Overview
- The Ethereum Foundation appointed Pascal Caversaccio, known as pcaversaccio, to its board for a voluntary one-year term on July 29, bringing the board to four members.
- Caversaccio co‑founded SEAL 911, an incident‑response initiative that Security Alliance says has handled more than 3,300 cases, coordinated over 125 war rooms and helped recover over $180 million in assets.
- The hire follows a June reorganization that cut 54 roles and reordered work into focused domains as the Foundation tightened near‑term budgets and moved toward endowment‑style spending.
- The Foundation described the board as a 'security council' that sets long‑term vision and checks management against its Mandate and Swiss law but does not control protocol upgrades or day‑to‑day operations.
- The appointment places hands‑on security and privacy experience inside board oversight and could steer what projects the smaller, leaner Foundation chooses to fund, though no new programs, budget lines or direct incident‑response authority were announced.