Francesco D'Amato, a former researcher of the Ethlabs Foundation, has joined the independent agreement research institute. With the restructuring of the internal structure of the Ether Fountain Foundation, more core researchers have begun to shift to organizations outside the Foundation, and the development of protocols is moving towards more decentralized models of collaboration.
We'll continue to push for faster finality.
D'Amato states that he has worked for five years in the research department of the Taifung Foundation and has been involved in the direction of MEV, consensus mechanisms, data availability sampling and implementation level pricing. With the addition of Ethlabs, he will continue to study the protocol and focus on shortening the final confirmation period for the Ethlabs.
He stated that he would devote a great deal of effort to bringing the ETA to a faster end as soon as possible. At the same time, he will assist the Ethlabs to expand the protocol research team to attract more researchers into the Etherwood ecology.
Ethlabs was founded in June.
Ethlabs, founded in June, is an independent, non-profit research organization initiated by researchers from the former Taifung Foundation, including Ansgar Dietrichs, Barnabé Monnot, Gaspar Schwarz Schilling, Josh Rudolf and Julian Ma. The scope of research covers settlement speed, network capacity, issuance of primary assets, cross-chain interoperability and design in the Tokyo currency.
Public information indicates that Ethlabs has the support of the co-founder Joe Lubin and ecological participants such as Bitmine, SharpLink, Angelage, Octant, and SNZ. According to the Agency, the focus of the study is related to the growth in the use of ETA in stabilizing currency, monetizing assets, investing products and AI-driven businesses.
Foundation restructuring to drive research migration
D'Amato's membership took place at a time when the Etherak Foundation was being restructured. Last month, the Foundation reduced its staffing and long-term responsibilities by 54 positions, or approximately 20 per cent of the total workforce. Subsequently, the Foundation disbanded the Protocol Support team and reorganized the remaining work into various sectors such as protocol development, users, communities, visits and institutional activities.
This round of adjustments has also contributed to the emergence of new ETA-related organizations. Earlier this month, Mo Jalil, Oskar Thorén and Aaryamann Challani, former foundation employees, established a profit-making company, EthSystems, to develop an Etherwood-based confidential infrastructure for regulated financial institutions, also supported by Bitmine, SharpLink and Joe Lubin.
Additional information:Ethlabs had previously indicated that, despite financial support from the enterprise, its research decision-making remained independent and related funding was handled by external allotment managers.