Polkadot Founder Gavin Wood Steps Down as CEO
Polkadot’s co-founder Gavin Wood is leaving his chief executive officer (CEO) role at Parity Technologies, a blockchain infrastructure company, Bloomberg reported on Oct. 21. According to the report, Wood would remain the company’s majority shareholder while also retaining his role as the chief architect . JUST IN: Polkadot $DOT founder Gavin Wood steps down as CEO. — Watcher.Guru (@WatcherGuru) October 21, 2022 Parity co-founder Björn Wagner will take over as the CEO. Speaking on the development, Wood said, “the role of CEO has never been one which I have coveted (and this dates back long before Parity), I can act at being a CEO well enough for a short while, but it’s not where I’m going to find eternal happiness.” Wood played an active role in developing the second-largest crypto asset by market cap, Ethereum. According to available information, he served as the blockchain network’s chief technology officer. He later...