March 17, 2025
Blockchain

DAO architect Stefan Tual has left the Ethereum community

  • August 21, 2022
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Stefan Tual, the developer behind the infamous DAO project, has left the Ethereum community he has been a member of for nine years. Reported by The Block. “I

DAO architect Stefan Tual has left the Ethereum community

DAO architect Stefan Tual has left the Ethereum community
DAO architect Stefan Tual has left the Ethereum community

Stefan Tual, the developer behind the infamous DAO project, has left the Ethereum community he has been a member of for nine years. Reported by The Block.

“I cannot conscientiously continue to act like everything is fine on Web3,” he wrote in a letter addressed to the organizers of the Ethereum London meeting.

Tual explained his decision in more detail in a post on Reddit.

“As of August 15, 2022, the ‘blockchain’ (or should I use the terminology generated by hedge funds ‘distributed ledger’?) is the first counter-regulator. I am not aware that I belong to this field, not a little, ”wrote the developer.

He added that it now plans to focus on other technologies such as mesh networks and software-defined radio.

Tual joined the Ethereum team in January 2014 as Director of Communications. He left his post to found Slock.it in September 2015.

Second, it developed a framework for creating a DAO. In the same year, The DAO project was created with the participation of Slock.it. In 2019, the startup was acquired by Nevada-based investment firm Blockchains.

Tual disappeared after the collapse of the DAO, but remained active in the Ethereum community. He left Slock.it in 2017 to create a cryptocurrency-focused business incubator. Tual also continued to host cryptocurrency-related events in London, the second largest by capitalization.

Earlier, journalist Laura Shin announced that former TenX co-founder Toby Henish was involved in hacking the DAO.

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Source: Fork Log

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