health Reasons, Continues as Board Member
Uri Kolodny, the CEO and co-founder of StarkWare Industries, has decided to step down from his position due to family health issues. However, he will remain a board member of StarkWare and Starknet Foundation.
In his announcement, Kolodny appointed Eli Ben-Sasson, the president and a founding team member, as the new CEO of StarkWare.
Eli Ben-Sasson expressed gratitude and sadness in response to Kolodny’s decision. He acknowledged the challenges that Kolodny and his family are facing and expressed his appreciation for Kolodny’s contributions as a brilliant and compassionate CEO.
StarkWare’s Achievements and Future Predictions
StarkWare, founded by Kolodny and Ben-Sasson in 2018, specializes in cryptographic proof systems for addressing scalability issues on the Ethereum blockchain. Under Kolodny’s leadership, StarkWare achieved an impressive $8 billion valuation and developed STARK-based technology that supports the blockchain ecosystem.
In a recent blockchain projection report, Ben-Sasson shared insights on upcoming trends within StarkWare. He mentioned decentralized governance, proof of humanity, and robust public services as key objectives for the year. Avihu Levy highlighted the strength of Starknet in providing scalability while maintaining decentralization and security. He also predicted an increase in on-chain gaming and user-friendly wallets. Liron Hayman discussed tokenizing real-world assets on Ethereum and predicted interest from traditional finance players.
Hot Take: New Leadership for StarkWare
With Uri Kolodny stepping down as CEO, Eli Ben-Sasson takes on the role with the responsibility of upholding StarkWare’s values and driving utility-focused development. The transition marks a significant moment for StarkWare as it continues to innovate and shape the growth trajectory of the blockchain ecosystem.
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